Thor Industries Stock Net Income
| THO Stock | USD 103.66 0.29 0.28% |
Thor Industries fundamentals help investors to digest information that contributes to Thor Industries' financial success or failures. It also enables traders to predict the movement of Thor Stock. The fundamental analysis module provides a way to measure Thor Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thor Industries stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 430.4 M | 451.9 M | |
| Net Income Applicable To Common Shares | 430.4 M | 242.3 M | |
| Net Income From Continuing Ops | 430.4 M | 384.8 M | |
| Net Income Per Share | 6.30 | 6.61 | |
| Net Income Per E B T | 0.67 | 0.51 |
Thor | Net Income |
Thor Industries Company Net Income Analysis
Thor Industries' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Thor Industries Net Income | 374.24 M |
Most of Thor Industries' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thor Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Thor Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Thor Industries is extremely important. It helps to project a fair market value of Thor Stock properly, considering its historical fundamentals such as Net Income. Since Thor Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Thor Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Thor Industries' interrelated accounts and indicators.
Thor Net Income Historical Pattern
Today, most investors in Thor Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Thor Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Thor Industries net income as a starting point in their analysis.
Thor Industries Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Thor Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Thor Industries reported net income of 374.24 M. This is 26.71% lower than that of the Automobiles sector and 159.89% higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 34.46% higher than that of the company.
Thor Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thor Industries' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thor Industries could also be used in its relative valuation, which is a method of valuing Thor Industries by comparing valuation metrics of similar companies.Thor Industries is currently under evaluation in net income category among related companies.
Thor Industries Current Valuation Drivers
We derive many important indicators used in calculating different scores of Thor Industries from analyzing Thor Industries' financial statements. These drivers represent accounts that assess Thor Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thor Industries' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.3B | 6.5B | 4.6B | 6.2B | 5.6B | 5.8B | |
| Enterprise Value | 7.4B | 7.7B | 6.1B | 7.0B | 6.3B | 6.7B |
Thor Industries ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Thor Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Thor Industries' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Thor Industries Institutional Holders
Institutional Holdings refers to the ownership stake in Thor Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Thor Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Thor Industries' value.| Shares | Candlestick Capital Management Lp | 2023-09-30 | 950 K | Lsv Asset Management | 2023-12-31 | 827.1 K | Geode Capital Management, Llc | 2023-12-31 | 826.7 K | Pacer Advisors, Inc. | 2023-12-31 | 725.7 K | Palestra Capital Management Llc | 2023-09-30 | 716.8 K | Wells Fargo & Co | 2023-12-31 | 682.2 K | American Century Companies Inc | 2023-12-31 | 650.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 632 K | Envestnet Asset Management Inc | 2023-12-31 | 617.8 K | Vanguard Group Inc | 2023-12-31 | 5.3 M | Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 5.2 M |
Thor Fundamentals
| Return On Equity | 0.0702 | ||||
| Return On Asset | 0.0398 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 6.52 B | ||||
| Shares Outstanding | 53.32 M | ||||
| Shares Owned By Insiders | 4.74 % | ||||
| Shares Owned By Institutions | 99.33 % | ||||
| Number Of Shares Shorted | 3.72 M | ||||
| Price To Earning | 4.20 X | ||||
| Price To Book | 1.40 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 11.12 B | ||||
| Gross Profit | 1.6 B | ||||
| EBITDA | 873.73 M | ||||
| Net Income | 374.24 M | ||||
| Cash And Equivalents | 441.23 M | ||||
| Cash Per Share | 5.80 X | ||||
| Total Debt | 1.3 B | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 1.74 X | ||||
| Book Value Per Share | 73.82 X | ||||
| Cash Flow From Operations | 981.63 M | ||||
| Short Ratio | 5.37 X | ||||
| Earnings Per Share | 5.05 X | ||||
| Price To Earnings To Growth | 0.74 X | ||||
| Target Price | 105.1 | ||||
| Number Of Employees | 24.9 K | ||||
| Beta | 1.77 | ||||
| Market Capitalization | 5.51 B | ||||
| Total Asset | 7.26 B | ||||
| Retained Earnings | 4.09 B | ||||
| Working Capital | 1.08 B | ||||
| Current Asset | 1.02 B | ||||
| Current Liabilities | 651.65 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.91 % | ||||
| Net Asset | 7.26 B | ||||
| Last Dividend Paid | 1.86 |
About Thor Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thor Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thor Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thor Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thor Industries Investors Sentiment
The influence of Thor Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Thor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Thor Industries' public news can be used to forecast risks associated with an investment in Thor. The trend in average sentiment can be used to explain how an investor holding Thor can time the market purely based on public headlines and social activities around Thor Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Thor Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Thor Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Thor Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Thor Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thor Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thor Industries' short interest history, or implied volatility extrapolated from Thor Industries options trading.
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When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock:Check out Thor Industries Piotroski F Score and Thor Industries Altman Z Score analysis. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.Note that the Thor Industries information on this page should be used as a complementary analysis to other Thor Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Thor Stock analysis
When running Thor Industries' price analysis, check to measure Thor Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Industries is operating at the current time. Most of Thor Industries' value examination focuses on studying past and present price action to predict the probability of Thor Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Industries' price. Additionally, you may evaluate how the addition of Thor Industries to your portfolios can decrease your overall portfolio volatility.
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Is Thor Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 1.86 | Earnings Share 5.05 | Revenue Per Share 194.511 | Quarterly Revenue Growth (0.06) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.