Thor Industries Net Income

THO Stock  USD 118.58  1.63  1.36%   
As of the 10th of February, Thor Industries has the Semi Deviation of 1.97, risk adjusted performance of 0.0844, and Coefficient Of Variation of 1029.81. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thor Industries, as well as the relationship between them.

Thor Industries Total Revenue

11.57 Billion

Thor Industries' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Thor Industries' valuation are provided below:
Gross Profit
1.4 B
Profit Margin
0.0287
Market Capitalization
6.3 B
Enterprise Value Revenue
0.6878
Revenue
9.8 B
We have found one hundred twenty available fundamental trend indicators for Thor Industries, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Thor Industries' current fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 10th of February 2026, Market Cap is likely to grow to about 4.6 B. Also, Enterprise Value is likely to grow to about 4.9 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income297.3 M177.2 M
Net Income Applicable To Common Shares297.3 M245.8 M
Net Income From Continuing Ops295.1 M370.8 M
Net Income Per Share 4.38  2.21 
Net Income Per E B T 0.79  0.52 
As of the 10th of February 2026, Net Income From Continuing Ops is likely to grow to about 370.8 M, while Net Income is likely to drop about 177.2 M.
  
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Evaluating Thor Industries's Net 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' Net Income Growth Pattern

Below is the plot of the Net Income of Thor Industries over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Thor Industries financial statement analysis. It represents the amount of money remaining after all of Thor Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Thor Industries' Net 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.
ViewLast Reported 258.56 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Thor Net Income Regression Statistics

Arithmetic Mean307,863,563
Geometric Mean215,143,788
Coefficient Of Variation84.39
Mean Deviation169,062,845
Median256,519,000
Standard Deviation259,801,093
Sample Variance67496.6T
Range1.1B
R-Value0.35
Mean Square Error63358.2T
R-Squared0.12
Significance0.17
Slope17,820,830
Total Sum of Squares1079945.7T

Thor Net Income History

2026164.5 M
2025297.3 M
2024258.6 M
2023265.3 M
2022374.3 M
20211.1 B
2020659.9 M

Other Fundumenentals of Thor Industries

Thor Industries Net Income component correlations

Thor Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Thor Industries is extremely important. It helps to project a fair market value of Thor Stock properly, considering its historical fundamentals such as Net Income. Since Thor Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Thor Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Thor Industries' interrelated accounts and indicators.
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
5.21
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.

Thor Industries 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Thor Industries' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Thor Industries.
0.00
11/12/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/10/2026
0.00
If you would invest  0.00  in Thor Industries on November 12, 2025 and sell it all today you would earn a total of 0.00 from holding Thor Industries or generate 0.0% return on investment in Thor Industries over 90 days. Thor Industries is related to or competes with Rivian Automotive, Honda, Aptiv PLC, Genuine Parts, Best Buy, Dicks Sporting, and Yum China. THOR Industries, Inc. designs, manufactures, and sells recreational vehicles , and related parts and accessories in the ... More

Thor Industries Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Thor Industries' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Thor Industries upside and downside potential and time the market with a certain degree of confidence.

Thor Industries Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Thor Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thor Industries' standard deviation. In reality, there are many statistical measures that can use Thor Industries historical prices to predict the future Thor Industries' volatility.
Hype
Prediction
LowEstimatedHigh
118.67121.12123.57
Details
Intrinsic
Valuation
LowRealHigh
108.90126.28128.73
Details
17 Analysts
Consensus
LowTargetHigh
103.21113.42125.89
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.082.262.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thor Industries. Your research has to be compared to or analyzed against Thor Industries' peers to derive any actionable benefits. When done correctly, Thor Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Thor Industries.

Thor Industries February 10, 2026 Technical Indicators

Thor Industries Backtested Returns

Thor Industries appears to be very steady, given 3 months investment horizon. Thor Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Thor Industries, which you can use to evaluate the volatility of the company. Please review Thor Industries' Coefficient Of Variation of 1029.81, risk adjusted performance of 0.0844, and Semi Deviation of 1.97 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Thor Industries holds a performance score of 9. The entity has a beta of 0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thor Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Thor Industries is expected to be smaller as well. Please check Thor Industries' value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Thor Industries' existing price patterns will revert.

Auto-correlation

    
  0.66  

Good predictability

Thor Industries has good predictability. Overlapping area represents the amount of predictability between Thor Industries time series from 12th of November 2025 to 27th of December 2025 and 27th of December 2025 to 10th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thor Industries price movement. The serial correlation of 0.66 indicates that around 66.0% of current Thor Industries price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.55
Residual Average0.0
Price Variance28.1
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Thor Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

9.82 Million

At this time, Thor Industries' Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, Thor Industries reported net income of 258.56 M. This is 49.37% lower than that of the Automobiles sector and 79.55% higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 54.72% higher than that of the company.

Thor Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thor Industries' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thor Industries could also be used in its relative valuation, which is a method of valuing Thor Industries by comparing valuation metrics of similar companies.
Thor Industries is currently under evaluation in net income category among its peers.

Thor Industries Current Valuation Drivers

We derive many important indicators used in calculating different scores of Thor Industries from analyzing Thor Industries' financial statements. These drivers represent accounts that assess Thor Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thor Industries' important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap6.5B4.6B6.2B4.8B4.3B4.6B
Enterprise Value7.7B6.1B7.0B5.2B4.6B4.9B

Thor Industries ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Thor Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Thor Industries' managers, analysts, and investors.
Environmental
Governance
Social

Thor Industries Institutional Holders

Institutional Holdings refers to the ownership stake in Thor Industries that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Thor Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Thor Industries' value.
Shares
Madison Asset Management, Llc2025-06-30
1.1 M
Southpoint Capital Advisors Lp2025-06-30
1000 K
Geode Capital Management, Llc2025-06-30
909.5 K
Envestnet Asset Management Inc2025-06-30
843.1 K
Goldman Sachs Group Inc2025-06-30
735.3 K
Royal London Asset Management Ltd2025-06-30
733.9 K
Wells Fargo & Co2025-06-30
696.2 K
Balyasny Asset Management Llc2025-06-30
695.6 K
Oppenheimer Investment Advisers2025-06-30
672.7 K
Vanguard Group Inc2025-06-30
5.4 M
Kayne Anderson Rudnick Investment Management Llc2025-06-30
5.2 M

Thor Fundamentals

About Thor Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Thor Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thor Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thor Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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

  0.67F Ford Motor Sell-off TrendPairCorr
  0.86TM Toyota MotorPairCorr

Moving against Thor Stock

  0.73GRU Geely Automobile HoldingsPairCorr
  0.47BROGF BROGFPairCorr
  0.34NVNIW Nvni Group LimitedPairCorr
  0.34IVVD Invivyd Buyout TrendPairCorr
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 CorrelationCorrelation 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:
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To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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
5.21
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.