Polaris Industries Inc (PII) — Free Cash Flow Generation Index
Polaris Industries Inc (PII) has a Free Cash Flow Generation Index of 0.81x as of June 2026. Free cash flow of $186.10 Million represents 1% of operating cash flow ($230.20 Million). Explore reinvestment intensity of Polaris Industries Inc to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see PII operating cash flow.
Annual Free Cash Flow Generation for Polaris Industries Inc (1990–2025)
Year-by-year Free Cash Flow Generation Index for Polaris Industries Inc. Check cash flow reinvestment rate of Polaris Industries Inc to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |