Polaris (Polaris) Retained Earnings

: $244 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Polaris's retained earnings for the quarter that ended in Dec. 2023 was $244 Mil.

Polaris's quarterly retained earnings increased from Jun. 2023 ($122 Mil) to Sep. 2023 ($191 Mil) and increased from Sep. 2023 ($191 Mil) to Dec. 2023 ($244 Mil).

Polaris's annual retained earnings declined from Dec. 2021 ($157 Mil) to Dec. 2022 ($34 Mil) but then increased from Dec. 2022 ($34 Mil) to Dec. 2023 ($244 Mil).

Polaris Retained Earnings Historical Data

The historical data trend for Polaris's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Polaris Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

287.30

218.40

157.30

33.80

243.50

Polaris Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																33.80	57.30	122.10	190.70	243.50

Polaris Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Polaris (NYSE:PII) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Polaris (Polaris) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polaris Inc (NYSE:PII) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

PII:Mexico PL6:Germany

Address

2100 Highway 55, Medina, MN, USA, 55340

Website

https://www.polaris.com

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, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America at the end of 2022.

Executives

Robert Paul Mack	officer: CFO, EVP-Corp Dev Pres-GAM	2100 HIGHWAY 55, MEDINA MN 55340
Kevin M Farr	director	MATTEL, INC., 333 CONTINENTAL BLVD, M1-1518, EL SEGUNDO CA 90245
Stephen L. Eastman	officer: President - PG&A	2100 HIGHWAY 55, MEDINA MN 55340
Michael T Speetzen	officer: CEO	XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Michael D. Dougherty	officer: President-Motorcycles & Int'l	2100 HIGHWAY 55, MEDINA MN 55340
Dougherty Lucy Clark	officer: SVP-Gen Counsel & Secretary	2100 HIGHWAY 55, MEDINA MN 55340
James P Williams	officer: SVP-CHRO	600 TRAVIS, SUITE 5800, HOUSTON TX 77002
Benjamin D Duke	officer: President-Marine	2100 HIGHWAY 55, MEDINA MN 55340
Kenneth Pucel	officer: EVP, Global Ops & CTO	300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Steven Menneto	officer: President-ORV	2100 HIGHWAY 55, MEDINA MN 55340
Jacob Vogel	officer: President-Boats	2100 HIGHWAY 55, MEDINA MN 55340
Darryl R. Jackson	director	2100 HIGHWAY 55, MEDINA MN 55340
Scott W. Wine	officer: Chief Executive Officer	2100 HIGHWAY 55, MEDINA MN 55340
Christopher Musso	officer: President-ORV	2100 HIGHWAY 55, MEDINA MN 55340
Annette K Clayton	director	11384 BAYBERRY DRIVE, ROMEO MI 48065