Thor Industries' Board of Directors approved a regular quarterly cash dividend of $0.52 per share, payable on April 20, 2026, to shareholders of record as of April 6, 2026. The company is the world's largest manufacturer of recreational vehicles.
Thor Industries, Inc. (THO)
Common Stock · Currency in USD · XNYS
Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business as it accounted for less than 10% of fiscal 2025 total sales. In fiscal 2025, the company wholesaled 181,388 units and generated $9.6 billion in revenue.
Company Info
SIC3716
Composite FIGIBBG000BV6R84
CIK0000730263
IPOJan 10, 1984
Sectormotor homes
Highlights
Market Cap$4.07B
EPS$1.36
P/E Ratio69.42
Revenue$9.03B
Gross Profit$1.01B
Net Income$58.56M
Employees20,900
WSO52,595,933
Phone(574) 970-7460
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Thor Industries, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Thor Industries, Inc. (THO) has returned -26.24% so far this year and 19.07% over the past 12 months. Looking at the last ten years, THO has achieved an annualized return of 1.82%, underperforming the Benchmark (SPY), which averaged 12.29% per year.
THO
1M-9.81%
6M-27.09%
YTD-26.24%
1Y19.07%
5Y-10.83%
10Y1.82%
Benchmark (SPY)
1M-1.08%
6M-2.12%
YTD-3.86%
1Y33.60%
5Y9.92%
10Y12.29%
Monthly Returns
The table below presents the monthly returns of Thor Industries, Inc. (THO) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.22% | -14.91% | -15.14% | -4.75% | ||||||||
| 2025 | 6.87% | -25.71% | -4.08% | 11.26% | 9.80% | 3.72% | 19.81% | -3.91% | 0.68% | 2.06% | -2.22% | |
| 2024 | -3.28% | 12.30% | -8.40% | -15.29% | -0.47% | -6.67% | 13.05% | 1.01% | 3.13% | -5.22% | 6.16% | -14.12% |
| 2023 | 24.91% | -4.37% | -12.30% | -0.38% | -1.16% | 31.80% | 11.85% | -8.69% | -9.95% | -7.26% | 12.85% | 19.65% |
| 2022 | -9.78% | -4.83% | -12.35% | -4.18% | -0.86% | -3.49% | 12.98% | -3.53% | -12.99% | 17.48% | 2.95% | -13.33% |
| 2021 | 28.20% | -4.68% | 13.15% | 4.19% | -14.09% | -9.23% | 2.14% | -4.50% | 8.54% | -18.18% | 2.68% | -3.27% |
| 2020 | 7.75% | -6.94% | -44.34% | 67.59% | 35.62% | 22.77% | 7.06% | -18.42% | 1.94% | -11.84% | 12.08% | -5.26% |
| 2019 | 26.91% | -0.28% | -4.41% | 4.71% | -21.89% | 13.19% | 0.34% | -23.28% | 24.24% | 12.46% | -0.36% | 16.24% |
| 2018 | -9.77% | -4.78% | -10.57% | -7.57% | -14.35% | 4.83% | -1.56% | 0.37% | -11.98% | -17.62% | -3.05% | -26.42% |
| 2017 | 3.31% | 6.80% | -14.12% | 0.04% | -6.40% | 14.49% | 0.46% | 2.66% | 15.51% | 7.87% | 11.56% | -1.75% |
| 2016 | 0.80% | 1.53% | -0.06% | 15.71% | 5.83% | 4.25% | -6.24% | 26.58% | -0.31% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Thor Industries, Inc. (THO) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of THO compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Thor Industries, Inc. volatility is 2.40%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 7.07B | 7.02B | 7.26B | 7.41B | 6.65B | 5.77B | 5.66B | 2.78B | 2.56B | 2.33B | 1.50B | 1.41B | 1.33B | 1.24B | 1.20B |
| Equity Attributable To Parent (USD) | 4.29B | 4.07B | 3.98B | 3.59B | 2.92B | 2.32B | 2.08B | 1.94B | 1.58B | 1.27B | 1.07B | 977.70M | 892.61M | 850.83M | 836.27M |
| Equity Attributable To Noncontrolling Interest (USD) | 1.05M | 6.62M | 7.38M | 7.79M | 26.26M | 25.79M | 10.80M | - | - | - | - | - | - | - | - |
| Equity (USD) | 4.29B | 4.07B | 3.98B | 3.60B | 2.95B | 2.35B | 2.10B | 1.94B | 1.58B | 1.27B | 1.07B | 977.70M | 892.61M | 850.83M | 836.27M |
| Commitments and Contingencies (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities (USD) | 268.06M | 245.83M | 258.27M | 284.13M | 303.97M | 243.96M | 214.27M | - | - | - | - | - | - | - | - |
| Long-term Debt (USD) | 922.98M | 1.13B | 1.30B | 1.77B | 1.61B | 1.67B | 1.90B | - | - | - | - | - | - | - | - |
| Noncurrent Liabilities (USD) | 1.19B | 1.38B | 1.56B | 2.05B | 1.91B | 1.91B | 2.12B | 71.59M | 200.35M | 408.59M | 59.73M | 60.31M | 73.98M | 81.14M | 83.20M |
| Other Current Liabilities (USD) | 668.29M | 753.64M | 790.88M | 678.70M | 629.98M | 718.69M | 760.93M | 385.23M | 352.33M | 306.72M | 163.76M | 162.21M | 179.14M | 126.66M | 124.51M |
| Wages (USD) | 178.26M | 185.25M | 189.32M | 254.77M | 249.76M | 160.08M | 135.56M | 97.12M | 100.11M | 81.16M | 51.98M | 43.89M | 47.50M | 41.30M | 34.60M |
| Accounts Payable (USD) | 738.14M | 628.13M | 736.28M | 822.45M | 915.05M | 636.51M | 551.83M | 286.97M | 328.60M | 263.77M | 162.59M | 164.62M | 135.04M | 143.14M | 119.49M |
