THO
Thor Industries Inc
NYSE: THO · CONSUMER CYCLICAL · RECREATIONAL VEHICLES
$77.75
-0.69% today
Updated 2026-04-29
Market cap
$4.09B
P/E ratio
13.81
P/S ratio
0.41x
EPS (TTM)
$5.63
Dividend yield
2.61%
52W range
$72 – $122
Volume
0.8M
Thor Industries Inc (THO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.07B | $2.86B | $2.64B | $1.52B | $2.28B | $2.76B | $3.08B | $3.24B | $3.53B | $4.01B | $4.58B | $7.25B | $8.33B | $7.86B | $8.17B | $12.32B | $16.31B | $11.12B | $10.04B | $9.58B |
| Revenue growth (YoY) | — | -6.8% | -7.5% | -42.4% | +49.6% | +21.0% | +11.9% | +5.1% | +8.8% | +13.7% | +14.4% | +58.2% | +14.9% | -5.6% | +3.9% | +50.8% | +32.4% | -31.8% | -9.7% | -4.6% |
| Cost of revenue | $2.62B | $2.49B | $2.31B | $1.37B | $1.97B | $2.44B | $2.74B | $2.83B | $3.07B | $3.47B | $3.89B | $6.27B | $6.96B | $6.98B | $7.16B | $10.56B | $13.32B | $9.67B | $8.46B | $8.38B |
| Gross profit | $445.77M | $362.36M | $329.59M | $150.33M | $305.74M | $319.85M | $342.47M | $411.30M | $454.93M | $539.17M | $694.55M | $973.95M | $1.36B | $888.98M | $1.01B | $1.76B | $2.99B | $1.46B | $1.59B | $1.20B |
| Gross margin | 14.5% | 12.7% | 12.5% | 9.9% | 13.4% | 11.6% | 11.1% | 12.7% | 12.9% | 13.5% | 15.2% | 13.4% | 16.4% | 11.3% | 12.3% | 14.3% | 18.3% | 13.1% | 15.8% | 12.5% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.58M | $2.01M | $9.38M | $19.12M | $26.77M | $39.00M | $36.59M | $49.38M | $48.58M |
| SG&A | $183.93M | $177.70M | $177.07M | $124.58M | $147.41M | $180.86M | $169.15M | $185.86M | $199.22M | $238.38M | $291.80M | $394.85M | $450.57M | $497.40M | $567.10M | $825.28M | $1.06B | $803.88M | $818.50M | $837.52M |
| Operating income | $260.89M | $184.66M | $152.52M | $27.48M | $162.81M | $143.84M | $176.49M | $220.28M | $248.76M | $290.64M | $392.09M | $559.81M | $632.10M | $361.28M | $387.24M | $907.87M | $1.53B | $585.04M | $424.85M | $299.62M |
| Operating margin | 8.5% | 6.5% | 5.8% | 1.8% | 7.2% | 5.2% | 5.7% | 6.8% | 7.1% | 7.3% | 8.6% | 7.7% | 7.6% | 4.6% | 4.7% | 7.4% | 9.4% | 5.3% | 4.2% | 3.1% |
| EBITDA | $273.19M | $198.57M | $169.54M | $40.97M | $176.04M | $167.85M | $201.47M | $242.53M | $274.04M | $322.02M | $444.67M | $658.07M | $725.33M | $510.06M | $583.41M | $1.14B | $1.82B | $861.96M | $701.99M | $570.83M |
| EBITDA margin | 8.9% | 7.0% | 6.4% | 2.7% | 7.7% | 6.1% | 6.5% | 7.5% | 7.8% | 8.0% | 9.7% | 9.1% | 8.7% | 6.5% | 7.1% | 9.2% | 11.1% | 7.8% | 7.0% | 6.0% |
| EBIT | $259.14M | $184.66M | $152.52M | $27.48M | $162.81M | $143.84M | $176.49M | $220.28M | $248.76M | $290.64M | $392.09M | $559.81M | $632.10M | $361.28M | $387.24M | $907.87M | $1.53B | $585.04M | $424.85M | $299.62M |
| Interest expense | $0.00 | $0.00 | $0.00 | $525000.00 | $395000.00 | $212000.00 | $560000.00 | $6000.00 | $10000.00 | $180000.00 | $1.59M | $9.73M | $5.19M | $68.11M | $107.32M | $94.34M | $91.22M | $97.45M | $88.67M | $48.44M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $172.46M | $134.73M | $92.71M | $17.14M | $110.06M | $106.27M | $121.74M | $152.86M | $179.00M | $199.38M | $256.52M | $374.25M | $430.15M | $133.28M | $222.97M | $659.87M | $1.14B | $374.27M | $265.31M | $258.56M |
| Net income growth (YoY) | — | -21.9% | -31.2% | -81.5% | +542.0% | -3.4% | +14.6% | +25.6% | +17.1% | +11.4% | +28.7% | +45.9% | +14.9% | -69.0% | +67.3% | +195.9% | +72.4% | -67.1% | -29.1% | -2.5% |
| Profit margin | 5.6% | 4.7% | 3.5% | 1.1% | 4.8% | 3.9% | 3.9% | 4.7% | 5.1% | 5.0% | 5.6% | 5.2% | 5.2% | 1.7% | 2.7% | 5.4% | 7.0% | 3.4% | 2.6% | 2.7% |