Polaris (PII) Tax Rate (2009 - 2025)
Polaris' (PII) quarterly Tax Rate came in at 15.02% in Q4 2025, up 354.0% year-over-year from 3.31% in Q4 2024, and up 150.48% quarter-over-quarter from 29.75% in Q3 2025.
Analysis
Polaris (PII) Tax Rate (2009 - 2025) Analysis & Trends
Polaris (PII) has reported Tax Rate for 17 consecutive years, with 15.02% the latest figure, recorded in Q4 2025.
- On a quarterly basis, Tax Rate rose 354.0% year-over-year to 15.02% in Q4 2025; TTM through Dec 2025 was 12.75%, a 828.0% decrease from a year earlier, with the FY2025 full-year figure at 12.75%, down 828.0% from the prior year.
- Tax Rate was 15.02% for Q4 2025 at Polaris, up from 29.75% in the prior quarter.
- Over five years, Tax Rate peaked at 49.35% in Q1 2024 and troughed at 29.75% in Q3 2025.
- A 5-year average of 17.27% and a median of 20.05% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 2759 bps in 2024 and plunged 5089 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 12.57% in 2021, then soared by 62 bps to 20.31% in 2022, then slipped by 29 bps to 14.49% in 2023, then fell by 21 bps to 11.48% in 2024, then surged by 31 bps to 15.02% in 2025.
- The last three Tax Rate figures came in at 15.02% (Q4 2025), 29.75% (Q3 2025), and 14.58% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.75 Bn | 3.38 Bn | 354.77 Mn | 28.42% |
| 2 | Polaris | 3.42 Bn | 3.12 Bn | - | - |
| 3 | Harley-Davidson | 2.81 Bn | 912.98 Mn | 421.12 Mn | 17.10% |
| 4 | Brunswick | 1.58 Bn | 1.27 Bn | 437.80 Mn | -1.38% |
| 5 | Winnebago Industries | 815.89 Mn | 758.79 Mn | 94.90 Mn | 19.44% |
| 6 | Malibu Boats | 499.12 Mn | 424.71 Mn | 52.19 Mn | 24.26% |
| 7 | MasterCraft Boat Holdings | 370.16 Mn | 285.54 Mn | 19.54 Mn | -7.35% |
| 8 | Niu Technologies | 165.70 Mn | -29.42 Mn | 33.95 Mn | -0.86% |
| 9 | Massimo | 41.20 Mn | 36.56 Mn | 7.28 Mn | 21.00% |
| 10 | Gogoro | 39.84 Mn | -29.01 Mn | 15.96 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 15.02% |
| Sep 30, 2025 | -29.75% |
| Jun 30, 2025 | 14.58% |
| Mar 31, 2025 | 6.19% |
| 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% |