Thor Industries (THO) Stock Price

Thor Industries Price

NYSE·CLOSED
78.97USD-2.34 (-2.92 %)
Market closed

Revenue has compounded at 6.2% per year over the past 19 years to 9.58 B USD. Earnings per share have grown at 2.4% per year over the last 19 years. Thor Industries's net margin stands at 2.7%, down from 5.4% several years earlier. Thor Industries currently offers a dividend yield of about 2.56%. The payout ratio is around 41% of earnings. The dividend has grown at 11.0% per year over the past 19 years. Analysts set a median price target of 117.30 USD, implying 48.5% above the current price. Of 21 analysts, 7 rate the stock a buy — an overall Hold consensus. The stock trades about 11% above its 52-week low.

Thor Industries stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Thor Industries over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Thor Industries stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Thor Industries's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Thor Industries Stock Price History
DateThor Industries Price
8/12/202678.97 USD
8/11/202681.31 USD
8/10/202679.00 USD
8/7/202679.55 USD
8/6/202677.68 USD
8/5/202679.45 USD
8/4/202679.11 USD
8/3/202677.51 USD
7/31/202674.97 USD
7/30/202675.84 USD
7/29/202677.47 USD
7/27/202678.14 USD
7/23/202674.99 USD
7/22/202677.60 USD
7/21/202675.32 USD
7/20/202675.79 USD
7/17/202676.27 USD
7/16/202677.43 USD
7/15/202674.96 USD
7/14/202672.31 USD
7/13/202672.75 USD
7/10/202672.86 USD
7/9/202673.24 USD
7/8/202673.67 USD
7/7/202675.50 USD
7/6/202674.85 USD
7/2/202676.50 USD
7/1/202675.11 USD
6/30/202675.16 USD
6/29/202677.67 USD
6/26/202678.74 USD
6/25/202677.95 USD
6/24/202675.49 USD
6/23/202672.85 USD
6/22/202670.97 USD
6/18/202673.87 USD
6/17/202674.96 USD
6/16/202676.00 USD
6/15/202675.82 USD
6/12/202678.07 USD
6/11/202675.72 USD
6/10/202676.61 USD
6/9/202678.81 USD
6/8/202677.37 USD
6/5/202675.74 USD
6/4/202675.61 USD
6/3/202678.61 USD
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6/1/202676.91 USD
5/29/202679.82 USD
5/28/202678.89 USD
5/27/202680.63 USD
5/26/202678.00 USD
5/22/202676.13 USD
5/21/202673.97 USD
5/20/202673.65 USD
5/19/202672.13 USD
5/18/202673.81 USD
5/15/202674.08 USD
5/14/202677.30 USD
5/13/202674.86 USD
5/12/202674.70 USD
5/11/202674.66 USD
5/8/202677.20 USD
5/7/202676.94 USD
5/6/202677.18 USD
5/5/202675.24 USD
5/4/202673.72 USD
5/1/202678.18 USD
4/30/202679.04 USD
4/29/202677.75 USD
4/28/202678.29 USD
4/27/202678.68 USD
4/24/202679.00 USD
4/22/202678.00 USD
4/21/202680.52 USD
4/20/202681.11 USD
4/17/202680.55 USD
4/16/202678.23 USD
4/15/202676.18 USD
4/14/202678.75 USD
4/13/202679.29 USD
4/10/202679.23 USD
4/9/202680.28 USD
4/8/202679.06 USD
4/7/202676.25 USD
4/6/202677.30 USD
4/2/202677.36 USD
4/1/202677.87 USD
3/31/202679.89 USD
3/30/202678.23 USD
3/27/202679.12 USD
3/26/202681.44 USD
3/25/202681.62 USD
3/24/202683.07 USD
3/23/202680.45 USD
3/20/202675.20 USD
3/19/202676.35 USD
3/18/202678.00 USD
3/17/202681.20 USD
3/16/202683.59 USD
3/13/202682.34 USD
3/12/202682.34 USD
3/11/202684.71 USD
3/10/202684.71 USD
3/9/202685.89 USD
3/6/202686.30 USD
3/5/202690.26 USD
3/4/202690.86 USD
3/3/202690.37 USD
3/2/202695.69 USD
2/27/202696.13 USD
