Polar Power (POLA) Operating Leases (2019 - 2025)
Polar Power's Operating Leases came in at $76,000 for Q2 2025, down 93.6% from $1.19 million a year earlier and down 61.4% from the prior quarter.
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Analysis
Polar Power (POLA) Operating Leases (2019 - 2025) Analysis & Trends
At the end of FY2024, Polar Power's Operating Leases was $474,000, down 74.5% from FY2023.
- Operating Leases carries a five-year compound annual growth rate of -22.2% (FY2019 to FY2024).
- Going back by year, Operating Leases was $1.86 million in FY2023, $268,000 in FY2021 (-72.9%) and $990,000 in FY2020 (-40.4%).
- The Q2 2025 figure represents the lowest quarterly Operating Leases since Q2 2022.
- Year-over-year, Operating Leases has declined for five consecutive quarters, with an average decline of 67.7% over the last five quarters.
- Across the past five years, year-over-year decline in Operating Leases ran from 21.9% in Q2 2024 to 93.6% in Q2 2025.
- Business Quant data shows POLA's Operating Leases at $197,000 (Q1 2025), $474,000 (Q4 2024) and $840,000 (Q3 2024) in the three quarters before Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Polar Power | 4.61 Mn | 4.20 Mn | -337,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 76,000.00 |
| Mar 31, 2025 | 197,000.00 |
| Dec 31, 2024 | 474,000.00 |
| Sep 30, 2024 | 840,000.00 |
| Jun 30, 2024 | 1.19 Mn |
| Mar 31, 2024 | 1.54 Mn |
| Dec 31, 2023 | 1.86 Mn |
| Sep 30, 2023 | 2.16 Mn |
| Jun 30, 2023 | 1.53 Mn |
| Jun 30, 2022 | 47,000.00 |
| Mar 31, 2022 | 123,000.00 |
| Dec 31, 2021 | 268,000.00 |
| Sep 30, 2021 | 454,000.00 |
| Jun 30, 2021 | 635,000.00 |
| Mar 31, 2021 | 815,000.00 |
| Dec 31, 2020 | 990,000.00 |
| Sep 30, 2020 | 1.16 Mn |
| Jun 30, 2020 | 1.33 Mn |
| Mar 31, 2020 | 1.50 Mn |
| Dec 31, 2019 | 1.66 Mn |
API Access
Polar Power Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=POLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "POLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();