About Polaris Industries
Polaris Industries is a company based in Medina (United States) founded in 1954 by Edgar Hetteen and Allan Hetteen.. The company has 15,000 employees as of December 31, 2024. Polaris Industries has completed 12 acquisitions, including Aimedic MMT, Aixam and Boating Industry. Polaris Industries operates in a competitive market with competitors including Ellwee, LIVAQ, RINDEV, E-Z-GO and ODES Industries, among others.
- Headquarter Medina, United States
- Employees 15000 as on 31 Dec, 2024
- Founders Edgar Hetteen, Allan Hetteen
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Polaris Inc.
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Annual Revenue
$7.18 B-19.69as on Dec 31, 2024
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Net Profit
$110.8 M-77.96as on Dec 31, 2024
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EBITDA
$506.7 M-42.95as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
15000
as on Dec 31, 2024
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Investments & Acquisitions
Aimedic MMT
& 11 more
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IPO & Listings of Polaris Industries
Polaris Industries is a publicly listed company on the NYSE with ticker symbol PII in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
184 people
Sales and Marketing
63 people
Leadership Team
58 people
Finance and Accounting
45 people
Senior Team
42 people
Product Management Team
38 people
Human Resources and Administration
37 people
Creative and Marketing Team
30 people
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Funding Insights of Polaris Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Polaris Industries
Polaris Industries has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Aimedic MMT, Aixam and Boating Industry. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of dealership services for vehicles
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2003 | ||||
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Multicategory helmets are manufactured and branded by Ride 509.
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2003 | ||||
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Women's and men's shoes and fashion accessories are retailed.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Polaris Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Polaris Industries Comparisons
Competitors of Polaris Industries
Polaris Industries operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ellwee, LIVAQ, RINDEV, E-Z-GO and ODES Industries, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Electric all-terrain vehicles are manufactured by Ellwee in Sweden.
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| domain | founded_year | HQ Location |
Electric ATVs with lithium-ion batteries and app integration are manufactured.
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| domain | founded_year | HQ Location |
AI-enabled all-terrain electric vehicles are developed for recreational uses.
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| domain | founded_year | HQ Location |
Produces electric golf carts and personal transportation for golf and daily activities.
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| domain | founded_year | HQ Location |
Produces high-quality ATV products, focusing on innovation and reliability.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Polaris Industries
Frequently Asked Questions about Polaris Industries
When was Polaris Industries founded?
Polaris Industries was founded in 1954.
Where is Polaris Industries located?
Polaris Industries is headquartered in Medina, United States.
Who is the current CEO of Polaris Industries?
Michael T Speetzen is the current CEO of Polaris Industries.
How many employees does Polaris Industries have?
As of Dec 31, 2024, the latest employee count at Polaris Industries is 15,000.
What is the annual revenue of Polaris Industries?
Annual revenue of Polaris Industries is $7.18B as on Dec 31, 2024.
What does Polaris Industries do?
Polaris Industries was founded in 1954 in Medina, United States, and operates within the automotive sector. Off-road vehicles such as all-terrain vehicles, side-by-side models like RANGER and RZR, snowmobiles, motorcycles, and on-road electric or hybrid vehicles are designed, engineered, manufactured, and marketed by the company. Annual revenues of 8.98 billion and net profit of 0.44 billion were reported for 2022.
Who are the top competitors of Polaris Industries?
Is Polaris Industries publicly traded?
Yes, Polaris Industries is publicly traded on NYSE under the ticker symbol PII.
How many acquisitions has Polaris Industries made?
Polaris Industries has made 12 acquisitions, including Aimedic MMT, Aixam, and Boating Industry.
What is Polaris Industries's ticker symbol?
The ticker symbol of Polaris Industries is PII on NYSE.
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