Thor Operating Income from 2010 to 2026

THO Stock

USD 113.65 0.41 0.36%

Thor Industries Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to drop to about 241.8 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Thor Industries generates from its operations. View All Fundamentals

Operating Income

First Reported

1985-10-31

Previous Quarter

191.9 M

Current Value

39 M

Quarterly Volatility

80.5 M

Black Monday

Oil Shock

Dot-com Bubble

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Check Thor Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thor Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 327.5 M, Total Revenue of 11.6 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.0128 or PTB Ratio of 1.78. Thor financial statements analysis is a perfect complement when working with Thor Industries Valuation or Volatility modules.

Build AI portfolio with Thor Stock

Check out the analysis of Thor Industries Correlation against competitors.

To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.

Evaluating Thor Industries's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Thor Industries's fundamental strength.

Latest Thor Industries' Operating Income Growth Pattern

Below is the plot of the Operating Income of Thor Industries over the last few years. Operating Income is the amount of profit realized from Thor Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Thor Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Thor Industries' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thor Industries' overall financial position and show how it may be relating to other accounts over time.

Operating Income

10 Years Trend

Slightly volatile

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Operating Income

Timeline

Thor Operating Income Regression Statistics

	Arithmetic Mean	453,161,304
	Geometric Mean	324,554,256
	Coefficient Of Variation	77.91
	Mean Deviation	237,893,203
	Median	392,094,000
	Standard Deviation	353,042,804
	Sample Variance	124639.2T
	Range	1.5B
	R-Value	0.39
	Mean Square Error	113186.6T
	R-Squared	0.15
	Significance	0.13
	Slope	26,954,427
	Total Sum of Squares	1994227.5T

