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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›THO›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

THOR INDUSTRIES INC (THO) financials

Income statement

THOR INDUSTRIES INC (THO) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$4.58B$7.25B$8.33B$7.86B$8.17B$12.3B$16.3B$11.1B$10.0B$9.58B
Revenue growth—58.2%14.9%-5.6%3.9%50.8%32.4%-31.8%-9.7%-4.6%
Gross profit$726M$1.04B$1.16B$973M$1.12B$1.89B$2.81B$1.60B$1.45B$1.34B
Gross margin15.9%14.4%14.0%12.4%13.7%15.4%17.2%14.4%14.5%14.0%
Net income$257M$374M$430M$133M$223M$660M$1.14B$374M$265M$259M
Net margin5.6%5.2%5.2%1.7%2.7%5.4%7.0%3.4%2.6%2.7%
EPS (diluted)$4.88$7.09$8.14$2.47$4.02$11.85$20.59$6.95$4.94$4.84

Cash flow

THOR INDUSTRIES INC (THO) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$341M$419M$467M$508M$541M$526M$990M$982M$546M$578M
Capital expenditures$54.0M$118M$137M$127M$106M$132M$241M$209M$140M$122M
Free cash flow$287M$302M$329M$381M$435M$395M$750M$773M$406M$456M
Share buybacks————$0.00$0.00$165M$42.0M$68.4M$52.6M
Dividends paid$63.0M$69.4M$78.0M$84.1M——————

Balance sheet

THOR INDUSTRIES INC (THO) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$210M$223M$275M$426M$539M$446M$312M$441M$501M$587M
Total assets$2.33B$2.56B$2.78B$5.66B$5.77B$6.65B$7.41B$7.26B$7.02B$7.07B
Long-term debt———$1.89B$1.65B$1.59B$1.75B$1.29B$1.10B$920M
Shareholders' equity$1.27B$1.58B$1.94B$2.08B$2.32B$2.92B$3.59B$3.98B$4.07B$4.29B
Retained earnings$1.37B$1.67B$2.02B$2.07B$2.20B$2.77B$3.81B$4.09B$4.25B$4.41B
Shares (wtd avg diluted)52.6M52.8M52.9M54.0M55.4M55.7M55.3M53.9M53.7M53.4M

Every figure is extracted from THOR INDUSTRIES INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is THOR INDUSTRIES INC's annual revenue?
THOR INDUSTRIES INC (THO) reported $9.58B of revenue for fiscal year 2025 — down 4.6% from $10.0B in FY2024, per its annual report filed with the SEC.
Is THOR INDUSTRIES INC profitable?
Yes — THO earned $259M of net income in FY2025, a 2.7% net margin, per SEC filings.
What is THOR INDUSTRIES INC's free cash flow?
$456M in FY2025 (operating cash flow $578M minus $122M of capital expenditures), from the SEC cash-flow statement.
Does THO pay a dividend?
THOR INDUSTRIES INC reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full THO analysis — verdict, score & filings →Is THO a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.