Thor Industries (THO) | Financial Analysis & Statements

Thor Industries Inc. | Mid-cap | Consumer Cyclical

$92.60

-1.28%

Thor Industries vs Brunswick Thor Industries vs BRP Thor Industries vs Harley-Davidson Thor Industries vs Polaris Thor Industries vs Lci Industries Thor Industries vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 10.0B

Gross Profit 1.5B 14.46%

Operating Income 423.9M 4.22%

Net Income 265.4M 2.64%

EPS (Diluted) $4.94

Balance Sheet Metrics

Total Assets 7.0B

Total Liabilities 2.9B

Shareholders Equity 4.1B

Debt to Equity 0.72

Cash Flow Metrics

Operating Cash Flow 667.1M

Free Cash Flow 405.9M

Revenue & Profitability Trend

Thor Industries Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	10.0B	11.1B	16.3B	12.3B	8.2B
Cost of Goods Sold	8.6B	9.5B	13.5B	10.4B	7.0B
Gross Profit	1.5B	1.6B	2.8B	1.9B	1.1B
Operating Expenses	895.5M	870.1M	1.1B	869.9M	634.1M
Operating Income	423.9M	585.5M	1.5B	907.9M	386.9M
Pre-tax Income	348.8M	499.4M	1.5B	844.6M	272.9M
Income Tax	83.4M	125.1M	321.6M	183.7M	51.5M
Net Income	265.4M	374.2M	1.1B	660.9M	221.4M
EPS (Diluted)	$4.94	$6.95	$20.59	$11.92	$4.02

Income Statement Trend

Thor Industries Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	2.7B	2.8B	3.1B	2.8B	2.1B
Non-Current Assets	4.4B	4.5B	4.3B	3.9B	3.7B
Total Assets	7.0B	7.3B	7.4B	6.7B	5.8B
Liabilities
Current Liabilities	1.6B	1.7B	1.8B	1.8B	1.5B
Non-Current Liabilities	1.4B	1.6B	2.1B	1.9B	1.9B
Total Liabilities	2.9B	3.3B	3.8B	3.7B	3.4B
Equity
Total Shareholders Equity	4.1B	4.0B	3.6B	2.9B	2.3B

Balance Sheet Composition

Thor Industries Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	265.4M	374.2M	1.1B	660.9M	221.4M
Operating Cash Flow	667.1M	983.6M	933.2M	435.0M	529.6M
Investing Activities
Capital Expenditures	-114.7M	-194.5M	-226.3M	-126.9M	-79.0M
Investing Cash Flow	-146.8M	-222.5M	-1.0B	-428.5M	-84.2M
Financing Activities
Dividends Paid	-102.1M	-96.0M	-94.9M	-90.8M	-88.3M
Financing Cash Flow	-337.7M	-735.7M	53.2M	-187.6M	-393.7M
Free Cash Flow	405.9M	773.4M	747.8M	397.6M	434.2M

Cash Flow Trend

Thor Industries Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 20.69

Forward P/E 13.36

Price to Book 1.09

Price to Sales 0.48

PEG Ratio 13.36

Profitability Ratios

Profit Margin 2.32%

Operating Margin 6.29%

Return on Equity 5.38%

Return on Assets 2.94%

Financial Health

Current Ratio 1.71

Debt to Equity 25.11

Beta 1.20

Per Share Data

EPS (TTM) $4.17

Book Value per Share $79.39

Revenue per Share $180.56

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
tho	4.6B	20.69	1.09	5.38%	2.32%	25.11
Brunswick	3.7B	37.26	1.98	5.16%	1.62%	140.27
BRP	3.5B	26.44	7.53	32.25%	-0.72%	641.47
Harley-Davidson	2.9B	8.44	0.90	10.56%	7.39%	231.56
Polaris	2.3B	57.10	1.86	3.11%	0.57%	177.20
Lci Industries	2.3B	14.91	1.68	11.44%	4.08%	86.02

Financial data is updated regularly. All figures are in the company's reporting currency.