Thor Industries Financial Statements
NYSE: THOIndustrialsHomebuildingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Thor Industries revenue and earnings
In fiscal 2026, Thor Industries generated $9.61 billion in revenue, up 0.3% from fiscal 2025. Net income was $177.5 million (-31.3% year over year), for a net margin of 1.8% versus a median of 3.4% in the prior 5 years. Gross margin was 12.6% (down from 14.0%).
Diluted earnings per share came in at $3.38, down from $4.84. Over the last 5 fiscal years, THO's revenue has grown at a -4.8% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Thor Industries income statement (annual)
| Fiscal year (USD) | FY 20262026-07-31 | FY 20252025-07-31 | FY 20242024-07-31 | FY 20232023-07-31 | FY 20222022-07-31 | FY 20212021-07-31 | FY 20202020-07-31 | FY 20192019-07-31 | FY 20182018-07-31 | FY 20172017-07-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.61B | 9.58B | 10.04B | 11.12B | 16.31B | 12.32B | 8.17B | 7.86B | 8.33B | 7.25B |
| Revenue growth (YoY) | +0.30% | -4.62% | -9.69% | -31.82% | +32.44% | +50.80% | +3.85% | -5.57% | +14.93% | +58.16% |
| Cost of Revenue | 8.40B | 8.24B | 8.59B | 9.53B | 13.51B | 10.42B | 7.05B | 6.89B | 7.16B | 6.20B |
| Gross Profit | 1.21B | 1.34B | 1.45B | 1.60B | 2.81B | 1.89B | 1.12B | 973.09M | 1.16B | 1.04B |
| Research & Development | 41.58M | 48.58M | 49.38M | — | — | — | — | 9.38M | 2.01M | 2.58M |
| Selling, General & Admin | 903.40M | 922.55M | 895.53M | 870.05M | 1.12B | 869.92M | 634.12M | 536.04M | 477.44M | 419.85M |
| Interest Expense | 45.26M | 61.22M | 99.97M | 97.45M | 90.09M | 93.55M | 107.32M | 68.11M | 5.19M | 9.73M |
| Other Income (Expense) | 78.48M | 45.57M | 13.62M | 11.31M | 17.33M | 30.25M | 305.00K | -1.85M | 3.96M | 5.38M |
| Pretax Income | 238.72M | 296.19M | 348.84M | 499.35M | 1.46B | 844.58M | 272.90M | 184.67M | 633.03M | 556.39M |
| Income Tax | 64.07M | 39.60M | 83.44M | 125.11M | 321.62M | 183.71M | 51.51M | 52.20M | 202.88M | 182.13M |
| Net Income | 177.54M | 258.56M | 265.31M | 374.27M | 1.14B | 659.87M | 222.97M | 133.28M | 430.15M | 374.25M |
| Net Income growth (YoY) | -31.34% | -2.54% | -29.11% | -67.11% | +72.43% | +195.94% | +67.30% | -69.02% | +14.94% | +45.90% |
| EPS (Basic) | 3.39 | 4.87 | 4.98 | 7.00 | 20.67 | 11.93 | 4.04 | 2.47 | 8.17 | 7.12 |
| EPS (Diluted) | 3.38 | 4.84 | 4.94 | 6.95 | 20.59 | 11.85 | 4.02 | 2.47 | 8.14 | 7.09 |
| Shares Outstanding (Basic) | 52.37M | 53.09M | 53.25M | 53.48M | 55.03M | 55.33M | 55.17M | 53.91M | 52.67M | 52.56M |
| Shares Outstanding (Diluted) | 52.56M | 53.40M | 53.69M | 53.86M | 55.26M | 55.69M | 55.40M | 54.03M | 52.85M | 52.76M |
| Gross Margin | 12.62% | 13.99% | 14.46% | 14.35% | 17.20% | 15.38% | 13.69% | 12.37% | 13.98% | 14.40% |
| Net Margin | 1.85% | 2.70% | 2.64% | 3.37% | 6.98% | 5.36% | 2.73% | 1.69% | 5.16% | 5.16% |
This table shows 10 annual periods of Thor Industries's income statement, from FY 2026 back to FY 2017, across 16 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow THO's reporting calendar. What is a income statement?