Can Thor Industries cover its short-term obligations?

Its current ratio is 1.71 — current assets exceed current liabilities.

Where does Thor Industries's balance sheet data come from?

Every line is extracted from Thor Industries's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Thor Industries THO Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Cash and cash equivalents	$371.95M-26.8%	$242.18M-35.2%	$509.88M+14.5%	$586.6M+17.0%	$508.32M+36.7%
Accounts receivable, net	$172.24M+24.7%	$134.99M+14.2%	$99.09M-18.8%	$165.65M-16.6%	$138.11M-26.3%
Inventories	$1.69B+12.5%	$1.74B+14.0%	$1.61B+6.1%	$1.5B-0.9%	$1.5B-13.5%
Raw materials	$463.54M+12.5%	$468.52M+14.4%	$420.85M0.0%	$409.41M-5.7%	$412.01M-8.9%
Work in process	$331.27M+9.4%	$319.18M+19.8%	$283.71M+1.3%	$269.28M+3.2%	$302.8M-6.0%
Prepaid expenses and other current assets	$104.62M-11.3%	$118.66M+0.6%	$90.33M+16.5%	$132.22M+62.9%	$117.98M+30.7%
Total current assets	$2.89B+1.8%	$2.72B+7.6%	$2.72B+7.4%	$2.78B+4.8%	$2.84B-1.2%
Operating lease right-of-use assets	$2.07M-50.8%	$3.65M-17.0%	$3.84M-16.3%	$4.03M-15.6%	$4.21M+8,597,959,084%
Goodwill	$1.87B+2.1%	$1.88B+7.6%	$1.85B+3.3%	$1.84B+3.0%	$1.83B+3.2%
Intangible assets, net	$682.11M-13.3%	$715.14M-9.4%	$734.05M-11.9%	$758.76M-11.9%	$787.08M-11.5%
Deferred tax assets	$46.52M-33.7%	$50.4M-24.6%	$51.92M-28.0%	$54.4M-26.9%	$70.2M+8.8%
Other non-current assets	$228.6M+35.4%	$208.79M+19.6%	$207.4M+21.4%	$199.25M+19.8%	$168.77M+7.3%
Equity method investments	$143.35M+5.2%	$135.72M-0.4%	$136.36M-1.0%	$136.78M-0.4%	$136.21M+3.0%
Accumulated depreciation	$1.09B+12.9%	$1.07B+18.1%	$1.03B+15.6%	$996.24M+16.1%	$963.67M+17.4%
Total assets	$7.15B-0.2%	$7.02B+4.5%	$6.99B+1.7%	$7.07B+0.6%	$7.17B-0.7%
Accounts payable	$863.8M+8.7%	$763.95M+9.3%	$660.78M+15.6%	$738.14M+17.5%	$794.96M-0.9%
Accrued expenses	$281.63M-4.7%	$282.3M-1.5%	$291.53M-3.1%	$291.13M-6.6%	$295.59M-7.8%
Current portion of long-term debt	$2.87M-47.3%	$2.92M-89.5%	$2.83M-91.2%	$3.37M-89.7%	$5.44M-84.7%
Operating lease liabilities, current	$11.68M-0.2%	$12.26M+7.0%	$11.52M+0.9%	$12.11M+6.2%	$11.71M+4.4%
Finance Lease Liability, Current	——	——	——	$968K+13.2%	——
Income taxes payable	$50.07M+18.5%	$50.97M+10.6%	$57.72M-26.5%	$59.39M-20.8%	$42.25M-51.2%
Total current liabilities	$1.69B+2.2%	$1.54B+4.5%	$1.51B+1.6%	$1.58B+1.1%	$1.66B-4.8%
Long-term debt	$871.44M-13.8%	$877.77M-12.5%	$913.13M-12.5%	$919.61M-16.5%	$1.01B-16.4%
