Polaris (PII) Invested Capital (2010 - 2026)
Polaris (PII) posted quarterly Invested Capital of $2.0 billion for Q2 2026, up 6.82% year-over-year from $1.8 billion in Q2 2025, and down 6.68% quarter-over-quarter from $2.1 billion in Q1 2026.
Polaris (PII) Invested Capital (2010 - 2026) Analysis & Trends
Polaris (PII) has reported Invested Capital for 17 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Invested Capital rose 6.82% year-over-year to $2.0 billion; the TTM figure through Jun 2026 stood at $7.3 billion (down 10.06% YoY), while the FY2025 annual figure was $1.5 billion, down 25.71% from the prior year.
- Invested Capital declined to $2.0 billion in Q2 2026 per PII's latest filing, from $2.1 billion in the prior quarter.
- Across five years, Invested Capital topped out at $2.2 billion in Q3 2023 and bottomed at $1.5 billion in Q4 2025.
- Historically, Invested Capital has averaged $2.0 billion across 5 years, with a median of $2.1 billion in 2022.
- Annual changes were most pronounced in 2022 — Invested Capital soared 51.49% — and 2025, when it retreated 25.71%.
- Polaris' Invested Capital stood at $2.1 billion in 2022, then decreased by 7.26% to $1.9 billion in 2023, then increased by 8.59% to $2.1 billion in 2024, then declined by 25.71% to $1.5 billion in 2025, then climbed by 26.75% to $2.0 billion in 2026.
- Business Quant data shows PII's Invested Capital at $2.0 billion in Q2 2026, $2.1 billion in Q1 2026, and $1.5 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.33 Bn | 409.69 Mn | 35.82 Mn |
| 2 | Thor Industries | 4.09 Bn | 3.72 Bn | 354.77 Mn | 2.87 Mn |
| 3 | Polaris | 3.68 Bn | 3.38 Bn | - | 1.95 Bn |
| 4 | Harley-Davidson | 2.89 Bn | 990.76 Mn | 421.12 Mn | 613.14 Mn |
| 5 | Patrick Industries | 2.70 Bn | 2.67 Bn | 247.58 Mn | 6.25 Mn |
| 6 | Lci Industries | 2.53 Bn | 2.32 Bn | 301.14 Mn | 3.66 Mn |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 295.20 Mn |
| 8 | Winnebago Industries | 902.77 Mn | 845.67 Mn | 94.90 Mn | - |
| 9 | Malibu Boats | 548.75 Mn | 498.58 Mn | 41.28 Mn | - |
| 10 | MasterCraft Boat Holdings | 402.76 Mn | 318.13 Mn | 19.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.95 Bn |
| Mar 31, 2026 | 2.09 Bn |
| Dec 31, 2025 | 1.54 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.83 Bn |
| Mar 31, 2025 | 2.06 Bn |
| Dec 31, 2024 | 2.07 Bn |
| Sep 30, 2024 | 2.18 Bn |
| Jun 30, 2024 | 2.14 Bn |
| Mar 31, 2024 | 2.07 Bn |
| Dec 31, 2023 | 1.91 Bn |
| Sep 30, 2023 | 2.21 Bn |
| Jun 30, 2023 | 2.06 Bn |
| Mar 31, 2023 | 2.10 Bn |
| Dec 31, 2022 | 2.06 Bn |
| Sep 30, 2022 | 2.13 Bn |
| Jun 30, 2022 | 2.02 Bn |
| Mar 31, 2022 | 1.95 Bn |
| Dec 31, 2021 | 1.80 Bn |
| Sep 30, 2021 | 1.52 Bn |