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Friday 6 November 2026 Export THO’s income statement to Excel — free account

Thor Industries, Inc.

THO Consumer Cyclical Recreational Vehicles

Thor Industries, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $9.6 billion, roughly unchanged from fiscal 2025.

Revenue
−8.41%
EPS
−67.0%
Free cash flow
−26.7%
Total debt
−5.96%

Quarter to July 2026, against a year earlier

82.88 1.77 −2.09%
Market cap
$4.3B
P/E
24.4×
Fwd P/E
20.2×
Dividend yield
2.53%
F-score
7/9
Altman Z
3.45
Beneish M
−2.52
Dividend safety
69/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Thor Industries, Inc. (THO) Debt to equity

Alert me on Debt to equity

Thor Industries, Inc.'s debt to equity at the end of the quarter to 31 July 2026 was 0.2×. Over the past ten years it has ranged from 0.0× (fiscal 2015) to 0.9× (fiscal 2019); the current reading is higher than 33% of that period. That is below the Recreational Vehicles industry median of 0.4× and in line with the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.2× (5.34%)
FY2025 0.2× (22.67%)
FY2024 0.3× (14.89%)
FY2023 0.3× (33.39%)
FY2022 0.5× (9.96%)
FY2021 0.5× (23.28%)
FY2020 0.7× (21.75%)
FY2019 0.9× 29,193.55%
FY2018 0.0× (96.63%)
FY2017 0.1× (67.66%)

Quarterly newest first

Period Debt to equity Change
Jul 2026 0.2× 0.49%
Apr 2026 0.2× (0.49%)
Jan 2026 0.2× (4.37%)
Oct 2025 0.2× (1.02%)
43 more quarters

Against its own ten years

Low 0.0× High 0.9×
Ten-year median 0.3×
Current reading's percentile 33

Debt to equity against peers

Company Debt to equity
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare 0.0×
THO Thor Industries, Inc. 0.2×
WGO Winnebago Industries, Inc. compare 0.4×
LCII LCI Industries compare 0.6×
HOG Harley-Davidson, Inc. compare 0.8×
BC Brunswick Corporation compare 1.2×
PATK Patrick Industries, Inc. compare 1.2×
PII Polaris Inc. compare 1.9×
DOO BRP Inc. compare 7.5×
Recreational Vehicles industry median 0.4×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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