Operating lease liabilities, non-current	$32.12M+5.0%	$30.41M+5.2%	$29.35M-4.0%	$30.08M-6.0%	$30.59M-6.7%
Finance Lease Liabilities (Total)	$1.15M-44.9%	$1.4M-39.5%	$1.64M-35.1%	$1.87M-31.4%	$2.09M-28.3%
Operating Lease Liabilities (Total)	$43.8M+3.5%	$42.67M+5.7%	$40.87M-2.7%	$42.19M-2.8%	$42.3M-3.9%
Finance lease liabilities	$86K-92.5%	$368K-73.7%	$637K-61.0%	$898K-51.9%	$1.15M-44.8%
Other non-current liabilities	$220.99M+12.4%	$213.82M+5.0%	$209.6M+3.8%	$204.85M+6.9%	$196.57M+6.2%
Total noncurrent liabilities	$1.15B-10.8%	$1.15B-10.3%	$1.19B-10.7%	$1.19B-13.7%	$1.29B-12.2%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	250M0.0%	250M0.0%	250M0.0%	250M+3,639%	250M0.0%
Additional paid-in capital	$633.58M+4.7%	$627.5M+5.1%	$620.3M+5.2%	$608.48M+5.5%	$604.91M+6.3%
Retained earnings	$4.46B+3.6%	$4.39B+4.6%	$4.4B+4.1%	$4.41B+3.6%	$4.31B+2.8%
Accumulated other comprehensive income (loss)	$49.74M+2,203%	$84.39M+153%	$30.24M+137%	$10.39M+111%	-$2.37M+97.9%
Treasury stock	$837.69M+20.8%	$787.19M+13.5%	$761.95M+11.0%	$744.26M+9.9%	$693.32M+6.3%
Noncontrolling interests	-$1.89M-567%	-$562K-133%	$2.56M-66.4%	$1.05M-84.1%	$404K-92.1%
Total stockholders' equity	$4.31B+2.1%	$4.32B+9.4%	$4.3B+6.0%	$4.29B+5.4%	$4.22B+5.5%
Total liabilities and stockholders' equity	$7.15B-0.2%	$7.02B+4.5%	$6.99B+1.7%	$7.07B+0.6%	$7.17B-0.7%
Inventory (FIFO Basis)	$1.24B+9.3%	$1.21B+6.3%	$1.13B+1.1%	$1.09B-1.8%	$1.14B-12.0%
Inventory LIFO Reserve	$442.6M+22.4%	$525.28M+36.8%	$485.51M+19.9%	$411.16M+1.3%	$361.59M-17.9%
Deferred Tax Assets and Other Non-Current Assets	$2.95B-0.3%	$2.97B+3.4%	$2.96B-0.1%	$2.97B-0.3%	$2.95B-0.5%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	$61.41M-19.0%	$61.78M-15.6%	$61.16M-17.9%	——	$75.83M-15.7%
Finite Lived Intangible Assets - Gross	$1.77B+1.1%	$1.78B+5.3%	$1.76B+2.3%	$1.75B+2.1%	$1.75B+2.4%
Deferred tax assets	$17.77M-35.7%	$25.13M+22.1%	$29.71M+12.3%	$35.67M+25.5%	$27.65M+129%
Intangible assets — net	$682.11M-13.3%	$715.14M-9.4%	$734.05M-11.9%	$758.76M-11.9%	$787.08M-11.5%
Other non-current assets	$2.95B-0.3%	$2.97B+3.4%	$2.96B-0.1%	$2.97B-0.3%	$2.95B-0.5%
Property, plant and equipment, net	$1.32B-4.2%	$1.33B+1.0%	——	$1.32B-5.4%	$1.38B0.0%
Software and Technology Licenses, Net	$2.95B-0.3%	$2.97B+3.4%	$2.96B-0.1%	$2.97B-0.3%	$2.95B-0.5%
Accrued Manufacturing Costs	$166.46M-13.7%	$135.82M-0.4%	$182.25M+5.3%	$178.26M-3.8%	$192.94M+0.9%
Accrued Marketing and Advertising Expenses	$170.94M-2.7%	$144.59M+6.0%	$142.75M-8.6%	$162.48M-4.4%	$175.64M+14.8%
