Thor Industries, Inc. (THO) AI Stock Analysis

Thor Industries, Inc. designs and manufactures recreational vehicles (RVs) and related parts and accessories for customers across the United States, Canada, and Europe. Headquartered in Elkhart, Indiana, its product lineup includes travel trailers, fifth wheels, and gasoline and diesel Class A, Class B, and Class C motorhomes. It also produces motorcaravans, caravans, campervans, and urban vehicles for leisure and full-time travelers. Beyond completed vehicles, the company engages in aluminum extrusion and specialized component manufacturing, supplying essential parts to other manufacturers. Thor distributes its RVs through an independent dealership network and develops digital products and services tailored for the RV community.

Thor Industries recorded FY2026 revenue of $9.61B, up 0.3% from $9.58B in FY2025, but down from $16.31B in FY2022. Net income decreased to $177.5M in FY2026 from $258.6M in FY2025 and $1.14B in FY2022, resulting in a 5-year revenue CAGR of -4.8% from FY2021 to FY2026. Operating margin reached 2.1% in FY2026, compared to 3.1% in FY2025 and 9.4% in FY2022. Over the trailing twelve months, diluted earnings per share were $3.38 with a net profit margin of 1.8%. In the latest quarter ended July 31, 2026, quarterly revenue declined 8.4% and quarterly earnings dropped 66.5% compared to the prior-year period.

As of July 31, 2026, Thor Industries held $482.0M in cash and short-term investments against total debt of $868.0M, resulting in net debt of $386.0M. Shareholders' equity stood at $4.26B, alongside total assets of $6.96B. The company maintained a debt-to-equity ratio of 0.20 and a current ratio of 1.77. In FY2026, operating cash flow was $321.2M and capital expenditures were $152.4M, yielding free cash flow of $168.8M. Cash outlays included $115.1M for share buybacks and $108.8M for dividends paid.

Thor Industries closed at $68.44 on October 16, 2026, giving it a market capitalization of $3.53B and an enterprise value of $4.12B. The stock trades at a trailing P/E of 20.2x and a forward P/E of 16.4x, higher than the median of its US-listed Consumer Cyclical peers of 18.0x and 14.1x, respectively. Its enterprise value to EBITDA ratio is 7.6x, below the peer median of 11.1x, while its price-to-sales ratio is 0.4x versus the peer median of 0.7x. Over the past year, the stock fell 32.9%, trailing the S&P 500 (SPY) return of 16.8%.

Thor Industries pays a quarterly dividend with an annual forward payout of $2.16 per share, representing a dividend yield of 3.16%. The payout ratio is 62.0%, and dividends have been paid for 40 consecutive years. Over the past five years, the dividend grew at an annualized rate of 4.5%. Its last ex-dividend date was October 27, 2026.

Wall Street coverage includes 4 Strong Buy, 1 Buy, 11 Hold, and 1 Sell ratings. The mean price target is $84.30, which is 23.2% above the last close of $68.44. For the fiscal year ending July 31, 2027, analysts estimate EPS of $3.75, representing 11.0% growth, and revenue of $9.68B. Over the last four quarters, the company beat EPS estimates twice. The next earnings report is scheduled for December 2, 2026.

This page is an AI-written research summary of Thor Industries, Inc. (THO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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