Thor Industries (THO)

NYSE Consumer Discretionary Leisure Products S&P MidCap 400

$80.77

-1.56 (-1.89%)

Close of Nov 06, 2026 · end-of-day data

Source: Thor Industries's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$7.25B	$8.33B	$7.86B	$8.17B	$12.32B	$16.31B	$11.12B	$10.04B	$9.58B	$9.61B
Cost of revenue	$6.20B	$7.16B	$6.89B	$7.05B	$10.42B	$13.51B	$9.53B	$8.59B	$8.24B	$8.40B
Gross profit	$1.04B	$1.16B	$973.09M	$1.12B	$1.89B	$2.81B	$1.60B	$1.45B	$1.34B	$1.21B
Research & development	$2.58M	$2.01M	$9.38M	—	—	—	—	$49.38M	$48.58M	$41.58M
Selling, general & admin	$419.85M	$477.44M	$536.04M	$634.12M	$869.92M	$1.12B	$870.05M	$895.53M	$922.55M	$903.40M
Interest expense	$9.73M	$5.19M	$68.11M	$107.32M	$93.55M	$90.09M	$97.45M	$99.97M	$61.22M	$45.26M
Pre-tax income	$556.39M	$633.03M	$184.67M	$272.90M	$844.58M	$1.46B	$499.35M	$348.84M	$296.19M	$238.72M
Income tax	$182.13M	$202.88M	$52.20M	$51.51M	$183.71M	$321.62M	$125.11M	$83.44M	$39.60M	$64.07M
Net income	$374.25M	$430.15M	$133.28M	$222.97M	$659.87M	$1.14B	$374.27M	$265.31M	$258.56M	$177.54M
EPS (basic)	$7.12	$8.17	$2.47	$4.04	$11.93	$20.67	$7.00	$4.98	$4.87	$3.39
EPS (diluted)	$7.09	$8.14	$2.47	$4.02	$11.85	$20.59	$6.95	$4.94	$4.84	$3.38
Diluted shares	52.76M	52.85M	54.03M	55.40M	55.69M	55.26M	53.86M	53.69M	53.40M	52.56M
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%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$223.26M	$275.25M	$425.62M	$538.52M	$445.85M	$311.55M	$441.23M	$501.32M	$586.60M	$481.99M
Receivables	$453.75M	$467.49M	$478.53M	$588.07M	$796.49M	$848.81M	$543.87M	$502.30M	$541.71M	$486.75M
Inventory	$460.49M	$537.91M	$827.99M	$716.30M	$1.37B	$1.75B	$1.65B	$1.37B	$1.35B	$1.42B
Total current assets	$1.18B	$1.31B	$2.04B	$2.10B	$2.80B	$3.06B	$2.79B	$2.65B	$2.78B	$2.74B
Goodwill	$377.69M	$377.69M	$1.36B	$1.48B	$1.56B	$1.80B	$1.80B	$1.79B	$1.84B	$1.92B
Total assets	$2.56B	$2.78B	$5.66B	$5.77B	$6.65B	$7.41B	$7.26B	$7.02B	$7.07B	$6.96B
Total current liabilities	$781.05M	$769.33M	$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	$865.14M
Total debt	—	—	$1.90B	$1.67B	$1.61B	$1.77B	$1.30B	$1.13B	$922.98M	$867.96M
Total liabilities	$981.39M	$840.92M	$3.58B	$3.45B	$3.73B	$3.82B	$3.28B	$2.95B	$2.78B	$2.69B
Shareholders' equity	$1.58B	$1.94B	$2.08B	$2.32B	$2.92B	$3.59B	$3.98B	$4.07B	$4.29B	$4.26B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$419.33M	$466.51M	$508.02M	$540.94M	$526.48M	$990.12M	$981.63M	$545.55M	$577.92M	$321.22M
Capital expenditures	$115.03M	$138.20M	$127.25M	$105.82M	$131.68M	$240.56M	$208.91M	$139.62M	$121.62M	—
Free cash flow	$304.31M	$328.31M	$380.77M	$435.12M	$394.80M	$749.55M	$772.73M	$405.93M	$456.31M	$321.22M
Investing cash flow	-$116.66M	-$183.49M	-$1.87B	-$84.25M	-$428.49M	-$1.05B	-$222.48M	-$146.81M	-$64.47M	-$125.44M
Financing cash flow	-$289.32M	-$231.02M	$1.54B	-$392.92M	-$188.44M	-$47.84M	-$635.68M	-$337.68M	-$426.31M	-$296.62M
Dividends paid	$69.41M	$77.99M	$84.14M	—	—	—	—	—	—	—
Share buybacks	—	—	—	$0	$0	$165.11M	$42.01M	$68.39M	$52.65M	$115.13M
Stock-based compensation	$12.50M	$17.00M	$18.95M	$19.89M	$30.51M	$31.42M	$39.51M	$37.90M	$30.87M	$26.58M
Depreciation & amortization	$98.26M	$93.22M	$148.78M	$196.17M	$230.58M	$284.45M	$276.93M	$277.14M	$271.21M	$266.36M

