PII vs. LCII
PII (Polaris Industries Inc.) and LCII (LCI Industries) are both stocks. Both operate in the Recreational Vehicles industry within the Consumer Cyclical sector. Over the past 10 years, PII returned 0.96%/yr vs 5.23%/yr for LCII. At a 0.34 correlation, their price movements are largely independent.
Performance
PII vs. LCII - Performance Comparison
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Returns By Period
In the year-to-date period, PII achieves a 11.17% return, which is significantly higher than LCII's -19.28% return. Over the past 10 years, PII has underperformed LCII with an annualized return of 0.96%, while LCII has yielded a comparatively higher 5.23% annualized return.
PII
- 1D
- 0.79%
- 1M
- 5.17%
- YTD
- 11.17%
- 6M
- 7.00%
- 1Y
- 73.80%
- 3Y*
- -11.48%
- 5Y*
- -8.33%
- 10Y*
- 0.96%
LCII
- 1D
- -10.06%
- 1M
- -13.39%
- YTD
- -19.28%
- 6M
- -14.83%
- 1Y
- 13.04%
- 3Y*
- -1.56%
- 5Y*
- -5.25%
- 10Y*
- 5.23%
PII vs. LCII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PII Polaris Industries Inc. | 11.17% | 15.90% | -37.19% | -3.79% | -6.01% | 17.75% | -3.78% | 36.37% | -36.76% | 54.19% |
LCII LCI Industries | -19.28% | 22.83% | -14.64% | 41.10% | -38.49% | 23.07% | 24.13% | 65.13% | -47.23% | 23.05% |
Correlation
The correlation between PII and LCII is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since May 4, 1989 | 0.34 |
Over the past year, PII and LCII have become more correlated (0.56) than their long-term average of 0.34, meaning their price movements have been converging.
Fundamentals
PII:
$3.95B
LCII:
$2.34B
PII:
-$7.82
LCII:
$7.63
PII:
0.54
LCII:
0.57
PII:
5.27
LCII:
1.72
PII:
$7.27B
LCII:
$4.12B
PII:
$1.43B
LCII:
$980.30M
PII:
-$206.10M
LCII:
$381.13M
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Return for Risk
PII vs. LCII — Risk / Return Rank
PII
LCII
PII vs. LCII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polaris Industries Inc. (PII) and LCI Industries (LCII). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PII | LCII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.10 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 0.35 | +1.82 |
| Martin ratioReturn relative to average drawdown | 6.32 | 0.96 | +5.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PII | LCII | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 0.37 | +0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | -0.13 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.02 | 0.13 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.29 | +0.11 |
Drawdowns
PII vs. LCII - Drawdown Comparison
The maximum PII drawdown since its inception was -77.57%, smaller than the maximum LCII drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for PII and LCII.
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Drawdown Indicators
| PII | LCII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.57% | -87.55% | +9.98% |
Max Drawdown (1Y)Largest decline over 1 year | -34.21% | -37.67% | +3.46% |
Max Drawdown (3Y)Largest decline over 3 years | -75.23% | -41.12% | -34.11% |
Max Drawdown (5Y)Largest decline over 5 years | -75.23% | -47.19% | -28.04% |
Max Drawdown (10Y)Largest decline over 10 years | -75.62% | -53.89% | -21.73% |
Current DrawdownCurrent decline from peak | -44.23% | -37.67% | -6.56% |
Average DrawdownAverage peak-to-trough decline | -19.73% | -25.25% | +5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.72% | 13.67% | -1.95% |
Volatility
PII vs. LCII - Volatility Comparison
The current volatility for Polaris Industries Inc. (PII) is 12.51%, while LCI Industries (LCII) has a volatility of 14.28%. This indicates that PII experiences smaller price fluctuations and is considered to be less risky than LCII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PII | LCII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.51% | 14.28% | -1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 37.57% | 26.68% | +10.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.69% | 35.33% | +20.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.69% | 39.27% | +3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.76% | 39.84% | +2.92% |
Dividends
PII vs. LCII - Dividend Comparison
PII's dividend yield for the trailing twelve months is around 3.92%, less than LCII's 4.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCII LCI Industries | 4.79% | 3.79% | 4.16% | 3.34% | 4.38% | 2.21% | 2.16% | 2.38% | 3.52% | 1.58% | 1.30% | 3.28% |
PII Polaris Industries Inc. | 3.92% | 4.24% | 4.58% | 2.74% | 2.53% | 2.29% | 2.60% | 2.40% | 3.13% | 1.87% | 2.67% | 2.47% |
Financials
PII vs. LCII - Financials Comparison
This section allows you to compare key financial metrics between Polaris Industries Inc. and LCI Industries. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PII vs. LCII - Profitability Comparison
PII - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Polaris Industries Inc. reported a gross profit of 334.80M and revenue of 1.66B. Therefore, the gross margin over that period was 20.2%.
LCII - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, LCI Industries reported a gross profit of 205.91M and revenue of 932.70M. Therefore, the gross margin over that period was 22.1%.
PII - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Polaris Industries Inc. reported an operating income of -55.20M and revenue of 1.66B, resulting in an operating margin of -3.3%.
LCII - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, LCI Industries reported an operating income of 35.36M and revenue of 932.70M, resulting in an operating margin of 3.8%.
PII - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Polaris Industries Inc. reported a net income of -47.40M and revenue of 1.66B, resulting in a net margin of -2.9%.
LCII - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, LCI Industries reported a net income of 18.68M and revenue of 932.70M, resulting in a net margin of 2.0%.
Frequently Asked Questions
PII and LCII have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LCII has higher volatility (14.28%) compared to PII (12.51%). In terms of maximum drawdown, PII dropped -77.57% vs LCII's -87.55%.
PII currently has the higher Sharpe Ratio (1.33 vs 0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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