TTM
-0.5%
YoY change
−3.47pp
Trough year (2025)
-0.4%
Peak year (1988)
17.8%
Latest annual
-0.4%
Operating Margin history chart for Polaris (PII) from 1987 to 2025
Latest: -0.4%
Operating Margin change chart for Polaris (PII) from 1987 to 2025
Latest: −3.47pp
Operating Margin history table for Polaris (PII) from 1987 to 2025
| 2025 | -0.4% | -3.47pp | ||
| 2024 | 3.1% | -3.97pp | ||
| 2023 | 7.0% | -1.74pp | ||
| 2022 | 8.8% | -0.06pp | ||
| 2021 | 8.8% | +1.53pp | ||
| 2020 | 7.3% | +1.38pp | ||
| 2019 | 5.9% | -0.64pp | ||
| 2018 | 6.6% | -0.80pp | ||
| 2017 | 7.4% | +1.42pp | ||
| 2016 | 5.9% | -7.73pp | ||
| 2015 | 13.7% | -1.01pp | ||
| 2014 | 14.7% | +0.60pp | ||
| 2013 | 14.1% | +0.22pp | ||
| 2012 | 13.9% | +1.55pp | ||
| 2011 | 12.3% | +2.07pp | ||
| 2010 | 10.2% | +0.79pp | ||
| 2009 | 9.4% | +1.15pp | ||
| 2008 | 8.3% | +0.95pp | ||
| 2007 | 7.3% | +0.04pp | ||
| 2006 | 7.3% | -3.66pp | ||
| 2005 | 11.0% | +0.84pp | ||
| 2004 | 10.1% | -0.25pp | ||
| 2003 | 10.4% | +0.33pp | ||
| 2002 | 10.1% | +1.47pp | ||
| 2001 | 8.6% | +0.04pp | ||
| 2000 | 8.5% | -0.06pp | ||
| 1999 | 8.6% | +0.08pp | ||
| 1998 | 8.5% | -0.37pp | ||
| 1997 | 8.9% | +0.71pp | ||
| 1996 | 8.2% | -0.96pp | ||
| 1995 | 9.1% | -2.63pp | ||
| 1994 | 11.8% | +1.69pp | ||
| 1993 | 10.1% | -5.30pp | ||
| 1992 | 15.4% | -2.06pp | ||
| 1991 | 17.4% | +1.32pp | ||
| 1990 | 16.1% | -0.38pp | ||
| 1989 | 16.5% | -1.30pp | ||
| 1988 | 17.8% | +10.61pp | ||
| 1987 | 7.2% | — |
- 2025-0.4%-3.47pp
- 20243.1%-3.97pp
- 20237.0%-1.74pp
- 20228.8%-0.06pp
- 20218.8%+1.53pp
- 20207.3%+1.38pp
- 20195.9%-0.64pp
- 20186.6%-0.80pp
- 20177.4%+1.42pp
- 20165.9%-7.73pp
- 201513.7%-1.01pp
- 201414.7%+0.60pp
- 201314.1%+0.22pp
- 201213.9%+1.55pp
- 201112.3%+2.07pp
- 201010.2%+0.79pp
- 20099.4%+1.15pp
- 20088.3%+0.95pp
- 20077.3%+0.04pp
- 20067.3%-3.66pp
- 200511.0%+0.84pp
- 200410.1%-0.25pp
- 200310.4%+0.33pp
- 200210.1%+1.47pp
- 20018.6%+0.04pp
- 20008.5%-0.06pp
- 19998.6%+0.08pp
- 19988.5%-0.37pp
- 19978.9%+0.71pp
- 19968.2%-0.96pp
- 19959.1%-2.63pp
- 199411.8%+1.69pp
- 199310.1%-5.30pp
- 199215.4%-2.06pp
- 199117.4%+1.32pp
- 199016.1%-0.38pp
- 198916.5%-1.30pp
- 198817.8%+10.61pp
- 19877.2%—
Operating 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 Operating Margin at Polaris (PII)
According to Polaris's latest reported financial statements, the company's latest reported operating margin is -0.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Polaris (PII) operating margin is -0.40% – contracted 3.5 percentage points year-over-year.
The record annual operating margin stands at 17.78%, reached in 1988; the historical low of -0.40% was recorded in 2025.
Polaris Operating Margin by Year
Polaris Operating Margin 2025: -0.4%
2025's operating margin for Polaris came in at -0.40%, contracted 3.5 percentage points from 2024. This figure represents the lowest annual value in the available history.
Polaris Operating Margin 2024: 3.1%
Polaris posted operating margin of 3.07% in 2024, contracted 4.0 percentage points from 2023.
Polaris Operating Margin 2023: 7.0%
In 2023, Polaris reported operating margin of 7.04%, contracted 1.7 percentage points from 2022.
Polaris Operating Margin 2022: 8.8%
Polaris operating margin in 2022 was 8.78%, contracted 0.1 percentage points from 2021.
Polaris Operating Margin 2021: 8.8%
Polaris operating margin in 2021 was 8.84%.
See more financial history for Polaris (PII).
Sector peers by Operating Margin
Consumer Cyclical peers of Polaris (PII), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 12.4% | |
| 11.5% | |
| 5.8% | |
| 5.0% |
- 46.0%
- 22.2%
- 12.4%
- 12.4%
- 11.5%
- 5.8%
- 5.0%
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Polaris (PII) Key Financials
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