Polycaprolactone polyols are considered a special class of aliphatic polyester polyols, used as the soft block segment of high-performance polyurethane elastomers. The polycaprolactone polyols can be produced with very low acid values; perfect end-termination functionality; and narrow molecular weight distributions (MWD). These features manifest themselves in polyurethanes characterized by the following property profile, many of which are best-in-class performance attributes.