Growth Metrics

Polaris (PII) FCF Margin (2009 - 2025)

Polaris (PII) reported FCF Margin of 5.93% for Q4 2025, down 189.0% year-over-year from 6.66% in Q4 2024, and down 6.4% on a QoQ basis from 6.34% in Q3 2025.

Polaris (PII) has 17 years of FCF Margin data on file, last reported at 5.93% in Q4 2025.

  • Quarterly FCF Margin fell 189.0% year-over-year to 5.93% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 7.8% (up 771.0% YoY) and the FY2025 annual result came in at 7.8%, up 771.0% from the prior year.
  • FCF Margin retreated to 5.93% in Q4 2025 per PII's latest filing, from 6.34% in the prior quarter.
  • Across five years, FCF Margin topped out at 19.61% in Q4 2023 and bottomed at 10.22% in Q1 2024.
  • The 5-year median for FCF Margin is 2.72% (2021), against an average of 3.03%.
  • The widest annual swing landed in 2021, when FCF Margin sank 2107 bps; it then soared 1332 bps in 2025.
  • Tracing PII's FCF Margin over 5 years: stood at 2.34% in 2021, then surged by 446 bps to 12.81% in 2022, then jumped by 53 bps to 19.61% in 2023, then sank by 60 bps to 7.82% in 2024, then declined by 24 bps to 5.93% in 2025.
  • Per Business Quant, the three latest PII FCF Margin figures stand at 5.93% (Q4 2025), 6.34% (Q3 2025), and 15.1% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn -8.77%
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn -4.12%
3 Polaris 4.05 Bn 3.77 Bn - -
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn 25.38%
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn -3.30%
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn -56.28%
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn -3.95%
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn -3.03%
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 6.57%
10 MasterCraft Boat Holdings 376.07 Mn 291.65 Mn 19.54 Mn -1.13%

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 5.93%
Sep 30, 2025 6.34%
Jun 30, 2025 15.10%
Mar 31, 2025 3.10%
Dec 31, 2024 7.82%
Sep 30, 2024 -1.88%
Jun 30, 2024 4.03%
Mar 31, 2024 -10.22%
Dec 31, 2023 19.61%
Sep 30, 2023 -3.44%
Jun 30, 2023 5.05%
Mar 31, 2023 1.37%
Dec 31, 2022 12.81%
Sep 30, 2022 4.12%
Jun 30, 2022 -3.47%
Mar 31, 2022 -5.89%
Dec 31, 2021 2.34%
Sep 30, 2021 -4.58%
Jun 30, 2021 1.84%
Mar 31, 2021 0.54%
Dec 31, 2020 19.18%
Sep 30, 2020 16.49%
Jun 30, 2020 22.48%
Mar 31, 2020 -8.41%
Dec 31, 2019 9.04%
Sep 30, 2019 10.22%
Jun 30, 2019 9.78%
Mar 31, 2019 -7.25%
Dec 31, 2018 3.40%
Sep 30, 2018 8.22%
Jun 30, 2018 7.94%
Mar 31, 2018 -4.53%
Dec 31, 2017 2.14%
Sep 30, 2017 12.80%
Jun 30, 2017 12.65%
Mar 31, 2017 0.75%
Sep 30, 2016 22.86%
Jun 30, 2016 12.95%
Mar 31, 2016 8.56%
Dec 31, 2015 -11.24%
Sep 30, 2015 21.55%
Jun 30, 2015 2.47%
Mar 31, 2015 -2.57%
Dec 31, 2014 7.08%
Sep 30, 2014 15.71%
Jun 30, 2014 2.39%
Mar 31, 2014 0.57%
Dec 31, 2013 4.80%
Sep 30, 2013 16.24%
Jun 30, 2013 0.25%
Mar 31, 2013 1.03%
Dec 31, 2012 13.81%
Sep 30, 2012 17.26%
Jun 30, 2012 7.73%
Mar 31, 2012 -3.21%
Dec 31, 2011 10.54%
Sep 30, 2011 15.68%
Jun 30, 2011 5.82%
Mar 31, 2011 -2.64%
Dec 31, 2010 19.41%
Sep 30, 2010 14.79%
Jun 30, 2010 9.37%
Mar 31, 2010 -1.19%
Dec 31, 2009 -7.62%
Sep 30, 2009 2,578.25%