Income statement

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Revenue	$2.50B	$2.21B	$2.80B	$2.53B	$2.14B	$2.02B	$2.89B	$2.52B	$2.39B	$2.13B	$2.78B	$2.31B
Cost of revenue	$2.14B	$1.94B	$2.38B	$2.13B	$1.86B	$1.77B	$2.45B	$2.15B	$2.07B	$1.87B	$2.43B	$2.03B
Gross profit	$357.93M	$270.85M	$421.85M	$401.33M	$281.44M	$245.20M	$443.12M	$370.88M	$320.97M	$251.25M	$354.77M	$285.63M
Selling, general & admin	$217.90M	$220.12M	$226.51M	$231.00M	$240.20M	$206.22M	$238.27M	$237.86M	$254.03M	$212.02M	$230.93M	$206.42M
Interest expense	$23.20M	$7.57M	$24.37M	$21.86M	$17.59M	$15.45M	$14.02M	$14.16M	$11.91M	$11.72M	$10.80M	$10.84M
Pre-tax income	$72.58M	$6.89M	$142.35M	$127.02M	-$1.16M	-$1.60M	$155.58M	$143.37M	$32.49M	$20.99M	$133.47M	$51.77M
Income tax	$17.55M	$1.57M	$28.77M	$35.55M	-$283.00K	$1.49M	$21.65M	$16.74M	$9.32M	$6.35M	$37.94M	$10.46M
Net income	$53.56M	$7.22M	$114.51M	$90.02M	-$1.83M	-$551.00K	$135.19M	$125.76M	$21.67M	$17.80M	$97.23M	$40.84M
EPS (basic)	$1.01	$0.14	$2.15	$1.69	$-0.03	$-0.01	$2.54	$2.37	$0.41	$0.34	$1.86	$0.79
EPS (diluted)	$0.99	$0.13	$2.13	$1.68	$-0.03	$-0.01	$2.53	$2.35	$0.41	$0.34	$1.86	$0.79
Diluted shares	53.85M	53.65M	53.72M	-54.77K	52.97M	53.21M	53.43M	-38.79K	52.98M	52.84M	52.40M	-180.50K
Gross margin	14.3%	12.3%	15.1%	15.8%	13.1%	12.1%	15.3%	14.7%	13.4%	11.8%	12.8%	12.4%
Net margin	2.1%	0.3%	4.1%	3.6%	-0.1%	-0.0%	4.7%	5.0%	0.9%	0.8%	3.5%	1.8%

