Polaris (PII) Debt to Equity (2009 - 2026)
Polaris (PII) reported Debt to Equity of $2.79 for Q1 2026, up 66.81% year-over-year from $1.67 in Q1 2025, and up 49.94% on a QoQ basis from $1.86 in Q4 2025.
Polaris (PII) has 18 years of Debt to Equity data on file, last reported at $2.79 in Q1 2026.
- Quarterly Debt to Equity rose 66.81% year-over-year to $2.79 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.79 (up 66.81% YoY) and the FY2025 annual result came in at $1.86, up 16.05% from the prior year.
- Debt to Equity rose to $2.79 in Q1 2026 per PII's latest filing, from $1.86 in the prior quarter.
- Across five years, Debt to Equity topped out at $2.79 in Q1 2026 and bottomed at $1.34 in Q4 2023.
- The 5-year median for Debt to Equity is $1.65 (2023), against an average of $1.75.
- The widest annual swing landed in 2022, when Debt to Equity soared 68.23%; it then decreased 28.1% in 2023.
- Tracing PII's Debt to Equity over 5 years: stood at $1.87 in 2022, then decreased by 28.1% to $1.34 in 2023, then gained by 19.23% to $1.6 in 2024, then advanced by 16.05% to $1.86 in 2025, then surged by 49.94% to $2.79 in 2026.
- Per Business Quant, the three latest PII Debt to Equity figures stand at $2.79 (Q1 2026), $1.86 (Q4 2025), and $1.51 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | 1.43 |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | 0.20 |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | 2.79 |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | - |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | 1.17 |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | 0.53 |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | 0.68 |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | 0.36 |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | 0.32 |
| 10 | MasterCraft Boat Holdings | 376.07 Mn | 291.65 Mn | 19.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.79 |
| Dec 31, 2025 | 1.86 |
| Sep 30, 2025 | 1.51 |
| Jun 30, 2025 | 1.54 |
| Mar 31, 2025 | 1.67 |
| Dec 31, 2024 | 1.60 |
| Sep 30, 2024 | 1.62 |
| Jun 30, 2024 | 1.60 |
| Mar 31, 2024 | 1.50 |
| Dec 31, 2023 | 1.34 |
| Sep 30, 2023 | 1.65 |
| Jun 30, 2023 | 1.65 |
| Mar 31, 2023 | 1.82 |
| Dec 31, 2022 | 1.87 |
| Sep 30, 2022 | 2.09 |
| Jun 30, 2022 | 1.87 |
| Mar 31, 2022 | 1.74 |
| Dec 31, 2021 | 1.46 |
| Sep 30, 2021 | 1.24 |
| Jun 30, 2021 | 1.19 |
| Mar 31, 2021 | 1.34 |
| Dec 31, 2020 | 1.25 |
| Sep 30, 2020 | 1.95 |
| Jun 30, 2020 | 2.54 |
| Mar 31, 2020 | 2.15 |
| Dec 31, 2019 | 1.51 |
| Sep 30, 2019 | 1.76 |
| Jun 30, 2019 | 1.98 |
| Mar 31, 2019 | 2.37 |
| Dec 31, 2018 | 2.25 |
| Sep 30, 2018 | 2.08 |
| Jun 30, 2018 | 1.25 |
| Mar 31, 2018 | 1.06 |
| Dec 31, 2017 | 0.96 |
| Sep 30, 2017 | 1.03 |
| Jun 30, 2017 | 1.25 |
| Mar 31, 2017 | 1.39 |
| Dec 31, 2016 | 1.30 |
| Sep 30, 2016 | 0.47 |
| Jun 30, 2016 | 0.49 |
| Mar 31, 2016 | 0.55 |
| Dec 31, 2015 | 0.45 |
| Sep 30, 2015 | 0.30 |
| Jun 30, 2015 | 0.41 |
| Mar 31, 2015 | 0.34 |
| Dec 31, 2014 | 0.23 |
| Sep 30, 2014 | 0.24 |
| Jun 30, 2014 | 0.49 |
| Mar 31, 2014 | 0.49 |
| Dec 31, 2013 | 0.52 |
| Sep 30, 2013 | 0.11 |
| Jun 30, 2013 | 0.12 |
| Mar 31, 2013 | 0.14 |
| Dec 31, 2012 | 0.14 |
| Sep 30, 2012 | 0.15 |
| Jun 30, 2012 | 0.18 |
| Mar 31, 2012 | 0.18 |
| Dec 31, 2011 | 0.20 |
| Sep 30, 2011 | 0.20 |
| Jun 30, 2011 | 0.22 |
| Mar 31, 2011 | 0.51 |
| Dec 31, 2010 | 0.54 |
| Sep 30, 2010 | 0.67 |
| Jun 30, 2010 | 0.83 |
| Dec 31, 2009 | 0.98 |