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Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to another segment of the outdoor lifestyle market. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
1954
15K+
LTM Revenue $7.0B
LTM EBITDA $510M
$4.1B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Polaris has a last 12-month revenue (LTM) of $7.0B and a last 12-month EBITDA of $510M.
In the most recent fiscal year, Polaris achieved revenue of $7.2B and an EBITDA of $564M.
Polaris expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Polaris valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $7.0B | XXX | $7.2B | XXX | XXX | XXX |
| Gross Profit | $1.4B | XXX | $1.5B | XXX | XXX | XXX |
| Gross Margin | 20% | XXX | 20% | XXX | XXX | XXX |
| EBITDA | $510M | XXX | $564M | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 8% | XXX | XXX | XXX |
| EBIT | $181M | XXX | $291M | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 4% | XXX | XXX | XXX |
| Net Profit | $24.4M | XXX | $111M | XXX | XXX | XXX |
| Net Margin | 0% | XXX | 2% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $1.8B | XXX | XXX | XXX |
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As of May 30, 2025, Polaris's stock price is $39.
Polaris has current market cap of $2.2B, and EV of $4.1B.
See Polaris trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4.1B | $2.2B | XXX | XXX | XXX | XXX | $1.40 |
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Start Free TrialAs of May 30, 2025, Polaris has market cap of $2.2B and EV of $4.1B.
Polaris's trades at 0.6x EV/Revenue multiple, and 7.3x EV/EBITDA.
Equity research analysts estimate Polaris's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Polaris has a P/E ratio of 90.2x.
See valuation multiples for Polaris and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2.2B | XXX | $2.2B | XXX | XXX | XXX |
| EV (current) | $4.1B | XXX | $4.1B | XXX | XXX | XXX |
| EV/Revenue | 0.6x | XXX | 0.6x | XXX | XXX | XXX |
| EV/EBITDA | 8.0x | XXX | 7.3x | XXX | XXX | XXX |
| EV/EBIT | 22.6x | XXX | 14.1x | XXX | XXX | XXX |
| EV/Gross Profit | 3.0x | XXX | n/a | XXX | XXX | XXX |
| P/E | 90.2x | XXX | 19.9x | XXX | XXX | XXX |
| EV/FCF | 262.8x | XXX | -72.8x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialPolaris's last 12 month revenue growth is -3%
Polaris's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.1M for the same period.
Polaris's rule of 40 is 9% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Polaris's rule of X is 1% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Polaris and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | -3% | XXX | -2% | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 8% | XXX | XXX | XXX |
| EBITDA Growth | -28% | XXX | -43% | XXX | XXX | XXX |
| Rule of 40 | 9% | XXX | 5% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 1% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 7% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 5% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 16% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Ebusco Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| Traton | XXX | XXX | XXX | XXX | XXX | XXX |
| Ashok Leyland | XXX | XXX | XXX | XXX | XXX | XXX |
| TVS Motor | XXX | XXX | XXX | XXX | XXX | XXX |
| Bajaj Auto | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Polaris acquired XXX companies to date.
Last acquisition by Polaris was XXXXXXXX, XXXXX XXXXX XXXXXX . Polaris acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Polaris founded? | Polaris was founded in 1954. |
| Where is Polaris headquartered? | Polaris is headquartered in United States of America. |
| How many employees does Polaris have? | As of today, Polaris has 15K+ employees. |
| Who is the CEO of Polaris? | Polaris's CEO is Mr. Michael T. Speetzen. |
| Is Polaris publicy listed? | Yes, Polaris is a public company listed on NYS. |
| What is the stock symbol of Polaris? | Polaris trades under PII ticker. |
| When did Polaris go public? | Polaris went public in 1995. |
| Who are competitors of Polaris? | Similar companies to Polaris include e.g. Ebusco Holding, Traton, Ashok Leyland, TVS Motor. |
| What is the current market cap of Polaris? | Polaris's current market cap is $2.2B |
| What is the current revenue of Polaris? | Polaris's last 12 months revenue is $7.0B. |
| What is the current revenue growth of Polaris? | Polaris revenue growth (NTM/LTM) is -3%. |
| What is the current EV/Revenue multiple of Polaris? | Current revenue multiple of Polaris is 0.6x. |
| Is Polaris profitable? | Yes, Polaris is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Polaris? | Polaris's last 12 months EBITDA is $510M. |
| What is Polaris's EBITDA margin? | Polaris's last 12 months EBITDA margin is 7%. |
| What is the current EV/EBITDA multiple of Polaris? | Current EBITDA multiple of Polaris is 8.0x. |
| What is the current FCF of Polaris? | Polaris's last 12 months FCF is $15.6M. |
| What is Polaris's FCF margin? | Polaris's last 12 months FCF margin is 0%. |
| What is the current EV/FCF multiple of Polaris? | Current FCF multiple of Polaris is 262.8x. |
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