Thor Industries Inc (THO) Financial Statements
Industry: Motor Homes
In fiscal 2026, Thor Industries reported revenue of $9.61B, up 0.3% from $9.58B the year before. Net income was $177.5M (a 1.8% net margin), or $3.38 per diluted share. Gross margin was 12.6% and operating margin was 2.8%. Operating activities generated $321.2M of cash. At fiscal year end, Thor Industries held $6.96B in total assets against $2.69B in total liabilities, including $482.0M of cash and equivalents.
Open the full interactive Thor Industries financials → Quarterly statements, key ratios, valuation history and price charts.
Thor Industries Key Stats
| Share Price | $65.23 |
|---|---|
| Market Cap | $3.43B |
| P/E Ratio | 19.3 |
| Revenue YoY Growth | +0.3% |
| 52-Week Range | $63.87 – $118.70 |
| Shares Outstanding | 52.4 million (basic, 2026 Q4) |
Thor Industries Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $12.32B | $16.31B | $11.12B | $10.04B | $9.58B | $9.61B |
| Cost of Goods Sold | $10.42B | $13.51B | $9.53B | $8.59B | $8.24B | $8.40B |
| Gross Profit | $1.89B | $2.81B | $1.60B | $1.45B | $1.34B | $1.21B |
| Operating Income | $1.03B | $1.69B | $726.3M | $556.4M | $418.1M | $267.7M |
| Pre-Tax Income | $844.6M | $1.46B | $499.4M | $348.8M | $296.2M | $238.7M |
| Income Tax | $183.7M | $321.6M | $125.1M | $83.4M | $39.6M | $64.1M |
| Net Income | $659.9M | $1.14B | $374.3M | $265.3M | $258.6M | $177.5M |
| Diluted EPS | $11.85 | $20.59 | $6.95 | $4.94 | $4.84 | $3.38 |
Thor Industries Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $2.39B | $2.13B | $2.78B | $2.31B |
| Net Income | $21.7M | $17.8M | $97.2M | $40.8M |
| Diluted EPS | $0.41 | $0.34 | $1.86 | $0.78 |
Thor Industries Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $445.9M | $311.6M | $441.2M | $501.3M | $586.6M | $482.0M |
| Current Assets | $2.80B | $3.06B | $2.79B | $2.65B | $2.78B | $2.74B |
| Total Assets | $6.65B | $7.41B | $7.26B | $7.02B | $7.07B | $6.96B |
| Current Liabilities | $1.79B | $1.76B | $1.72B | $1.57B | $1.58B | $1.55B |
| Total Long-Term Debt | $1.61B | $1.77B | $1.30B | $1.13B | $923.0M | $868.0M |
| Total Liabilities | $3.73B | $3.82B | $3.28B | $2.95B | $2.78B | $2.69B |
| Shareholders' Equity | $2.92B | $3.59B | $3.98B | $4.07B | $4.29B | $4.26B |
Thor Industries Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $526.5M | $990.3M | $981.6M | $545.5M | $577.9M | $321.2M |
| Cash From Investing | -$428.5M | -$1.05B | -$222.5M | -$146.8M | -$64.5M | -$125.4M |
| Cash From Financing | -$188.4M | -$47.8M | -$635.7M | -$337.7M | -$426.3M | -$296.6M |
| Free Cash Flow | $394.8M | $749.7M | $772.7M | $405.9M | $456.3M | — |
Figures from Thor Industries' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Thor Industries financials page for every line item.
Thor Industries Company Profile
| Ticker | THO |
|---|---|
| Exchange | NYSE |
| Industry | Motor Homes |
| Headquarters | Elkhart, Indiana |
| Incorporated in | Delaware |
| Fiscal Year End | July 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000730263 |
Frequently Asked Questions
What was Thor Industries' revenue in fiscal 2026?
Thor Industries (THO) reported revenue of $9.61B for fiscal 2026.
What is Thor Industries' annual revenue history?
Thor Industries' annual revenue by fiscal year: 2021: $12.32B; 2022: $16.31B; 2023: $11.12B; 2024: $10.04B; 2025: $9.58B; 2026: $9.61B.
What was Thor Industries' net income in fiscal 2026?
Thor Industries reported net income of $177.5M for fiscal 2026.
What was Thor Industries' earnings per share (EPS) in fiscal 2026?
Thor Industries' diluted EPS was $3.38 for fiscal 2026 (adjusted for any later stock splits).
What was Thor Industries' revenue last quarter?
In its most recent reported quarter (2026 Q4), Thor Industries reported revenue of $2.31B.
How much debt does Thor Industries have?
Thor Industries reported $868.0M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Thor Industries are outstanding?
Thor Industries reported a weighted average of 52.4 million basic shares outstanding in 2026 Q4.
What is Thor Industries' market cap?
Based on its latest closing price, Thor Industries (THO) has a market capitalization of about $3.43B.
When does Thor Industries' fiscal year end?
Thor Industries' fiscal year end, as registered with the SEC, is July 31.
Where is Thor Industries headquartered?
Thor Industries lists its business address in Elkhart, Indiana in its SEC filings.