Polaris Industries Inc (PII)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 140,800 | 249,400 | 396,100 | 482,900 | 620,400 | 746,300 | 806,200 | 814,900 | 755,800 | 608,100 | 510,900 | 536,600 | 625,700 | 774,900 | 849,400 | 328,200 | 141,400 | 14,110 | -96,630 | 331,788 |
| Revenue (ttm) | US$ in thousands | 7,175,400 | 7,709,200 | 8,235,700 | 8,491,100 | 8,934,400 | 9,049,300 | 9,141,000 | 8,987,200 | 8,764,300 | 8,530,600 | 8,149,500 | 8,203,900 | 8,198,200 | 8,184,100 | 8,179,200 | 7,573,800 | 7,027,900 | 6,607,470 | 6,424,520 | 6,692,040 |
| Pretax margin | 1.96% | 3.24% | 4.81% | 5.69% | 6.94% | 8.25% | 8.82% | 9.07% | 8.62% | 7.13% | 6.27% | 6.54% | 7.63% | 9.47% | 10.38% | 4.33% | 2.01% | 0.21% | -1.50% | 4.96% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $140,800K ÷ $7,175,400K
= 1.96%
Polaris Industries Inc's pretax margin has shown fluctuations over the provided periods. From March 31, 2020, when it stood at 4.96%, the pretax margin decreased to -1.50% by June 30, 2020. However, the company managed to improve its performance, reaching a positive pretax margin of 10.38% by June 30, 2021. The trend continued positively, with the pretax margin staying above 6% until September 30, 2023.
After September 30, 2023, there was a slight decline in the pretax margin, reaching 1.96% by December 31, 2024. Despite this reduction, Polaris Industries Inc has generally maintained a positive pretax margin over the analyzed period, indicating its ability to generate profits before accounting for taxes. It is important for the company to monitor and manage its operating expenses effectively to sustain and potentially increase its pretax margin in the future.