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Thor Industries, Inc. THO Q4 2026 Annual earnings

Reported September 22, 2026 · Before market open

Revenue$2.3BBeat by $136.3M
EPS$0.78Miss by $0.08
Revenue estimate$2.2B
EPS estimate$0.86
“Our fiscal 2026 proved to be more challenging than we anticipated at the outset of the year due to the headwinds impacting the RV industry. The retail market never reached the inflection point many in the industry expected, as stubborn interest rates, elevated fuel costs and ever-present inflationary pressures have strained household budgets and kept retail soft throughout the critical selling season. Against this backdrop, our teams executed by delivering net sales of $9.61 billion for fiscal 2026, exceeding the high end of our guidance — evidence of both our geographic diversity and the sustained appeal of the RV lifestyle. Our European segment was a key contributor with net sales for fiscal 2026 up 3.1% compared to the prior-year period on a constant currency basis.”
Bob Martin

Next report

Dec 2, 2026 (in 2 months)
Revenue estimate$2.3B
EPS estimate$0.19

Financials

Q4 2026

Income statement

See full
Revenue$2.3B-8.4%
Gross profit$285.6M-23.0%
Net income$40.8M-67.5%
EPS (diluted)$0.79-66.4%

Balance sheet

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Cash & equivalents$482.0M-17.8%
Total debt$910.0M-5.9%
Total equity$4.3B-0.6%
Total assets$7.0B-1.5%

Cash flow

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Operating cash flow$244.2M-5.6%
CapEx$54.3M+43.0%
Free cash flow$196.0M-11.2%

Valuation & ratios

Valuation

as of 10/09/26
See full
Market cap$3.41B-36.6%
Enterprise value$3.84B-33.4%
P/E19.2×-1.6×
P/S0.4×-0.2×

Profitability

See full
Gross margin12.6%-1.4pp
Net margin1.8%-0.9pp

Returns & leverage

See full
Return on equity4.2%-2.0pp
Debt / equity0.2×0.0×
Current ratio1.8×0.0×

Segments

By product

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Motorcaravan$539.8M+3.3%
Travel Trailers$466.4M-18.8%
Campervan$281.4M+14.2%
Fifth Wheels$269.6M-30.5%
Class C$253.9M-12.2%

By segment

See full
European$969.2M+5.0%
North American Towable$687.3M-22.7%
North American Motorized$499.3M-10.4%

FAQ

When did Thor Industries, Inc. report Q4 2026 earnings?
Thor Industries, Inc. (THO) reported Q4 2026 earnings on September 22, 2026 before market open.
What were Thor Industries, Inc.'s Q4 2026 revenue and EPS?
Thor Industries, Inc. reported revenue of $2.3B and eps of $0.78 for Q4 2026.
Did Thor Industries, Inc. beat estimates in Q4 2026?
Revenue beat the consensus estimate of $2.2B by $136.3M. EPS missed the consensus estimate of $0.86 by $0.08.
How did Thor Industries, Inc.'s Q4 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 8.4% from $2.5B a year earlier and eps declined 66.2% from $2.31.
Where can I find Thor Industries, Inc.'s Q4 2026 SEC filings?
You can read the 8-K earnings release (0000730263-26-000028) and the 10-K periodic report (0000730263-26-000027) directly on SEC EDGAR. The filing index links above go to sec.gov.