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). See PII working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
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 debt repayment capacity of Polaris Industries Inc to assess how comfortably operating cash covers total debt obligations.
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 (PII) 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 | — |