Thor Industries Stock Retained Earnings

THO Stock

USD 99.38 1.48 1.51%

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
Retained Earnings	4.7 B	4.9 B
Retained Earnings Total Equity	4.4 B	4.6 B

As of the 19th of April 2024, Retained Earnings is likely to grow to about 4.9 B. Also, Retained Earnings Total Equity is likely to grow to about 4.6 B.

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Thor Industries Company Retained Earnings Analysis

Thor Industries' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Thor Industries Retained Earnings

4.09 B

Most of Thor Industries' fundamental indicators, such as Retained Earnings, 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 Retained Earnings 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 Retained Earnings. 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.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Short Term Debt	Accounts Payable	Good Will	Common Stock	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.97	0.89	0.95	0.91	0.97	0.99	0.98	-0.69	0.98	0.99	0.5	-0.83	1.0	0.29	0.92	0.91	0.19	0.55	0.17	0.84	-0.86	0.94	0.85	0.88	0.81	-0.78
Total Stockholder Equity	0.97		0.75	1.0	0.82	0.88	0.97	0.92	-0.62	0.93	0.95	0.51	-0.87	0.96	0.31	0.79	0.85	0.04	0.69	0.22	0.69	-0.82	0.89	0.76	0.88	0.85	-0.86
Net Debt	0.89	0.75		0.72	0.88	0.96	0.85	0.92	-0.7	0.89	0.9	0.31	-0.62	0.88	0.28	0.99	0.86	0.5	0.21	0.11	0.97	-0.78	0.89	0.83	0.77	0.61	-0.56
Retained Earnings	0.95	1.0	0.72		0.8	0.86	0.96	0.91	-0.6	0.91	0.94	0.51	-0.88	0.95	0.35	0.76	0.83	0.05	0.71	0.22	0.66	-0.79	0.88	0.72	0.88	0.85	-0.89
Net Receivables	0.91	0.82	0.88	0.8		0.94	0.92	0.93	-0.64	0.95	0.88	0.59	-0.79	0.89	0.3	0.91	0.83	0.29	0.23	-0.12	0.84	-0.88	0.84	0.79	0.78	0.57	-0.52
Total Liab	0.97	0.88	0.96	0.86	0.94		0.95	0.98	-0.71	0.97	0.97	0.46	-0.75	0.97	0.25	0.98	0.91	0.31	0.38	0.1	0.93	-0.86	0.94	0.89	0.83	0.73	-0.66
Total Current Assets	0.99	0.97	0.85	0.96	0.92	0.95		0.96	-0.65	0.99	0.98	0.54	-0.86	0.98	0.32	0.89	0.89	0.17	0.54	0.12	0.81	-0.85	0.93	0.81	0.9	0.79	-0.79
Intangible Assets	0.98	0.92	0.92	0.91	0.93	0.98	0.96		-0.7	0.97	0.97	0.49	-0.81	0.98	0.3	0.94	0.89	0.27	0.47	0.12	0.86	-0.87	0.92	0.84	0.83	0.75	-0.71
Short Term Debt	-0.69	-0.62	-0.7	-0.6	-0.64	-0.71	-0.65	-0.7		-0.68	-0.68	0.08	0.35	-0.72	-0.31	-0.69	-0.68	-0.23	-0.21	-0.38	-0.62	0.86	-0.7	-0.7	-0.64	-0.51	0.47
Accounts Payable	0.98	0.93	0.89	0.91	0.95	0.97	0.99	0.97	-0.68		0.97	0.5	-0.8	0.97	0.24	0.91	0.89	0.16	0.44	0.11	0.84	-0.86	0.93	0.84	0.88	0.75	-0.7
Good Will	0.99	0.95	0.9	0.94	0.88	0.97	0.98	0.97	-0.68	0.97		0.45	-0.8	0.99	0.25	0.93	0.91	0.2	0.53	0.21	0.87	-0.83	0.96	0.87	0.88	0.82	-0.79
Common Stock	0.5	0.51	0.31	0.51	0.59	0.46	0.54	0.49	0.08	0.5	0.45		-0.76	0.46	0.15	0.38	0.48	0.03	0.33	-0.47	0.35	-0.43	0.42	0.39	0.39	0.35	-0.27
Treasury Stock	-0.83	-0.87	-0.62	-0.88	-0.79	-0.75	-0.86	-0.81	0.35	-0.8	-0.8	-0.76		-0.8	-0.43	-0.66	-0.76	-0.15	-0.56	0.18	-0.58	0.7	-0.76	-0.56	-0.78	-0.59	0.77
Property Plant Equipment	1.0	0.96	0.88	0.95	0.89	0.97	0.98	0.98	-0.72	0.97	0.99	0.46	-0.8		0.26	0.91	0.9	0.17	0.57	0.21	0.83	-0.88	0.94	0.88	0.86	0.82	-0.77
Net Tangible Assets	0.29	0.31	0.28	0.35	0.3	0.25	0.32	0.3	-0.31	0.24	0.25	0.15	-0.43	0.26		0.24	0.25	0.68	0.1	-0.05	0.21	-0.36	0.3	-0.09	0.44	0.14	-0.46
Long Term Debt	0.92	0.79	0.99	0.76	0.91	0.98	0.89	0.94	-0.69	0.91	0.93	0.38	-0.66	0.91	0.24		0.87	0.43	0.26	0.09	0.97	-0.81	0.9	0.87	0.77	0.65	-0.57
Capital Surpluse	0.91	0.85	0.86	0.83	0.83	0.91	0.89	0.89	-0.68	0.89	0.91	0.48	-0.76	0.9	0.25	0.87		0.23	0.42	0.2	0.87	-0.81	0.98	0.87	0.91	0.75	-0.71
Deferred Long Term Liab	0.19	0.04	0.5	0.05	0.29	0.31	0.17	0.27	-0.23	0.16	0.2	0.03	-0.15	0.17	0.68	0.43	0.23		-0.28	-0.17	0.5	-0.22	0.26	0.06	0.21	-0.05	-0.08
Long Term Investments	0.55	0.69	0.21	0.71	0.23	0.38	0.54	0.47	-0.21	0.44	0.53	0.33	-0.56	0.57	0.1	0.26	0.42	-0.28		0.38	0.15	-0.34	0.44	0.37	0.42	0.73	-0.7
Accumulated Depreciation	0.17	0.22	0.11	0.22	-0.12	0.1	0.12	0.12	-0.38	0.11	0.21	-0.47	0.18	0.21	-0.05	0.09	0.2	-0.17	0.38		0.08	-0.04	0.24	0.2	0.24	0.61	-0.38
Long Term Debt Total	0.84	0.69	0.97	0.66	0.84	0.93	0.81	0.86	-0.62	0.84	0.87	0.35	-0.58	0.83	0.21	0.97	0.87	0.5	0.15	0.08		-0.71	0.89	0.85	0.74	0.59	-0.51
Short Long Term Debt	-0.86	-0.82	-0.78	-0.79	-0.88	-0.86	-0.85	-0.87	0.86	-0.86	-0.83	-0.43	0.7	-0.88	-0.36	-0.81	-0.81	-0.22	-0.34	-0.04	-0.71		-0.8	-0.81	-0.73	-0.59	0.54
Net Invested Capital	0.94	0.89	0.89	0.88	0.84	0.94	0.93	0.92	-0.7	0.93	0.96	0.42	-0.76	0.94	0.3	0.9	0.98	0.26	0.44	0.24	0.89	-0.8		0.85	0.94	0.79	-0.78
Cash And Equivalents	0.85	0.76	0.83	0.72	0.79	0.89	0.81	0.84	-0.7	0.84	0.87	0.39	-0.56	0.88	-0.09	0.87	0.87	0.06	0.37	0.2	0.85	-0.81	0.85		0.66	0.71	-0.48
Net Working Capital	0.88	0.88	0.77	0.88	0.78	0.83	0.9	0.83	-0.64	0.88	0.88	0.39	-0.78	0.86	0.44	0.77	0.91	0.21	0.42	0.24	0.74	-0.73	0.94	0.66		0.74	-0.84
Capital Stock	0.81	0.85	0.61	0.85	0.57	0.73	0.79	0.75	-0.51	0.75	0.82	0.35	-0.59	0.82	0.14	0.65	0.75	-0.05	0.73	0.61	0.59	-0.59	0.79	0.71	0.74		-0.77
Current Deferred Revenue	-0.78	-0.86	-0.56	-0.89	-0.52	-0.66	-0.79	-0.71	0.47	-0.7	-0.79	-0.27	0.77	-0.77	-0.46	-0.57	-0.71	-0.08	-0.7	-0.38	-0.51	0.54	-0.78	-0.48	-0.84	-0.77