Thor Operating Income History

	2026	241.8 M
	2025	480.8 M
	2024	418.1 M
	2023	423.9 M
	2022	596.8 M
	2021	1.5 B
	2020	938.9 M

Other Fundumenentals of Thor Industries

Non Operating Income Net Other

Thor Industries Operating Income component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Short Term Debt	Accounts Payable	Good Will	Common Stock	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Current Deferred Revenue	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.96	0.73	0.95	0.93	0.95	0.99	0.94	0.73	0.98	0.99	0.53	-0.85	1.0	0.27	0.81	0.91	0.12	0.61	0.09	0.35	0.79	-0.88	0.96	0.85	0.9	0.78
Total Stockholder Equity	0.96		0.5	1.0	0.83	0.82	0.96	0.82	0.67	0.91	0.95	0.53	-0.88	0.95	0.26	0.61	0.89	-0.06	0.78	0.17	0.11	0.59	-0.82	0.91	0.83	0.91	0.84
Net Debt	0.73	0.5		0.48	0.79	0.9	0.69	0.88	0.64	0.75	0.72	0.27	-0.49	0.72	0.27	0.98	0.64	0.57	-0.01	-0.12	0.71	0.97	-0.69	0.74	0.55	0.58	0.32
Retained Earnings	0.95	1.0	0.48		0.81	0.8	0.95	0.8	0.66	0.9	0.94	0.53	-0.89	0.94	0.29	0.59	0.88	-0.06	0.79	0.17	0.06	0.56	-0.8	0.9	0.81	0.91	0.84
Net Receivables	0.93	0.83	0.79	0.81		0.95	0.94	0.95	0.6	0.96	0.9	0.61	-0.78	0.91	0.28	0.86	0.8	0.22	0.35	-0.09	0.53	0.81	-0.89	0.85	0.75	0.79	0.63
Total Liab	0.95	0.82	0.9	0.8	0.95		0.93	0.98	0.72	0.95	0.94	0.48	-0.74	0.94	0.24	0.95	0.85	0.31	0.37	-0.02	0.59	0.93	-0.87	0.92	0.8	0.8	0.63
Total Current Assets	0.99	0.96	0.69	0.95	0.94	0.93		0.92	0.68	0.98	0.98	0.57	-0.87	0.98	0.3	0.78	0.9	0.1	0.6	0.06	0.31	0.75	-0.87	0.95	0.82	0.91	0.78
Intangible Assets	0.94	0.82	0.88	0.8	0.95	0.98	0.92		0.68	0.94	0.91	0.51	-0.79	0.94	0.3	0.92	0.83	0.3	0.39	-0.07	0.51	0.87	-0.88	0.89	0.75	0.79	0.6
Short Term Debt	0.73	0.67	0.64	0.66	0.6	0.72	0.68	0.68		0.65	0.77	0.12	-0.52	0.77	0.12	0.69	0.81	0.17	0.47	0.26	0.34	0.68	-0.64	0.82	0.78	0.71	0.59
Accounts Payable	0.98	0.91	0.75	0.9	0.96	0.95	0.98	0.94	0.65		0.96	0.52	-0.8	0.96	0.22	0.83	0.87	0.11	0.5	0.07	0.43	0.8	-0.87	0.93	0.82	0.88	0.74
Good Will	0.99	0.95	0.72	0.94	0.9	0.94	0.98	0.91	0.77	0.96		0.48	-0.82	0.99	0.23	0.8	0.92	0.11	0.62	0.14	0.34	0.8	-0.84	0.97	0.88	0.9	0.8
Common Stock	0.53	0.53	0.27	0.53	0.61	0.48	0.57	0.51	0.12	0.52	0.48		-0.75	0.5	0.15	0.39	0.5	-0.01	0.37	-0.46	0.18	0.32	-0.45	0.45	0.45	0.43	0.38
Treasury Stock	-0.85	-0.88	-0.49	-0.89	-0.78	-0.74	-0.87	-0.79	-0.52	-0.8	-0.82	-0.75		-0.83	-0.37	-0.59	-0.81	-0.04	-0.66	0.24	-0.02	-0.52	0.73	-0.81	-0.65	-0.82	-0.58
Property Plant Equipment	1.0	0.95	0.72	0.94	0.91	0.94	0.98	0.94	0.77	0.96	0.99	0.5	-0.83		0.24	0.81	0.92	0.11	0.63	0.11	0.37	0.78	-0.9	0.96	0.88	0.89	0.78
Net Tangible Assets	0.27	0.26	0.27	0.29	0.28	0.24	0.3	0.3	0.12	0.22	0.23	0.15	-0.37	0.24		0.23	0.2	0.67	0.07	-0.04	-0.22	0.21	-0.34	0.27	-0.06	0.37	0.13
Long Term Debt	0.81	0.61	0.98	0.59	0.86	0.95	0.78	0.92	0.69	0.83	0.8	0.39	-0.59	0.81	0.23		0.76	0.48	0.13	-0.1	0.71	0.97	-0.76	0.82	0.69	0.67	0.45
Capital Surpluse	0.91	0.89	0.64	0.88	0.8	0.85	0.9	0.83	0.81	0.87	0.92	0.5	-0.81	0.92	0.2	0.76		0.06	0.61	0.17	0.28	0.7	-0.8	0.97	0.92	0.93	0.78
Deferred Long Term Liab	0.12	-0.06	0.57	-0.06	0.22	0.31	0.1	0.3	0.17	0.11	0.11	-0.01	-0.04	0.11	0.67	0.48	0.06		-0.33	-0.13	0.34	0.51	-0.15	0.16	-0.08	0.08	-0.09
Long Term Investments	0.61	0.78	-0.01	0.79	0.35	0.37	0.6	0.39	0.47	0.5	0.62	0.37	-0.66	0.63	0.07	0.13	0.61	-0.33		0.28	-0.28	0.11	-0.44	0.57	0.61	0.59	0.72
Accumulated Depreciation	0.09	0.17	-0.12	0.17	-0.09	-0.02	0.06	-0.07	0.26	0.07	0.14	-0.46	0.24	0.11	-0.04	-0.1	0.17	-0.13	0.28		-0.17	-0.04	0.0	0.16	0.26	0.21	0.58
Current Deferred Revenue	0.35	0.11	0.71	0.06	0.53	0.59	0.31	0.51	0.34	0.43	0.34	0.18	-0.02	0.37	-0.22	0.71	0.28	0.34	-0.28	-0.17		0.72	-0.44	0.32	0.42	0.1	0.08
Long Term Debt Total	0.79	0.59	0.97	0.56	0.81	0.93	0.75	0.87	0.68	0.8	0.8	0.32	-0.52	0.78	0.21	0.97	0.7	0.51	0.11	-0.04	0.72		-0.68	0.8	0.65	0.63	0.46
Short Long Term Debt	-0.88	-0.82	-0.69	-0.8	-0.89	-0.87	-0.87	-0.88	-0.64	-0.87	-0.84	-0.45	0.73	-0.9	-0.34	-0.76	-0.8	-0.15	-0.44	0.0	-0.44	-0.68		-0.82	-0.78	-0.75	-0.59
Net Invested Capital	0.96	0.91	0.74	0.9	0.85	0.92	0.95	0.89	0.82	0.93	0.97	0.45	-0.81	0.96	0.27	0.82	0.97	0.16	0.57	0.16	0.32	0.8	-0.82		0.88	0.95	0.77
Cash And Equivalents	0.85	0.83	0.55	0.81	0.75	0.8	0.82	0.75	0.78	0.82	0.88	0.45	-0.65	0.88	-0.06	0.69	0.92	-0.08	0.61	0.26	0.42	0.65	-0.78	0.88		0.78	0.81
Net Working Capital	0.9	0.91	0.58	0.91	0.79	0.8	0.91	0.79	0.71	0.88	0.9	0.43	-0.82	0.89	0.37	0.67	0.93	0.08	0.59	0.21	0.1	0.63	-0.75	0.95	0.78		0.77
Capital Stock	0.78	0.84	0.32	0.84	0.63	0.63	0.78	0.6	0.59	0.74	0.8	0.38	-0.58	0.78	0.13	0.45	0.78	-0.09	0.72	0.58	0.08	0.46	-0.59	0.77	0.81	0.77