2/26/202697.04 USD
2/25/2026103.75 USD
2/24/2026108.52 USD
2/23/2026108.03 USD
2/20/2026113.65 USD
2/19/2026113.24 USD
2/18/2026115.43 USD
2/17/2026114.79 USD
2/13/2026114.79 USD
2/12/2026113.57 USD
2/11/2026119.81 USD
2/10/2026118.58 USD
2/9/2026120.21 USD
2/6/2026119.98 USD
2/5/2026118.50 USD
2/4/2026120.34 USD
2/3/2026118.23 USD
2/2/2026113.00 USD
1/30/2026111.87 USD
1/29/2026112.92 USD
1/28/2026111.87 USD
1/27/2026114.39 USD
1/26/2026113.92 USD
1/23/2026114.37 USD
1/22/2026117.95 USD
1/21/2026117.75 USD
1/20/2026112.86 USD
1/16/2026114.78 USD
1/15/2026115.43 USD
1/14/2026114.48 USD
1/13/2026115.56 USD
1/12/2026108.23 USD
1/9/2026110.02 USD
1/8/2026108.00 USD
1/7/2026106.38 USD
1/6/2026108.82 USD
1/5/2026105.02 USD
1/2/2026105.43 USD
12/31/2025102.67 USD
12/30/2025104.25 USD
12/29/2025104.47 USD
12/26/2025106.17 USD
12/24/2025106.36 USD
12/23/2025106.13 USD
12/22/2025106.01 USD
12/19/2025106.02 USD
12/18/2025104.30 USD
12/17/2025104.16 USD
12/16/2025102.50 USD
12/15/2025101.47 USD
12/12/2025102.46 USD
12/11/2025103.90 USD
12/10/2025107.13 USD
12/9/2025103.57 USD
12/8/2025103.98 USD
12/5/2025100.84 USD
12/4/2025102.03 USD
12/3/202599.76 USD
12/2/2025110.21 USD
12/1/2025107.62 USD
11/28/2025105.62 USD
11/26/2025105.99 USD
11/25/2025107.30 USD
11/24/2025103.41 USD
11/21/2025100.88 USD
11/20/202596.03 USD
11/19/202597.22 USD
11/18/202596.08 USD
11/17/202596.39 USD
11/14/202598.65 USD
11/13/202599.77 USD
11/12/2025101.41 USD
11/11/2025101.84 USD
11/10/2025102.01 USD
11/7/2025103.84 USD
11/6/2025101.83 USD
11/5/2025104.20 USD
11/4/2025102.32 USD
11/3/2025104.30 USD
10/31/2025104.35 USD
10/30/2025103.35 USD
10/29/2025103.62 USD
10/28/2025109.48 USD
10/27/2025109.08 USD
10/24/2025110.79 USD
10/23/2025109.03 USD
10/22/2025108.14 USD
10/21/2025107.29 USD
10/20/2025104.77 USD
10/17/2025104.67 USD
10/16/2025104.48 USD
10/15/2025104.36 USD
10/14/2025105.25 USD
10/13/2025101.05 USD
10/10/202599.26 USD
10/9/2025102.25 USD
10/8/2025104.83 USD
10/7/2025104.53 USD
10/6/2025106.41 USD
10/3/2025109.07 USD
10/2/2025105.72 USD
10/1/2025104.05 USD
9/30/2025103.69 USD
9/29/2025104.88 USD
9/26/2025106.33 USD
9/25/2025105.81 USD
9/24/2025108.49 USD
9/23/2025102.25 USD
9/22/2025101.67 USD
9/19/2025102.73 USD
9/18/2025103.61 USD
9/17/2025103.99 USD
9/16/2025105.87 USD
9/15/2025104.87 USD
9/12/2025105.01 USD
9/11/2025110.36 USD
9/10/2025106.98 USD
9/9/2025109.47 USD
9/8/2025112.00 USD
9/5/2025112.33 USD
9/4/2025111.71 USD
9/3/2025108.67 USD
9/2/2025108.00 USD
8/29/2025109.60 USD
8/28/2025109.72 USD
8/27/2025110.28 USD
8/26/2025109.26 USD
8/25/2025110.77 USD
8/22/2025111.67 USD
8/21/2025105.02 USD
8/20/2025105.65 USD
8/19/2025107.53 USD
8/18/2025106.12 USD
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Thor Industries Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
12.32 B USD
907.87 M USD
659.87 M USD
Jan 1, 2022
16.31 B USD
1.53 B USD
1.14 B USD
Jan 1, 2023
11.12 B USD
585.04 M USD
374.27 M USD
Jan 1, 2024
10.04 B USD
424.85 M USD
265.31 M USD
Jan 1, 2025
9.58 B USD
299.62 M USD
258.56 M USD
Jan 1, 2026 (e)
9.47 B USD
576.64 M USD
187.88 M USD
Jan 1, 2027 (e)
9.79 B USD
596.45 M USD
239.53 M USD
Jan 1, 2028 (e)
10.20 B USD
621.15 M USD
271.42 M USD

