Polaris (PII) Tax Rate (2009 - 2024)
Polaris' Tax Rate was 15.02% in Q4 2025, up 3.54 percentage points from 11.48% a year earlier and up 44.77 percentage points from the prior quarter.
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Analysis
Polaris (PII) Tax Rate (2009 - 2024) Analysis & Trends
For FY2025, Tax Rate at Polaris came in at 12.75%, down 8.28 percentage points from FY2024.
- Tax Rate shows a five-year change of -7.21 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 21.02% in FY2024 (+2.05 pp), 18.97% in FY2023 (-1.78 pp), 20.75% in FY2022 (-0.26 pp) and 21.01% in FY2021 (+1.05 pp).
- The Q4 2025 figure marks the highest quarterly Tax Rate since Q3 2024.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of -8.63 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2024 (a gain of 27.59 percentage points); the worst was Q3 2025 (a drop of 50.89 percentage points).
- Per Business Quant data, PII's Tax Rate in the three quarters before Q4 2025 was -29.75% (Q3 2025), 14.58% (Q2 2025) and 6.19% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | 15.12% |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | 20.99% |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 23.00% |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | - |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | 13.65% |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | - |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | - |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | 20.03% |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | 41.40% |
| 10 | Polaris | 2.97 Bn | 1.91 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 11.48% |
| Sep 30, 2024 | 21.14% |
| Jun 30, 2024 | 19.79% |
| Mar 31, 2024 | 49.35% |
| Dec 31, 2023 | 14.49% |
| Sep 30, 2023 | 16.62% |
| Jun 30, 2023 | 22.24% |
| Mar 31, 2023 | 21.76% |
| Dec 31, 2022 | 20.31% |
| Sep 30, 2022 | 21.07% |
| Jun 30, 2022 | 21.72% |
| Mar 31, 2022 | 19.19% |
| Dec 31, 2021 | 12.57% |
| Sep 30, 2021 | 20.60% |
| Jun 30, 2021 | 23.55% |
| Mar 31, 2021 | 23.40% |
| Dec 31, 2020 | 22.04% |
| Sep 30, 2020 | 23.76% |
| Dec 31, 2019 | 18.11% |
| Sep 30, 2019 | 18.30% |
API Access
Polaris Tax Rate 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=tax-rate&ticker=PII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();