Thor Industries

US · THO #2396 by market cap Listed 1970

65.84 -1.79 -2.65%

Live - 5344 symbols - heartbeat 196s ago · 2026-10-08 07:30

Pre-market 65.58 -0.39%

After-hours 65.84 0.00%

Market cap: 3.40B
P/E (TTM): 19.48
P/B: 0.80
EPS: 3.38
Div yield: 3.16%
52W pos: 1%

Reader sentiment Are you bullish or bearish on THO?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 3.34, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +0.30% YoY

Margins

Gross margin: 12.62%
Operating margin: 2.05%
Net margin: 1.85%

Key ratios & quality

Enterprise value: 3.78B
Altman Z-Score: 3.34

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	7.86B	8.17B	12.32B	16.31B	11.12B	10.04B	9.58B	9.61B
Gross profit	973.09M	1.12B	1.89B	2.81B	1.60B	1.45B	1.34B	1.21B
Selling & admin expenses	536.04M	634.12M	869.92M	1.12B	870.05M	895.53M	922.55M	903.40M
Research & development	--	--	--	--	--	--	--	--
Operating profit	361.41M	386.85M	907.87M	1.53B	585.49M	423.89M	299.06M	197.08M
Pretax profit	184.67M	272.90M	844.58M	1.46B	499.35M	348.84M	296.19M	238.72M
Tax	52.20M	51.51M	183.71M	321.62M	125.11M	83.44M	39.60M	64.07M
Net profit	132.47M	221.38M	660.87M	1.14B	374.24M	265.40M	256.59M	174.65M
Basic EPS	2	4	12	21	7	5	5	3
Diluted EPS	2.47	4.02	11.85	20.59	6.95	4.94	4.84	3.38

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Revenue	2.89B	2.52B	2.39B	2.13B	2.78B	2.31B
Gross profit	443.12M	370.88M	320.97M	251.25M	354.77M	285.63M
Selling & admin expenses	238.27M	237.86M	254.03M	212.02M	230.93M	206.42M
Research & development	--	--	--	--	--	--
Operating profit	175.24M	102.66M	39.02M	11.44M	96.02M	50.60M
Pretax profit	155.58M	143.37M	32.49M	20.99M	133.47M	51.77M
Tax	21.65M	16.74M	9.32M	6.35M	37.94M	10.46M
Net profit	133.93M	126.63M	23.17M	14.64M	95.54M	41.31M
Basic EPS	3	2	0	0	2	1
Diluted EPS	2.53	2.36	0.41	0.34	1.86	0.78

Balance sheet

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Total current assets	2.04B	2.10B	2.80B	3.06B	2.79B	2.65B	2.78B	2.74B
Cash & ST investments	425.62M	538.52M	445.85M	311.55M	441.23M	501.32M	586.60M	481.99M
Inventory	827.99M	716.31M	1.37B	1.75B	1.65B	1.37B	1.35B	1.42B
Total assets	5.66B	5.77B	6.65B	7.41B	7.26B	7.02B	7.07B	6.96B
Total current liabilities	1.45B	1.52B	1.79B	1.76B	1.72B	1.57B	1.58B	1.55B
Short-term debt	17.37M	13.82M	12.41M	13.19M	11.37M	32.65M	3.37M	2.81M
Long-term debt	1.89B	1.65B	1.59B	1.75B	1.29B	1.10B	919.61M	865.15M
Total liabilities	3,565,218,000.00	3,425,891,000.00	3,705,982,000.00	3,807,478,000.00	3,277,432,000.00	2,946,770,000.00	2,775,732,000.00	2,696,174,000.00
Total equity	2.10B	2.35B	2.95B	3.60B	3.98B	4.07B	4.29B	4.26B
Retained earnings	2.07B	2.20B	2.77B	3.81B	4.09B	4.25B	4.41B	4.48B

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Total current assets	2.84B	2.78B	2.72B	2.72B	2.89B	2.74B
Cash & ST investments	508.32M	586.60M	509.88M	242.18M	371.95M	481.99M
Inventory	1.35B	1.35B	1.46B	1.59B	1.53B	1.42B
Total assets	7.17B	7.07B	6.99B	7.02B	7.15B	6.96B
Total current liabilities	1.66B	1.58B	1.51B	1.54B	1.69B	1.55B
Short-term debt	5.44M	3.37M	2.83M	2.92M	2.87M	2.81M
Long-term debt	1.01B	919.61M	913.13M	877.77M	871.44M	865.15M
Total liabilities	2,946,159,000.00	2,775,732,000.00	2,692,113,000.00	2,694,135,000.00	2,842,300,000.00	2,696,174,000.00
Total equity	4.22B	4.29B	4.30B	4.32B	4.31B	4.26B
Retained earnings	4.31B	4.41B	4.40B	4.39B	4.46B	4.48B

