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 total sales. In fiscal 2024, the company wholesaled 186,908 units and generated over $10 billion in revenue.

Ticker

$THO

Sector

Mobility

Primary listing

NYSE

Employees

22,300

Thor Industries Metrics

BasicAdvanced
$5.6B
25.17
$4.17
1.20
$2.00
1.90%

What the Analysts think about Thor Industries

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

Bulls say / Bears say

THO posted Q3 FY2025 EPS of $2.53, beating the Zacks estimate of $1.79, and net sales of $2.89 billion topped forecasts of $2.63 billion, due to strong North American results and disciplined cost controls.
North American towable RV net sales rose 9% year-over-year to $1.17 billion in Q3 FY2025, supported by a 5.5% increase in unit shipments and increased sales of premium fifth-wheel units, boosting segment margins.
Management reaffirmed its full-year FY2025 guidance for net sales of $9.0–9.5 billion and diluted EPS of $3.30–4.00, showing confidence in the company's business model despite industry challenges.
In Q2 FY2025, THO reported a loss of $0.01 per share, missing expectations for a $0.05 profit, and revenue dropped nearly 9% year-over-year to $2.02 billion. Management cut full-year EPS guidance to $3.30–4.00 from $4.00–5.00.
European RV net sales were down 5.1% year-over-year in Q3 FY2025, totaling $883.5 million, with unit shipments falling 12.2% and a gross profit margin contraction of 130 basis points, reflecting ongoing weak demand in the region.
The company highlighted a decline in overall dealer order backlogs after Q3 results, indicating possible short-term demand weakness across its segments.
Data summarised monthly by Lightyear AI. Last updated on 3 Sept 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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