Thor Industries - Stock

Thor Industries Equity 2024

Thor Industries Equity

3.98 B USD

Ticker

THO

ISIN

US8851601018

WKN

872478

In 2024, Thor Industries's equity was 3.98 B USD, a 10.66% increase from the 3.59 B USD equity in the previous year.

Thor Industries Aktienanalyse

What does Thor Industries do?

Thors Industries Inc. is a US-American company operating in the recreational vehicle industry. It was founded in 1980 and is headquartered in Elkhart, Indiana. The company is listed on the New York Stock Exchange and employs over 23,000 employees. Thor Industries is one of the leading manufacturers of recreational vehicles in North America and Europe and offers a wide range of products that meet the needs of customers. Business model: Thor Industries' business model is based on three main pillars: the development, production, and sale of recreational vehicles. The company operates in two business segments: the Towable and Motorized segments. The product range includes motorhomes, campers, trailers, and camping equipment. The company serves both the mass and niche markets and has a broad customer base consisting of families, retirees, and outdoor enthusiasts. History: Thor Industries was founded in 1980 by Wade F. B. Thompson and Peter Orthwein. They started with the production of small trailers and soon expanded their range to include motorhomes. In 1991, Thor Industries was listed on the New York Stock Exchange. Since then, the company has undergone rapid development and has become one of the largest recreational vehicle manufacturers in North America and Europe. Over the years, the company has acquired seven more recreational vehicle manufacturers, including Airstream, Hymer, and Jayco. In 2018, Thor Industries generated revenues of $8.3 billion. Segments: Thor Industries' Towable segment specializes in the production of trailers and motorhomes. This includes motorhomes, fifth-wheels, campers, and support wheels. Thor Industries' Motorized segment produces various types of motorhomes and caravans, ranging from minibusses to luxury vehicles. One of the company's most well-known brands is Airstream, known for its iconic aluminum motorhomes. Other well-known brands of the company include Jayco, Hymer, and Keystone. Products: Thor Industries' product range is diverse and includes everything an outdoor enthusiast needs. Depending on their needs and budget, customers can choose between different motorhomes, trailers, and caravans, ranging from simple, affordable models to luxury vehicles with all the extras. For example, the Jayco brand offers motorhomes and trailers tailored to outdoor enthusiasts and families, equipped with the latest technology. Summary: Over the past 40 years, Thor Industries has undergone remarkable development and has grown into a leading company in the recreational vehicle industry. The business model is based on the development, production, and sale of recreational vehicles that meet the needs of various customer groups. The company operates in two main segments, the Towable and Motorized segments, and offers a wide range of products. Thanks to the acquisition of seven other recreational vehicle manufacturers, the company has been able to expand its offering and is now represented with some of the most well-known brands in the industry. Thor Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Thor Industries's Equity

Thor Industries's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Thor Industries's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Thor Industries's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Thor Industries's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Thor Industries’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Thor Industries Stock

What is the equity of Thor Industries this year?

Thor Industries has equity of 3.98 B USD this year.

What was the equity of Thor Industries compared to the previous year?

The equity of Thor Industries has increased/decreased by 10.66% increased compared to the previous year.

What impact does a high equity have on investors of Thor Industries?

A high equity is advantageous for investors of Thor Industries as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Thor Industries?

A low equity can be a risk for investors of Thor Industries, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Thor Industries affect the company?

An increase in equity of Thor Industries can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Thor Industries affect the company?

A reduction in equity of Thor Industries can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Thor Industries?

Some factors that can affect the equity of Thor Industries include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Thor Industries so important for investors?

The equity of Thor Industries is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Thor Industries take to change the equity?

To change equity, Thor Industries can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Thor Industries pay?

Over the past 12 months, Thor Industries paid a dividend of 1.86 USD . This corresponds to a dividend yield of about 1.91 %. For the coming 12 months, Thor Industries is expected to pay a dividend of 2.36 USD.

What is the dividend yield of Thor Industries?

The current dividend yield of Thor Industries is 1.91 %.

When does Thor Industries pay dividends?

Thor Industries pays a quarterly dividend. This is distributed in the months of August, November, January, May.

How secure is the dividend of Thor Industries?

Thor Industries paid dividends every year for the past 26 years.

What is the dividend of Thor Industries?

For the upcoming 12 months, dividends amounting to 2.36 USD are expected. This corresponds to a dividend yield of 2.43 %.

In which sector is Thor Industries located?

Thor Industries is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Thor Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Thor Industries from 4/23/2024 amounting to 0.48 USD, you needed to have the stock in your portfolio before the ex-date on 4/8/2024.

When did Thor Industries pay the last dividend?

The last dividend was paid out on 4/23/2024.

What was the dividend of Thor Industries in the year 2023?

In the year 2023, Thor Industries distributed 1.76 USD as dividends.

In which currency does Thor Industries pay out the dividend?

The dividends of Thor Industries are distributed in USD.

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Andere Kennzahlen von Thor Industries

Our stock analysis for Thor Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Thor Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.