Growth Metrics

Polaris (PII) Invested Capital (2009 - 2026)

Polaris (PII) reported Invested Capital of $2.8 billion for Q1 2026, down 13.54% year-over-year from $3.3 billion in Q1 2025, and up 20.0% on a QoQ basis from $2.4 billion in Q4 2025.

Polaris (PII) has 18 years of Invested Capital data on file, last reported at $2.8 billion in Q1 2026.

  • Quarterly Invested Capital fell 13.54% year-over-year to $2.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.8 billion (down 13.54% YoY) and the FY2025 annual result came in at $2.4 billion, down 28.81% from the prior year.
  • Invested Capital improved to $2.8 billion in Q1 2026 per PII's latest filing, from $2.4 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $3.5 billion in Q3 2023 and bottomed at $1.0 billion in Q3 2022.
  • The 5-year median for Invested Capital is $3.3 billion (2023), against an average of $3.1 billion.
  • The widest annual swing landed in 2023, when Invested Capital soared 244.08%; it then fell 28.81% in 2025.
  • Tracing PII's Invested Capital over 5 years: stood at $3.1 billion in 2022, then advanced by 6.03% to $3.3 billion in 2023, then climbed by 1.44% to $3.3 billion in 2024, then slipped by 28.81% to $2.4 billion in 2025, then advanced by 20.0% to $2.8 billion in 2026.
  • Per Business Quant, the three latest PII Invested Capital figures stand at $2.8 billion (Q1 2026), $2.4 billion (Q4 2025), and $2.9 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 2.09 Bn
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 5.20 Bn
3 Polaris 4.05 Bn 3.77 Bn - 2.84 Bn
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn 1.76 Bn
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 1.19 Bn
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 4.70 Bn
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 2.33 Bn
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn 1.68 Bn
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 682.67 Mn
10 MasterCraft Boat Holdings 376.07 Mn 291.65 Mn 19.54 Mn 189.05 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 2.84 Bn
Dec 31, 2025 2.37 Bn
Sep 30, 2025 2.88 Bn
Jun 30, 2025 3.02 Bn
Mar 31, 2025 3.29 Bn
Dec 31, 2024 3.33 Bn
Sep 30, 2024 3.53 Bn
Jun 30, 2024 3.49 Bn
Mar 31, 2024 3.45 Bn
Dec 31, 2023 3.28 Bn
Sep 30, 2023 3.54 Bn
Jun 30, 2023 3.31 Bn
Mar 31, 2023 3.26 Bn
Dec 31, 2022 3.09 Bn
Sep 30, 2022 1.03 Bn
Jun 30, 2022 3.09 Bn
Mar 31, 2022 3.07 Bn
Dec 31, 2021 2.95 Bn
Sep 30, 2021 1.23 Bn
Jun 30, 2021 2.45 Bn
Mar 31, 2021 2.49 Bn
Dec 31, 2020 2.51 Bn
Sep 30, 2020 2.81 Bn
Jun 30, 2020 768.60 Mn
Mar 31, 2020 1.02 Bn
Dec 31, 2019 2.71 Bn
Sep 30, 2019 1.03 Bn
Jun 30, 2019 2.85 Bn
Mar 31, 2019 2.98 Bn
Dec 31, 2018 1.22 Bn
Sep 30, 2018 1.25 Bn
Jun 30, 2018 1.99 Bn
Mar 31, 2018 2.00 Bn
Dec 31, 2017 1.84 Bn
Sep 30, 2017 910.46 Mn
Jun 30, 2017 1.92 Bn
Mar 31, 2017 2.01 Bn
Dec 31, 2016 2.01 Bn
Sep 30, 2016 1.37 Bn
Jun 30, 2016 1.39 Bn
Mar 31, 2016 945.37 Mn
Dec 31, 2015 995.98 Mn
Sep 30, 2015 951.86 Mn
Jun 30, 2015 899.25 Mn
Mar 31, 2015 876.78 Mn
Dec 31, 2014 861.27 Mn
Sep 30, 2014 822.70 Mn
Jun 30, 2014 694.42 Mn
Mar 31, 2014 615.85 Mn
Dec 31, 2013 535.61 Mn
Sep 30, 2013 931.68 Mn
Jun 30, 2013 807.46 Mn
Mar 31, 2013 731.84 Mn
Dec 31, 2012 690.53 Mn
Sep 30, 2012 659.08 Mn
Jun 30, 2012 570.34 Mn
Mar 31, 2012 549.26 Mn
Dec 31, 2011 500.06 Mn
Sep 30, 2011 495.22 Mn
Jun 30, 2011 451.44 Mn
Mar 31, 2011 489.18 Mn
Dec 31, 2010 470.99 Mn
Sep 30, 2010 297.92 Mn
Jun 30, 2010 239.80 Mn
Dec 31, 2009 204.54 Mn