Polaris Industries Inc (PII)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 140,800 | 620,400 | 761,400 | 625,700 | 141,400 |
| Revenue | US$ in thousands | 7,175,400 | 8,934,400 | 8,589,000 | 8,198,200 | 7,027,900 |
| Pretax margin | 1.96% | 6.94% | 8.86% | 7.63% | 2.01% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $140,800K ÷ $7,175,400K
= 1.96%
Polaris Industries Inc's pretax margin has shown fluctuations over the specified period. In December 2020, the pretax margin was relatively low at 2.01%. However, there was a significant improvement in December 2021, with the pretax margin increasing to 7.63%. This positive trend continued into December 2022, where the pretax margin further improved to 8.86%.
However, in December 2023, there was a slight decline in the pretax margin to 6.94%. The most recent data point in December 2024 saw a decrease in the pretax margin to 1.96%, indicating a sharp decline in profitability compared to the previous year.
Overall, while there have been fluctuations in Polaris Industries Inc's pretax margin over the period under review, it is important for stakeholders to monitor the company's profitability trends and assess the factors influencing these changes.