Thor Industries, Inc. (THO) — Financial statements
Income statement, balance sheet, and cash flow for Thor Industries, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 9,580↓4.6% | 10,044↓9.7% | 11,121↓31.8% | 16,313↑32.4% | 12,317 | |
| Cost of Revenue | 8,383↓0.9% | 8,458↓12.5% | 9,666↓27.5% | 13,324↑26.2% | 10,562 | |
| Gross Profit | 1,197↓24.6% | 1,587↑9.0% | 1,455↓51.3% | 2,988↑70.2% | 1,755 | |
| Operating Expenses | ||||||
| R&D Expenses | 49↓1.6% | 49↑34.9% | 37↓6.2% | 39↑45.7% | 27 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 849↑3.2% | 822↓1.4% | 833↓22.6% | 1,077↑31.3% | 821 | |
| Other Expenses | 0.00↓100.0% | 290 | 0.00↓100.0% | 339 | 0.00 | |
| Operating Expenses | 897↓22.8% | 1,162↑33.5% | 870↓40.2% | 1,455↑71.7% | 848 | |
| Total Costs & Expenses | 9,280↓3.5% | 9,620↓8.7% | 10,536↓28.7% | 14,780↑29.5% | 11,410 | |
| Operating Results | ||||||
| Operating Income | 300↓29.5% | 425↓27.4% | 585↓61.8% | 1,533↑68.8% | 908 | |
| Depreciation & Amortization | 271↓2.1% | 277↑0.1% | 277↓2.6% | 284↑23.4% | 231 | |
| EBITDA | 571↓18.7% | 702↓18.6% | 862↓52.6% | 1,817↑59.6% | 1,138 | |
| EBIT | 300↓29.5% | 425↓27.4% | 585↓61.8% | 1,533↑68.8% | 908 | |
| Interest & Other Income | ||||||
| Net Interest Income | -48↑45.4% | -89↑9.0% | -97↓8.2% | -90↑3.7% | -94 | |
| Interest Income | 0.00 | 0.00 | 0.00↓100.0% | 1↑41.8% | 0.80 | |
| Interest Expense | 48↓45.4% | 89↓9.0% | 97↑6.8% | 91↓3.3% | 94 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -3↑95.5% | -76↑11.3% | -86↓17.8% | -73↓15.0% | -63 | |
| Income Before Tax | 296↓15.1% | 349↓30.1% | 499↓65.8% | 1,460↑72.9% | 845 | |
| Income Tax Expense | 40↓52.5% | 83↓33.3% | 125↓61.1% | 322↑75.1% | 184 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 257↓3.3% | 265↓29.1% | 374↓67.1% | 1,138↑72.2% | 661 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 259↓2.5% | 265↓29.1% | 374↓67.1% | 1,138↑72.4% | 660 | |
| Bottom-Line Net Income | 259↓2.5% | 265↓29.1% | 374↓67.1% | 1,138↑72.4% | 660 | |
| EPS (Basic) | 4.87↓2.2% | 4.98↓28.9% | 7.00↓66.1% | 20.67↑73.3% | 11.93 | |
| EPS (Diluted) | 4.84↓2.0% | 4.94↓28.9% | 6.95↓66.2% | 20.59↑73.8% | 11.85 | |
| Weighted Average Shares | 53↓0.3% | 53↓0.4% | 53↓2.8% | 55↓0.5% | 55 | |
| Weighted Average Diluted Shares | 53↓0.5% | 54↓0.3% | 54↓2.5% | 55↓0.8% | 56 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.