Polaris Industries Inc (PII)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 110,800 | 203,600 | 327,600 | 393,200 | 502,800 | 594,900 | 629,500 | 490,600 | 447,100 | 338,400 | 266,700 | 429,700 | 493,900 | 605,900 | 658,100 | 264,300 | 124,800 | 24,931 | -53,469 | 270,131 |
| Total assets | US$ in thousands | 5,525,200 | 5,629,700 | 5,708,900 | 5,567,400 | 5,516,300 | 5,733,000 | 5,469,600 | 5,289,900 | 5,217,900 | 5,093,400 | 5,238,900 | 5,128,900 | 5,047,800 | 4,870,300 | 4,525,200 | 4,513,700 | 4,632,700 | 4,783,600 | 4,312,700 | 4,763,900 |
| ROA | 2.01% | 3.62% | 5.74% | 7.06% | 9.11% | 10.38% | 11.51% | 9.27% | 8.57% | 6.64% | 5.09% | 8.38% | 9.78% | 12.44% | 14.54% | 5.86% | 2.69% | 0.52% | -1.24% | 5.67% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $110,800K ÷ $5,525,200K
= 2.01%
The return on assets (ROA) is an important financial ratio that indicates how efficiently a company is utilizing its assets to generate profits. Based on the data provided for Polaris Industries Inc, we observe fluctuations in the ROA over the quarters from March 31, 2020, to December 31, 2024.
- The ROA saw significant volatility during this period, ranging from negative figures to double-digit percentages.
- The ROA was positive in most quarters, indicating that Polaris Industries Inc was able to generate profits from its assets.
- The highest ROA was recorded in June 30, 2021, at 14.54%, suggesting a strong performance in asset utilization during that period.
- The lowest ROA was seen in June 30, 2020, at -1.24%, which might indicate challenges in generating profits relative to the level of assets held.
- Overall, the ROA trended upwards from negative values in mid-2020 to peak at 11.51% in June 30, 2023, before slightly declining towards December 31, 2024.
Analyzing the ROA is crucial in understanding how well a company is managing its assets to generate returns for its shareholders. Polaris Industries Inc's fluctuating ROA over the quarters may suggest varying levels of efficiency in asset utilization and profitability during the period under review. Further analysis and comparison with industry benchmarks could provide additional insights into the company's financial performance.