PII vs. MBUU

Last updated Apr 1, 2026

Compare and contrast key facts about Polaris Industries Inc. (PII) and Malibu Boats, Inc. (MBUU).

Performance

PII vs. MBUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polaris Industries Inc. (PII) and Malibu Boats, Inc. (MBUU). The values are adjusted to include any dividend payments, if applicable.

PII vs. MBUU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PII Polaris Industries Inc.	-12.86%	15.90%	-37.19%	-3.79%	-6.01%	17.75%	-3.78%	36.37%	-36.76%	54.19%
MBUU Malibu Boats, Inc.	-8.12%	-24.95%	-31.43%	2.85%	-22.45%	10.07%	52.48%	17.67%	17.05%	55.82%

Fundamentals

Market Cap PII : $3.10B MBUU : $495.54M
EPS PII : -$8.18 MBUU : $0.76
PS Ratio PII : 0.43 MBUU : 0.61
PB Ratio PII : 3.74 MBUU : 1.00
Total Revenue (TTM) PII : $7.15B MBUU : $819.06M
Gross Profit (TTM) PII : $1.32B MBUU : $131.52M
EBITDA (TTM) PII : -$175.20M MBUU : $50.91M

Returns By Period

In the year-to-date period, PII achieves a -12.86% return, which is significantly lower than MBUU's -8.12% return. Over the past 10 years, PII has underperformed MBUU with an annualized return of -2.99%, while MBUU has yielded a comparatively higher 4.86% annualized return.

PII

• 1D: 2.04%
• 1M: -9.26%
• YTD: -12.86%
• 6M: -4.22%
• 1Y: 40.02%
• 3Y*: -17.87%
• 5Y*: -13.85%
• 10Y*: -2.99%

MBUU

• 1D: -0.31%
• 1M: -10.81%
• YTD: -8.12%
• 6M: -20.12%
• 1Y: -15.51%
• 3Y*: -22.85%
• 5Y*: -20.46%
• 10Y*: 4.86%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PII vs. MBUU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PII

PII Risk / Return Rank: 67
PII Sharpe Ratio Rank: 67
PII Sortino Ratio Rank: 66
PII Omega Ratio Rank: 64
PII Calmar Ratio Rank: 68
PII Martin Ratio Rank: 70

MBUU

MBUU Risk / Return Rank: 30
MBUU Sharpe Ratio Rank: 28
MBUU Sortino Ratio Rank: 28
MBUU Omega Ratio Rank: 28
MBUU Calmar Ratio Rank: 32
MBUU Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PII vs. MBUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polaris Industries Inc. (PII) and Malibu Boats, Inc. (MBUU). 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	MBUU	Difference
Sharpe ratio Return per unit of total volatility	0.71	-0.30	+1.01
Sortino ratio Return per unit of downside risk	1.40	-0.09	+1.49
Omega ratio Gain probability vs. loss probability	1.18	0.99	+0.19
Calmar ratio Return relative to maximum drawdown	1.26	-0.32	+1.57
Martin ratio Return relative to average drawdown	3.31	-0.62	+3.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PII vs. MBUU - Sharpe Ratio Comparison

The current PII Sharpe Ratio is 0.71, which is higher than the MBUU Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of PII and MBUU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PII	MBUU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	-0.30	+1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	-0.47	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.07	0.10	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.07	+0.32

Correlation

The correlation between PII and MBUU is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PII vs. MBUU - Dividend Comparison

PII's dividend yield for the trailing twelve months is around 4.94%, while MBUU has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PII Polaris Industries Inc.	4.94%	4.24%	4.58%	2.74%	2.53%	2.29%	2.60%	2.40%	3.13%	1.87%	2.67%	2.47%
MBUU Malibu Boats, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PII vs. MBUU - Drawdown Comparison

The maximum PII drawdown since its inception was -77.57%, which is greater than MBUU's maximum drawdown of -73.67%. Use the drawdown chart below to compare losses from any high point for PII and MBUU.

Drawdown Indicators

	PII	MBUU	Difference
Max Drawdown Largest peak-to-trough decline	-77.57%	-73.67%	-3.90%
Max Drawdown (1Y) Largest decline over 1 year	-30.71%	-38.74%	+8.03%
Max Drawdown (5Y) Largest decline over 5 years	-75.62%	-72.36%	-3.26%
Max Drawdown (10Y) Largest decline over 10 years	-75.62%	-73.67%	-1.95%
Current Drawdown Current decline from peak	-56.28%	-71.81%	+15.53%
Average Drawdown Average peak-to-trough decline	-19.59%	-30.74%	+11.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.64%	19.96%	-8.32%

Volatility

PII vs. MBUU - Volatility Comparison

Polaris Industries Inc. (PII) has a higher volatility of 12.62% compared to Malibu Boats, Inc. (MBUU) at 11.33%. This indicates that PII's price experiences larger fluctuations and is considered to be riskier than MBUU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PII	MBUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.62%	11.33%	+1.29%
Volatility (6M) Calculated over the trailing 6-month period	33.58%	32.83%	+0.75%
Volatility (1Y) Calculated over the trailing 1-year period	56.34%	52.06%	+4.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.95%	43.98%	-3.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.92%	46.72%	-4.80%

Financials

PII vs. MBUU - Profitability Comparison

The chart below illustrates the profitability comparison between Polaris Industries Inc. and Malibu Boats, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PII - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Polaris Industries Inc. reported a gross profit of 384.20M and revenue of 1.92B. Therefore, the gross margin over that period was 20.0%.

MBUU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Malibu Boats, Inc. reported a gross profit of 25.12M and revenue of 188.62M. Therefore, the gross margin over that period was 13.3%.

PII - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Polaris Industries Inc. reported an operating income of -367.70M and revenue of 1.92B, resulting in an operating margin of -19.1%.

MBUU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Malibu Boats, Inc. reported an operating income of -3.50M and revenue of 188.62M, resulting in an operating margin of -1.9%.

PII - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Polaris Industries Inc. reported a net income of -303.60M and revenue of 1.92B, resulting in a net margin of -15.8%.

MBUU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Malibu Boats, Inc. reported a net income of -2.15M and revenue of 188.62M, resulting in a net margin of -1.1%.