Polaris (PII) Debt Ratio (2009 - 2026)
Polaris (PII) posted quarterly Debt Ratio of 0.38 for Q2 2026, up 10.69% year-over-year from 0.34 in Q2 2025, and down 5.93% quarter-over-quarter from 0.4 in Q1 2026.
Polaris (PII) Debt Ratio (2009 - 2026) Analysis & Trends
Polaris (PII) has reported Debt Ratio for 18 consecutive years, with 0.38 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt Ratio rose 10.69% year-over-year to 0.38; the TTM figure through Jun 2026 stood at 0.38 (up 10.69% YoY), while the FY2025 annual figure was 0.31, down 29.52% from the prior year.
- Debt Ratio declined to 0.38 in Q2 2026 per PII's latest filing, from 0.4 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.49 in Q4 2022 and bottomed at 0.31 in Q4 2025.
- Historically, Debt Ratio has averaged 0.38 across 5 years, with a median of 0.38 in 2025.
- Annual changes were most pronounced in 2022 — Debt Ratio jumped 33.98% — and 2025, when it declined 29.52%.
- Polaris' Debt Ratio stood at 0.49 in 2022, then fell by 28.91% to 0.35 in 2023, then grew by 28.77% to 0.45 in 2024, then slipped by 29.52% to 0.31 in 2025, then advanced by 19.3% to 0.38 in 2026.
- Business Quant data shows PII's Debt Ratio at 0.38 in Q2 2026, 0.4 in Q1 2026, and 0.31 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.86 Bn | 4.30 Bn | 409.69 Mn | 0.36 |
| 2 | Thor Industries | 4.10 Bn | 3.73 Bn | 354.77 Mn | 0.12 |
| 3 | Polaris | 3.67 Bn | 3.37 Bn | - | 0.38 |
| 4 | Harley-Davidson | 2.88 Bn | 988.13 Mn | 421.12 Mn | 0.31 |
| 5 | Patrick Industries | 2.71 Bn | 2.69 Bn | 247.58 Mn | 0.44 |
| 6 | Lci Industries | 2.55 Bn | 2.33 Bn | 301.14 Mn | 0.26 |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 0.38 |
| 8 | Winnebago Industries | 910.98 Mn | 853.88 Mn | 94.90 Mn | 0.22 |
| 9 | Malibu Boats | 554.56 Mn | 504.39 Mn | 41.28 Mn | 0.16 |
| 10 | MasterCraft Boat Holdings | 406.15 Mn | 321.52 Mn | 19.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.37 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.38 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.45 |
| Sep 30, 2021 | 0.31 |