Thor Industries Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 16, 2026, 6:08 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
3.243.534.014.587.258.337.868.1712.3216.3111.1210.049.589.479.7910.20
5.098.7613.6514.3858.1414.93-5.573.8750.8032.43-31.82-9.68-4.62-1.173.434.15
12.6812.8813.4515.1513.4316.3811.2912.3214.2518.3213.0815.7912.4812.4812.4812.48
0.410.450.540.690.971.360.891.011.762.991.461.591.201.181.221.27
0.220.250.290.390.560.640.360.390.911.530.590.420.300.580.600.62
6.797.047.248.567.717.624.594.747.369.395.264.223.126.086.096.09
0.150.180.200.260.370.430.130.220.661.140.370.270.260.190.240.27
25.6217.7611.1728.6446.0914.97-69.0766.92196.8572.53-67.11-29.14-2.64-27.5227.8113.39
1.821.001.141.261.401.521.581.621.681.761.861.462.022.082.182.29
175.76-45.0514.0010.5311.118.573.952.533.704.765.68-21.5138.362.974.815.05
53.3053.4352.5552.7152.8252.9055.2255.5555.7953.9353.8552.9852.9852.9852.9852.98
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Thor Industries generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Thor Industries retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Thor Industries's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Thor Industries has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Thor Industries's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Thor Industries stock margins

The Thor Industries margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Thor Industries. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Thor Industries.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
14.25 %
7.37 %
5.36 %
Jan 1, 2022
18.32 %
9.40 %
6.98 %
Jan 1, 2023
13.08 %
5.26 %
3.37 %
Jan 1, 2024
15.80 %
4.23 %
2.64 %
Jan 1, 2025
12.49 %
3.13 %
2.70 %
Jan 1, 2026 (e)
12.49 %
6.09 %
1.98 %
Jan 1, 2027 (e)
12.49 %
6.09 %
2.45 %
Jan 1, 2028 (e)
12.49 %
6.09 %
2.66 %

Thor Industries Stock Revenue, EBIT, Earnings per Share

The Thor Industries earnings per share therefore indicates how much revenue Thor Industries has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
220.78 USD
16.27 USD
11.83 USD
Jan 1, 2022
302.48 USD
28.42 USD
21.10 USD
Jan 1, 2023
206.51 USD
10.86 USD
6.95 USD
Jan 1, 2024
189.61 USD
8.02 USD
5.01 USD
Jan 1, 2025
180.84 USD
5.66 USD
4.88 USD
Jan 1, 2026 (e)
177.31 USD
10.88 USD
3.52 USD
Jan 1, 2027 (e)
183.40 USD
11.26 USD
4.49 USD
Jan 1, 2028 (e)
190.99 USD
11.73 USD
5.08 USD

Thor Industries business model & stock analysis

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 SWOT Analysis

Strengths

Thor Industries Inc has established a strong brand reputation in the recreational vehicle (RV) industry. The company is known for manufacturing high-quality and innovative RVs, which has resulted in a loyal customer base.

Thor Industries Inc offers a diverse range of RV products, including motorhomes, travel trailers, and fifth wheels. This diversified product portfolio allows the company to cater to different customer preferences and market segments, reducing dependence on a single product category.

The company has a well-established and extensive distribution network, comprising of dealerships, retailers, and online channels. This enables Thor Industries Inc to reach a wide customer base and effectively distribute its products in various regions.

Weaknesses

Thor Industries Inc's sales and profitability are influenced by economic conditions. During periods of economic downturn, consumers may delay or reduce discretionary spending on RVs, which can impact the company's financial performance.

