Stocks · Consumer discretionary · Motor Homes

THOR INDUSTRIES INC

THO Clue Score44
United States Fiscal year ends July CIK 0000730263
$63.87 -3.39% Close, 9 Oct 2026
Price $63.87 −48.61% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2017Revenue7.25Net income0.37EPS, diluted7.09Fiscal year 2018Revenue8.33 +14.9%Net income0.43 +14.9%EPS, diluted8.14 +14.8%Fiscal year 2019Revenue7.86 −5.6%Net income0.13 −69.0%EPS, diluted2.47 −69.7%Fiscal year 2020Revenue8.17 +3.9%Net income0.22 +67.3%EPS, diluted4.02 +62.8%Fiscal year 2021Revenue12.32 +50.8%Net income0.66 +195.9%EPS, diluted11.85 +194.8%Fiscal year 2022Revenue16.31 +32.4%Net income1.14 +72.4%EPS, diluted20.59 +73.8%Fiscal year 2023Revenue11.12 −31.8%Net income0.37 −67.1%EPS, diluted6.95 −66.2%Fiscal year 2024Revenue10.04 −9.7%Net income0.27 −29.1%EPS, diluted4.94 −28.9%Fiscal year 2025Revenue9.58 −4.6%Net income0.26 −2.5%EPS, diluted4.84 −2.0%Fiscal year 2026Revenue9.61 +0.3%Net income0.18 −31.3%EPS, diluted3.38 −30.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 7.25 8.33 7.86 8.17 12.32 16.31 11.12 10.04 9.58 9.61
Growth +14.9% −5.6% +3.9% +50.8% +32.4% −31.8% −9.7% −4.6% +0.3%
Net income 0.37 0.43 0.13 0.22 0.66 1.14 0.37 0.27 0.26 0.18
Growth +14.9% −69.0% +67.3% +195.9% +72.4% −67.1% −29.1% −2.5% −31.3%
EPS, diluted 7.09 8.14 2.47 4.02 11.85 20.59 6.95 4.94 4.84 3.38
Growth +14.8% −69.7% +62.8% +194.8% +73.8% −66.2% −28.9% −2.0% −30.2%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginNet margin
Fiscal year 2017Gross margin14.4%Net margin5.2%Free cash flow margin4.2%Fiscal year 2018Gross margin14.0%Net margin5.2%Free cash flow margin3.9%Fiscal year 2019Gross margin12.4%Net margin1.7%Free cash flow margin4.8%Fiscal year 2020Gross margin13.7%Net margin2.7%Free cash flow margin5.3%Fiscal year 2021Gross margin15.4%Net margin5.4%Free cash flow margin3.2%Fiscal year 2022Gross margin17.2%Net margin7.0%Free cash flow margin4.6%Fiscal year 2023Gross margin14.4%Net margin3.4%Free cash flow margin6.9%Fiscal year 2024Gross margin14.5%Net margin2.6%Free cash flow margin4.0%Fiscal year 2025Gross margin14.0%Net margin2.7%Free cash flow margin4.8%Fiscal year 2026Gross margin12.6%Net margin1.8%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 14.4% 14.0% 12.4% 13.7% 15.4% 17.2% 14.4% 14.5% 14.0% 12.6%
Net margin 5.2% 5.2% 1.7% 2.7% 5.4% 7.0% 3.4% 2.6% 2.7% 1.8%
Free cash flow margin 4.2% 3.9% 4.8% 5.3% 3.2% 4.6% 6.9% 4.0% 4.8% n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow0.42Capital expenditure−0.12Free cash flow0.30Dividends paid−0.07Fiscal year 2018Operating cash flow0.47Capital expenditure−0.14Free cash flow0.33 +7.9%Dividends paid−0.08Fiscal year 2019Operating cash flow0.51Capital expenditure−0.13Free cash flow0.38 +16.0%Dividends paid−0.08Fiscal year 2020Operating cash flow0.54Capital expenditure−0.11Free cash flow0.44 +14.3%Buybacks0.00Fiscal year 2021Operating cash flow0.53Capital expenditure−0.13Free cash flow0.39 −9.3%Buybacks0.00Fiscal year 2022Operating cash flow0.99Capital expenditure−0.24Free cash flow0.75 +89.9%Buybacks−0.17Fiscal year 2023Operating cash flow0.98Capital expenditure−0.21Free cash flow0.77 +3.1%Buybacks−0.04Fiscal year 2024Operating cash flow0.55Capital expenditure−0.14Free cash flow0.41 −47.5%Buybacks−0.07Fiscal year 2025Operating cash flow0.58Capital expenditure−0.12Free cash flow0.46 +12.4%Buybacks−0.05Fiscal year 2026Operating cash flow0.32Buybacks−0.12
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 0.42 0.47 0.51 0.54 0.53 0.99 0.98 0.55 0.58 0.32
Capital expenditure −0.12 −0.14 −0.13 −0.11 −0.13 −0.24 −0.21 −0.14 −0.12 n/a
Free cash flow 0.30 0.33 0.38 0.44 0.39 0.75 0.77 0.41 0.46 n/a
Growth +7.9% +16.0% +14.3% −9.3% +89.9% +3.1% −47.5% +12.4%
Buybacks n/a n/a n/a 0.00 0.00 −0.17 −0.04 −0.07 −0.05 −0.12
Dividends paid −0.07 −0.08 −0.08 n/a n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.22Shareholders’ equity1.58Fiscal year 2018Cash0.28Shareholders’ equity1.94Fiscal year 2019Cash0.43Total debt1.90Net cash (debt)−1.48Shareholders’ equity2.08Debt to equity0.91Fiscal year 2020Cash0.54Total debt1.67Net cash (debt)−1.13Shareholders’ equity2.32Debt to equity0.72Fiscal year 2021Cash0.45Total debt1.61Net cash (debt)−1.16Shareholders’ equity2.92Debt to equity0.55Fiscal year 2022Cash0.31Total debt1.77Net cash (debt)−1.46Shareholders’ equity3.59Debt to equity0.49Fiscal year 2023Cash0.44Total debt1.30Net cash (debt)−0.86Shareholders’ equity3.98Debt to equity0.33Fiscal year 2024Cash0.50Total debt1.13Net cash (debt)−0.63Shareholders’ equity4.07Debt to equity0.28Fiscal year 2025Cash0.59Total debt0.92Net cash (debt)−0.34Shareholders’ equity4.29Debt to equity0.22Fiscal year 2026Cash0.48Total debt0.87Net cash (debt)−0.39Shareholders’ equity4.26Debt to equity0.20
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 0.22 0.28 0.43 0.54 0.45 0.31 0.44 0.50 0.59 0.48
Total debt n/a n/a 1.90 1.67 1.61 1.77 1.30 1.13 0.92 0.87
Net cash (debt) n/a n/a −1.48 −1.13 −1.16 −1.46 −0.86 −0.63 −0.34 −0.39
Shareholders’ equity 1.58 1.94 2.08 2.32 2.92 3.59 3.98 4.07 4.29 4.26
Debt to equity n/a n/a 0.91 0.72 0.55 0.49 0.33 0.28 0.22 0.20

