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Thor Industries THO Other — Goodwill acquired

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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:GoodwillAcquiredDuringPeriod.

The source filing: Thor Industries’s 10-Q, filed December 4, 2024.

Filed
Dec 4, 2024
Fiscal quarter
Q1 FY2025
Calendar quarter
Q4 2024
Accession
0000730263-24-000014
Line itemNorth American TowableNorth American MotorizedEuropeanOtherTotal
Net balance as of August 1, 2023$337,883$65,064$965,758$431,717$1,800,422
Fiscal 2024 activity:
Goodwill acquired3,7513,751
Foreign currency translation(35,396)(35,396)
Net balance as of October 31, 2023$337,883$65,064$930,362$435,468$1,768,777

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Thor Industries's other — goodwill acquired?
Thor Industries (THO) reported other — goodwill acquired of $3.75M in Q3 2023.
What does other — goodwill acquired mean?
Captures the value of goodwill recognized during the reporting period specifically within the 'Other' segment due to new business acquisitions. This metric highlights the company's inorganic growth strategy and the capital deployed to expand its footprint in specialized or non-core markets. It serves as a key indicator of recent M&A activity and the premium paid for new business units.

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