The company relies on external suppliers for various components and materials used in the manufacturing process. Any disruptions in the supply chain, such as shortages or quality issues, could potentially impact production and product availability.

Opportunities

The RV market is experiencing growth, driven by factors such as increasing disposable income, changing consumer lifestyles, and a growing interest in outdoor recreational activities. Thor Industries Inc can capitalize on this trend by expanding its product offerings and targeting new customer segments.

Thor Industries Inc has the opportunity to expand its presence in international markets where the demand for RVs is on the rise. By entering new geographical regions, the company can tap into new revenue streams and diversify its customer base.

Threats

The RV industry is highly competitive, with several major players vying for market share. Thor Industries Inc faces competition from both domestic and international manufacturers, which could impact its pricing power and market position.

The cost of raw materials used in RV manufacturing, such as steel, aluminum, and petroleum-based products, can be subject to price volatility. This can potentially impact Thor Industries Inc's production costs and profitability.

Thor Industries Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Thor Industries Employees
Details
Date
Thor Industries Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Thor Industries Segments

Thor Industries Revenue by Segment (1/2)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Towables
North American Towables
Motorized
North American Motorized
Details
Date
Towables
North American Towables
Motorized
North American Motorized
Jan 1, 2011
1.98 B USD
0.00 USD
363.03 M USD
0.00 USD
Jan 1, 2014
2.72 B USD
0.00 USD
803.83 M USD
0.00 USD
Jan 1, 2016
3.34 B USD
0.00 USD
1.09 B USD
0.00 USD
Jan 1, 2017
5.13 B USD
0.00 USD
1.97 B USD
0.00 USD
Jan 1, 2019
0.00 USD
4.56 B USD
0.00 USD
1.65 B USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Thor Industries Revenue by Segment (2/2)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Recreational vehicles
Recreation vehicles
Export
Other Segments
Details
Date
Recreational vehicles
Recreation vehicles
Export
Buses
Other Segments
Jan 1, 2011
0.00 USD
1.98 B USD
444.36 M USD
415.07 M USD
0.00 USD
Jan 1, 2014
0.00 USD
3.53 B USD
521.82 M USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
4.43 B USD
368.43 M USD
0.00 USD
218.67 M USD
Jan 1, 2017
0.00 USD
7.10 B USD
628.18 M USD
0.00 USD
253.56 M USD
Jan 1, 2019
0.00 USD
7.69 B USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
8.02 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Thor Industries Revenue by Region

  • 3 Years

  • 5 Years

  • Max

North American
United States
Germany
European
Other Europe
Canada
Europe
Other foreign
Other Country
Details
Date
North American
United States
Germany
European
Other Europe
Canada
Europe
Other foreign
Other Country
Jan 1, 2019
6.21 B USD
5.80 B USD
836.15 M USD
1.49 B USD
636.11 M USD
561.17 M USD
153.59 M USD
0.00 USD
27.96 M USD
Jan 1, 2020
0.00 USD
5.30 B USD
1.49 B USD
0.00 USD
966.02 M USD
377.05 M USD
0.00 USD
33.96 M USD
0.00 USD
Jan 1, 2021
0.00 USD
8.46 B USD
1.98 B USD
0.00 USD
1.19 B USD
638.12 M USD
0.00 USD
49.06 M USD
0.00 USD
Jan 1, 2022
0.00 USD
12.24 B USD
1.73 B USD
0.00 USD
1.16 B USD
1.13 B USD
0.00 USD
56.85 M USD
0.00 USD
Jan 1, 2023
0.00 USD
7.44 B USD
1.82 B USD
0.00 USD
1.22 B USD
587.56 M USD
0.00 USD
53.58 M USD
0.00 USD
Jan 1, 2024
0.00 USD
6.19 B USD
2.02 B USD
0.00 USD
1.34 B USD
435.84 M USD
0.00 USD
50.33 M USD
0.00 USD
Jan 1, 2025
0.00 USD
6.12 B USD
1.92 B USD
0.00 USD
1.10 B USD
392.99 M USD
0.00 USD
40.41 M USD
0.00 USD

Thor Industries Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Thor Industries historical P/E ratio, EBIT multiple, and P/S ratio

Thor Industries annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Thor Industries shares outstanding

The number of shares of Thor Industries was 52.98 M in 2025. This indicates how many shares Thor Industries is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
55.79 M Stocks
Jan 1, 2022
53.93 M Stocks
Jan 1, 2023
53.85 M Stocks
Jan 1, 2024
52.98 M Stocks
Jan 1, 2025
52.98 M Stocks
Jan 1, 2026 (e)
52.98 M Stocks
Jan 1, 2027 (e)
52.98 M Stocks
Jan 1, 2028 (e)
52.98 M Stocks

Thor Industries stock splits

In Thor Industries's history, there have been no stock splits.

