TTM
19.6%
YoY change
−1.04pp
Trough year (2025)
18.5%
Peak year (1988)
39.7%
Latest annual
18.5%
Gross Margin history chart for Polaris (PII) from 1987 to 2025
Latest: 18.5%
Gross Margin change chart for Polaris (PII) from 1987 to 2025
Latest: −1.04pp
Gross Margin history table for Polaris (PII) from 1987 to 2025
| 2025 | 18.5% | -1.04pp | ||
| 2024 | 19.6% | -1.77pp | ||
| 2023 | 21.3% | -0.88pp | ||
| 2022 | 22.2% | -0.59pp | ||
| 2021 | 22.8% | -0.34pp | ||
| 2020 | 23.1% | -0.03pp | ||
| 2019 | 23.2% | -0.26pp | ||
| 2018 | 23.4% | -2.50pp | ||
| 2017 | 25.9% | +1.53pp | ||
| 2016 | 24.4% | -3.93pp | ||
| 2015 | 28.3% | -1.21pp | ||
| 2014 | 29.6% | -0.12pp | ||
| 2013 | 29.7% | +0.83pp | ||
| 2012 | 28.8% | +0.92pp | ||
| 2011 | 27.9% | +1.29pp | ||
| 2010 | 26.6% | +1.52pp | ||
| 2009 | 25.1% | +2.23pp | ||
| 2008 | 22.9% | +0.80pp | ||
| 2007 | 22.1% | +0.39pp | ||
| 2006 | 21.7% | -0.29pp | ||
| 2005 | 22.0% | -1.94pp | ||
| 2004 | 23.9% | +1.51pp | ||
| 2003 | 22.4% | +0.58pp | ||
| 2002 | 21.8% | -0.93pp | ||
| 2001 | 22.8% | -3.53pp | ||
| 2000 | 26.3% | -1.51pp | ||
| 1999 | 27.8% | +1.07pp | ||
| 1998 | 26.8% | -1.45pp | ||
| 1997 | 28.2% | +5.88pp | ||
| 1996 | 22.3% | -0.21pp | ||
| 1995 | 22.5% | -1.90pp | ||
| 1994 | 24.4% | -5.21pp | ||
| 1993 | 29.6% | -4.73pp | ||
| 1992 | 34.4% | -2.45pp | ||
| 1991 | 36.8% | -1.11pp | ||
| 1990 | 37.9% | -1.15pp | ||
| 1989 | 39.1% | -0.63pp | ||
| 1988 | 39.7% | +7.65pp | ||
| 1987 | 32.1% | — |
- 202518.5%-1.04pp
- 202419.6%-1.77pp
- 202321.3%-0.88pp
- 202222.2%-0.59pp
- 202122.8%-0.34pp
- 202023.1%-0.03pp
- 201923.2%-0.26pp
- 201823.4%-2.50pp
- 201725.9%+1.53pp
- 201624.4%-3.93pp
- 201528.3%-1.21pp
- 201429.6%-0.12pp
- 201329.7%+0.83pp
- 201228.8%+0.92pp
- 201127.9%+1.29pp
- 201026.6%+1.52pp
- 200925.1%+2.23pp
- 200822.9%+0.80pp
- 200722.1%+0.39pp
- 200621.7%-0.29pp
- 200522.0%-1.94pp
- 200423.9%+1.51pp
- 200322.4%+0.58pp
- 200221.8%-0.93pp
- 200122.8%-3.53pp
- 200026.3%-1.51pp
- 199927.8%+1.07pp
- 199826.8%-1.45pp
- 199728.2%+5.88pp
- 199622.3%-0.21pp
- 199522.5%-1.90pp
- 199424.4%-5.21pp
- 199329.6%-4.73pp
- 199234.4%-2.45pp
- 199136.8%-1.11pp
- 199037.9%-1.15pp
- 198939.1%-0.63pp
- 198839.7%+7.65pp
- 198732.1%—
Gross Margin values are taken from Polaris's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Polaris (PII)
According to Polaris's latest reported financial statements, the company's latest reported gross margin is 19.6%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for Polaris (PII) came in at 18.52% – contracted 1.0 percentage points year-over-year.
Across the available history, gross margin reached its high of 39.71% in 1988 and its low of 18.52% in 2025.
Polaris Gross Margin by Year
Polaris Gross Margin 2025: 18.5%
Polaris gross margin in 2025 was 18.52%, contracted 1.0 percentage points from 2024. This figure represents the lowest annual value in the available history.
Polaris Gross Margin 2024: 19.6%
2024's gross margin for Polaris came in at 19.57%, contracted 1.8 percentage points from 2023.
Polaris Gross Margin 2023: 21.3%
Polaris posted gross margin of 21.33% in 2023, contracted 0.9 percentage points from 2022.
Polaris Gross Margin 2022: 22.2%
In 2022, Polaris reported gross margin of 22.22%, contracted 0.6 percentage points from 2021.
Polaris Gross Margin 2021: 22.8%
Polaris gross margin in 2021 was 22.81%.
See more financial history for Polaris (PII).
Sector peers by Gross Margin
Consumer Cyclical peers of Polaris (PII), ranked by their latest gross margin
| 100.0% | |
| 57.4% | |
| 56.0% | |
| 50.6% | |
| 39.8% | |
| 33.1% | |
| 31.4% | |
| 19.1% |
- 100.0%
- 57.4%
- 56.0%
- 50.6%
- 39.8%
- 33.1%
- 31.4%
- 19.1%
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