Polaris Industries Inc (PII) — Tangible Net Worth Ratio

Latest as of December 2025: 4.7%

Polaris Industries Inc (PII) has a Tangible Net Worth Ratio of 4.7% as of December 2025. This metric is calculated by deducting intangible assets ($800.00 Million) from net assets ($839.60 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Polaris Industries Inc (PII) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

4.7%
Tangible equity / total equity

Net Assets (Equity)

$839.60 Million
USD

Intangible Assets

$800.00 Million
Goodwill, patents, brand value

Total Assets

$4.89 Billion
USD

Polaris Industries Inc Tangible Net Worth Ratio (1987–2025)

This chart shows how Polaris Industries Inc's Tangible Net Worth Ratio has changed across 39 annual periods from 1987 to 2025. As of December 2025, the ratio stands at 4.7%, reflecting net assets of $839.60 Million with intangible assets of $800.00 Million USD. See how many days can Polaris Industries Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Polaris Industries Inc (1987–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Polaris Industries Inc from 1987 to 2025, covering 39 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Polaris Industries Inc (PII) total market value.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 4.7% $839.60 Million $800.00 Million $4.89 Billion ▼ -53.3 pp
2024 58.1% $1.29 Billion $542.70 Million $5.53 Billion ▼ -5.9 pp
2023 64.0% $1.42 Billion $512.00 Million $5.52 Billion ▲ +11.6 pp
2022 52.4% $1.10 Billion $524.40 Million $5.22 Billion ▼ -3.3 pp
2021 55.6% $1.23 Billion $543.90 Million $5.05 Billion ▲ +15.6 pp
2020 40.0% $1.14 Billion $686.40 Million $4.63 Billion ▲ +15.0 pp
2019 25.1% $1.11 Billion $830.30 Million $4.43 Billion ▲ +25.5 pp
2018 -0.4% $867.01 Million $870.52 Million $4.12 Billion ▼ -63.1 pp
2017 62.7% $931.66 Million $347.21 Million $3.09 Billion ▲ +5.6 pp
2016 57.2% $867.04 Million $371.42 Million $3.10 Billion ▼ -32.1 pp
2015 89.3% $981.48 Million $105.10 Million $2.39 Billion ▲ +1.0 pp
2014 88.3% $861.27 Million $100.94 Million $2.07 Billion ▲ +7.5 pp
2013 80.8% $535.61 Million $103.01 Million $1.69 Billion ▼ -11.9 pp
2012 92.6% $690.53 Million $50.89 Million $1.49 Billion ▼ -0.8 pp
2011 93.4% $500.06 Million $33.05 Million $1.23 Billion ▼ -5.8 pp
2010 99.2% $370.99 Million $2.96 Million $1.06 Billion ▲ +11.8 pp
2009 87.4% $204.54 Million $25.87 Million $763.65 Million ▲ +5.4 pp
2008 82.0% $137.03 Million $24.69 Million $751.15 Million ▼ -18.0 pp
2007 100.0% $172.98 Million $44.00K $769.88 Million ▲ +0.1 pp
2006 99.9% $167.37 Million $132.00K $778.79 Million ▼ 0.0 pp
2005 99.9% $377.02 Million $220.00K $770.63 Million ▲ +7.7 pp
2004 92.3% $361.73 Million $27.98 Million $792.92 Million ▲ +0.9 pp
2003 91.3% $319.38 Million $27.64 Million $671.35 Million ▲ +1.4 pp
2002 90.0% $277.11 Million $27.78 Million $608.65 Million ▲ +1.4 pp
2001 88.6% $238.78 Million $27.20 Million $565.16 Million ▲ +0.6 pp
2000 88.0% $204.73 Million $24.56 Million $490.19 Million ▲ +1.1 pp
1999 86.9% $168.20 Million $22.10 Million $442.00 Million ▲ +1.9 pp
1998 85.0% $153.20 Million $23.00 Million $378.70 Million ▼ -1.1 pp
1997 86.1% $169.20 Million $23.50 Million $384.70 Million ▲ +1.8 pp
1996 84.3% $155.30 Million $24.40 Million $351.70 Million ▲ +5.6 pp
1995 78.7% $118.50 Million $25.20 Million $314.40 Million ▼ -5.9 pp
1994 84.7% $169.70 Million $26.00 Million $331.20 Million ▲ +22.4 pp
1993 62.3% $82.50 Million $31.10 Million $180.50 Million ▼ -3.5 pp
1992 65.9% $77.60 Million $26.50 Million $146.70 Million ▼ -1.2 pp
1991 67.1% $82.90 Million $27.30 Million $135.50 Million ▼ -2.4 pp
1990 69.5% $92.10 Million $28.10 Million $138.70 Million ▲ +31.0 pp
1989 38.5% $98.80 Million $60.80 Million $137.60 Million ▲ +8.6 pp
1988 29.9% $97.40 Million $68.30 Million $118.10 Million ▲ +7.6 pp
1987 22.3% $98.60 Million $76.60 Million $116.10 Million
pp = percentage points