Thor Industries Dividend History

38 years of dividend payments

YearAnnual DividendYoY ChangePayments
20261.56USDYTD—3×
Jan 5, 20260.52USD 0.0%1/3
Apr 6, 20260.52USD 0.0%2/3
Jul 1, 20260.52USD 0.0%3/3
20252.02USD↑ 38.4%4×
Jan 6, 20250.50USD 0.0%1/4
Apr 8, 20250.50USD 0.0%2/4
Jul 1, 20250.50USD 0.0%3/4
Oct 23, 20250.52USD↑ 4.0%4/4
20241.46USD↓ 21.5%3×
20231.86USD↑ 5.7%4×
20221.76USD↑ 4.8%4×
20211.68USD↑ 3.7%4×
20201.62USD↑ 2.5%4×
20191.58USD↑ 3.9%4×
20181.52USD↑ 8.6%4×
20171.40USD↑ 11.1%4×

Thor Industries dividend history and estimates

In 2025, Thor Industries paid a dividend amounting to 2.02 USD. Dividend means that Thor Industries distributes a portion of its profits to its owners.

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
1.68 USD
0.00 USD
0.00 USD
Jan 1, 2022
1.76 USD
0.00 USD
0.00 USD
Jan 1, 2023
1.86 USD
0.00 USD
0.00 USD
Jan 1, 2024
1.46 USD
0.00 USD
0.00 USD
Jan 1, 2025
2.02 USD
0.00 USD
0.00 USD
Jan 1, 2026
2.08 USD
0.00 USD
0.00 USD
Jan 1, 2027 (e)
0.00 USD
2.18 USD
0.00 USD
Jan 1, 2028 (e)
0.00 USD
2.29 USD
0.00 USD

Thor Industries dividend payout ratio

In 2025, Thor Industries had a payout ratio of 41.39%. The payout ratio indicates the percentage of the company's profits that Thor Industries distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
14.20 %
Jan 1, 2022
8.34 %
Jan 1, 2023
26.76 %
Jan 1, 2024
29.15 %
Jan 1, 2025
41.39 %
Jan 1, 2026 (e)
59.12 %
Jan 1, 2027 (e)
48.63 %
Jan 1, 2028 (e)
45.00 %

Current Thor Industries forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
6.48 %
Buy
33.33 % (7)
Hold
61.90 % (13)
Sell
4.76 % (1)
12M Price Target
117.30
Last Price
78.88
Currency
USD
12M Return Potential
48.71 %
LTM Return
0 %

Thor Industries Analyst Rating Actions

DateFirmActionRatingReliability
7/24/2026
Citigroup
Citigroup
MaintainedNeutral48
7/8/2026
Truist Securities
Truist Securities
MaintainedHold–
6/15/2026
DA Davidson
DA Davidson
MaintainedNeutral–
6/5/2026
Citigroup
Citigroup
MaintainedNeutral48
6/4/2026
Loop Capital
Loop Capital
MaintainedBuy–
6/4/2026
B of A Securities
B of A Securities
MaintainedBuy70
6/4/2026
BMO Capital
BMO Capital
MaintainedOutperform–
5/27/2026
Citigroup
Citigroup
MaintainedNeutral48
4/17/2026
BMO Capital
BMO Capital
MaintainedOutperform–
3/11/2026
Truist Securities
Truist Securities
MaintainedHold–

