Polaris Industries Inc (PII)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 290,600 | 700,900 | 804,500 | 709,000 | 587,300 |
| Revenue | US$ in thousands | 7,175,400 | 8,934,400 | 8,589,000 | 8,198,200 | 7,027,900 |
| Operating profit margin | 4.05% | 7.84% | 9.37% | 8.65% | 8.36% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $290,600K ÷ $7,175,400K
= 4.05%
The operating profit margin of Polaris Industries Inc has shown some fluctuations over the years. In 2020, the operating profit margin was 8.36%, which increased slightly to 8.65% in 2021. There was a more significant improvement in 2022, with the operating profit margin reaching 9.37%. However, there was a decrease in the operating profit margin in 2023 to 7.84%, followed by a considerable drop to 4.05% in 2024.
These fluctuations in the operating profit margin may indicate changes in the company's operational efficiency, cost management, or pricing strategies. It is crucial for investors and stakeholders to further analyze the underlying factors driving these fluctuations to assess the company's financial performance and sustainability.