Capital Expenditures for Polaris (PII)
According to Polaris's latest reported financial statements, the company's current capital expenditures (TTM) is $177.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PII
Currently viewingCapital ExpendituresSwitch metric
Latest period
$177.00M
YoY change
-30.1%
5Y CAGR
-3.1%
Peak year (2023)
$412.60M
Cumulative capital expenditures
$4.49B
CapEx history chart for Polaris (PII) from 1990 to 2025
CapEx history table for Polaris (PII) from 1990 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $182.90M | -30.1% | ||
| 2024 | $261.70M | -36.6% | ||
| 2023 | $412.60M | +34.6% | ||
| 2022 | $306.60M | +2.8% | ||
| 2021 | $298.30M | +39.5% | ||
| 2020 | $213.90M | -14.9% | ||
| 2019 | $251.37M | +11.5% | ||
| 2018 | $225.41M | +22.2% | ||
| 2017 | $184.39M | -11.8% | ||
| 2016 | $209.14M | -16.2% | ||
| 2015 | $249.49M | +21.7% | ||
| 2014 | $205.08M | -18.4% | ||
| 2013 | $251.40M | +143.9% | ||
| 2012 | $103.08M | +22.0% | ||
| 2011 | $84.48M | +51.6% | ||
| 2010 | $55.72M | +26.8% | ||
| 2009 | $43.93M | -42.6% | ||
| 2008 | $76.58M | +20.1% | ||
| 2007 | $63.75M | +21.1% | ||
| 2006 | $52.64M | -41.4% | ||
| 2005 | $89.77M | +1.1% | ||
| 2004 | $88.84M | +44.6% | ||
| 2003 | $61.44M | +8.6% | ||
| 2002 | $56.58M | +4.8% | ||
| 2001 | $53.98M | -14.4% | ||
| 2000 | $63.06M | -3.1% | ||
| 1999 | $65.10M | +5.9% | ||
| 1998 | $61.50M | +67.1% | ||
| 1997 | $36.80M | -18.0% | ||
| 1996 | $44.90M | -3.9% | ||
| 1995 | $46.70M | +43.7% | ||
| 1994 | $32.50M | +79.6% | ||
| 1993 | $18.10M | +47.2% | ||
| 1992 | $12.30M | -23.1% | ||
| 1991 | $16.00M | +122.2% | ||
| 1990 | $7.20M | — |
CapEx values are taken from Polaris's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual capital expenditures for Polaris (PII) came in at $182.90M – plunged 30.1% year-over-year.
Polaris capital expenditures compound annual growth for the 2020–2025 (5 years) window is -3.1%, with a net decline across the window.
Polaris capital expenditures plunged from $412.60M in 2023 to $182.90M in 2025, a 55.7% drawdown.
2023 marks the peak capital expenditures at $412.60M, with the historical low of $7.20M recorded in 1990.
Within Consumer Cyclical, Polaris (PII) ranks 8th among 8 peers we track. The peer median for capital expenditures is $3.52B.
Polaris Capital Expenditures by Year
Polaris Capital Expenditures 2025: $182.90M
Polaris capital expenditures in 2025 was $182.90M, plunged 30.1% below 2024.
Polaris Capital Expenditures 2024: $261.70M
Polaris capital expenditures in 2024 was $261.70M, plunged 36.6% below 2023.
Polaris Capital Expenditures 2023: $412.60M
Polaris capital expenditures in 2023 was $412.60M, surged 34.6% from 2022. This figure represents the highest annual value in the available history.
Polaris Capital Expenditures 2022: $306.60M
Polaris capital expenditures in 2022 was $306.60M, edged up 2.8% from 2021.
Polaris Capital Expenditures 2021: $298.30M
Polaris capital expenditures in 2021 was $298.30M.
See more financial history for Polaris (PII).
Sector peers — CapEx
Companies in the same sector as Polaris, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is Polaris's capital expenditures?
- Latest reported capital expenditures for Polaris (PII) is $177.00M (period ending March 31, 2026).
How has Polaris capital expenditures changed year-over-year?
- Polaris (PII) capital expenditures changed -30.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Polaris capital expenditures?
- Polaris (PII) capital expenditures compound annual growth rate is -3.1% over the most recent 5 years available.
When did Polaris capital expenditures hit its highest annual value?
- Polaris capital expenditures reached its highest annual value of $412.60M in 2023.
What was Polaris capital expenditures in 2024?
- Polaris (PII) capital expenditures in 2024 was $261.70M.
What was Polaris capital expenditures in 2025?
- Polaris (PII) capital expenditures in 2025 was $182.90M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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