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COMPANY BENCHMARKING • UNITED STATES

Polaris Inc. - Company Profile

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Polaris Inc. - Overview

Brands
KTM
Description
Polaris is a public company headquartered in Minnesota with an estimated 16,200 employees. In the US, the company has a notable market share in at least three industries: Motorcycle, Bike & Parts Manufacturing, ATV, Golf Cart & Snowmobile Manufacturing, ATV Manufacturing and Motorcycle, Bike & Parts Manufacturing. Their largest market share is in the ATV Manufacturing industry, where they account for an estimated 28.8% of total industry revenue.
Company Details

Registered Name: Polaris Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 2100 Hwy 55 Medina MN 55340

Website: https://www.polaris.com/en-us/

Employees: 16200

Polaris Inc. - Operating Industries and Main Competitors

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Polaris Inc. - Products and Services

  • Motorcycle, Bike & Parts Manufacturing in the US

    • Of the 5 core revenue-generating products and services in the Motorcycle, Bike & Parts Manufacturing in the US industry, Polaris Inc. offers:
    • Dual motorcycles
    • Off-highway motorcycles
    • On-highway motorcycles

  • ATV Manufacturing in the US

    • Of the 4 core revenue-generating products and services in the ATV Manufacturing in the US industry, Polaris Inc. offers:
    • General use/utility ATVs
    • Parts and accessories
    • Side-by-side ATVs
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error_outline To view Polaris Inc.'s full products and services, see purchase options.

Polaris Inc. - Analyst Insights

Polaris expands to meet demand

Polaris reported in 2021 that they were back to and exceedingly above pre-pandemic levels, with sales at an all time high for the company. With this in mind they had to expand operations across the board to meet demand from customers. They expanded manufacturing operations in Elkhart, Indiana, re-opened their boat facility in Syracuse, Indiana, a move which added around 60 extra positions at that facility. These moves, along with many more expanded the manufacturing capacity of the company, setting them up for increased growth through the rest of 2021.

New Activity|Structural|Discontinued Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

Lorem Ipsum text header Report Title

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error_outline To view all analyst insights on Polaris Inc., see purchase options.

Polaris Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Polaris Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the ATV, Golf Cart & Snowmobile Manufacturing in the US, Motorcycle, Bike & Parts Manufacturing in the US, and ATV Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Polaris Inc.'s full SWOT analysis, see purchase options.

Polaris Inc. - Financial Statements & Ratios

pie_chartPolaris Inc. Income Statement

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Revenue8,934.48,589.07,439.26,281.46,782.56,078.5
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartPolaris Inc. Balance Sheet

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Cash and Equivalents367.8324.5502.3631.7157.1161.2
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartPolaris Inc. Cash Flow

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Net Income502.7447.6494.3124.9323.9335.3
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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error_outline To view all financial data for Polaris Inc., see purchase options.

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