Polaris Inc. (PII)

Solvency & Capital Structure

Total Debt

$1.95B

Net Debt

$1.65B

Polaris Inc. currently has $1.95B in total debt. Net debt is $1.65B after cash offsets.

Financial Fundamentals

PII • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	1.95	0.30	1.65	5.20	37.5%
2026-03-31	2.21	0.28	1.92	5.24	42.1%
2025-12-31	1.54	0.14	1.40	4.89	31.5%
2025-09-30	1.95	0.34	1.61	5.31	36.7%
2025-06-30	1.95	0.32	1.63	5.39	36.2%
2025-03-31	2.18	0.29	1.89	5.45	40.0%
2024-12-31	2.20	0.29	1.91	5.53	39.8%
2024-09-30	2.31	0.29	2.02	5.63	41.1%
2024-06-30	2.28	0.32	1.96	5.71	40.0%
2024-03-31	2.21	0.32	1.89	5.57	39.7%
2023-12-31	2.05	0.37	1.69	5.52	37.2%
2023-09-30	2.34	0.30	2.05	5.73	40.8%
2023-06-30	2.18	0.34	1.84	5.47	39.9%
2023-03-31	2.22	0.32	1.89	5.29	41.9%
2022-12-31	2.17	0.32	1.84	5.22	41.6%
2022-09-30	2.24	0.32	1.92	5.09	44.0%
2022-06-30	2.13	0.31	1.82	5.24	40.7%
2022-03-31	2.14	0.38	1.76	5.13	41.7%
2021-12-31	1.89	0.50	1.39	5.05	37.5%
2021-09-30	1.69	0.32	1.37	4.87	34.7%
2021-06-30	1.46	0.29	1.17	4.53	32.2%
2021-03-31	1.55	0.43	1.12	4.51	34.4%
2020-12-31	1.58	0.63	0.94	4.63	34.1%
2020-09-30	1.97	0.82	1.15	4.78	41.2%
2020-06-30	2.04	0.54	1.49	4.31	47.2%
2020-03-31	2.28	0.42	1.85	4.76	47.8%
2019-12-31	1.81	0.16	1.65	4.43	40.8%
2019-09-30	1.89	0.12	1.77	4.53	41.8%
2019-06-30	2.01	0.10	1.91	4.36	46.0%
2019-03-31	2.22	0.15	2.06	4.41	50.3%
2018-12-31	1.96	0.16	1.80	4.12	47.6%
2018-09-30	1.86	0.18	1.68	4.15	44.9%
2018-06-30	1.11	0.18	0.93	3.24	34.3%
2018-03-31	1.03	0.17	0.86	3.22	32.0%
2017-12-31	0.91	0.14	0.77	3.09	29.6%
2017-09-30	0.92	0.13	0.79	3.13	29.4%
2017-06-30	1.07	0.13	0.94	3.11	34.3%
2017-03-31	1.18	0.14	1.04	3.14	37.6%
2016-12-31	1.14	0.13	1.01	3.10	36.8%
2016-09-30	0.44	0.12	0.31	2.47	17.7%
2016-06-30	0.47	0.15	0.32	2.40	19.5%
2016-03-31	0.53	0.15	0.39	2.38	22.4%
2015-12-31	0.46	0.16	0.31	2.39	19.3%
2015-09-30	0.32	0.23	0.09	2.31	13.7%
2015-06-30	0.40	0.12	0.28	2.18	18.5%
2015-03-31	0.33	0.11	0.22	2.08	15.8%
2014-12-31	0.23	0.14	0.09	2.07	11.0%
2014-09-30	0.23	0.17	0.06	2.01	11.4%
2014-06-30	0.37	0.12	0.25	1.92	19.2%
2014-03-31	0.33	0.10	0.23	1.76	18.8%
2013-12-31	0.29	0.09	0.20	1.69	17.1%
2013-09-30	0.11	0.39	-0.28Net Cash	1.92	5.6%
2013-06-30	0.11	0.22	-0.11Net Cash	1.61	6.7%
2013-03-31	0.11	0.38	-0.27Net Cash	1.50	7.1%
2012-12-31	0.11	0.42	-0.31Net Cash	1.49	7.2%
2012-09-30	0.11	0.41	-0.31Net Cash	1.47	7.3%
2012-06-30	0.11	0.29	-0.18Net Cash	1.28	8.4%
2012-03-31	0.11	0.29	-0.18Net Cash	1.22	8.8%
