Allies Against Slavery released its 2026 State Human Trafficking Report revealing significant geographic disparities in anti-trafficking protections across the U.S. While 772 trafficking-related policies have been enacted since 2003, implementation varies dramatically—Florida and Texas have adopted 22 of 25 core policies while six states have enacted fewer than half. Federal prosecutions remain heavily skewed toward child sex trafficking cases, and sentencing laws vary from no mandatory minimums to 20-year requirements, creating unequal justice outcomes.
Polaris Inc. (PII)
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to pontoon and deck boat users. It is slated to divest its Indian motorcycle brand to Carolwood in the first quarter of 2026. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
Company Info
Highlights
Related Tickers
Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Polaris Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Polaris Inc. (PII) has returned -14.88% so far this year and 54.36% over the past 12 months. Looking at the last ten years, PII has achieved an annualized return of -5.84%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
PII
Benchmark (SPY)
Monthly Returns
The table below presents the monthly returns of Polaris Inc. (PII) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.55% | -5.39% | -6.84% | -1.28% | ||||||||
| 2025 | -18.07% | -2.24% | -8.64% | -17.23% | 15.32% | 5.72% | 30.93% | 7.59% | 6.06% | 11.07% | 1.45% | -2.68% |
| 2024 | -4.43% | 1.98% | 7.37% | -14.94% | -1.65% | -6.57% | 6.24% | 1.84% | -0.37% | -15.49% | -1.67% | -15.60% |
| 2023 | 12.38% | -1.09% | -2.71% | -1.54% | -1.09% | 12.49% | 12.57% | -16.78% | -7.84% | -16.90% | -3.80% | 14.94% |
| 2022 | 1.99% | 8.12% | -12.96% | -10.31% | 12.51% | -7.58% | 18.14% | -2.82% | -14.95% | 5.02% | 10.86% | -11.76% |
| 2021 | 21.34% | 0.09% | 11.18% | 3.99% | -7.60% | 3.76% | -0.70% | -8.78% | -0.10% | -4.58% | -4.53% | -3.87% |
| 2020 | -10.76% | -10.95% | -41.96% | 53.13% | 27.21% | 5.12% | 11.59% | -2.69% | -5.90% | -5.01% | 4.81% | -1.74% |
| 2019 | 10.37% | 1.43% | -2.34% | 13.03% | -17.63% | 14.15% | 2.11% | -13.04% | 8.65% | 11.42% | -2.30% | 3.84% |
| 2018 | -9.33% | 1.97% | -0.01% | -8.29% | 7.54% | 8.37% | -13.10% | 1.13% | -7.05% | -12.54% | 8.59% | -22.55% |
| 2017 | 1.40% | 0.74% | -2.58% | 1.37% | -2.22% | 10.26% | -3.43% | 3.83% | 12.00% | 13.54% | 6.95% | -2.15% |
| 2016 | 0.35% | -13.24% | -3.08% | 22.15% | -12.27% | -10.39% | -0.71% | 13.10% | -5.75% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Polaris Inc. (PII) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of PII compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Polaris Inc. volatility is 2.61%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 4.89B | 5.53B | 5.52B | 5.22B | 5.05B | 4.63B | 4.43B | 4.12B | 3.09B | 3.10B | 2.39B | 2.07B | 1.69B | 1.49B | 1.23B | 1.06B |
| Temporary Equity (USD) | 6.70M | 6.40M | 10.30M | 12.60M | 11.20M | 12.30M | 13.60M | 6.84M | 11.72M | 8.73M | 9.65M | 13.53M | - | - | - | - |
| Equity Attributable To Parent (USD) | 828.40M | 1.29B | 1.42B | 1.10B | 1.22B | 1.14B | 1.11B | 867.02M | 931.66M | 867.04M | 981.48M | 861.27M | 535.61M | 690.53M | 500.06M | 370.99M |
| Equity Attributable To Noncontrolling Interest (USD) | 4.50M | 4.20M | 2.40M | 2.50M | 2.00M | 300.00K | 203.00K | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 832.90M | 1.29B | 1.42B | 1.10B | 1.23B | 1.14B | 1.11B | 867.02M | 931.66M | 867.04M | 981.48M | 861.27M | 535.61M | 690.53M | 500.06M | 370.99M |
| Other Non-current Liabilities (USD) | 300.40M | - | 293.20M | - | - | 221.20M | 180.56M | 191.06M | 132.91M | 151.94M | 143.85M | 149.33M | 112.89M | 64.93M | - | - |
| Long-term Debt (USD) | 1.51B | 2.03B | 1.86B | 1.99B | 1.73B | 1.37B | 1.60B | 1.86B | 883.00M | 1.11B | 425.71M | 200.00M | 280.50M | 100.00M | - | - |
| Noncurrent Liabilities (USD) | 1.81B | 1.93B | 2.15B | 1.78B | 1.58B | 1.59B | 1.78B | 2.05B | 1.02B | 1.26B | 569.56M | 349.33M | 393.39M | 164.93M | 112.44M | 106.45M |
| Other Current Liabilities (USD) | 1.48B | 1.73B | 1.22B | 1.48B | 1.43B | 1.11B | 1.08B | 851.08M | 812.93M | 686.01M | 527.12M | 507.34M | 510.03M | 461.99M | 468.79M | 470.96M |
| Accounts Payable (USD) | 762.50M | 562.80M | 713.10M | 847.60M | 797.40M | 782.20M | 450.23M | 346.29M | 317.38M | 273.74M | 299.66M | 343.47M | 238.04M | 169.04M | 146.74M | 113.25M |
| Current Liabilities (USD) | 2.24B | 2.29B | 1.93B | 2.33B | 2.23B | 1.89B | 1.53B | 1.20B | 1.13B | 959.75M | 826.78M | 850.81M | 748.07M | 631.03M | 615.53M | 584.21M |
| Liabilities (USD) | 4.05B | 4.22B | 4.09B | 4.10B | 3.81B | 3.48B | 3.31B | 3.25B | 2.15B | 2.22B | 1.40B | 1.20B | 1.14B | 795.96M | 727.97M | 690.66M |
| Other Non-current Assets (USD) | 1.21B | 1.16B | 1.11B | 907.50M | 867.20M | 850.00M | 1.07B | 925.57M | 741.69M | 809.60M | 476.96M | 322.02M | 261.61M | 164.39M | 102.52M | 69.49M |
| Intangible Assets (USD) | 451.20M | 542.70M | 512.00M | 524.40M | 646.20M | 686.40M | 830.30M | 870.52M | 347.21M | 371.42M | 105.10M | 100.94M | 103.01M | 50.89M | 33.05M | - |
| Fixed Assets (USD) | 1.03B | 1.19B | 1.20B | 1.02B | 975.40M | 888.80M | 899.81M | 843.12M | 747.19M | 727.60M | 650.68M | 555.43M | 455.17M | 253.37M | 213.78M | 184.01M |
| Noncurrent Assets (USD) | 2.69B | 2.89B | 2.82B | 2.45B | 2.49B | 2.43B | 2.80B | 2.64B | 1.84B | 1.91B | 1.23B | 978.38M | 819.79M | 468.65M | 349.35M | 253.50M |
| Other Current Assets (USD) | 794.20M | 890.90M | 881.20M | 871.50M | 914.20M | 1.03B | 505.85M | 516.19M | 469.54M | 444.46M | 444.72M | 530.87M | 447.75M | 672.85M | 580.63M | 572.22M |
| Inventory (USD) | 1.41B | 1.74B | 1.81B | 1.90B | 1.64B | 1.18B | 1.12B | 969.51M | 783.96M | 746.53M | 710.00M | 565.69M | 417.95M | 345.00M | 298.04M | 235.93M |
| Current Assets (USD) | 2.21B | 2.63B | 2.69B | 2.77B | 2.56B | 2.21B | 1.63B | 1.49B | 1.25B | 1.19B | 1.15B | 1.10B | 865.70M | 1.02B | 878.68M | 808.15M |
| Assets (USD) | 4.89B | 5.53B | 5.52B | 5.22B | 5.05B | 4.63B | 4.43B | 4.12B | 3.09B | 3.10B | 2.39B | 2.07B | 1.69B | 1.49B | 1.23B | 1.06B |
News and Insights

