Polaris Inc - Company Profile

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Polaris Inc (Polaris), formerly Polaris Industries Inc is a manufacturer of automobiles. The company specializes in designing, engineering and producing off-road vehicles (ORV), which include all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, motorcycles, small vehicles (SV) and snowmobiles. The product portfolio of the company includes side by side vehicles, all-terrain vehicles, snowmobiles, commercial utility vehicles and personal quadricycles. The company also provides related replacement parts, garments and accessories (PG&A). Its services include financing, insurance services and extended service contracts. The company has its operations in the UK, Germany, Australia, Sweden, France, Canada, Brazil, Mexico, China, India and Norway. Polaris is headquartered in Medina, Minnesota, the US

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Headquarters United States of America

Address 2100 Highway 55, Medina, Minnesota, 55340-9770


Telephone 1 763 5420500

No of Employees 18,500

Industry Automotive

Ticker Symbol & Exchange PII (NYSE)

Revenue (2022) $8.9B 4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 12.5% (2022 vs 2021)

Market Cap* $4.9B

Net Profit Margin (2022) XYZ 8.1% (2022 vs 2021)

* As of and is in US$
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Polaris Inc premium industry data and analytics

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Polaris Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Polaris Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
All Terrain Vehicles Aftermarket Arlen
Snowmobile Bennington
Motorcycles Parts, Garments and Accessories: Ness
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Product Recall In February, the company recalled MATRYX Snowmobiles equipped with PATRIOT 650 and PATRIOT 850 engines due to the risk of primary clutch failure.
2023 Product Recall In September, the company recalled Polaris RANGER XP 1000 / XP 1000 Crew and RANGER 1000 / 1000 Crew, Polaris Pro XD Full-Size Diesel Crew, Gravely ATLAS JSV-3400, and Bobcat UV34XL Gas.
2023 New Products/Services In September, the company unveiled an unmanned aerial vehicle (UAV) designed for long-term, quiet operations.
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Competitor Comparison

Key Parameters Polaris Inc Honda Motor Co Ltd Yamaha Motor Co Ltd BRP Inc Harley-Davidson Inc
Headquarters United States of America Japan Japan Canada United States of America
City Medina Minato-Ku Iwata-Shi Valcourt Milwaukee
State/Province Minnesota Tokyo Shizuoka Quebec Wisconsin
No. of Employees 18,500 197,039 53,701 23,000 6,400
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
John P. Wiehoff Chairman Executive Board 2021 61
Michael T. Speetzen Chief Executive Officer; Director Executive Board 2021 53
Robert P. Mack Chief Financial Officer; Executive Vice President - Finance & Corporate Development Senior Management 2021 53
Victor M. Koelsch Chief Digital Officer; Chief Information Officer; Senior Vice President Senior Management 2022 -
Tony J. Kinsman Chief Technology Officer; Vice President - Off Road Engineering Senior Management 2024 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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