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Polaris PII Debt-to-assets

Debt-to-assets at other companies

Brunswick logo
BrunswickBC
0.5×0.0×
Harley-Davidson logo
Harley-DavidsonHOG
0.2×-0.2×
Thor Industries logo
Thor IndustriesTHO
0.1×0.0×
LKQ logo
LKQLKQ
0.1×0.0×
Rivian Automotive, Inc. logo
Rivian Automotive, Inc.RIVN
0.4×+0.1×
Patrick Industries logo
Patrick IndustriesPATK
0.5×0.0×

Other financials

Income statement

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Revenue$1.7B+8.0%
Gross profit$334.8M+36.7%
Operating income-$39.1M-8.3%
Net income-$47.4M+29.0%
EPS (diluted)-$0.83+29.1%

Balance sheet

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Cash & equivalents$282.0M-3.3%
Total debt$2.1B+1.4%
Total equity$750.4M-38.8%
Total assets$5.2B-3.8%

Cash flow

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Operating cash flow-$320.2M-485%
CapEx$29.7M-16.6%
Free cash flow-$349.9M-835%

Valuation

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Market cap$3.91B+34.8%

Profitability

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Gross margin20%+0.2pp
Operating margin-4.8%-7.9pp
Net margin-6.1%-6.7pp
FCF margin2.2%-1.1pp

Returns & leverage

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Return on equity-45.1%-48.2pp
Debt / equity2.8×+1.1×
Current ratio1.2×+0.1×

Where this comes from

Calculated from Polaris’s reported figures.

Based on the most recent quarter.

The official record: Polaris’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Polaris's debt-to-assets?
Polaris (PII) reported debt-to-assets of 0.4× in Q1 2026.
How has Polaris's debt-to-assets changed year-over-year?
Polaris's debt-to-assets increased by 5.5% year-over-year, from 0.4× to 0.4×.
What is the long-term trend for Polaris's debt-to-assets?
Over 5 years (2020 to 2025), Polaris's debt-to-assets has grown at a 40.9% compound annual growth rate (CAGR), from 0.1× to 0.3×.
What does debt-to-assets mean?
Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.