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About Thor Industries Financial Statements

Thor Industries investors utilize fundamental indicators, such as Operating Income, to predict how Thor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.

	Last Reported	Projected for Next Year
Operating Income	480.8 M	241.8 M
Non Operating Income Net Other	21.2 M	22.3 M

Pair Trading with Thor Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thor Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thor Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Thor Stock

0.69	F	Ford Motor Earnings Call This Week	Pair Corr
0.61	GM	General Motors	Pair Corr
0.86	TM	Toyota Motor	Pair Corr

Moving against Thor Stock

0.81	ECDA	ECD Automotive Design	Pair Corr
0.8	RNL	Renault SA	Pair Corr
0.79	RNL	Renault SA	Pair Corr
0.73	DCX	Digital Currency X Symbol Change	Pair Corr
0.68	NIO	Nio Class A	Pair Corr

The ability to find closely correlated positions to Thor Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thor Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thor Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thor Industries to buy it.

The correlation of Thor Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thor Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thor Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Thor Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock:

How To Invest In Thor

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Is Thor Stock a good investment?

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What is Thor Industries' Net Worth?

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Largest Automobile Manufacturers Companies

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Check out the analysis of Thor Industries Correlation against competitors.

To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Will Automobile Manufacturers sector continue expanding? Could Thor diversify its offerings? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Thor Industries data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.

Quarterly Earnings Growth

0.399

Dividend Share

2.02

Earnings Share

5.28

Revenue Per Share

185.342

Quarterly Revenue Growth

0.115

The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Thor Industries' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

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Thor Operating Income from 2010 to 2026

Latest Thor Industries' Operating Income Growth Pattern

Thor Operating Income Regression Statistics

Thor Operating Income History

Other Fundumenentals of Thor Industries

Thor Industries Operating Income component correlations

About Thor Industries Financial Statements

Pair Trading with Thor Industries

Moving together with Thor Stock

Moving against Thor Stock

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