Polaris Inc. announced a 2% increase in its regular quarterly cash dividend to $0.68 per share, marking the 31st consecutive year of dividend increases. The first quarter dividend will be payable on March 16, 2026 to shareholders of record as of March 2, 2026.
The global UTV parts and accessories market is experiencing robust growth, expanding from $7.67 billion in 2024 to $8.3 billion in 2025, with projections reaching $11.23 billion by 2029 at a 7.8% CAGR. Growth is driven by increased off-road recreational activities, demand for high-performance customizable vehicles, electric drivetrain advancements, and e-commerce expansion. However, trade tensions and tariff increases are pressuring manufacturers' margins and prompting shifts toward local suppliers.

Polaris Inc. announced a quarterly cash dividend of $0.67 per share, payable on December 15, 2025, to shareholders of record as of December 1, 2025.
The global electric power sports market is projected to grow from USD 11.94 billion in 2026 to USD 17.96 billion by 2034, with a 5.24% CAGR. North America currently leads the market, with Asia-Pacific expected to see the fastest growth, driven by increasing demand for eco-friendly recreational vehicles and technological advancements.
Offroad Arctic, backed by Red Dot, introduces the first aftermarket under-dash air conditioning system for UTVs and side-by-sides, offering up to 30% more cooling power and designed for extreme environments.

Polaris announced the separation of its Indian Motorcycle business by selling a majority stake to private equity firm Carolwood, expecting to improve earnings and focus on stronger growth potential areas.

U.S. stock futures declined ahead of major bank earnings reports, with potential interest rate cuts and ongoing government shutdown concerns impacting market sentiment. Key financial institutions like Goldman Sachs, JPMorgan, and Citigroup are set to report quarterly results.
IPRS and Notified are hosting a panel discussion on AI's impact on public relations, featuring industry leaders exploring how artificial intelligence transforms data into meaningful communication strategies.

Despite recent challenges, Ford and Polaris offer high-dividend yields and potential future growth through strategic innovations in electric vehicles and powersports industries.