Growth Metrics

Polaris (PII) Debt Ratio (2009 - 2026)

Polaris (PII) reported Debt Ratio of 0.4 for Q1 2026, up 5.77% year-over-year from 0.38 in Q1 2025, and up 26.81% on a QoQ basis from 0.31 in Q4 2025.

Polaris (PII) has 18 years of Debt Ratio data on file, last reported at 0.4 in Q1 2026.

  • Quarterly Debt Ratio rose 5.77% year-over-year to 0.4 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.4 (up 5.77% YoY) and the FY2025 annual result came in at 0.31, down 16.13% from the prior year.
  • Debt Ratio advanced to 0.4 in Q1 2026 per PII's latest filing, from 0.31 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.42 in Q3 2022 and bottomed at 0.31 in Q4 2025.
  • The 5-year median for Debt Ratio is 0.38 (2025), against an average of 0.37.
  • The widest annual swing landed in 2022, when Debt Ratio soared 35.11%; it then decreased 16.13% in 2025.
  • Tracing PII's Debt Ratio over 5 years: stood at 0.39 in 2022, then decreased by 12.28% to 0.35 in 2023, then gained by 8.42% to 0.38 in 2024, then fell by 16.13% to 0.31 in 2025, then gained by 26.81% to 0.4 in 2026.
  • Per Business Quant, the three latest PII Debt Ratio figures stand at 0.4 (Q1 2026), 0.31 (Q4 2025), and 0.33 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 0.42
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 0.13
3 Polaris 4.05 Bn 3.77 Bn - 0.40
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn 0.39
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 0.43
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 0.23
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 0.29
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn 0.22
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 0.16
10 MasterCraft Boat Holdings 376.07 Mn 291.65 Mn 19.54 Mn -

Historic Data

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DateValue
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 0.38
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 0.39
Sep 30, 2022 0.42
Jun 30, 2022 0.38
Mar 31, 2022 0.38
Dec 31, 2021 0.35
Sep 30, 2021 0.31
Jun 30, 2021 0.29
Mar 31, 2021 0.31
Dec 31, 2020 0.31
Sep 30, 2020 0.39
Jun 30, 2020 0.44
Mar 31, 2020 0.45
Dec 31, 2019 0.38
Sep 30, 2019 0.39
Jun 30, 2019 0.43
Mar 31, 2019 0.47
Dec 31, 2018 0.47
Sep 30, 2018 0.45
Jun 30, 2018 0.34
Mar 31, 2018 0.32
Dec 31, 2017 0.29
Sep 30, 2017 0.29
Jun 30, 2017 0.34
Mar 31, 2017 0.37
Dec 31, 2016 0.36
Sep 30, 2016 0.18
Jun 30, 2016 0.19
Mar 31, 2016 0.22
Dec 31, 2015 0.19
Sep 30, 2015 0.12
Jun 30, 2015 0.17
Mar 31, 2015 0.14
Dec 31, 2014 0.10
Sep 30, 2014 0.10
Jun 30, 2014 0.18
Mar 31, 2014 0.17
Dec 31, 2013 0.17
Sep 30, 2013 0.05
Jun 30, 2013 0.06
Mar 31, 2013 0.07
Dec 31, 2012 0.07
Sep 30, 2012 0.07
Jun 30, 2012 0.08
Mar 31, 2012 0.08
Dec 31, 2011 0.08
Sep 30, 2011 0.08
Jun 30, 2011 0.09
Mar 31, 2011 0.19
Dec 31, 2010 4.66
Sep 30, 2010 0.21
Jun 30, 2010 0.24
Dec 31, 2009 5.64