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Thor Industries THO North American Towable — Net Sales

Other segment segments

European
$987.59M+11.8%
North American Motorized
$717.74M+7.7%

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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$4.04B-19.7%
Enterprise value$4.59B-15.2%
P/E15.4×-4.1×
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
NET SALES:Three Months Ended April 30, 2026Three Months Ended April 30, 2025Nine Months Ended April 30, 2026Nine Months Ended April 30, 2025
Recreational vehicles
North American Towable$881,778$1,168,878$2,489,353$2,895,922
North American Motorized717,736666,6861,955,9031,618,192
Total North America1,599,5141,835,5644,445,2564,514,114
European987,585883,5422,327,5362,100,910
Total recreational vehicles2,587,0992,719,1066,772,7926,615,024
Other276,805258,427759,526637,591
Intercompany eliminations(82,366)(82,717)(235,801)(196,908)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Thor Industries's north american towable — net sales?
Thor Industries (THO) reported north american towable — net sales of $881.78M in Q1 2026.
How has Thor Industries's north american towable — net sales changed year-over-year?
Thor Industries's north american towable — net sales decreased by 24.6% year-over-year, from $1.17B to $881.78M.
What is the long-term trend for Thor Industries's north american towable — net sales?
Over 4 years (2021 to 2025), Thor Industries's north american towable — net sales has grown at a -11.7% compound annual growth rate (CAGR), from $6.22B to $3.78B.
What does north american towable — net sales mean?
Represents the total revenue generated from the sale of towable recreational vehicles within the North American market. This metric reflects the primary demand for travel trailers and fifth wheels, serving as a key indicator of the segment's market share and consumer appetite for towable RV products.

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