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending July, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Jul 2017 FY2018 31 Jul 2018 FY2019 31 Jul 2019 FY2020 31 Jul 2020 FY2021 31 Jul 2021 FY2022 31 Jul 2022 FY2023 31 Jul 2023 FY2024 31 Jul 2024 FY2025 31 Jul 2025 FY2026 31 Jul 2026
Operations
0.42 0.47 0.51 0.54 0.53 0.99 0.98 0.55 0.58 0.32
Growth +11.3% +8.9% +6.5% −2.7% +88.1% −0.9% −44.4% +5.9% −44.4%
0.10 0.09 0.15 0.20 0.23 0.28 0.28 0.28 0.27 0.27
Investment
−0.12 −0.14 −0.13 −0.11 −0.13 −0.24 −0.21 −0.14 −0.12 n/a
calc 0.30 0.33 0.38 0.44 0.39 0.75 0.77 0.41 0.46 n/a
Growth +7.9% +16.0% +14.3% −9.3% +89.9% +3.1% −47.5% +12.4%
calc 5.77 6.21 7.05 7.85 7.09 13.56 14.35 7.56 8.55 n/a
−0.12 −0.18 −1.87 −0.08 −0.43 −1.05 −0.22 −0.15 −0.06 −0.13
Financing
−0.29 −0.23 1.54 −0.39 −0.19 −0.05 −0.64 −0.34 −0.43 −0.30
−0.07 −0.08 −0.08 n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a 0.00 0.00 −0.17 −0.04 −0.07 −0.05 −0.12

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.