Compensation and benefits	$166.46M-13.7%	$135.82M-0.4%	$182.25M+5.3%	$178.26M-3.8%	$192.94M+0.9%
Other accrued liabilities	$64.23M+7.0%	$67.8M+15.2%	$53.59M+3.7%	$73.18M+21.7%	$60.03M+2.1%
Other short-term debt	$67.37M+1.0%	$69.74M+11.6%	$63.62M-8.9%	$60.11M-16.6%	$66.69M-1.9%
Product, property and related liabilities	$23.68M+9.7%	$22M+5.0%	$22.75M+9.0%	$18.63M-42.3%	$21.58M-9.3%
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$8.33M-36.6%	$8.85M-37.9%	$10.1M-34.4%	$10.83M-37.6%	$13.13M-31.8%
Marketing and selling	$170.94M-2.7%	$144.59M+6.0%	$142.75M-8.6%	$162.48M-4.4%	$175.64M+14.8%
Unsecured debt	$5.85M+2.9%	$5.96M-77.1%	$5.78M-78.8%	$5.72M-78.9%	$5.69M-78.8%
Other Debt Including Capitalized Leases	$17.65M-21.9%	$18.71M-19.6%	$18.84M-33.2%	$19.93M-33.2%	$22.6M-32.2%
Total debt	$919.26M-13.3%	$924.76M-13.9%	$958.47M-14.5%	$967.03M-18.1%	$1.06B-17.9%
Total Carrying Value of Debt	$882.64M-14.2%	$889.54M-14.9%	$926.06M-15.1%	$933.81M-18.9%	$1.03B-18.6%
Common Stock Par Value Per Share	$0.100.0%	$0.100.0%	$0.100.0%	$0.100.0%	$0.100.0%
Common Stock Shares Issued	67.7M+0.6%	67.7M+0.6%	67.7M+0.8%	67.3M+0.6%	67.3M+0.6%
Convertible Preferred Stock Authorized Shares	1M0.0%	1M0.0%	1M0.0%	1M0.0%	1M0.0%
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Additional paid-in capital	$633.58M+4.7%	$627.5M+5.1%	$620.3M+5.2%	$608.48M+5.5%	$604.91M+6.3%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$6.77M+0.6%	$6.77M+0.6%	$6.77M+0.8%	$6.73M+0.6%	$6.73M+0.6%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Treasury Stock, Value	$837.69M+20.8%	$787.19M+13.5%	$761.95M+11.0%	$744.26M+9.9%	$693.32M+6.3%
Common stock, par value (in dollars per share)	$0.10.0%	$0.10.0%	$0.10.0%	$0.10.0%	$0.10.0%
Common stock, shares authorized (in shares)	$250M0.0%	$250M0.0%	$250M0.0%	$250M0.0%	$250M0.0%
Common stock, shares issued (in shares)	$67.66M+0.6%	$67.66M+0.6%	$67.66M+0.8%	$67.28M+0.6%	$67.28M+0.6%
Long-term debt, gross	$882.64M-14.2%	$889.54M-14.9%	$926.06M-15.1%	$933.81M-18.9%	$1.03B-18.6%
Deferred income taxes	$46.52M-33.7%	$50.4M-24.6%	$51.92M-28.0%	$54.4M-26.9%	$70.2M+8.8%
Equity method investments (Note 11)	$143.35M+5.2%	$135.72M-0.4%	$136.36M-1.0%	$136.78M-0.4%	$136.21M+3.0%
Current maturities of long-term debt	$1.07M+13.6%	$1.03M+13.0%	$998K+13.0%	$968K+13.2%	$939K+13.3%
Property, plant and equipment	$2.07M-50.8%	$3.65M-17.0%	$3.84M-16.3%	$4.03M-15.6%	$4.21M-15.0%
For the fiscal year ending July 31, 2031 and thereafter	$319.68M-15.7%	$321.86M-12.5%	$318.19M-14.8%	——	$379.22M-15.1%
