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Thor Industries Inc. (THO) Fundamental Analysis & AI Grade 2026

THO NYSE Motor Homes DE CIK: 0000730263
Recently Updated • Analysis: Jun 5, 2026 • SEC Data: 2026-04-30
Combined AI Grade
C
78% Confidence
N/A
C
78% Conf
Pending
Analysis scheduled

📊 THO Key Takeaways

Revenue: $7.3B
Net Margin: 1.9%
Free Cash Flow: $14.2M
Current Ratio: 1.71x
Debt/Equity: 0.20x
EPS: $2.59
AI Grade: C with 78% confidence
Thor Industries Inc. (THO) receives a C fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $7.3B, net profit margin of 1.9%, and return on equity (ROE) of 3.2%, Thor Industries Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete THO stock analysis for 2026.

Is Thor Industries Inc. (THO) a Good Investment?

Claude

THOR Industries faces a deteriorating fundamental position with declining revenues (-4.6% YoY), razor-thin profitability (1.9% net margin), and critically inadequate free cash flow generation (0.2% FCF margin). While debt levels remain manageable, the company's ability to reinvest, return capital, or weather an extended downturn in the cyclical RV market is severely constrained by near-zero cash conversion.

Thor Industries Inc. Key Strengths (THO)

Claude
  • + Adequate liquidity position with 1.71x current ratio and $371.9M cash
  • + Conservative leverage with 0.20x debt-to-equity ratio and 5.4x interest coverage
  • + Manageable debt burden relative to asset base of $7.3B

THO Stock Risks: Thor Industries Inc. Investment Risks

Claude
  • ! Revenue declining 4.6% YoY signals weakening demand in cyclical RV market with limited visibility to recovery
  • ! Free cash flow generation is critical vulnerability at only $14.2M (0.2% of revenue), constraining reinvestment and shareholder returns
  • ! Gross margins of 12.7% and net margins of 1.9% leave no cushion for cost pressures, pricing power erosion, or economic deterioration
  • ! Abysmal returns on equity (3.2%) and assets (1.9%) indicate capital inefficiency and potential structural profitability issues

Key Metrics to Watch

Claude
  • * Free cash flow trend and FCF margin improvement (critical sustainability indicator)
  • * Revenue trajectory and market share in RV industry (early warning of demand conditions)
  • * Gross margin expansion/compression and operating leverage recovery

Thor Industries Inc. (THO) Financial Metrics & Key Ratios

Revenue
$7.3B
Net Income
$136.7M
EPS (Diluted)
$2.59
Free Cash Flow
$14.2M
Total Assets
$7.2B
Cash Position
$371.9M

💡 AI Analyst Insight

The relatively thin 0.2% FCF margin may limit capital allocation flexibility.

THO Profit Margin, ROE & Profitability Analysis

Gross Margin 12.7%
Operating Margin 2.6%
Net Margin 1.9%
ROE 3.2%
ROA 1.9%
FCF Margin 0.2%

THO vs Market Sector: How Thor Industries Inc. Compares

How Thor Industries Inc. compares to Market sector averages

Net Margin
THO 1.9%
vs
Sector Avg 12.0%
THO Sector
ROE
THO 3.2%
vs
Sector Avg 15.0%
THO Sector
Current Ratio
THO 1.7x
vs
Sector Avg 1.8x
THO Sector
Debt/Equity
THO 0.2x
vs
Sector Avg 0.7x
THO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Thor Industries Inc. Stock Overvalued? THO Valuation Analysis 2026

Based on fundamental analysis, Thor Industries Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
3.2%
Sector avg: 15%
Net Profit Margin
1.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.20x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Thor Industries Inc. Balance Sheet: THO Debt, Cash & Liquidity

Current Ratio
1.71x
Quick Ratio
0.80x
Debt/Equity
0.20x
Debt/Assets
0.0%
Interest Coverage
5.43x
Long-term Debt
$874.3M

THO Revenue & Earnings Growth: 5-Year Financial Trend

THO 5-year financial data: Year 2021: Revenue $12.3B, Net Income $133.3M, EPS $2.47. Year 2022: Revenue $16.3B, Net Income $223.0M, EPS $4.02. Year 2023: Revenue $16.3B, Net Income $659.9M, EPS $11.85. Year 2024: Revenue $16.3B, Net Income $1.1B, EPS $20.59. Year 2025: Revenue $11.1B, Net Income $374.3M, EPS $6.95.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Thor Industries Inc.'s revenue has remained relatively flat over the 5-year period, with a 10% decline. The most recent EPS of $6.95 reflects profitable operations.

THO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
0.2%
Free cash flow / Revenue

THO Quarterly Earnings & Performance

Quarterly financial performance data for Thor Industries Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $2.8B $97.2M $1.86
Q2 2026 $2.0B -$551.0K $-0.01
Q1 2026 $2.1B -$1.8M $-0.03
Q3 2025 $2.8B $114.5M $2.13
Q2 2025 $2.0B -$551.0K $-0.01
Q1 2025 $2.1B -$1.8M $-0.03
Q3 2024 $2.8B $114.5M $2.13
Q2 2024 $2.2B $7.2M $0.13

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Thor Industries Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$77.0M
Cash generated from operations
Stock Buybacks
$80.8M
Shares repurchased (TTM)
Capital Expenditures
$62.9M
Investment in assets
Dividends Paid
$76.7M
Returned to shareholders

THO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Thor Industries Inc. (CIK: 0000730263)

📋 Recent SEC Filings

Date Form Document Action
Jun 3, 2026 8-K tho-20260603.htm View →
Jun 3, 2026 10-Q tho-20260430.htm View →
Mar 24, 2026 8-K tho-20260324.htm View →
Mar 9, 2026 4 xslF345X05/form4-03102026_120325.xml View →
Mar 3, 2026 8-K tho-20260303.htm View →

Frequently Asked Questions about THO

What is the AI rating for THO?

Thor Industries Inc. (THO) has an AI grade of C with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are THO's key strengths?

Claude: Adequate liquidity position with 1.71x current ratio and $371.9M cash. Conservative leverage with 0.20x debt-to-equity ratio and 5.4x interest coverage.

What are the risks of investing in THO?

Claude: Revenue declining 4.6% YoY signals weakening demand in cyclical RV market with limited visibility to recovery. Free cash flow generation is critical vulnerability at only $14.2M (0.2% of revenue), constraining reinvestment and shareholder returns.

What is THO's revenue and growth?

Thor Industries Inc. reported revenue of $7.3B.

Does THO pay dividends?

Thor Industries Inc. pays dividends, with $76.7M distributed to shareholders in the trailing twelve months.

Where can I find THO SEC filings?

Official SEC filings for Thor Industries Inc. (CIK: 0000730263) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is THO's EPS?

Thor Industries Inc. has a diluted EPS of $2.59.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is THO's fundamental grade?

Based on our AI fundamental analysis in June 2026, Thor Industries Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is THO stock overvalued or undervalued?

Valuation metrics for THO: ROE of 3.2% (sector avg: 15%), net margin of 1.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is THO's AI grade for 2026?

Our dual AI analysis gives Thor Industries Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is THO's free cash flow?

Thor Industries Inc.'s operating cash flow is $77.0M, with capital expenditures of $62.9M. FCF margin is 0.2%.

How does THO compare to other Market stocks?

Vs Default sector averages: Net margin 1.9% (avg: 12%), ROE 3.2% (avg: 15%), current ratio 1.71 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jun 5, 2026 | Data as of: 2026-04-30 | Powered by Claude AI