Polaris Industries Inc (PII) — Financial Flexibility Index

Latest as of June 2026: 0.06x

Polaris Industries Inc (PII) has a Financial Flexibility Index of 0.06x as of June 2026. Free cash flow of $274.30 Million (operating CF $230.20 Million minus capex $44.10 Million) represents 0% of total liabilities ($4.36 Billion). Check Polaris Industries Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

$274.30 Million
Operating CF − Capex

Total Liabilities

$4.36 Billion
USD

Capital Expenditures

$44.10 Million
USD

Polaris Industries Inc Financial Flexibility Index (1990–2025)

Historical Financial Flexibility Index trend for Polaris Industries Inc across 36 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Polaris Industries Inc.

Annual Financial Flexibility Index for Polaris Industries Inc (1990–2025)

Year-by-year free cash flow to debt coverage for Polaris Industries Inc. Explore how well can Polaris Industries Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.23x $923.90 Million $741.00 Million $4.05 Billion ▲ +82.0%
2024 0.13x $529.90 Million $268.20 Million $4.23 Billion ▼ -61.7%
2023 0.33x $1.34 Billion $925.80 Million $4.10 Billion ▲ +65.0%
2022 0.20x $815.20 Million $508.60 Million $4.12 Billion ▲ +27.8%
2021 0.15x $592.00 Million $293.70 Million $3.82 Billion ▼ -56.2%
2020 0.35x $1.23 Billion $1.02 Billion $3.49 Billion ▲ +29.5%
2019 0.27x $906.41 Million $655.04 Million $3.32 Billion ▲ +26.5%
2018 0.22x $702.53 Million $477.11 Million $3.26 Billion ▼ -39.1%
2017 0.35x $764.37 Million $579.98 Million $2.16 Billion ▲ +1.3%
2016 0.35x $780.92 Million $571.78 Million $2.23 Billion ▼ -28.8%
2015 0.49x $689.72 Million $440.23 Million $1.40 Billion ▼ -18.8%
2014 0.61x $734.35 Million $529.27 Million $1.21 Billion ▼ -6.4%
2013 0.65x $743.64 Million $492.24 Million $1.15 Billion ▼ -0.6%
2012 0.65x $519.20 Million $416.12 Million $798.00 Million ▲ +22.4%
2011 0.53x $387.01 Million $302.53 Million $727.97 Million ▲ +3.9%
2010 0.51x $353.34 Million $297.62 Million $690.66 Million ▲ +20.6%
2009 0.42x $237.13 Million $193.20 Million $559.11 Million ▲ +3.2%
2008 0.41x $252.33 Million $175.75 Million $614.12 Million ▼ -10.5%
2007 0.46x $273.90 Million $210.16 Million $596.90 Million ▲ +41.5%
2006 0.32x $198.26 Million $145.62 Million $611.42 Million ▼ -49.2%
2005 0.64x $251.30 Million $161.53 Million $393.61 Million ▼ -18.0%
2004 0.78x $335.66 Million $246.83 Million $431.19 Million ▲ +26.1%
2003 0.62x $217.20 Million $155.76 Million $351.97 Million ▼ -17.9%
2002 0.75x $249.35 Million $192.77 Million $331.54 Million ▲ +1.2%
2001 0.74x $242.56 Million $188.58 Million $326.38 Million ▲ +24.3%
2000 0.60x $170.72 Million $107.67 Million $285.45 Million ▼ -13.6%
1999 0.69x $189.50 Million $124.40 Million $273.80 Million ▼ -14.7%
1998 0.81x $182.90 Million $121.40 Million $225.50 Million ▲ +25.7%
1997 0.65x $139.10 Million $102.30 Million $215.50 Million ▼ -5.4%
1996 0.68x $134.00 Million $89.10 Million $196.40 Million ▲ +8.6%
1995 0.63x $123.10 Million $76.40 Million $195.90 Million ▼ -29.6%
1994 0.89x $144.20 Million $111.70 Million $161.50 Million ▼ -10.2%
1993 0.99x $97.40 Million $79.30 Million $98.00 Million ▲ +1.6%
1992 0.98x $67.60 Million $55.30 Million $69.10 Million ▼ -17.8%
1991 1.19x $62.60 Million $46.60 Million $52.60 Million ▼ -10.5%
1990 1.33x $62.00 Million $54.80 Million $46.60 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities