polarizationtools converts, analyzes, and simulates polarization data. The different python scripts (1) convert Stokes parameters into linear polarization parameters with proper treatment of the uncertainties and vice versa; (2) shift electric vector position angle (EVPA) data points in time series to account for the 180 degrees ambiguity; (3) identify rotations of the EVPA e.g. in blazar polarization monitoring data according to various rotation definitions; and (4) simulate polarization time series as a random walk in the Stokes Q-U plane.