Thor Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Thor Industries
THO Stock  USD 81.80  1.21  1.50%   
Thor Industries financial statements provide useful quarterly and yearly information to potential Thor Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Thor Industries financial statements helps investors assess Thor Industries' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Thor Industries' valuation are summarized below:
Gross Profit
1.3 B
Profit Margin
0.0213
Market Capitalization
4.3 B
Enterprise Value Revenue
0.5207
Revenue
9.5 B
We have found one hundred twenty available fundamental trend indicators for Thor Industries, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Thor Industries' current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 18th of March 2025, Market Cap is likely to grow to about 5.3 B. Also, Enterprise Value is likely to grow to about 5.9 B

Thor Industries Total Revenue

12.13 Billion

Check Thor Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thor Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 334.7 M, Total Revenue of 12.1 B or Gross Profit of 1.8 B, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.0128 or PTB Ratio of 1.8. Thor financial statements analysis is a perfect complement when working with Thor Industries Valuation or Volatility modules.
  
Check out the analysis of Thor Industries Correlation against competitors.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.

Thor Industries Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets8.5 B8.1 B4.3 B
Slightly volatile
Other Current Liabilities1 B955.9 M430.3 M
Slightly volatile
Total Current Liabilities1.9 B1.8 B1.1 B
Slightly volatile
Total Stockholder Equity4.9 B4.7 B2.3 B
Slightly volatile
Property Plant And Equipment Net1.7 B1.6 B794.2 M
Slightly volatile
Retained Earnings5.1 B4.9 B2.4 B
Slightly volatile
Cash605.3 M576.5 M345.3 M
Slightly volatile
Non Current Assets Total5.3 B5 B2.6 B
Slightly volatile
Cash And Short Term Investments605.3 M576.5 M345.3 M
Slightly volatile
Net Receivables846.3 M806 M552.4 M
Slightly volatile
Common Stock Shares Outstanding57.6 M61.7 M54 M
Slightly volatile
Liabilities And Stockholders Equity8.5 B8.1 B4.3 B
Slightly volatile
Non Current Liabilities Total1.7 B1.6 B946.2 M
Slightly volatile
Inventory1.7 B1.6 B820.3 M
Slightly volatile
Other Current Assets101 M93.4 M220.6 M
Slightly volatile
Total Liabilities3.6 B3.4 B2 B
Slightly volatile
Total Current Assets3.2 B3 B1.8 B
Slightly volatile
Intangible Assets1 B990.3 M604.5 M
Slightly volatile
Short and Long Term Debt Total1.4 B1.3 B877.2 M
Slightly volatile
Short Term Debt39.4 M37.5 M12 M
Slightly volatile
Accounts Payable758.5 M722.4 M454.1 M
Slightly volatile
Good Will2.2 B2.1 B1 B
Slightly volatile
Property Plant And Equipment Gross2.6 B2.4 B1 B
Slightly volatile
Common Stock Total Equity5.8 M7.6 M6.1 M
Slightly volatile
Common Stock5.9 M7.7 M6.1 M
Slightly volatile
Other Liabilities277.9 M264.7 M151.3 M
Slightly volatile
Other Assets187.3 M178.4 M107.3 M
Slightly volatile
Property Plant Equipment1.7 B1.6 B795.5 M
Slightly volatile
Capital Surpluse354.7 M619.9 M349.5 M
Slightly volatile
Non Current Liabilities Other246.4 M234.7 M119.3 M
Slightly volatile
Short and Long Term Debt54.4 M29.4 M156 M
Slightly volatile
Net Invested Capital4.4 B6 B3.3 B
Slightly volatile
Cash And Equivalents418.2 M507.4 M335.5 M
Slightly volatile
Net Working Capital906.5 M1.2 B696.2 M
Slightly volatile
Capital Stock7.2 M7.7 M6.5 M
Slightly volatile

