Polaris Industries Inc (PII) — Free Cash Flow Generation Index
Polaris Industries Inc (PII) has a Free Cash Flow Generation Index of 0.64x as of December 2025. Free cash flow of $114.00 Million represents 1% of operating cash flow ($178.70 Million). Read PII total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Polaris Industries Inc Free Cash Flow Generation Index (1990–2025)
Historical FCF Generation Index trend for Polaris Industries Inc across 36 annual periods. Explore Polaris Industries Inc (PII) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Polaris Industries Inc (1990–2025)
Year-by-year Free Cash Flow Generation Index for Polaris Industries Inc. For the full company profile including market capitalisation, see Polaris Industries Inc market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.75x | $558.10 Million | $741.00 Million | $182.90 Million | ▲ +3007.7% |
| 2024 | 0.02x | $6.50 Million | $268.20 Million | $261.70 Million | ▼ -95.6% |
| 2023 | 0.55x | $513.20 Million | $925.80 Million | $412.60 Million | ▲ +39.6% |
| 2022 | 0.40x | $202.00 Million | $508.60 Million | $306.60 Million | ▲ +2635.8% |
| 2021 | -0.02x | $-4.60 Million | $293.70 Million | $298.30 Million | ▼ -102.0% |
| 2020 | 0.79x | $804.70 Million | $1.02 Billion | $213.90 Million | ▲ +28.2% |
| 2019 | 0.62x | $403.66 Million | $655.04 Million | $251.37 Million | ▲ +16.8% |
| 2018 | 0.53x | $251.70 Million | $477.11 Million | $225.41 Million | ▼ -22.7% |
| 2017 | 0.68x | $395.59 Million | $579.98 Million | $184.39 Million | ▲ +7.5% |
| 2016 | 0.63x | $362.65 Million | $571.78 Million | $209.14 Million | ▲ +46.4% |
| 2015 | 0.43x | $190.75 Million | $440.23 Million | $249.49 Million | ▼ -29.3% |
| 2014 | 0.61x | $324.19 Million | $529.27 Million | $205.08 Million | ▲ +25.2% |
| 2013 | 0.49x | $240.84 Million | $492.24 Million | $251.40 Million | ▼ -35.0% |
| 2012 | 0.75x | $313.03 Million | $416.12 Million | $103.08 Million | ▲ +4.4% |
| 2011 | 0.72x | $218.05 Million | $302.53 Million | $84.48 Million | ▼ -11.3% |
| 2010 | 0.81x | $241.90 Million | $297.62 Million | $55.72 Million | ▲ +5.2% |
| 2009 | 0.77x | $149.27 Million | $193.20 Million | $43.93 Million | ▲ +36.9% |
| 2008 | 0.56x | $99.18 Million | $175.75 Million | $76.58 Million | ▼ -19.0% |
| 2007 | 0.70x | $146.41 Million | $210.16 Million | $63.75 Million | ▲ +9.1% |
| 2006 | 0.64x | $92.99 Million | $145.62 Million | $52.64 Million | ▲ +43.7% |
| 2005 | 0.44x | $71.76 Million | $161.53 Million | $89.77 Million | ▼ -30.6% |
| 2004 | 0.64x | $157.99 Million | $246.83 Million | $88.84 Million | ▲ +5.7% |
| 2003 | 0.61x | $94.33 Million | $155.76 Million | $61.44 Million | ▼ -14.3% |
| 2002 | 0.71x | $136.20 Million | $192.77 Million | $56.58 Million | ▼ -1.0% |
| 2001 | 0.71x | $134.60 Million | $188.58 Million | $53.98 Million | ▲ +72.3% |
| 2000 | 0.41x | $44.61 Million | $107.67 Million | $63.06 Million | ▼ -13.1% |
| 1999 | 0.48x | $59.30 Million | $124.40 Million | $65.10 Million | ▼ -3.4% |
| 1998 | 0.49x | $59.90 Million | $121.40 Million | $61.50 Million | ▼ -22.9% |
| 1997 | 0.64x | $65.50 Million | $102.30 Million | $36.80 Million | ▲ +29.1% |
| 1996 | 0.50x | $44.20 Million | $89.10 Million | $44.90 Million | ▲ +27.6% |
| 1995 | 0.39x | $29.70 Million | $76.40 Million | $46.70 Million | ▼ -45.2% |
| 1994 | 0.71x | $79.20 Million | $111.70 Million | $32.50 Million | ▼ -8.1% |
| 1993 | 0.77x | $61.20 Million | $79.30 Million | $18.10 Million | ▼ -0.7% |
| 1992 | 0.78x | $43.00 Million | $55.30 Million | $12.30 Million | ▲ +18.4% |
| 1991 | 0.66x | $30.60 Million | $46.60 Million | $16.00 Million | ▼ -24.4% |
| 1990 | 0.87x | $47.60 Million | $54.80 Million | $7.20 Million | — |