2011-12-31	0.11	0.33	-0.22Net Cash	1.23	8.7%
2011-09-30	0.10	0.34	-0.24Net Cash	1.20	8.3%
2011-06-30	0.10	0.26	-0.16Net Cash	1.09	9.2%
2011-03-31	0.21	0.35	-0.14Net Cash	1.06	19.5%
2010-12-31	0.20	0.39	-0.19Net Cash	1.06	18.8%
2010-09-30	0.20	0.26	-0.06Net Cash	0.97	21.0%
2010-06-30	0.21	0.17	0.04	0.82	25.0%
2010-03-31	0.20	0.12	0.08	0.74	27.0%
2009-12-31	0.20	0.14	0.06	0.76	26.2%
2009-09-30	0.20	0.07	0.13	0.76	26.3%
2009-06-30	0.25	0.03	0.22	0.69	36.2%
2009-03-31	0.24	0.02	0.23	0.71	34.3%
2008-12-31	0.20	0.03	0.17	0.75	26.6%
2008-09-30	0.22	0.04	0.18	0.80	27.4%
2008-06-30	0.26	0.02	0.24	0.79	33.2%
2008-03-31	0.26	0.02	0.24	0.77	33.8%
2007-12-31	0.20	0.06	0.14	0.77	26.0%
2007-09-30	0.20	0.09	0.11	0.81	24.7%
2007-06-30	0.20	0.03	0.17	0.74	27.0%
2007-03-31	0.24	0.05	0.20	0.73	33.2%
2006-12-31	0.25	0.02	0.23	0.78	32.1%
2006-09-30	0.08	0.01	0.07	0.79	9.9%
2006-06-30	0.09	0.01	0.08	0.76	11.9%
2006-03-31	0.08	0.01	0.07	0.75	10.6%
2005-12-31	0.02	0.02	-0.00Net Cash	0.77	2.3%
2005-09-30	0.02	0.01	0.00	0.79	2.3%
2005-06-30	0.03	0.01	0.02	0.72	4.2%
2005-03-31	0.02	0.04	-0.02Net Cash	0.74	2.4%
2004-12-31	0.02	0.14	-0.12Net Cash	0.79	2.3%
2004-09-30	0.02	0.11	-0.09Net Cash	0.77	2.3%
2004-06-30	0.02	0.04	-0.02Net Cash	0.66	2.7%
2004-03-31	0.03	0.03	-0.00Net Cash	0.63	4.0%
2003-12-31	0.02	0.08	-0.06Net Cash	0.67	2.7%
2003-09-30	0.02	0.04	-0.02Net Cash	0.68	2.7%
2003-06-30	0.05	0.01	0.04	0.62	7.6%
2003-03-31	0.08	0.02	0.06	0.63	12.0%
2002-12-31	0.02	0.08	-0.06Net Cash	0.61	3.0%
2002-09-30	0.02	0.07	-0.05Net Cash	0.61	3.0%
2002-06-30	0.02	0.05	-0.03Net Cash	0.57	3.2%
2002-03-31	0.05	0.04	0.01	0.57	9.0%
2001-12-31	0.02	0.04	-0.02Net Cash	0.57	3.2%
2001-09-30	0.04	0.01	0.03	0.58	6.9%
2001-06-30	0.10	0.00	0.09	0.58	16.5%
2001-03-31	0.11	0.00	0.11	0.58	19.0%
2000-12-31	0.05	0.00	0.04	0.49	9.6%
2000-09-30	0.07	0.01	0.06	0.55	12.8%
2000-06-30	0.09	0.01	0.08	0.50	18.0%
2000-03-31	0.10	0.00	0.10	0.49	19.8%
1999-12-31	0.04	0.01	0.03	0.44	9.0%
1999-09-30	0.05	0.00	0.05	0.47	10.7%
1999-06-30	0.06	0.01	0.05	0.45	13.7%
1999-03-31	0.09	0.00	0.08	0.44	19.9%
1998-12-31	0.02	0.00	0.02	0.38	5.4%
1998-09-30	0.01	0.01	0.00	0.43	3.5%
1998-06-30	0.02	0.01	0.01	0.40	5.0%
1998-03-31	0.05	0.00	0.05	0.38	14.0%
1997-12-31	0.02	0.00	0.02	0.38	6.3%
1997-09-30	0.04	0.01	0.03	0.41	9.7%
1997-06-30	0.05	-0.02	0.07	0.38	12.3%
1997-03-31	0.06	0.01	0.05	0.34	16.2%
1996-12-31	0.04	0.01	0.03	0.35	10.0%
1996-09-30	0.09	0.01	0.08	0.42	20.5%