Polaris (PII) Return on Capital Employed [ROCE] (2010 - 2025)
Polaris (PII) recorded Return on Capital Employed [ROCE] of -12.21% in Q4 2025, down 21.06 percentage points from 8.85% a year earlier and down 13.54 percentage points from the prior quarter.
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Analysis
Polaris (PII) Return on Capital Employed [ROCE] (2010 - 2025) Analysis & Trends
For FY2025, Polaris reported Return on Capital Employed [ROCE] of -11.76%, down 20.76 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for three straight years, with a five-year change of -31.47 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 9.00% in FY2024 (-11.41 pp), 20.41% in FY2023 (-8.27 pp), 28.69% in FY2022 (+1.41 pp) and 27.28% in FY2021 (+7.56 pp).
- The Q4 2025 figure is the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2010.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for nine consecutive quarters, with an average year-over-year change of -13.07 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 45.59 percentage points in Q2 2021, against a drop of 23.20 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.33% (Q3 2025), 2.84% (Q2 2025) and 6.78% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,199.60 Bn | 1,034.16 Bn | 4.75 Bn | 3.95% |
| 2 | Toyota Motor | 237.87 Bn | -168.87 Bn | 20.95 Bn | 2.97% |
| 3 | Ferrari | 144.10 Bn | 136.55 Bn | 1.18 Bn | - |
| 4 | Honda Motor | 142.11 Bn | 9.49 Bn | 8.46 Bn | 2.00% |
| 5 | General Motors | 68.70 Bn | -36.17 Bn | 7.33 Bn | 0.98% |
| 6 | Ford Motor | 47.39 Bn | -95.07 Bn | 6.08 Bn | -3.99% |
| 7 | Rivian Automotive | 19.48 Bn | -3.81 Bn | 179.00 Mn | -31.93% |
| 8 | Magna International | 18.09 Bn | 15.65 Bn | 1.61 Bn | - |
| 9 | Stellantis | 12.78 Bn | -153.22 Bn | 5.55 Bn | -0.99% |
| 10 | Polaris | 3.06 Bn | 2.00 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -12.21% |
| Sep 30, 2025 | 1.33% |
| Jun 30, 2025 | 2.84% |
| Mar 31, 2025 | 6.78% |
| Dec 31, 2024 | 8.85% |
| Sep 30, 2024 | 10.76% |
| Jun 30, 2024 | 13.72% |
| Mar 31, 2024 | 15.72% |
| Dec 31, 2023 | 18.99% |
| Sep 30, 2023 | 25.77% |
| Jun 30, 2023 | 29.29% |
| Mar 31, 2023 | 29.28% |
| Dec 31, 2022 | 28.46% |
| Sep 30, 2022 | 23.96% |
| Jun 30, 2022 | 21.50% |
| Mar 31, 2022 | 22.17% |
| Dec 31, 2021 | 26.13% |
| Sep 30, 2021 | 39.42% |
| Jun 30, 2021 | 44.70% |
| Mar 31, 2021 | 25.76% |
API Access
Polaris Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=PII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=PII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();