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Thor Industries THO Noncontrolling interests in subsidiaries

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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-13.5%
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:MinorityInterest.

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
Line itemApril 30, 2026July 31, 2025
Additional paid-in capital633,576608,481
Retained earnings4,461,9684,407,163
Accumulated other comprehensive income, net of tax49,73910,390
Less: Treasury shares of 15,601,727 and 14,649,597, respectively, at cost(837,687)(744,264)
Stockholders’ equity attributable to THOR Industries, Inc.4,314,3624,288,498
Non-controlling interests(1,887)1,054
Total stockholders’ equity4,312,4754,289,552
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$7,154,775$7,065,284

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Thor Industries's noncontrolling interests in subsidiaries?
Thor Industries (THO) reported noncontrolling interests in subsidiaries of -$1.89M in Q1 2026.
How has Thor Industries's noncontrolling interests in subsidiaries changed year-over-year?
Thor Industries's noncontrolling interests in subsidiaries decreased by 567.1% year-over-year, from $404K to -$1.89M.
What is the long-term trend for Thor Industries's noncontrolling interests in subsidiaries?
Over 4 years (2021 to 2025), Thor Industries's noncontrolling interests in subsidiaries has grown at a -55.2% compound annual growth rate (CAGR), from $26.26M to $1.05M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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