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Thor Industries THO Gross margin

Gross margin at other companies

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20%+0.2pp
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38.3%-0.7pp
Rivian Automotive, Inc. logo
Rivian Automotive, Inc.RIVN
1%
Rush Enterprises logo
Rush EnterprisesRUSHB
19.6%-0.5pp
Dorman Products logo
Dorman ProductsDORM
40.9%+0.3pp
Skyline Champion logo
Skyline ChampionSKY
26.4%-0.3pp

Other financials

Income statement

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Revenue$2.8B-3.9%
Gross profit$354.8M-19.9%
Net income$97.2M-28.1%
EPS (diluted)$1.86-26.5%

Balance sheet

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Cash & equivalents$371.9M-26.8%
Total debt$919.3M-13.3%
Total equity$4.3B+2.1%
Total assets$7.2B-0.2%

Cash flow

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Operating cash flow$234.2M-9.1%
CapEx$38.1M+13.7%
Free cash flow-$140.7M-3,174%

Valuation

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Market cap$3.77B+4.9%
Enterprise value$4.32B+4.2%
P/E14.4×-1.8×
P/S0.4×0.0×

Profitability

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Net margin2.7%+0.3pp
FCF margin2.3%-3.4pp

Returns & leverage

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Return on equity6.1%+0.7pp
Debt / equity0.2×0.0×
Current ratio1.7×0.0×

Where this comes from

Calculated from Thor Industries’s reported figures.

Based on trailing twelve months.

The official record: Thor Industries’s 10-Q, filed June 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Thor Industries's gross margin?
Thor Industries (THO) reported gross margin of 13.2% in Q1 2026.
How has Thor Industries's gross margin changed year-over-year?
Thor Industries's gross margin decreased by 7.6% year-over-year, from 14.3% to 13.2%.
What is the long-term trend for Thor Industries's gross margin?
Over 5 years (2020 to 2025), Thor Industries's gross margin has grown at a 0.4% compound annual growth rate (CAGR), from 13.7% to 14%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.