Cash flow

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Operating cash flow	508.02M	540.94M	526.48M	990.12M	981.63M	545.55M	577.92M	321.22M
Depreciation & amortization	148.78M	196.17M	230.58M	284.45M	276.93M	277.15M	271.21M	266.36M
Free cash flow	377.80M	434.24M	397.65M	747.76M	773.44M	405.91M	454.94M	168.84M
Dividends paid	-84.14M	-88.32M	-90.80M	-94.94M	-95.97M	-102.14M	-106.13M	-108.77M
Stock buybacks / issuance	--	0	0	-165.11M	-42.01M	-68.39M	-52.65M	-115.13M
Ending cash balance	425.62M	538.52M	445.85M	311.55M	441.23M	501.32M	586.60M	481.99M

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Operating cash flow	257.67M	258.67M	-44.87M	-112.24M	234.15M	244.18M
Depreciation & amortization	66.17M	71.38M	66.04M	64.88M	65.95M	69.49M
Free cash flow	224.16M	220.74M	-76.45M	-140.68M	196.04M	189.93M
Dividends paid	-26.60M	-26.38M	--	--	-27.07M	-26.87M
Stock buybacks / issuance	0	-50.92M	-5.05M	-25.23M	-50.50M	-34.35M
Ending cash balance	508.32M	586.60M	509.88M	242.18M	371.95M	481.99M

Returns & efficiency

Line item	2019	2020	2021	2022	2023	2024	2025	2026
ROE %	6.63	10.13	25.18	34.93	9.89	6.60	6.19	4.15
ROA %	3.16	3.90	10.62	16.18	5.10	3.72	3.67	2.53
ROIC %	4.51	7.71	17.22	24.43	8.41	6.35	5.77	3.95
5-year avg ROE %	19.80	17.92	18.55	20.27	17.35	17.34	16.56	12.35
EBIT margin %	3.21	4.66	7.62	9.51	5.37	4.36	3.60	2.87
FCF / sales %	4.80	5.32	3.23	4.58	6.95	4.04	4.75	1.76
Current ratio	1.41	1.39	1.56	1.74	1.63	1.69	1.75	1.77
Quick ratio	0.79	0.89	0.78	0.72	0.63	0.77	0.82	0.76
Debt / assets	33.61	28.88	24.15	23.86	17.94	16.15	13.06	12.48
LT debt / equity	90.44	71.25	54.58	48.83	32.48	27.08	21.44	20.30
Interest coverage	3.71	3.54	9.95	17.00	6.12	4.93	7.11	7.48
Revenue CAGR (3Y) %	19.73	4.07	13.93	27.53	10.84	-6.58	-16.26	-4.76
Net income CAGR (3Y) %	-19.61	-15.85	15.33	104.38	18.84	-26.19	-38.98	-22.01
FCF CAGR (3Y) %	9.31	12.58	6.60	25.56	21.22	0.69	-15.27	-39.79

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
ROE %	5.42	6.19	6.76	7.26	6.15	4.15
ROA %	3.10	3.67	4.07	4.38	3.66	2.53
ROIC %	5.11	5.77	6.15	6.56	5.61	3.95
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	3.51	3.60	3.79	3.95	3.75	2.87
FCF / sales %	5.62	4.75	3.80	2.29	2.03	1.76
Current ratio	1.71	1.75	1.81	1.76	1.71	1.77
Quick ratio	0.82	0.82	0.77	0.66	0.74	0.76
Debt / assets	14.17	13.06	13.10	12.55	12.22	12.48
LT debt / equity	23.93	21.44	21.25	20.30	20.20	20.30
Interest coverage	5.93	7.11	8.81	9.88	9.66	7.48
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Diversified

European is the largest reported line at 34.31% of revenue, across 5 reported segments.
No single line clears half of revenue; North American Towables is next at 33.06%, spreading the business across more than one real driver.

Revenue breakdown most recent period

Business

European34.31%

North American Towables33.06%

North American Motorized25.55%

Other10.17%

Region

United States60.64%

Germany20.90%

Other Europe13.51%

Canada4.58%

Other Foreign0.36%

Quote time 2026-10-08 07:30:01 · For reference only, not investment advice and not tailored to your situation.