Finite-Lived Intangible Assets, Accumulated Amortization	$1.09B+12.9%	$1.07B+18.1%	$1.03B+15.6%	$996.24M+16.1%	$963.67M+17.4%
2028	$93.46M-7.1%	$94.25M-2.7%	$92.92M-5.9%	——	$100.64M-5.0%
2030	$61.41M-19.0%	$61.78M-15.6%	$61.16M-17.9%	——	$75.83M-15.7%
Remainder of 2026	$27.8M-8.0%	$56.07M-3.8%	$82.99M-6.8%	——	$30.23M-6.2%
2027	$102.49M-6.4%	$103.33M-2.0%	$101.91M-5.2%	——	$109.49M-6.6%
2029	$77.27M-15.7%	$77.85M-11.6%	$76.88M-14.5%	——	$91.68M-5.8%
Gross Carrying Amount	$1.77B+1.1%	$1.78B+5.3%	$1.76B+2.3%	$1.75B+2.1%	$1.75B+2.4%
Chassis	$472.84M+22.9%	$491.69M+13.5%	$488.46M+23.5%	$438.08M-8.4%	$384.81M-35.7%
Raw materials	$463.54M+12.5%	$468.52M+14.4%	$420.85M0.0%	$409.41M-5.7%	$412.01M-8.9%
Unrecognized tax benefits	$12.3M-9.8%	$12.08M-1.5%	$12.18M+1.5%	$12.18M-1.9%	$13.63M+12.3%
Noncontrolling interests in subsidiaries	-$1.89M-567%	-$562K-133%	$2.56M-66.4%	$1.05M-84.1%	$404K-92.1%
Lease right-of-use assets – operating	$43.31M+3.3%	$42.17M+5.4%	——	$41.76M-3.2%	$41.91M-4.3%
Other (including finance leases)	$17.65M-21.9%	$18.71M-19.6%	$18.84M-33.2%	$19.93M-33.2%	$22.6M-32.2%
Preferred Stock, Shares Authorized	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Property, Plant, and Equipment and Finance and Operating Lease Right-of-Use Asset, Before Accumulated Depreciation and Amortization	$2.22B+0.6%	$2.22B+6.0%	$2.17B+1.4%	$2.15B+1.6%	$2.21B+6.3%
Property, Plant, and Equipment and Finance and Operating Lease Right-of-Use Asset, Accumulated Depreciation and Amortization	$898.56M+8.7%	$881.93M+14.6%	$857.75M+12.7%	$836.73M+15.0%	$826.96M+18.7%
Repurchase and guarantee reserve balances	$19.27M+8.0%	$19.38M+41.2%	$18.08M+40.5%	$17.51M+22.0%	$17.85M+20.1%
Standby repurchase obligations amount	$3.72B-1.7%	$3.67B+3.2%	$3.51B+2.6%	$3.48B-4.3%	$3.78B-3.1%
Treasury stock, shares (in shares)	$15.6M+10.8%	$15.06M+7.0%	$14.82M+5.8%	$14.65M+5.2%	$14.08M+3.1%
Remainder of Fiscal Year 2024	$27.8M-8.0%	$56.07M-3.8%	$82.99M-6.8%	——	$30.23M+556%
Remainder of Fiscal Year 2025	$27.8M-8.0%	$56.07M-3.8%	$82.99M-6.8%	——	$30.23M-6.2%

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Questions, answered.

Can Thor Industries cover its short-term obligations?: Its current ratio is 1.71 — current assets exceed current liabilities.
Where does Thor Industries's balance sheet data come from?: Every line is extracted from Thor Industries's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.