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Thor Industries Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
6/10/20261.94USD-2.68 BUSD-2026 Q3
3/11/20260.04USD-1.99 BUSD-2026 Q2
12/3/2025-0.08USD-2.07 BUSD-2026 Q1
12/4/20240.71USD-2.26 BUSD-2025 Q1
6/4/20242.57USD-2.98 BUSD-2024 Q3
3/5/20240.81USD-2.29 BUSD-2024 Q2
12/5/20232.01USD-2.76 BUSD-2024 Q1
9/25/20230.92USD-2.44 BUSD-2023 Q4
6/6/20232.71USD-3.29 BUSD-2023 Q3
3/7/20231.72USD-2.83 BUSD-2023 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Thor Industries stock

78/100
94
Environment
59
Social
82
Governance
E

Environment

20
Scope 1 - Direct Emissions51,703
Scope 2 - Indirect emissions from purchased energy39,724
Scope 3 - Indirect emissions within the value chain15,471,592
Total CO₂ emissions91,427
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees25.5
Percentage of women in management—
Percentage of Asian employees0.5
Share of Asian management—
Percentage of Hispanic/Latino employees20.99
Hispano/Latino Management share—
Percentage of Black employees2.69
Black Management Share—
Percentage of white employees73.78
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Thor Industries shareholder structure

% Name
9.18183%
ACR ALPINE CAPITAL RESEARCH, LLC
ACR ALPINE CAPITAL RESEARCH, LLC
8.90896%
BLACKROCK, INC.
BLACKROCK, INC.
8.03315%
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
6.13200%
Life Cycle Investment Partners Ltd
Life Cycle Investment Partners Ltd
5.89243%
DIMENSIONAL FUND ADVISORS LP
DIMENSIONAL FUND ADVISORS LP
4.95251%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
...

Thor Industries Beneficial Ownership Filings (SEC 13D/G)

Free Float
95.2%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
11.60%
Abigail P. Johnson
Abigail P. Johnson
SEC ↗
10.30%
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC95-4575414
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC95-4575414
SEC ↗
10.20%
Capital Research Global Investors **
Capital Research Global Investors **
SEC ↗
10.00%
ACR Alpine Capital Research, LLC
ACR Alpine Capital Research, LLC
SEC ↗
9.46%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
8.90%
Kayne Anderson Rudnick Investment Management, LLC
Kayne Anderson Rudnick Investment Management, LLC
SEC ↗
8.70%
95-1411037
95-1411037
SEC ↗
8.40%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
6.46%
62-1378280
62-1378280
SEC ↗
6.20%
Life Cycle Investment Partners Ltd
Life Cycle Investment Partners Ltd
SEC ↗

Thor Industries Executives and Management Board

14 members · avg. age 58 · 36 % women

RM

Mr. Robert Martin (55)

President, Chief Executive Officer, Director · since 2012

10.57 M USD

Management

CZ

Ms. Colleen Zuhl (58)

Chief Financial Officer, Senior Vice President

4.75 M USD
WW

Mr. W. Todd Woelfer (57)

Chief Operating Officer, Senior Vice President

4.72 M USD
TG

Mr. Trevor Gasper (43)

Senior Vice President, General Counsel, Corporate Secretary

2.36 M USD
MM

Ms. Michele Mcdermott

Chief Human Resources Officer

735,420.00 USD
MC

Mr. Mike Cieslak

Investor Relations · since 2022

–

Board of Directors

AG

Mr. Andrew Graves (65)

Independent Chairman of the Board

549,910.00 USD
WK

Mr. William Kelley (60)

Independent Director

324,910.00 USD
AH

Ms. Amelia Huntington (58)

Independent Director

319,910.00 USD
CK

Mr. Christopher Klein (61)

Independent Director

319,910.00 USD
PO

Mr. Peter Orthwein (79)

Chairman Emeritus of the Board · since 1980

299,910.00 USD
AH

Ms. A. Christina Hennington (49)

