Polaris (PII) Debt Ratio (2009 - 2026)
Polaris' (PII) quarterly Debt Ratio came in at 0.38 in 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.
Analysis
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.
- On a quarterly basis, Debt Ratio rose 10.69% year-over-year to 0.38 in Q2 2026; TTM through Jun 2026 was 0.38, a 10.69% increase from a year earlier, with the FY2025 full-year figure at 0.31, down 29.52% from the prior year.
- Debt Ratio was 0.38 for Q2 2026 at Polaris, down from 0.4 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.49 in Q4 2022 and troughed at 0.31 in Q4 2025.
- A 5-year average of 0.38 and a median of 0.38 in 2025 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio soared 33.98% in 2022 and dropped 29.52% in 2025, its largest moves.
- Over 5 years, Debt Ratio stood at 0.49 in 2022, then dropped by 28.91% to 0.35 in 2023, then advanced by 28.77% to 0.45 in 2024, then retreated by 29.52% to 0.31 in 2025, then rose by 19.3% to 0.38 in 2026.
- The last three Debt Ratio figures came in at 0.38 (Q2 2026), 0.4 (Q1 2026), and 0.31 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.79 Bn | 3.42 Bn | 354.77 Mn | 0.13 |
| 2 | Polaris | 3.44 Bn | 3.14 Bn | - | 0.38 |
| 3 | Harley-Davidson | 2.80 Bn | 907.20 Mn | 421.12 Mn | 0.39 |
| 4 | Brunswick | 1.58 Bn | 1.27 Bn | 437.80 Mn | 0.38 |
| 5 | Winnebago Industries | 819.29 Mn | 762.19 Mn | 94.90 Mn | 0.22 |
| 6 | Malibu Boats | 501.34 Mn | 426.93 Mn | 52.19 Mn | 0.17 |
| 7 | MasterCraft Boat Holdings | 369.76 Mn | 285.14 Mn | 19.54 Mn | - |
| 8 | Niu Technologies | 164.11 Mn | -31.02 Mn | 33.95 Mn | 0.19 |
| 9 | Massimo | 40.81 Mn | 36.17 Mn | 7.28 Mn | - |
| 10 | Gogoro | 39.10 Mn | -29.74 Mn | 15.96 Mn | 0.58 |
Historic Data
Download Data
Historic 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 |