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Thor Industries THO Q2 2025 earnings

Reported March 5, 2025 · Before market open

Revenue estimate$2.7B
EPS estimate$0.07

Next report

Date not yet announced

Financials

Q2 2025

Income statement

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Revenue$2.0B-8.6%
Gross profit$245.2M-9.5%
Net income-$551.0K-108%
EPS (diluted)-$0.01-108%

Balance sheet

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Cash & equivalents$373.8M+9.9%
Total debt$1.1B-26.2%
Total equity$4.0B+0.4%
Total assets$6.7B-7.1%

Cash flow

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Operating cash flow$30.8M+130%
CapEx$26.3M-35.5%
Free cash flow$4.6M+103%

Valuation & ratios

Valuation

as of 01/31/25
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Market cap$5.48B-9.0%
Enterprise value$6.18B-13.4%
P/E27.1×+5.0×
P/S0.6×0.0×

Profitability

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Gross margin14.2%+0.2pp
Net margin2.1%-0.5pp
FCF margin5.7%+0.2pp

Returns & leverage

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Return on equity5.1%-1.9pp
Debt / equity0.3×-0.1×
Current ratio1.7×0.0×

Segments

By product

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Travel Trailers$518.6M+10.0%
Motorcaravan$335.6M-21.0%
Fifth Wheels$309.6M+19.3%
Class C$204.1M-26.0%
Campervan$166.0M-32.2%

By segment

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North American Towable$828.3M+13.3%
European$612.5M-21.7%
North American Motorized$446.3M-21.8%

By geography

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United States$1.5B
Germany$480.6M
Canada$98.2M

Versus estimates

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Questions, answered.

When did Thor Industries report Q2 2025 earnings?
Thor Industries (THO) reported Q2 2025 earnings on March 5, 2025 before market open.
What were Thor Industries's Q2 2025 revenue and EPS?
Thor Industries reported revenue of $2.0B and diluted EPS of $-0.01 for Q2 2025.
Did Thor Industries beat estimates in Q2 2025?
Revenue missed the consensus estimate of $2.7B by $638.5M. EPS missed the consensus estimate of $0.07 by $0.08.
Where can I find Thor Industries's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0000730263-25-000003) directly on SEC EDGAR. The filing index links above go to sec.gov.