Thor Industries Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization334.7 M318.7 M139.4 M
Slightly volatile
Total Revenue12.1 B11.5 B7.7 B
Slightly volatile
Gross Profit1.8 B1.7 B1.1 B
Slightly volatile
Other Operating Expenses11.6 B11.1 B7.2 B
Slightly volatile
Operating Income511.8 M487.5 M472.6 M
Slightly volatile
EBIT528.1 M503 M473.4 M
Slightly volatile
EBITDA862.8 M821.7 M612.8 M
Slightly volatile
Cost Of Revenue10.4 B9.9 B6.6 B
Slightly volatile
Total Operating Expenses1.2 B1.2 B644.1 M
Slightly volatile
Income Before Tax227 M401.2 M423.2 M
Slightly volatile
Net Income161.4 M305.1 M311.2 M
Slightly volatile
Income Tax Expense65.6 M96 M112.1 M
Slightly volatile
Selling General Administrative988.3 M941.3 M529.5 M
Slightly volatile
Net Income Applicable To Common Shares242.3 M430.4 M332.7 M
Slightly volatile
Net Income From Continuing Ops377.6 M305.2 M332.6 M
Slightly volatile
Non Recurring11 M11.6 M27.6 M
Very volatile
Selling And Marketing Expenses93 M88.6 M40.3 M
Slightly volatile
Tax Provision156.1 M96 M127.1 M
Pretty Stable
Interest Income1.2 M1.3 M1.6 M
Pretty Stable
Reconciled Depreciation220.8 M318.7 M170.9 M
Slightly volatile

Thor Industries Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow532.8 M507.4 M319.7 M
Slightly volatile
Depreciation334.7 M318.7 M151.3 M
Slightly volatile
Dividends Paid123.3 M117.5 M82.4 M
Slightly volatile
Capital Expenditures168.6 M160.6 M106.2 M
Slightly volatile
Total Cash From Operating Activities658.7 M627.4 M454.2 M
Slightly volatile
Net Income174.2 M305.2 M311.8 M
Slightly volatile
End Period Cash Flow605.3 M576.5 M345.6 M
Slightly volatile
Stock Based Compensation45.8 M43.6 M20.1 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.450.510.615
Slightly volatile
Dividend Yield0.01280.01630.0193
Slightly volatile
PTB Ratio1.81.252.3166
Slightly volatile
Days Sales Outstanding20.322.9226.057
Pretty Stable
Book Value Per Share72.368.8640.919
Slightly volatile
Operating Cash Flow Per Share9.689.228.1247
Slightly volatile
Average Payables67.8 M86.5 M92.4 M
Pretty Stable
Stock Based Compensation To Revenue0.00360.00340.0021
Slightly volatile
Capex To Depreciation0.550.580.8822
Slightly volatile
PB Ratio1.81.252.3166
Slightly volatile
EV To Sales0.420.560.6324
Pretty Stable
ROIC0.05030.05290.1333
Slightly volatile
Inventory Turnover8.675.6610.4419
Slightly volatile
Net Income Per Share4.714.485.8028
Slightly volatile
Days Of Inventory On Hand39.8566.7739.4634
Slightly volatile
Payables Turnover18.515.7316.6094
Slightly volatile
Sales General And Administrative To Revenue0.0510.07330.0627
Slightly volatile
Average Inventory67.5 M78.7 M85.3 M
Slightly volatile
Research And Ddevelopement To Revenue0.00460.00440.0018
Slightly volatile
Capex To Revenue0.00860.01250.0121
Slightly volatile
Cash Per Share8.98.476.1326
Slightly volatile
POCF Ratio21.5111.9119.0223
Slightly volatile
Interest Coverage5.225.54.1 K
Slightly volatile
Payout Ratio0.210.350.3212
Pretty Stable
Capex To Operating Cash Flow0.40.290.4532
Slightly volatile
Days Payables Outstanding18.3224.0223.1174
Slightly volatile
Income Quality1.031.851.4495
Slightly volatile
ROE0.05580.05870.1604
Slightly volatile
EV To Operating Cash Flow19.413.2516.5292
Slightly volatile
PE Ratio19.9924.516.6622
Pretty Stable
Return On Tangible Assets0.10.05460.1401
Slightly volatile
Earnings Yield0.0580.04220.074
Very volatile
Intangibles To Total Assets0.360.340.3284
Slightly volatile
Current Ratio2.351.941.8357
Slightly volatile
Receivables Turnover16.4616.4814.3865
Pretty Stable
Graham Number87.4583.2869.816
Slightly volatile
Shareholders Equity Per Share72.1868.7540.8287
Slightly volatile
Debt To Equity0.230.250.3509
Pretty Stable
Capex Per Share2.482.361.8933
Slightly volatile
Average Receivables67.8 M127.5 M130.4 M
Very volatile
Revenue Per Share178170138
Slightly volatile
Interest Debt Per Share21.720.6614.6124
Slightly volatile
Debt To Assets0.110.150.1716
Very volatile
Enterprise Value Over EBITDA6.627.928.1868
Very volatile
Short Term Coverage Ratios23.4215.0433.2724
Slightly volatile
Price Earnings Ratio19.9924.516.6622
Pretty Stable
Operating Cycle49.2875.1863.9341
Slightly volatile
Price Book Value Ratio1.81.252.3166
Slightly volatile
Days Of Payables Outstanding18.3224.0223.1174
Slightly volatile
Dividend Payout Ratio0.210.350.3212
Pretty Stable
Price To Operating Cash Flows Ratio21.5111.9119.0223
Slightly volatile
Pretax Profit Margin0.0470.03130.0605
Slightly volatile
Ebt Per Ebit1.140.950.983
Pretty Stable
Operating Profit Margin0.04660.0380.0629
Slightly volatile
Effective Tax Rate0.390.280.3002
Slightly volatile
Company Equity Multiplier1.291.551.769
Pretty Stable
Long Term Debt To Capitalization0.160.190.2529
Pretty Stable
Total Debt To Capitalization0.160.20.2411
Very volatile
Return On Capital Employed0.08490.08940.1986
Slightly volatile
Debt Equity Ratio0.230.250.3509
Pretty Stable
Ebit Per Revenue0.04660.0380.0629
Slightly volatile
Quick Ratio1.520.941.1285
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.052.032.1923
Slightly volatile
Net Income Per E B T0.520.680.6926
Pretty Stable
Cash Ratio0.660.370.4441
Slightly volatile
Cash Conversion Cycle44.5165.3744.0356
Slightly volatile
Operating Cash Flow Sales Ratio0.03420.04890.0524
Slightly volatile
Days Of Inventory Outstanding39.8566.7739.4634
Slightly volatile
Days Of Sales Outstanding20.322.9226.057
Pretty Stable
Cash Flow Coverage Ratios0.530.555.512
Very volatile
Price To Book Ratio1.81.252.3166
Slightly volatile
Fixed Asset Turnover7.898.3114.9184
Slightly volatile
Capital Expenditure Coverage Ratio3.993.524.7296
Slightly volatile
Price Cash Flow Ratio21.5111.9119.0223
Slightly volatile
Enterprise Value Multiple6.627.928.1868
Very volatile
Debt Ratio0.110.150.1716
Very volatile
Cash Flow To Debt Ratio0.530.555.512
Very volatile
Price Sales Ratio0.450.510.615
Slightly volatile
Return On Assets0.03230.0340.0936
Slightly volatile
Asset Turnover2.881.652.2202
Slightly volatile
Net Profit Margin0.03030.02380.042
Slightly volatile
Gross Profit Margin0.150.170.1465
Pretty Stable
Price Fair Value1.81.252.3166
Slightly volatile
Return On Equity0.05580.05870.1604
Slightly volatile

