Polaris (PII) Net Margin (2009 - 2025)
Polaris' Net Margin came in at -15.80% for Q4 2025, down 16.40 percentage points from 0.60% a year earlier and down 14.94 percentage points from the prior quarter.
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Analysis
Polaris (PII) Net Margin (2009 - 2025) Analysis & Trends
For FY2025, Polaris' Net Margin was -6.51%, down 8.05 percentage points from FY2024.
- Net Margin carries a five-year change of -8.50 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 1.54% in FY2024 (-4.08 pp), 5.63% in FY2023 (+0.42 pp), 5.21% in FY2022 (-1.43 pp) and 6.64% in FY2021 (+4.65 pp).
- The Q4 2025 figure represents the lowest quarterly Net Margin in data going back to Q2 2009.
- Year-over-year, Net Margin has declined for ten consecutive quarters, with an average year-over-year change of -5.98 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q2 2021 (a gain of 23.86 percentage points), and the weakest in Q4 2025 (a drop of 16.40 percentage points).
- Business Quant data shows PII's Net Margin at -0.86% (Q3 2025), -4.28% (Q2 2025) and -4.35% (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,157.07 Bn | 991.62 Bn | 4.75 Bn | 3.95% |
| 2 | Toyota Motor | 254.94 Bn | -151.80 Bn | 20.95 Bn | 11.47% |
| 3 | Ferrari | 147.58 Bn | 140.03 Bn | 1.18 Bn | 23.85% |
| 4 | Honda Motor | 147.32 Bn | 14.70 Bn | 8.46 Bn | 7.44% |
| 5 | General Motors | 70.77 Bn | -34.10 Bn | 7.33 Bn | 2.68% |
| 6 | Ford Motor | 48.49 Bn | -93.97 Bn | 6.08 Bn | -2.75% |
| 7 | Rivian Automotive | 20.14 Bn | -3.15 Bn | 179.00 Mn | -50.24% |
| 8 | Magna International | 18.12 Bn | 15.68 Bn | 1.61 Bn | 4.36% |
| 9 | Stellantis | 13.39 Bn | -152.61 Bn | 5.55 Bn | 0.61% |
| 10 | Polaris | 2.98 Bn | 1.92 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -15.80% |
| Sep 30, 2025 | -0.86% |
| Jun 30, 2025 | -4.28% |
| Mar 31, 2025 | -4.35% |
| Dec 31, 2024 | 0.60% |
| Sep 30, 2024 | 1.61% |
| Jun 30, 2024 | 3.50% |
| Mar 31, 2024 | 0.22% |
| Dec 31, 2023 | 4.52% |
| Sep 30, 2023 | 6.75% |
| Jun 30, 2023 | 6.06% |
| Mar 31, 2023 | 5.20% |
| Dec 31, 2022 | 8.13% |
| Sep 30, 2022 | 7.96% |
| Jun 30, 2022 | -0.22% |
| Mar 31, 2022 | 3.92% |
| Dec 31, 2021 | 4.36% |
| Sep 30, 2021 | 6.45% |
| Jun 30, 2021 | 8.29% |
| Mar 31, 2021 | 6.87% |
API Access
Polaris Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=PII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "PII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=PII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();