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

Thor Industries, Inc. (THO) Free cash flow margin

Alert me on Free cash flow margin

Thor Industries, Inc.'s free cash flow margin over the twelve months to 31 July 2026 was 2.46%. Over the past ten years it has ranged from 2.46% (fiscal 2026) to 7.08% (fiscal 2023) — the current reading is the lowest in ten years. That is below the Recreational Vehicles industry median of 5.37% and below the Consumer Cyclical sector median of 3.20%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 2.46% (2.95)
FY2025 5.41% 1.12
FY2024 4.29% (2.79)
FY2023 7.08% 2.40
FY2022 4.68% 1.44
FY2021 3.24% (2.42)
FY2020 5.66% 0.82
FY2019 4.84% 0.85
FY2018 3.99% (0.27)
FY2017 4.26% (2.06)

Against its own ten years

Low 2.46% High 7.08%
Ten-year median 4.76%
Current reading's percentile 8

Free cash flow margin against peers

Company Free cash flow margin
DOO BRP Inc. compare 12.7%
LCII LCI Industries compare 7.93%
HOG Harley-Davidson, Inc. compare 7.83%
BC Brunswick Corporation compare 6.79%
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare 6.41%
WGO Winnebago Industries, Inc. compare 5.55%
PATK Patrick Industries, Inc. compare 5.18%
PII Polaris Inc. compare 3.47%
THO Thor Industries, Inc. 2.46%
Recreational Vehicles industry median 5.37%
Consumer Cyclical sector median 3.20%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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