THOR Industries, Inc.

NYSE•THO

CEO: Mr. Robert W. Martin

Sector: Consumer Cyclical

Industry: Auto - Recreational Vehicles

Listing Date: 1984-01-10

THOR Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Germany, Canada, rest of Europe, and internationally. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles. It also provides aluminum extrusion and specialized component products to RV and other manufacturers. The company provides its products through independent and non-franchise dealers. THOR Industries, Inc. was founded in 1980 and is based in Elkhart, Indiana.

Contact Information

601 E. Beardsley Ave., Elkhart, IN, 46514-3305, United States

574-970-7460

www.thorindustries.com

Market Cap

$4.35B

P/E (TTM)

14.4

8.8

Dividend Yield

2.5%

52W High

$122.83

52W Low

$63.16

52W Range

32%

Rank42Top 47.5%

3.9

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.9 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$2.13B+0.00%

4-Quarter Trend

EPS

$0.34+0.00%

4-Quarter Trend

FCF

-$140.68M+0.00%

4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Quarterly Sales Increased 5.3% Net sales reached $2.13 B USD, growing $107.7 M, driven by strong Motorized segment performance this quarter.

Swing to Quarterly Net Income Net income attributable to THO was $17.8 M USD, reversing prior period's $551 K USD loss significantly.

Motorized Segment Sales Surge North American Motorized net sales grew 29.3% on 28.3% higher unit shipments compared to the prior year.

Gross Profit Margins Improve Gross profit increased 2.5% to $251.3 M USD; gross profit percentage was 11.8% versus 12.1% last year.

Risk Factors

Towable Sales Volume Declines North American Towable net sales fell 14.2% due to a 23.0% decrease in unit shipments year-over-year for the quarter.

Dealer Concentration Risk Noted One dealer accounted for 15% of Q1 sales and 16% of receivables; loss could materially impact business results.

Tariff Uncertainty Impacts Costs Management closely monitors U.S. tariff imposition and supply chain constraints, especially chassis availability, impacting costs.

Total Backlog Decreased 9.0% Total order backlog ended period at $3.50 B USD, a $346.7 M decrease compared to January 31, 2025.

Outlook

Long-Term Retail Growth Expected Optimistic for long-term North American RV retail growth driven by favorable demographics and lifestyle appeal factors.

Capital Spending Planned for 2026 Estimated capital spend for remainder of fiscal 2026 is $150 M USD, focused on facilities and automation projects.

Dividend Policy Maintained Board intends to continue regular quarterly cash dividends, subject to debt covenant compliance and cash flow generation.

Peer Comparison

Revenue (TTM)

LEA

$23.26B

-0.2%

$22.71B

-2.8%

GPI

$22.57B

+13.2%

Gross Margin (Latest Quarter)

LTH

214.1%

+0.6pp

MTN

94.6%

+103.6pp

MAT

46.0%

-3.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
LEA	$5.92B	13.7	8.8%	27.6%
LTH	$5.83B	15.5	12.8%	76.8%
URBN	$5.69B	12.2	17.7%	24.5%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-9.8%

Growth Under Pressure

4Q Net Income CAGR

-49.1%

Declining Profitability

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:Jun 3, 2026

EPS:$1.96

Revenue:$2.71B

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data