Polaris (PII) FCF Margin (2009 - 2025)
Polaris (PII) posted quarterly FCF Margin of 5.93% for Q4 2025, down 189.0% year-over-year from 6.66% in Q4 2024, and down 6.4% quarter-over-quarter from 6.34% in Q3 2025.
Polaris (PII) FCF Margin (2009 - 2025) Analysis & Trends
Polaris (PII) has reported FCF Margin for 17 consecutive years, with 5.93% the latest figure, recorded in Q4 2025.
- In Q4 2025, FCF Margin fell 189.0% year-over-year to 5.93%; the TTM figure through Dec 2025 stood at 7.8% (up 771.0% YoY), while the FY2025 annual figure was 7.8%, up 771.0% from the prior year.
- FCF Margin eased 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.
- Historically, FCF Margin has averaged 3.02% across 5 years, with a median of 3.54% in 2021.
- Annual changes were most pronounced in 2021 — FCF Margin sank 2337 bps — and 2025, when it surged 1332 bps.
- Polaris' FCF Margin stood at 2.34% in 2021, then surged by 401 bps to 11.73% in 2022, then jumped by 67 bps to 19.61% in 2023, then plunged by 60 bps to 7.82% in 2024, then decreased by 24 bps to 5.93% in 2025.
- Business Quant data shows PII's FCF Margin at 5.93% in Q4 2025, 6.34% in Q3 2025, and 15.1% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.86 Bn | 4.30 Bn | 409.69 Mn | 1.93% |
| 2 | Thor Industries | 4.10 Bn | 3.73 Bn | 354.77 Mn | 7.05% |
| 3 | Polaris | 3.67 Bn | 3.37 Bn | - | - |
| 4 | Harley-Davidson | 2.88 Bn | 988.13 Mn | 421.12 Mn | -27.27% |
| 5 | Patrick Industries | 2.71 Bn | 2.69 Bn | 247.58 Mn | 6.27% |
| 6 | Lci Industries | 2.55 Bn | 2.33 Bn | 301.14 Mn | 19.09% |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 17.60% |
| 8 | Winnebago Industries | 910.98 Mn | 853.88 Mn | 94.90 Mn | 2.68% |
| 9 | Malibu Boats | 554.56 Mn | 504.39 Mn | 41.28 Mn | 6.57% |
| 10 | MasterCraft Boat Holdings | 406.15 Mn | 321.52 Mn | 19.54 Mn | 4.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 11.73% |
| Sep 30, 2022 | 5.22% |
| Jun 30, 2022 | -3.47% |
| Mar 31, 2022 | -5.89% |
| Dec 31, 2021 | 2.34% |
| Sep 30, 2021 | -6.88% |
| Jun 30, 2021 | 3.97% |
| Mar 31, 2021 | 0.54% |