Thor Industries Financials

THO Stock  USD 111.60  0.47  0.42%   
Based on the key indicators related to Thor Industries' liquidity, profitability, solvency, and operating efficiency, Thor Industries is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Thor Industries' Retained Earnings are very stable compared to the past year. As of the 30th of November 2024, Cash is likely to grow to about 526.4 M, though Other Stockholder Equity is likely to grow to (95.3 M). Key indicators impacting Thor Industries' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.03030.0264
Fairly Up
Pretty Stable
Return On Assets0.03590.0378
Notably Down
Slightly volatile
Return On Equity0.130.0652
Way Up
Slightly volatile
Debt Equity Ratio0.250.2788
Moderately Down
Pretty Stable
Operating Income532.4 M507.1 M
Sufficiently Up
Slightly volatile
Current Ratio2.351.6911
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Thor Industries includes many different criteria found on its balance sheet. An individual investor should monitor Thor Industries' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Thor Industries.

Cash And Equivalents

418.2 Million

  
Understanding current and past Thor Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Thor Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Thor Industries' assets may result in an increase in income on the income statement.

Thor Industries Stock Summary

Thor Industries competes with Marine Products, Malibu Boats, Brunswick, LCI Industries, and BRP. THOR Industries, Inc. designs, manufactures, and sells recreational vehicles , and related parts and accessories in the United States, Canada, and Europe. THOR Industries, Inc. was incorporated in 1980 and is based in Elkhart, Indiana. Thor Industries operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. It employs 32000 people.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8851601018
CUSIP885160101
LocationIndiana; U.S.A
Business Address601 E Beardsley
SectorAutomobiles
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.thorindustries.com
Phone574 970 7460
CurrencyUSD - US Dollar

Thor Industries Key Financial Ratios

Thor Industries Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.8B6.7B7.4B7.3B7.0B7.4B
Other Current Liab35.9M25.7M920.3M912.8M831.3M872.8M
Net Debt1.1B1.1B1.4B861.4M632.6M664.2M
Retained Earnings2.2B2.8B3.8B4.1B4.3B4.5B
Cash541.4M445.9M311.7M441.2M501.3M526.4M
Net Receivables814.2M949.9M944.2M643.2M700.9M735.9M
Inventory716.3M1.4B1.8B1.7B1.4B1.4B
Other Current Assets30.4M38.4M52.0M56.1M81.2M101.0M
Total Liab3.4B3.7B3.8B3.3B2.9B3.1B
Total Current Assets2.1B2.8B3.1B2.8B2.7B2.8B
Intangible Assets914.7M937.2M1.1B997.0M861.1M904.2M
Short Term Debt13.8M12.4M13.2M11.4M32.7M34.3M
Accounts Payable636.5M915.0M822.4M736.3M628.1M659.5M
Good Will1.5B1.6B1.8B1.8B1.8B1.9B
Common Stock6.5M6.6M6.6M6.6M6.7M5.9M
Other Liab224.6M316.4M259.0M230.1M264.7M277.9M
Other Assets170.3M165.0M165.9M155.1M178.4M187.3M
Treasury Stock(348.1M)(351.9M)(360.2M)(543.3M)(489.0M)(464.6M)
Net Tangible Assets(71.5M)421.4M3.6B1.2B1.4B1.4B
Long Term Debt1.7B1.6B1.8B1.3B1.1B769.8M
Capital Surpluse436.8M460.5M497.9M539.0M619.9M354.7M

Thor Industries Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue8.2B12.3B16.3B11.1B10.0B10.5B
Gross Profit1.1B1.9B2.8B1.6B1.5B1.5B
Operating Income180.9M938.9M1.5B596.8M507.1M532.4M
Ebit180.9M907.9M1.5B585.5M437.4M237.4M
Ebitda377.1M1.1B1.8B862.4M714.5M750.2M
Cost Of Revenue7.0B10.4B13.5B9.5B8.6B9.0B
Income Before Tax272.9M844.6M1.5B499.4M348.8M227.0M
Net Income223.0M659.9M1.1B374.3M265.3M161.4M
Income Tax Expense51.5M183.7M321.6M125.1M83.4M65.6M
Interest Expense104.2M94.3M91.2M97.4M88.7M93.1M
Research Development19.1M26.8M39.0M36.6M49.4M51.8M
Tax Provision51.5M183.7M321.6M125.1M83.4M156.1M
Net Interest Income(104.2M)(93.5M)(90.1M)(97.4M)(88.7M)(93.1M)
Interest Income8.1M3.1M797K1.1M1.3M1.2M
Minority Interest25.8M26.3M439K31K(92K)(87.4K)

Thor Industries Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory133.3M(538.8M)(381.5M)110.0M236.9M248.8M
Change In Cash87.3M(95.5M)(137.2M)129.7M60.1M63.1M
Free Cash Flow434.2M397.6M747.9M773.4M405.9M426.2M
Depreciation196.2M230.6M284.5M276.9M277.1M291.0M
Dividends Paid88.3M90.8M94.9M96.0M(102.1M)(97.0M)
Capital Expenditures106.7M128.8M242.4M208.2M139.6M146.6M
Net Income221.4M660.9M1.1B374.2M265.4M174.2M
End Period Cash Flow538.5M445.9M311.6M441.2M501.3M526.4M
Other Non Cash Items24.8M16.5M3.8M8.1M8.7M6.2M
Investments(84.2M)(428.5M)(1.0B)(222.5M)(146.8M)(154.2M)
Change Receivables(2.4M)136.1M(115.2M)39.2M45.1M47.4M
Change To Netincome22.7M22.6M(28.0M)1.7M1.9M1.8M
Net Borrowings(15.7M)(73.6M)581.1M(515.5M)(464.0M)(440.8M)

Thor Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Thor Industries's current stock value. Our valuation model uses many indicators to compare Thor Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thor Industries competition to find correlations between indicators driving Thor Industries's intrinsic value. More Info.
Thor Industries is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.56  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thor Industries is roughly  1.78 . At this time, Thor Industries' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thor Industries' earnings, one of the primary drivers of an investment's value.

Thor Industries Systematic Risk

Thor Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thor Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Thor Industries correlated with the market. If Beta is less than 0 Thor Industries generally moves in the opposite direction as compared to the market. If Thor Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thor Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thor Industries is generally in the same direction as the market. If Beta > 1 Thor Industries moves generally in the same direction as, but more than the movement of the benchmark.

Thor Industries Thematic Clasifications

Thor Industries is part of several thematic ideas from Cars to Automobiles and Trucks. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Thor Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Thor Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Thor Industries growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.69)

At this time, Thor Industries' Price Earnings To Growth Ratio is very stable compared to the past year.

Thor Industries November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Thor Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thor Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thor Industries based on widely used predictive technical indicators. In general, we focus on analyzing Thor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thor Industries's daily price indicators and compare them against related drivers.
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:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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
1.92
Earnings Share
4.95
Revenue Per Share
188.614
Quarterly Revenue Growth
(0.07)
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.
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.