Polaris (PII) Current Taxes (2009 - 2022)
Polaris' (PII) quarterly Current Taxes came in at $6.5 million in Q4 2022, down 61.99% year-over-year from $17.1 million in Q4 2021, and down 51.13% quarter-over-quarter from $13.3 million in Q3 2022.
Analysis
Polaris (PII) Current Taxes (2009 - 2022) Analysis & Trends
Polaris (PII) has reported Current Taxes for 14 consecutive years, with $6.5 million the latest figure, recorded in Q4 2022.
- On a quarterly basis, Current Taxes fell 61.99% year-over-year to $6.5 million in Q4 2022; TTM through Dec 2022 was $6.5 million, a 61.99% decrease from a year earlier, with the FY2022 full-year figure at $6.5 million, down 61.99% from the prior year.
- Current Taxes was $6.5 million for Q4 2022 at Polaris, down from $13.3 million in the prior quarter.
- Over five years, Current Taxes peaked at $38.0 million in Q3 2020 and troughed at $3.7 million in Q1 2020.
- A 5-year average of $14.2 million and a median of $8.4 million in 2018 frame the typical range for Current Taxes.
- Across the five-year window, Current Taxes surged 789.19% in 2021 and slumped 68.18% in 2022, its largest moves.
- Over 5 years, Current Taxes stood at $4.5 million in 2018, then increased by 29.81% to $5.9 million in 2019, then soared by 272.88% to $22.0 million in 2020, then decreased by 22.27% to $17.1 million in 2021, then tumbled by 61.99% to $6.5 million in 2022.
- The last three Current Taxes figures came in at $6.5 million (Q4 2022), $13.3 million (Q3 2022), and $11.2 million (Q2 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.75 Bn | 3.38 Bn | 354.77 Mn | 50.07 Mn |
| 2 | Polaris | 3.42 Bn | 3.12 Bn | - | - |
| 3 | Harley-Davidson | 2.81 Bn | 912.98 Mn | 421.12 Mn | - |
| 4 | Brunswick | 1.58 Bn | 1.27 Bn | 437.80 Mn | - |
| 5 | Winnebago Industries | 815.89 Mn | 758.79 Mn | 94.90 Mn | - |
| 6 | Malibu Boats | 499.12 Mn | 424.71 Mn | 52.19 Mn | 392,000.00 |
| 7 | MasterCraft Boat Holdings | 370.16 Mn | 285.54 Mn | 19.54 Mn | 1.77 Mn |
| 8 | Niu Technologies | 165.70 Mn | -29.42 Mn | 33.95 Mn | 43,124.00 |
| 9 | Massimo | 41.20 Mn | 36.56 Mn | 7.28 Mn | 3.85 Mn |
| 10 | Gogoro | 39.84 Mn | -29.01 Mn | 15.96 Mn | 25.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 6.50 Mn |
| Sep 30, 2022 | 13.30 Mn |
| Jun 30, 2022 | 11.20 Mn |
| Mar 31, 2022 | 14.40 Mn |
| Dec 31, 2021 | 17.10 Mn |
| Sep 30, 2021 | 33.60 Mn |
| Jun 30, 2021 | 35.20 Mn |
| Mar 31, 2021 | 32.90 Mn |
| Dec 31, 2020 | 22.00 Mn |
| Sep 30, 2020 | 38.00 Mn |
| Jun 30, 2020 | 7.90 Mn |
| Mar 31, 2020 | 3.70 Mn |
| Dec 31, 2019 | 5.90 Mn |
| Sep 30, 2019 | 4.63 Mn |
| Jun 30, 2019 | 6.09 Mn |
| Mar 31, 2019 | 5.14 Mn |
| Dec 31, 2018 | 4.55 Mn |
| Sep 30, 2018 | 8.96 Mn |
| Jun 30, 2018 | 5.97 Mn |
| Mar 31, 2018 | 6.60 Mn |