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) Operating margin

Alert me on Operating margin

Thor Industries, Inc.'s operating margin over the twelve months to 31 July 2026 was 2.05%. Over the past ten years it has ranged from 2.05% (fiscal 2026) to 9.40% (fiscal 2022) — the current reading is the lowest in ten years. That is above the Recreational Vehicles industry median of −0.16% and below the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 2.05% (1.07)
FY2025 3.12% (1.10)
FY2024 4.22% (1.04)
FY2023 5.26% (4.14)
FY2022 9.40% 2.03
FY2021 7.37% 2.63
FY2020 4.74% 1.61
FY2019 3.13% (4.46)
FY2018 7.59% (0.13)
FY2017 7.72% (0.84)

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 2.19% (1.26)
Apr 2026 3.45% 2.91
Jan 2026 0.54% (1.09)
Oct 2025 1.63% (2.44)
43 more quarters

Against its own ten years

Low 2.05% High 9.40%
Ten-year median 6.26%
Current reading's percentile 2

Operating margin against peers

Company Operating margin
LCII LCI Industries compare 7.57%
PATK Patrick Industries, Inc. compare 6.32%
BC Brunswick Corporation compare 5.69%
DOO BRP Inc. compare 4.21%
WGO Winnebago Industries, Inc. compare 2.45%
THO Thor Industries, Inc. 2.05%
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare −0.32%
PII Polaris Inc. compare −1.79%
HOG Harley-Davidson, Inc. compare −5.63%
Recreational Vehicles industry median −0.16%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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