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Thor Industries THO Work in process

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Other financials

Income statement

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

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

Operating cash flow$234.2M-9.1%

CapEx$38.1M+13.7%

Free cash flow-$140.7M-3,174%

Valuation

Market cap$3.79B+4.9%

Profitability

Gross margin13.2%-1.1pp

Net margin2.7%+0.3pp

FCF margin2.3%-3.4pp

Returns & leverage

Return on equity6.1%+0.7pp

Debt / equity0.2×0.0×

Current ratio1.7×0.0×

Where this comes from

Reported directly by Thor Industries in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

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 work in process?: Thor Industries (THO) reported work in process of $331.27M in Q1 2026.
How has Thor Industries's work in process changed year-over-year?: Thor Industries's work in process increased by 9.4% year-over-year, from $302.8M to $331.27M.
What is the long-term trend for Thor Industries's work in process?: Over 5 years (2020 to 2025), Thor Industries's work in process has grown at a 16.0% compound annual growth rate (CAGR), from $128.18M to $269.28M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.