15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $9.6B | $259M | 14.0% | 0.0% | $456M | $923M | $587M |
| 2024 | $10.0B | $265M | 14.5% | 0.0% | $406M | $1.1B | $501M |
| 2023 | $11.1B | $374M | 14.4% | 0.0% | $773M | $1.3B | $441M |
| 2022 | $16.3B | $1.1B | 17.2% | 0.0% | $750M | $1.8B | $312M |
| 2021 | $12.3B | $660M | 15.4% | 0.0% | $395M | $1.6B | $446M |
| 2020 | $8.2B | $223M | 13.7% | 0.0% | $435M | $1.7B | $539M |
| 2019 | $7.9B | $133M | 12.4% | 0.0% | $381M | $1.9B | $426M |
| 2018 | $8.3B | $430M | 14.0% | 0.0% | $329M | — | $275M |
| 2017 | $7.2B | $374M | 14.4% | 0.0% | $302M | — | $223M |
| 2016 | $4.6B | $257M | 15.9% | 0.0% | $287M | — | $210M |
| 2015 | — | $199M | — | — | $205M | — | $183M |
| 2014 | — | $179M | — | — | $119M | — | $289M |
| 2013 | — | $153M | — | — | $121M | — | $237M |
| 2012 | — | $122M | — | — | $108M | — | $219M |
| 2011 | — | $106M | — | — | — | — | $215M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Apr '26 | $2.8B | $97M | 12.8% | 0.0% | — | $874M | $372M |
| Jan '26 | $2.1B | $18M | 11.8% | 0.0% | -$145M | $881M | $242M |
| Oct '25 | $2.4B | $22M | 13.4% | 0.0% | -$75M | $916M | $510M |
| Jul '25 | $2.5B | $126M | 14.7% | 0.0% | $222M | $923M | $587M |
| Apr '25 | $2.9B | $135M | 15.3% | 0.0% | $223M | $1.0B | $508M |
| Jan '25 | $2.0B | -$551000 | 12.1% | 0.0% | $6M | $1.0B | $374M |
| Oct '24 | $2.1B | -$2M | 13.1% | 0.0% | $6M | $1.1B | $445M |
| Jul '24 | $2.5B | $90M | 15.8% | 0.0% | $301M | $1.1B | $501M |
| Apr '24 | $2.8B | $115M | 15.1% | 0.0% | $225M | $1.2B | $372M |
| Jan '24 | $2.2B | $7M | 12.3% | 0.0% | -$140M | $1.4B | $340M |
| Oct '23 | $2.5B | $54M | 14.3% | 0.0% | $19M | $1.3B | $426M |
| Jul '23 | $2.7B | $90M | 14.4% | 0.0% | $449M | $1.3B | $441M |
| Apr '23 | $2.9B | $121M | 14.8% | 0.0% | $240M | $1.7B | $353M |
| Jan '23 | $2.3B | $27M | 12.1% | 0.0% | $44M | $1.8B | $282M |
| Oct '22 | $3.1B | $136M | 15.7% | 0.0% | $40M | $1.7B | $292M |
| Jul '22 | $3.8B | $281M | 17.5% | 0.0% | $284M | $1.8B | $312M |
| Apr '22 | $4.7B | $348M | 17.3% | 0.0% | $284M | $2.0B | $329M |
| Jan '22 | $3.9B | $267M | 17.4% | 0.0% | $181M | $2.2B | $305M |
| Oct '21 | $4.0B | $242M | 16.6% | 0.0% | $776000 | $2.2B | $336M |
| Jul '21 | $3.6B | $230M | 16.6% | 0.0% | $301M | $1.6B | $446M |
How the market has priced THO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Thor Industries Inc's revenue has grown 3.2% per year, and net income grown 3.0% per year. These are computed facts, not advice.
As of FY2025, Thor Industries Inc reported $923M of total debt against $587M of cash.
In FY2025, gross margin was 14.0%, operating margin —, and net margin 2.7%.
As of Jun '26, Thor Industries Inc traded at a price-to-earnings ratio of about 15.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.