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Thor Industries THO Towables — Goodwill

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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:Goodwill.

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 itemNorth American TowableNorth American MotorizedEuropeanOtherTotal
Net balance as of August 1, 2025$337,883$65,064$1,002,819$435,352$1,841,118
Fiscal 2026 activity:
Goodwill acquired10,56810,568
Foreign currency translation22,42822,428
Net balance as of April 30, 2026$337,883$65,064$1,025,247$445,920$1,874,114

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Thor Industries's towables — goodwill?
Thor Industries (THO) reported towables — goodwill of $337.88M in Q1 2026.
How has Thor Industries's towables — goodwill changed year-over-year?
Thor Industries's towables — goodwill decreased by 0.0% year-over-year, from $337.88M to $337.88M.
What is the long-term trend for Thor Industries's towables — goodwill?
Over 4 years (2021 to 2025), Thor Industries's towables — goodwill has grown at a -0.5% compound annual growth rate (CAGR), from $1.38B to $1.35B.
What does towables — goodwill mean?
The total carrying value of goodwill assigned to the Towables business segment, representing the excess of the purchase price over the fair value of identifiable net assets acquired. This asset reflects the long-term strategic value, brand equity, and synergies expected from the Towables business unit. Monitoring this balance is essential for assessing the segment's historical acquisition activity and potential future impairment risks.

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