Thor Industries Stock

Thor Industries ROA 2024

Thor Industries ROA

0.05

Ticker

THO

ISIN

US8851601018

WKN

872478

In 2024, Thor Industries's return on assets (ROA) was 0.05, a -66.44% increase from the 0.15 ROA 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.

ROA Details

Understanding Thor Industries's Return on Assets (ROA)

Thor Industries's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Thor Industries's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Thor Industries's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Thor Industries’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Thor Industries stock

What is the Return on Assets (ROA) of Thor Industries this year?

The Return on Assets (ROA) of Thor Industries is 0.05 undefined this year.

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

The ROA of Thor Industries has increased by -66.44% compared to the previous year.

What consequences do high ROA have for investors of Thor Industries?

A high ROA is advantageous for investors of Thor Industries, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Thor Industries?

A low ROA can be unfavorable for investors of Thor Industries as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

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

An increase in ROA of Thor Industries can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Thor Industries impact the company?

A reduction in the ROA of Thor Industries can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Thor Industries?

Some factors that can influence the ROA of Thor Industries include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Thor Industries important for investors?

The ROA of Thor Industries is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Thor Industries take to improve ROA?

To improve ROA, Thor Industries can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 1.8 %. 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 1.8 %.

When does Thor Industries pay dividends?

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

How secure is the dividend of Thor Industries?

Thor Industries paid dividends every year for the past 25 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 2.28 %.

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 7/18/2024 amounting to 0.48 USD, you needed to have the stock in your portfolio before the ex-date on 7/3/2024.

When did Thor Industries pay the last dividend?

The last dividend was paid out on 7/18/2024.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Thor Industries stock can be added to a savings plan with the following providers: Trade Republic

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.