Company
Polaris Inc.
Headquarters: Medina, MN, United States
Founded: 1954
Employees: 16,000
CEO: Mr. Michael T. Speetzen
Market Cap
$5.10 Billion
USD as of Jan. 1, 2024
Top Competitors by Market Capitalization
Industry: Recreational Vehicles
| Company | Market Cap (USD) |
|---|---|
| Thor Industries, Inc. | $5.85 B |
| BRP Inc. | $5.31 B |
| Harley-Davidson, Inc. | $4.83 B |
| Trigano SA | $3.09 B |
| LCI Industries | $3.02 B |
Detailed Description
Polaris Inc. designs, engineers, manufactures, and markets power sports vehicles worldwide. It operates through six segments: ORV, Snowmobiles, Motorcycles, Global Adjacent Markets, Aftermarket, and Boats. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; snowmobiles and snow bikes conversion kit systems; motorcycles; and low emission, light duty hauling, passenger, and industrial vehicles. It also produces replacement parts and accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil for ORVs; snowmobile accessories, which comprise covers, traction products, electric starters, reverse kits, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, including e saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers gear and apparel, such as helmets, jackets, gloves, pants, hats, goggles, boots, bibs, and leathers; off-road Jeep and truck accessories; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and aftermarket parts, garments, and accessories through 101 brick-and-mortar retail centers, call centers, and e-commerce sites. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1954 and is headquartered in Medina, Minnesota.
Top 1-year algo backtest: +284.14%
$10,000 in April 2023 would now be $38,414 by following this algorithm daily at market close.
Boost your stocks returns with Disfold AI... Now!
Try Disfold AI for FREE
Stocks & Indices
Polaris Inc. has the following listings and related stock indices.
Stock: NYSE: PII wb_incandescent
Stock: FSX: PL6 wb_incandescent
Product & Services
SnowmobilesAll-terrain vehiclesMotorcyclesMoto-RoadstersCommercial vehicles Ultra-Light Tactical VehiclesParts, Garments and Accessories
Key People
Founder(s): Edgar Hetteen Allen Hetteen David Johnson
Michael Scott (CEO)
Financials
Revenue: US$6.782 billion (2019)
Operating income: US$483.6 million (2019)
Net income: US$323.9 million (2019)
Total assets: US$4.430 billion (2019)
Total equity: US$1.108 billion (2019)