Independent Director

299,910.00 USD

Thor Industries Supply Chain

Thor Industries Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
16 companies
#Nameβ 1YTrend
1
Patrick Industries
Supplier·Auto Components·US
0.46
0.14
0.64
0.87
0.89
0.77
0.83
2
Camping World Holdings A
Customer·Specialty Retail·US
0.98
0.97
0.95
0.97
0.90
0.72
—
3
Distribution Finance
Supplier·Diversified Financial Services·GB
-0.81
-0.39
0.67
0.87
0.89
0.64
—
4
Dometic Group
Supplier·Auto Components·SE
0.46
0.32
0.83
0.95
0.91
0.60
1.63
5
LCI Industries
Supplier·Auto Components·US
0.61
0.51
0.74
0.91
0.73
0.59
0.70
#Nameβ 1YTrend
1
Ford Motor
Supplier·Automobiles·US
0.07
0.28
0.78
0.76
-0.27
-0.06
—
2
G.U.D. Holdings
Supplier·Auto Components·AU
-0.81
-0.30
0.09
-0.12
-0.49
0.05
—
3
Group 1 Automotive
Supplier·Customer·Specialty Retail·US
0.90
0.39
0.35
0.67
-0.04
0.12
-0.03
4
CNH Industrial
Supplier·GB
0.71
0.43
0.22
0.36
-0.26
0.13
—
5
Stellantis
Supplier·Automobiles·NL
0.28
0.21
0.75
0.74
0.65
0.21
—

Frequently asked questions about Thor Industries

The business model of Thor Industries Inc. revolves around designing, manufacturing, and selling recreational vehicles (RVs). As the world's largest RV manufacturer, Thor Industries offers a wide range of RV products, including motorhomes, travel trailers, and fifth wheels. The company focuses on creating high-quality, innovative, and comfortable vehicles that cater to diverse customer needs and preferences. With its extensive network of subsidiary brands, such as Airstream, Jayco, and Keystone RV, Thor Industries aims to provide exceptional experiences for enthusiasts and adventurers seeking the freedom of the open road.

Thor Industries Inc is primarily active in the recreational vehicle (RV) industry.

Some of the main competitors of Thor Industries Inc in the market include recreational vehicle manufacturers such as Winnebago Industries, Inc., Forest River, Inc., and REV Group, Inc. It is worth noting that Thor Industries Inc has a strong market presence and is one of the leading companies in the recreational vehicle industry. However, these competitors also capture a significant market share and constantly strive to innovate and offer competitive products to meet the demand of customers in the industry.

Thor Industries Inc is a prominent company in the recreational vehicle (RV) manufacturing industry. Established in 1980, Thor Industries has grown to become one of the leading providers of RVs, offering a wide range of models and brands. The company's success is attributable to its consistent focus on innovation, quality, and customer satisfaction. With multiple manufacturing facilities across the United States, Thor Industries has a strong presence in the RV market. Over the years, they have earned a reputation for their commitment to craftsmanship and their ability to meet the diverse needs of RV enthusiasts. Thor Industries Inc continues to be a trusted and respected name in the industry.

Thor Industries Inc has achieved several significant milestones. The company experienced strong growth and success in recent years, becoming the largest recreational vehicle (RV) manufacturer in the world. They have consistently increased their market share and revenue, driven by strategic acquisitions and organic expansions. Thor Industries Inc also achieved notable recognition, being included in the Fortune 500 list and receiving prestigious awards for their innovative products and industry-leading quality. With a commitment to customer satisfaction and continuous improvement, Thor Industries Inc has solidified its position as a leading force in the RV industry, contributing to its overall success and reputation.

Thor Industries Inc is primarily present in various countries and regions around the world. The company has a strong global presence, with a significant presence in the United States, its home country. Additionally, Thor Industries Inc has a considerable presence in Canada, where it operates manufacturing facilities and serves the Canadian market. Furthermore, the company has expanded its operations and market share in Europe, particularly in countries like Germany, France, Italy, and the United Kingdom. Thor Industries Inc's international footprint also extends to Australia, where it has established a presence. Overall, the company has successfully established a strong presence in multiple countries and regions, which contributes to its global growth and success.

Thor Industries Inc represents values such as innovation, quality, and exceptional customer service. This leading recreational vehicle manufacturer is committed to providing mobile lifestyle solutions that enhance customers' outdoor experiences. Thor Industries Inc focuses on delivering high-quality RVs and motorhomes, designed to meet the diverse needs of adventurers and travelers. With a corporate philosophy centered around continuous improvement and exceeding customer expectations, Thor Industries Inc strives to offer reliable and innovative products to enhance the joy of outdoor exploration. By prioritizing customer satisfaction and embracing a culture of innovation, Thor Industries Inc establishes itself as a trusted brand in the recreational vehicle industry.

