Polaris Industries Inc (PII)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,289,900 | 1,341,500 | 1,338,100 | 1,378,100 | 1,418,400 | 1,332,700 | 1,246,500 | 1,152,100 | 1,099,000 | 1,016,900 | 1,071,400 | 1,118,600 | 1,224,300 | 1,211,800 | 1,120,600 | 1,059,400 | 1,144,500 | 947,500 | 753,000 | 1,001,600 |
| ROE | 8.59% | 15.18% | 24.48% | 28.53% | 35.45% | 44.64% | 50.50% | 42.58% | 40.68% | 33.28% | 24.89% | 38.41% | 40.34% | 50.00% | 58.73% | 24.95% | 10.90% | 2.63% | -7.10% | 26.97% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $110,800K ÷ $1,289,900K
= 8.59%
Polaris Industries Inc has shown a fluctuating trend in its return on equity (ROE) over the past few years. The ROE was strong at 26.97% as of March 31, 2020, followed by a significant decline to -7.10% by June 30, 2020. The company managed to improve its ROE to 10.90% by December 31, 2020, and the trend continued positively, reaching 58.73% by June 30, 2021.
In the subsequent quarters, Polaris Industries Inc maintained high ROE figures, with values ranging from 40.34% to 50.00% from December 31, 2021, to September 30, 2021. The ROE saw a decrease to 24.89% by June 30, 2022, before picking up again to reach 50.50% by June 30, 2023. However, there was a slight decline in the ROE to 8.59% by December 31, 2024.
Overall, Polaris Industries Inc demonstrated strong performance in terms of ROE, with occasional fluctuations over the period under review. The company's ability to generate profits from shareholders' equity improved significantly from negative territory to high levels, indicating efficient management of assets to generate returns for shareholders.