Polaris (PII) Invested Capital (2009 - 2026)
Polaris' (PII) quarterly Invested Capital came in at $2.8 billion in Q2 2026, down 7.42% year-over-year from $3.0 billion in Q2 2025, and down 1.89% quarter-over-quarter from $2.8 billion in Q1 2026.
Analysis
Polaris (PII) Invested Capital (2009 - 2026) Analysis & Trends
Polaris (PII) has reported Invested Capital for 18 consecutive years, with $2.8 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital fell 7.42% year-over-year to $2.8 billion in Q2 2026; TTM through Jun 2026 was $2.8 billion, a 7.42% decrease from a year earlier, with the FY2025 full-year figure at $2.4 billion, down 36.91% from the prior year.
- Invested Capital was $2.8 billion for Q2 2026 at Polaris, down from $2.8 billion in the prior quarter.
- Over five years, Invested Capital peaked at $3.8 billion in Q4 2024 and troughed at $2.4 billion in Q4 2025.
- A 5-year average of $3.2 billion and a median of $3.3 billion in 2023 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital climbed 25.95% in 2022 and slumped 36.91% in 2025, its largest moves.
- Over 5 years, Invested Capital stood at $3.6 billion in 2022, then fell by 8.58% to $3.3 billion in 2023, then advanced by 12.82% to $3.8 billion in 2024, then tumbled by 36.91% to $2.4 billion in 2025, then advanced by 17.7% to $2.8 billion in 2026.
- The last three Invested Capital figures came in at $2.8 billion (Q2 2026), $2.8 billion (Q1 2026), and $2.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.80 Bn | 3.43 Bn | 354.77 Mn | 5.26 Bn |
| 2 | Polaris | 3.43 Bn | 3.13 Bn | - | 2.79 Bn |
| 3 | Harley-Davidson | 2.81 Bn | 911.41 Mn | 421.12 Mn | 5.97 Bn |
| 4 | Brunswick | 1.59 Bn | 1.28 Bn | 437.80 Mn | 3.78 Bn |
| 5 | Winnebago Industries | 818.44 Mn | 761.34 Mn | 94.90 Mn | 1.68 Bn |
| 6 | Malibu Boats | 500.57 Mn | 426.15 Mn | 52.19 Mn | 693.43 Mn |
| 7 | MasterCraft Boat Holdings | 369.84 Mn | 285.22 Mn | 19.54 Mn | - |
| 8 | Niu Technologies | 165.30 Mn | -29.82 Mn | 33.95 Mn | 203.35 Mn |
| 9 | Massimo | 40.81 Mn | 36.17 Mn | 7.28 Mn | - |
| 10 | Gogoro | 39.10 Mn | -29.74 Mn | 15.96 Mn | 443.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.79 Bn |
| Mar 31, 2026 | 2.85 Bn |
| Dec 31, 2025 | 2.37 Bn |
| Sep 30, 2025 | 2.89 Bn |
| Jun 30, 2025 | 3.02 Bn |
| Mar 31, 2025 | 3.29 Bn |
| Dec 31, 2024 | 3.76 Bn |
| Sep 30, 2024 | 3.53 Bn |
| Jun 30, 2024 | 3.49 Bn |
| Mar 31, 2024 | 3.45 Bn |
| Dec 31, 2023 | 3.33 Bn |
| Sep 30, 2023 | 3.54 Bn |
| Jun 30, 2023 | 3.31 Bn |
| Mar 31, 2023 | 3.26 Bn |
| Dec 31, 2022 | 3.65 Bn |
| Sep 30, 2022 | 3.15 Bn |
| Jun 30, 2022 | 3.09 Bn |
| Mar 31, 2022 | 3.07 Bn |
| Dec 31, 2021 | 3.51 Bn |
| Sep 30, 2021 | 2.74 Bn |