Thor Industries Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.3 B5.1 B4.2 B
Slightly volatile
Enterprise Value5.9 B5.7 B4.7 B
Slightly volatile

Thor Fundamental Market Drivers

Forward Price Earnings22.2717
Cash And Short Term Investments501.3 M

Thor Upcoming Events

5th of March 2024
Upcoming Quarterly Report
View
4th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
23rd of September 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of July 2023
Last Financial Announcement
View

About Thor Industries Financial Statements

Thor Industries investors utilize fundamental indicators, such as revenue or net income, to predict how Thor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue93.4 M88.7 M
Total Revenue11.5 B12.1 B
Cost Of Revenue9.9 B10.4 B
Sales General And Administrative To Revenue 0.07  0.05 
Capex To Revenue 0.01  0.01 
Revenue Per Share 169.75  178.24 
Ebit Per Revenue 0.04  0.05 

Pair Trading with Thor Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thor Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thor Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Thor Stock

  0.65ZK ZEEKR IntelligentPairCorr
  0.65WKHS Workhorse GroupPairCorr
  0.46LI Li Auto Sell-off TrendPairCorr
The ability to find closely correlated positions to Thor Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thor Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thor Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thor Industries to buy it.
The correlation of Thor Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thor Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thor Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thor Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock:
How To Invest In Thor
Details
Is Thor Stock a good investment?
Details
What is Thor Industries' Net Worth?
Details
Largest Automobile Manufacturers Companies
View
Largest Automobiles & Components Companies
View
Check out the analysis of Thor Industries Correlation against competitors.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.001
Dividend Share
1.96
Earnings Share
3.77
Revenue Per Share
178.702
Quarterly Revenue Growth
(0.09)
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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