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Thor Industries THO Inventory LIFO Reserve

Inventory LIFO Reserve at other companies

Thor Industries logo
Thor IndustriesTHO
$442.6M+22.4%
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La-Z-BoyLZB
$44.15M-5.3%
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Advance Auto PartsAAP
$121M+3,933%
Organon logo
OrganonOGN
$135M-6.9%
United Natural Foods logo
United Natural FoodsUNFI
$367M+3.1%
Hooker Furnishings Corporation logo
Hooker Furnishings CorporationHOFT
$25.89M+4.2%

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$4.14B-17.9%
Enterprise value$4.69B-13.6%
P/E15.8×-3.7×
P/S0.4×-0.1×

Profitability

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Gross margin13.2%-1.1pp
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

Reported directly by Thor Industries in its filing.

Tagged under the XBRL concept us-gaap:LIFOInventoryAmount.

The source filing: Thor Industries’s 10-Q, filed June 3, 2026.

Filed
Jun 3, 2026, 6:32 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000730263-26-000018

Of the $1,685,468 and $1,500,608 of inventories at April 30, 2026 and July 31, 2025, $1,242,868 and $1,089,453, respectively, was valued on the first-in, first-out (“FIFO”) basis, and $442,600 and $411,155, respectively, was valued on the last-in, first-out (“LIFO”) basis.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Thor Industries's inventory LIFO reserve?
Thor Industries (THO) reported inventory LIFO reserve of $442.6M in Q1 2026.
How has Thor Industries's inventory LIFO reserve changed year-over-year?
Thor Industries's inventory LIFO reserve increased by 22.4% year-over-year, from $361.59M to $442.6M.
What is the long-term trend for Thor Industries's inventory LIFO reserve?
Over 4 years (2021 to 2025), Thor Industries's inventory LIFO reserve has grown at a -4.7% compound annual growth rate (CAGR), from $497.51M to $411.16M.
What does inventory LIFO reserve mean?
This is the difference between the cost of inventory calculated using the FIFO or average cost method and the cost calculated using the LIFO method. It is used to adjust the LIFO-based inventory value to a current cost basis for analytical purposes. Investors use this to normalize earnings and inventory values when comparing companies that use different inventory accounting methods.

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