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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K □ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-11411 POLARIS INC . ( Exact name of registrant as specified in its charter ) Minnesota ( State or other jurisdiction of incorporation or organization ) Title of Class Common Stock , $ .01 par value 2100 Highway 55 , Medina , Minnesota ( Address of Principal Executive Offices ) ( I.R.S. Employer Identification No. ) 55340 ( Zip Code ) ( 763 ) 542-0500 Registrant's telephone number , including area code Securities registered pursuant to Section 12 ( b ) of the Act Trading Symbols PII 41-1790959 Name of Each Exchange on Which Registered New York Stock Exchange No 区 Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Exchange Act . Yes □ Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes > No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes > No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company " and " emerging growth company ” in Rule 12b - 2 of the Exchange Act . ( Check one ) : Large accelerated filer Accelerated filer Non - accelerated filer □ Smaller reporting company Emerging growth company □ If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . □ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No " The aggregate market value of the registrant's common stock held by non - affiliates of the registrant was approximately $ 5,675,268,000 as of June 30 , 2020 , based upon the last sales price per share of the registrant's Common Stock , as reported on the New York Stock Exchange on such date . As of February 9 , 2021 , 61,970,286 shares of Common Stock , $ .01 par value , of the registrant were outstanding . DOCUMENTS INCORPORATED BY REFERENCE : Portions of the definitive Proxy Statement for the registrant's Annual Meeting of Shareholders to be held on April 29 , 2021 to be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal year covered by this report ( the " 2021 Proxy Statement " ) , are incorporated by reference into Part III of this Form 10 - K .