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Thor Retained Earnings 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 retained earnings 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 retained earnings as a starting point in their analysis.

Thor Industries Retained Earnings

Timeline

Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

Competition

Predict Thor Industries

Retained Earnings Over Time

Based on the latest financial disclosure, Thor Industries has a Retained Earnings of 4.09 B. This is 89.51% lower than that of the Automobiles sector and significantly higher than that of the Consumer Discretionary industry. The retained earnings for all United States stocks is 56.14% higher than that of the company.

Thor Retained Earnings 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 Retained Earnings 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 retained earnings 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 Fundamentals

	Return On Equity	0.0702
	Return On Asset	0.0398
	Profit Margin	0.03 %
	Operating Margin	0.01 %
	Current Valuation	6.34 B
	Shares Outstanding	53.32 M
	Shares Owned By Insiders	4.74 %
	Shares Owned By Institutions	99.30 %
	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	5.22 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:

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What is Thor Industries' Net Worth?

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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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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.

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Thor Industries Stock Retained Earnings

Thor Industries Company Retained Earnings Analysis

Retained Earnings

Beginning RE + Income

-

Dividends

Current Thor Industries Retained Earnings

Thor Retained Earnings Driver Correlations

Thor Retained Earnings Historical Pattern

Thor Retained Earnings Peer Comparison

Thor Industries Current Valuation Drivers

Thor Industries ESG Sustainability

Thor Fundamentals

About Thor Industries Fundamental Analysis

Thor Industries Investors Sentiment

Currently Active Assets on Macroaxis

Complementary Tools for Thor Stock analysis

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