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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Polaris (PII) Gross Margin (2016 - 2025)

Polaris (PII) has disclosed Gross Margin for 17 consecutive years, with 19.99% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin fell 40.0% to 19.99% in Q4 2025 year-over-year; TTM through Dec 2025 was 19.14%, a 130.0% decrease, with the full-year FY2025 number at 19.14%, down 130.0% from a year prior.
  • Gross Margin was 19.99% for Q4 2025 at Polaris, down from 20.65% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 28.46% in Q4 2021 to a low of 15.95% in Q1 2025.
  • A 5-year average of 21.79% and a median of 21.21% in 2021 define the central range for Gross Margin.
  • Biggest YoY gain for Gross Margin was 402bps in 2021; the steepest drop was -646bps in 2021.
  • Polaris' Gross Margin stood at 28.46% in 2021, then fell by -16bps to 23.83% in 2022, then decreased by -13bps to 20.83% in 2023, then fell by -2bps to 20.39% in 2024, then fell by -2bps to 19.99% in 2025.
  • Per Business Quant, the three most recent readings for PII's Gross Margin are 19.99% (Q4 2025), 20.65% (Q3 2025), and 19.39% (Q2 2025).