Balance sheet

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Cash & equivalents	$425.83M	$340.19M	$371.82M	$501.32M	$445.22M	$373.82M	$508.32M	$586.60M	$509.88M	$242.18M	$371.95M	$481.99M
Receivables	$548.80M	$534.40M	$642.57M	$502.30M	$516.42M	$535.14M	$717.81M	$541.71M	$556.55M	$632.44M	$707.05M	$486.75M
Inventory	$1.71B	$1.78B	$1.58B	$1.37B	$1.37B	$1.38B	$1.35B	$1.35B	$1.46B	$1.59B	$1.53B	$1.42B
Total current assets	$2.81B	$2.84B	$2.87B	$2.65B	$2.53B	$2.52B	$2.84B	$2.78B	$2.72B	$2.72B	$2.89B	$2.74B
Goodwill	$1.77B	$1.79B	$1.78B	$1.79B	$1.79B	$1.75B	$1.83B	$1.84B	$1.85B	$1.88B	$1.87B	$1.92B
Total assets	$7.17B	$7.23B	$7.22B	$7.02B	$6.87B	$6.71B	$7.17B	$7.07B	$6.99B	$7.02B	$7.15B	$6.96B
Total current liabilities	$1.72B	$1.63B	$1.74B	$1.57B	$1.48B	$1.47B	$1.66B	$1.58B	$1.51B	$1.54B	$1.69B	$1.55B
Short-term debt	$10.95M	$17.23M	$35.49M	$32.65M	$32.21M	$27.74M	$5.44M	$3.37M	$2.83M	$2.92M	$2.87M	$2.81M
Long-term debt	$1.27B	$1.39B	$1.21B	$1.10B	$1.04B	$1.00B	$1.01B	$919.61M	$913.13M	$877.77M	$871.44M	$865.14M
Total debt	$1.28B	$1.41B	$1.24B	$1.13B	$1.08B	$1.03B	$1.02B	$922.98M	$915.96M	$880.69M	$874.31M	$867.96M
Total liabilities	$3.26B	$3.29B	$3.21B	$2.95B	$2.82B	$2.76B	$2.95B	$2.78B	$2.69B	$2.69B	$2.84B	$2.69B
Shareholders' equity	$3.92B	$3.94B	$4.00B	$4.07B	$4.05B	$3.95B	$4.22B	$4.29B	$4.30B	$4.32B	$4.31B	$4.26B

Cash flow

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Operating cash flow	$59.67M	-$103.87M	$251.73M	$338.02M	$30.74M	$30.84M	$257.67M	$258.67M	-$44.87M	-$112.24M	$234.15M	$244.18M
Capital expenditures	$40.19M	$36.36M	$26.34M	$36.72M	$24.35M	$25.01M	$35.16M	$37.10M	$29.92M	$32.96M	—	—
Free cash flow	$19.48M	-$140.23M	$225.39M	$301.29M	$6.39M	$5.84M	$222.50M	$221.58M	-$74.78M	-$145.21M	$234.15M	$244.18M
Investing cash flow	-$51.06M	-$29.88M	-$21.95M	-$43.92M	-$25.34M	-$9.12M	-$32.88M	$2.88M	-$20.76M	-$10.45M	-$30.03M	-$64.21M
Financing cash flow	-$19.15M	$45.91M	-$200.08M	-$164.35M	-$64.62M	-$102.39M	-$77.08M	-$182.22M	-$13.48M	-$135.97M	-$79.62M	-$67.55M
Dividends paid	—	—	$25.59M	—	—	—	—	—	—	—	—	—
Share buybacks	$30.04M	$0	$13.00M	$25.35M	$0	$1.73M	$0	$50.92M	$5.05M	$25.23M	$50.50M	$34.35M
Stock-based compensation	$10.45M	$9.25M	$9.35M	$8.85M	$10.54M	$8.07M	$8.19M	$4.07M	$10.95M	$7.95M	$6.70M	$979.00K
Depreciation & amortization	$67.28M	$68.12M	$68.15M	$73.60M	$67.66M	$65.99M	$66.17M	$71.38M	$66.03M	$64.88M	$65.95M	$69.49M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.