Thor Industries/$THO

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About Thor Industries

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 accounts 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.

Ticker

$THO

Sector

Mobility

Primary listing

NYSE

Employees

20,900

Thor Industries Metrics

BasicAdvanced
$5.3B
20.88
$4.84
1.34
$2.00
1.98%

What the Analysts think about Thor Industries

Analyst ratings (Buy, Hold, Sell) for Thor Industries stock.

Bulls say / Bears say

In fiscal third quarter 2025, Thor posted EPS of $2.53 on $2.89 billion in revenue, significantly topping analyst forecasts of $1.79 EPS and $2.63 billion, underscoring robust operational performance amid modest top-line growth. (Investopedia)
In fiscal fourth quarter 2025, Thor delivered adjusted EPS of $2.36 versus the $1.28 consensus and net sales of $2.52 billion, demonstrating strong cost control and profitability resilience. (Barron's)
Thor’s North American motorized RV segment saw net sales climb 7.8% in Q4, driven by a 15.9% increase in unit shipments, reflecting strong demand in higher-margin motorized products. (Barron's)
Despite Q4 outperformance, management issued guidance for fiscal 2026 forecasting EPS of $3.75 to $4.25 and revenue of $9.0 to $9.5 billion—below Street expectations—highlighting tempered near-term growth prospects. (Barron's)
North American towable RV net sales declined 4.6% with unit shipments falling 10.1% in Q4 as Thor deliberately destocked dealer inventories, pointing to softer wholesale demand. (Barron's)
In Q3, European RV operations saw net sales drop 5.1% and unit shipments fall 12.2%, accompanied by a 130 bps margin contraction, underscoring persistent market headwinds in Europe. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2025.

Thor Industries Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Thor Industries Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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