Latest period
$181M
YoY change
-30.1%
5Y CAGR
-3.1%
Peak year (FY2023)
$413M
Cumulative CapEx
$4.56B
CapEx history chart for Polaris (PII) from 2016 to 2025
Latest: $183M
CapEx growth chart for Polaris (PII) from 2016 to 2025
Latest: -30.1%
CapEx history table for Polaris (PII) from 1990 to 2025
| FY2025 | $183M | -30.1% | -$78.8M | ||
| FY2024 | $262M | -36.6% | -$151M | ||
| FY2023 | $413M | +34.6% | +$106M | ||
| FY2022 | $307M | +2.8% | +$8.3M | ||
| FY2021 | $298M | +39.5% | +$84.4M | ||
| FY2020 | $214M | -14.9% | -$37.5M | ||
| FY2019 | $251M | +11.5% | +$26M | ||
| FY2018 | $225M | +22.2% | +$41M | ||
| FY2017 | $184M | -11.8% | -$24.7M | ||
| FY2016 | $209M | -16.2% | -$40.3M | ||
| FY2015 | $249M | +21.7% | +$44.4M | ||
| FY2014 | $205M | -18.4% | -$46.3M | ||
| FY2013 | $251M | +143.9% | +$148M | ||
| FY2012 | $103M | +22.0% | +$18.6M | ||
| FY2011 | $84.5M | +51.6% | +$28.8M | ||
| FY2010 | $55.7M | +26.8% | +$11.8M | ||
| FY2009 | $43.9M | -42.6% | -$32.6M | ||
| FY2008 | $76.6M | +20.1% | +$12.8M | ||
| FY2007 | $63.7M | +21.1% | +$11.1M | ||
| FY2006 | $52.6M | -41.4% | -$37.1M | ||
| FY2005 | $89.8M | +1.1% | +$934K | ||
| FY2004 | $88.8M | +44.6% | +$27.4M | ||
| FY2003 | $61.4M | +8.6% | +$4.86M | ||
| FY2002 | $56.6M | +4.8% | +$2.59M | ||
| FY2001 | $54M | -14.4% | -$9.07M | ||
| FY2000 | $63.1M | -3.1% | -$2.04M | ||
| FY1999 | $65.1M | +5.9% | +$3.6M | ||
| FY1998 | $61.5M | +67.1% | +$24.7M | ||
| FY1997 | $36.8M | -18.0% | -$8.1M | ||
| FY1996 | $44.9M | -3.9% | -$1.8M | ||
| FY1995 | $46.7M | +43.7% | +$14.2M | ||
| FY1994 | $32.5M | +79.6% | +$14.4M | ||
| FY1993 | $18.1M | +47.2% | +$5.8M | ||
| FY1992 | $12.3M | -23.1% | -$3.7M | ||
| FY1991 | $16M | +122.2% | +$8.8M | ||
| FY1990 | $7.2M | — | — |
- FY2025$183M-30.1%
- FY2024$262M-36.6%
- FY2023$413M+34.6%
- FY2022$307M+2.8%
- FY2021$298M+39.5%
- FY2020$214M-14.9%
- FY2019$251M+11.5%
- FY2018$225M+22.2%
- FY2017$184M-11.8%
- FY2016$209M-16.2%
- FY2015$249M+21.7%
- FY2014$205M-18.4%
- FY2013$251M+143.9%
- FY2012$103M+22.0%
- FY2011$84.5M+51.6%
- FY2010$55.7M+26.8%
- FY2009$43.9M-42.6%
- FY2008$76.6M+20.1%
- FY2007$63.7M+21.1%
- FY2006$52.6M-41.4%
- FY2005$89.8M+1.1%
- FY2004$88.8M+44.6%
- FY2003$61.4M+8.6%
- FY2002$56.6M+4.8%
- FY2001$54M-14.4%
- FY2000$63.1M-3.1%
- FY1999$65.1M+5.9%
- FY1998$61.5M+67.1%
- FY1997$36.8M-18.0%
- FY1996$44.9M-3.9%
- FY1995$46.7M+43.7%
- FY1994$32.5M+79.6%
- FY1993$18.1M+47.2%
- FY1992$12.3M-23.1%
- FY1991$16M+122.2%
- FY1990$7.2M—
CapEx values are taken from Polaris's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Polaris (PII)
According to Polaris's latest reported financial statements, the company's current CapEx (TTM) is $181M. 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 .
2025's annual CapEx for Polaris (PII) came in at $183M – plunged 30.1% year-over-year.
Polaris CapEx compound annual growth for the 2020–2025 (5 years) window is -3.1%, with a net decline across the window.
Polaris CapEx plunged from $413M in 2023 to $183M in 2025, a 55.7% drawdown.
2023 marks the peak CapEx at $413M, with the historical low of $7.2M recorded in 1990.
Polaris Capital Expenditures by Year
Polaris Capital Expenditures 2025: $183M
Polaris posted CapEx of $183M in 2025, plunged 30.1% below 2024.
Polaris Capital Expenditures 2024: $262M
In 2024, Polaris reported CapEx of $262M, plunged 36.6% below 2023.
Polaris Capital Expenditures 2023: $413M
Polaris CapEx in 2023 was $413M, surged 34.6% from 2022. This figure represents the highest annual value in the available history.
Polaris Capital Expenditures 2022: $307M
2022's CapEx for Polaris came in at $307M, edged up 2.8% from 2021.
Polaris Capital Expenditures 2021: $298M
Polaris CapEx in 2021 was $298M.
See more financial history for Polaris (PII).
Sector peers by CapEx
Consumer Cyclical peers of Polaris (PII), ranked by their latest CapEx
| $132B | |
| $18.3B | |
| $8.53B | |
| $3.68B | |
| $3.37B | |
| $1.96B | |
| $322M | |
| $162M |
- $132B
- $18.3B
- $8.53B
- $3.68B
- $3.37B
- $1.96B
- $162M
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- Buybacks0.24% TTM
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- Stock Split History4 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.