Analysts currently set an average price target of 114.24 USD for the Thor Industries stock (median: 117.30 USD), implying +44.8 % versus the latest price. The consensus is based on 21 analyst ratings.

Thor Industries Analyst Price Targets 2026

21 analysts currently rate the Thor Industries stock: 7 recommend buying, 13 holding and 1 selling. For 2026, analysts expect Thor Industries to generate revenue of 9.47 B USD and earnings per share of 3.55 USD.

Thor Industries Analyst Price Targets 2026

Converted at the current exchange rate, the Thor Industries share trades at 68.29 EUR (78.97 USD).

The Thor Industries share (THO) is listed on 7 stock exchanges, including: NYSE (THO), Frankfurt (TIV.F), München (TIV.MU), Düsseldorf (TIV.DU), London (0LF8.L), London (0LF8.L), SIX (Zürich) (TIV.SW).

Thor Industries Inc. is one of the world's leading companies in the recreational vehicle industry, with a wide portfolio of motorhomes, trailers, trucks, and accessories. The company was founded in 1980 and is headquartered in Elkhart, Indiana. Thor Industries is listed on the New York Stock Exchange under the ticker symbol THO. The company is divided into three business segments - Recreational Vehicles, Bus and Shuttle Bus, and Specialty Vehicles. The Recreational Vehicles segment includes brands such as Airstream, Dutchmen, Grand Design, Heartland RV, Keystone RV, KZ Recreational Vehicles, Thor Motor Coach, and Venture RV. The Bus and Shuttle Bus segment includes the ElDorado Mobility and Champion Bus brands. The Specialty Vehicles segment includes the CrossRoads RV, DRV Luxury Suites, and Bison Coach brands. Each of these brands focuses on specific market segments to reach a broader customer base. The company's product range includes a wide range of motorhomes, trailers, trucks, and accessories. These products are tailored to the needs of customers who want to enjoy their leisure time, whether through camping, traveling, or outdoor activities. Thor Industries' recreational vehicles are a combination of comfort, user-friendliness, and luxury. The company produces trailers in different sizes and for different purposes. There are small trailers for couples or larger models for families or groups. The trailers are equipped with various amenities, such as kitchen facilities, bathrooms, sleeping areas, and TV entertainment systems. Thor Industries also produces motorhomes for travelers who are on the move a lot and value comfort and luxury. The motorhomes are equipped with state-of-the-art technology and offer unique features like an integrated control system, automated stabilization systems, and advanced energy recovery. In addition to motorhomes and trailers, Thor Industries offers a wide range of accessories for recreational vehicles. These accessories include exterior equipment, interior designs, power supply, safety equipment, electronics, and more. Thor Industries' accessories are high-quality and tailored to the needs of customers. In conclusion, Thor Industries Inc. is an innovative and diversified company operating at all levels of the recreational vehicle industry. The company is committed to providing its customers with top-notch products and services tailored to their personal needs and desires. With its wide product range, diversified business segments, and brand, Thor Industries holds a strong position in the recreational vehicle industry and is expected to continue to be successful in the future.

The expected revenue of Thor Industries is 9.47 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Thor Industries is 187.88 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Thor Industries is currently 22.27. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Thor Industries stock.

The price-to-sales ratio (P/S) of Thor Industries is currently 0.44. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Thor Industries stock.

The Eulerpool Quality Score for Thor Industries is 4/10.

The ISIN of Thor Industries is US8851601018. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Thor Industries is 872478. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Thor Industries is THO. The ticker symbol is used to trade Thor Industries shares on the stock exchange.

Over the past 12 months, Thor Industries paid a dividend of 2.02 USD . This corresponds to a dividend yield of about 2.56 %. For the coming 12 months, Thor Industries is expected to pay a dividend of 2.18 USD.

The current dividend yield of Thor Industries is 2.56 %.

Thor Industries pays a dividend, distributed in the months of , , , .

Thor Industries paid dividends every year for the past 37 years.

For the upcoming 12 months, dividends amounting to 2.18 USD are expected. This corresponds to a dividend yield of 2.76 %.

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

In the year 2025, Thor Industries distributed 1.92 USD as dividends.

The dividends of Thor Industries are distributed in USD.

All fundamentals and in-depth analysis of Thor Industries

Our stock analysis for Thor Industries 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Thor Industries Stock
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