| Current Liabilities (USD) | 1.58B | 1.57B | 1.72B | 1.76B | 1.79B | 1.52B | 1.45B | 769.33M | 781.05M | 651.65M | 378.34M | 370.72M | 361.67M | 311.09M | 278.60M |
| Liabilities (USD) | 2.78B | 2.95B | 3.28B | 3.81B | 3.71B | 3.43B | 3.57B | 840.92M | 981.39M | 1.06B | 438.06M | 431.02M | 435.65M | 392.23M | 361.80M |
| Other Non-current Assets (USD) | 2.97B | 2.98B | 3.08B | 3.09B | 2.67B | 2.56B | 2.53B | 944.94M | 952.53M | 964.34M | 493.36M | 394.81M | 353.76M | 393.77M | 406.09M |
| Fixed Assets (USD) | 1.32B | 1.39B | 1.39B | 1.26B | 1.19B | 1.11B | 1.09B | 522.05M | 425.24M | 344.27M | 234.05M | 169.86M | 143.81M | 164.39M | 168.21M |
| Noncurrent Assets (USD) | 4.29B | 4.37B | 4.47B | 4.35B | 3.85B | 3.67B | 3.62B | 1.47B | 1.38B | 1.31B | 727.41M | 564.67M | 497.56M | 558.17M | 574.30M |
| Other Current Assets (USD) | 1.43B | 1.28B | 1.14B | 1.31B | 1.43B | 1.39B | 1.21B | 773.77M | 719.68M | 612.99M | 529.73M | 627.70M | 677.67M | 498.80M | 439.27M |
| Inventory (USD) | 1.35B | 1.37B | 1.65B | 1.75B | 1.37B | 716.31M | 827.99M | 537.91M | 460.49M | 403.87M | 246.12M | 216.35M | 153.04M | 186.08M | 184.50M |
| Current Assets (USD) | 2.78B | 2.65B | 2.79B | 3.06B | 2.80B | 2.10B | 2.04B | 1.31B | 1.18B | 1.02B | 775.84M | 844.05M | 830.70M | 684.89M | 623.77M |
| Assets (USD) | 7.07B | 7.02B | 7.26B | 7.41B | 6.65B | 5.77B | 5.66B | 2.78B | 2.56B | 2.33B | 1.50B | 1.41B | 1.33B | 1.24B | 1.20B |
News and Insights
Thor Industries Q2 Margins Squeeze Despite Strong Sales: 'Geopolitical Events Clouded Our Outlook'negative
Thor Industries reported Q2 FY26 results with mixed performance: strong overall sales growth of 5.3% Y/Y to $2.126 billion and EPS beat of $0.34 vs. consensus of $0.03. However, the company issued below-consensus guidance of $3.75-$4.25 EPS (vs. $4.29 consensus) and $9.0-$9.5 billion sales (vs. $9.639 billion estimate), citing geopolitical uncertainty. Margin pressures emerged across segments, with the North American Towable RV segment declining 14.2% in sales and the European segment facing restructuring costs and warranty pressures, though the Motorized RV segment showed strong growth.
ACR Alpine Capital Research acquired 1,028,778 shares of Arrow Electronics in Q4 2025, increasing its position to 5.9% of AUM valued at $379 million. The purchase aligns with Arrow Electronics' recovery, with full-year revenue growing 10% to over $30 billion, and reflects confidence in the company's positioning amid broader manufacturing sector improvement.
The global RV market is projected to grow from US$ 62.9 billion in 2024 to US$ 168.3 billion by 2033 at a CAGR of 11.55%. Key growth drivers include a younger consumer base (median age 32), electrification trends, peer-to-peer rental platforms, and strong experiential leisure demand. North America dominates the market with 89,549 RV shipments in Q1 2024 and over 3,100 dealerships.
Thor Industries reported strong Q1 fiscal 2026 earnings, beating analyst expectations with increased sales and improved margins across segments, though management remains cautious about consumer sentiment.
THOR Industries will release its fiscal 2025 fourth quarter earnings on September 24, 2025, before market opens, with detailed documents to be published on their investor relations website.
Three companies (Thor Industries, Fair Isaac, and Danaher) are enhancing shareholder value through strategic buybacks, debt reduction, and dividend programs, signaling potential undervaluation and financial optimization.
THOR Industries, Inc. announced the date for its fiscal 2025 third quarter earnings release and provided forward-looking statements regarding factors that could impact its business, including inflation, raw material and commodity price fluctuations, and the impact of war and cyber-attacks.
THOR Industries and Harbinger have introduced the world's first hybrid Class A motorhome, featuring a low-emissions gasoline range extender and a 500-mile estimated range. The innovative platform aims to reduce range anxiety and enhance travel freedom and sustainability.
New Gonow, a Chinese recreational vehicle manufacturer, has received regulatory approval to list in Hong Kong. The company has seen rapid growth in sales and margins as it gains economies of scale, and plans to eventually expand to North America and Europe.