Thor Industries Financial Statements From 2010 to 2023

THO Stock  USD 98.75  3.64  3.56%   
Thor Industries financial statements provide useful quarterly and yearly information to potential Thor Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Thor Industries financial statements helps investors assess Thor Industries' valuation, profitability, and current liquidity needs.
We have found one hundred twelve available fundamental trend indicators for Thor Industries, which can be analyzed and compared to other ratios and to its competition. Make sure you double-check Thor Industries' current fundamentals against the trend between 2010 and 2023 to make sure the company can sustain itself down the road.
Thor Industries Invested Capital Average is very stable at the moment as compared to the past year. Thor Industries reported last year Invested Capital Average of 572.2 Million. As of 7th of February 2023, Market Capitalization is likely to grow to about 3.9 B, while Revenue Per Employee is likely to drop about 402.9 K.
  
Check Thor Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thor Industries main balance sheet or income statement drivers, such as Direct Expenses of 13.1 B, Consolidated Income of 249.1 M or Cost of Revenue of 2.8 B, as well as many exotic indicators such as Interest Coverage of 20.08, Long Term Debt to Equity of 0.44 or Calculated Tax Rate of 30.28. Thor Industries financial statements analysis is a perfect complement when working with Thor Industries Valuation or Volatility modules. It can also supplement Thor Industries' financial leverage analysis and stock options assessment as well as various Thor Industries Technical models . Additionally, take a look at the analysis of Thor Industries Correlation against competitors.

Thor Industries Revenues

15.84 Billion

Thor Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities35.7 M32 M41.9 M
Down
Slightly volatile
Tax Assets62.1 M57.6 M54.9 M
Up
Slightly volatile
Accumulated Retained Earnings Deficit1.3 B1.2 B1.2 B
Up
Slightly volatile
Trade and Non Trade Receivables381.2 M353.3 M328.5 M
Up
Slightly volatile
Property Plant and Equipment Net334.3 M309.8 M272.4 M
Up
Slightly volatile
Trade and Non Trade Payables256.1 M237.4 M214.5 M
Up
Slightly volatile
Liabilities Non Current396.8 M367.7 M278.7 M
Up
Slightly volatile
Current Liabilities1.7 B1.6 B977.2 M
Up
Slightly volatile
Total Liabilities3.7 B3.4 B1.9 B
Up
Slightly volatile
Investments Non Current2.5 M2.5 M3.1 M
Down
Slightly volatile
Investments Current9.9 M9.6 M10.2 M
Down
Pretty Stable
Investments9.9 M9.6 M10.7 M
Down
Slightly volatile
Inventory392.2 M363.5 M318.9 M
Up
Slightly volatile
Goodwill and Intangible Assets859.5 M796.6 M672.7 M
Up
Slightly volatile
Shareholders Equity USD901.7 M1.1 B1.1 B
Up
Slightly volatile
Shareholders Equity3.5 B3.2 B1.9 B
Up
Slightly volatile
Total Debt USD322.1 M324 M354.7 M
Down
Slightly volatile
Debt Non Current322.1 M324 M354.7 M
Down
Slightly volatile
Total Debt322.1 M324 M354.7 M
Down
Slightly volatile
Cash and Equivalents USD178 M188.9 M201.7 M
Up
Very volatile
Cash and Equivalents271.3 M280.4 M297 M
Up
Slightly volatile
Assets Non Current1.3 B1.2 BB
Up
Slightly volatile
Current AssetsB2.8 B1.6 B
Up
Slightly volatile
Total Assets7.2 B6.7 B3.8 B
Up
Slightly volatile
Accounts Payable798.6 M740.2 M432.7 M
Up
Slightly volatile
Receivables916.8 M849.8 M554.9 M
Up
Slightly volatile
Inventories1.7 B1.6 B735.6 M
Up
Slightly volatile

Thor Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense121.7 M112.8 M101.5 M
Up
Slightly volatile
Weighted Average Shares Diluted48.9 M49.7 M53.1 M
Down
Pretty Stable
Weighted Average Shares48.7 M49.5 M53 M
Down
Pretty Stable
Selling General and Administrative Expense297.4 M275.6 M254.9 M
Up
Slightly volatile
Revenues USD4.4 B4.1 B3.9 B
Up
Slightly volatile
Revenues15.8 B14.7 BB
Up
Slightly volatile
Operating Income1.5 B1.4 B614.7 M
Up
Slightly volatile
Operating Expenses333.4 M309 M282.3 M
Up
Slightly volatile
Net Loss Income from Discontinued Operations1.5 M1.4 M636.7 K
Up
Slightly volatile
Net Income Common Stock USD249.1 M230.9 M211.1 M
Up
Slightly volatile
Net Income Common Stock249.1 M230.9 M211.1 M
Up
Slightly volatile
Net Income1.1 BB436.2 M
Up
Slightly volatile
Interest ExpenseM1.8 M1.1 M
Up
Slightly volatile
Gross Profit705.3 M653.7 M593.2 M
Up
Slightly volatile
Earning Before Interest and Taxes USD372.3 M345.1 M313.6 M
Up
Slightly volatile
Earning Before Interest and Taxes EBIT372.3 M345.1 M313.6 M
Up
Slightly volatile
Cost of Revenue2.8 B3.5 B3.3 B
Up
Slightly volatile
Consolidated Income249.1 M230.9 M211.1 M
Up
Slightly volatile
Direct Expenses13.1 B12.2 B6.7 B
Up
Slightly volatile

Thor Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation8.8 M8.2 M6.8 M
Up
Slightly volatile
Effect of Exchange Rate Changes on Cash 395.9 K287.5 K237.1 K
Up
Slightly volatile
Net Cash Flow from Operations961.6 M891.2 M457.7 M
Up
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals8.1 M7.5 M6.5 M
Up
Slightly volatile
Net Cash Flow from Investing(1.2 B)(1.2 B)(496.1 M)
Down
Slightly volatile
Net Cash Flow from Financing(44.2 M)(43.1 M)(566.7 K)
Up
Very volatile
Issuance Repayment of Debt Securities 341.6 M316.6 M222 M
Up
Slightly volatile
Issuance Purchase of Equity Shares(70.6 M)(68.8 M)(49.2 M)
Down
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(658.2 M)(641.3 M)(389.4 M)
Down
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents32.8 M30.4 M15.5 M
Up
Slightly volatile
Depreciation Amortization and Accretion51.1 M47.3 M41.3 M
Up
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share26.6524.723.1428
Up
Slightly volatile
Sales per Share288267147
Up
Slightly volatile
Return on Sales0.090.09660.0793
Up
Slightly volatile
Return on Invested Capital0.670.690.5886
Up
Slightly volatile
Return on Average Equity33.9231.4421.5603
Up
Slightly volatile
Return on Average Assets16.4218.6112.4192
Up
Pretty Stable
Price to Sales Ratio0.951.010.8276
Up
Slightly volatile
Price to Earnings Ratio20.5518.016.1188
Up
Slightly volatile
Price to Book Value3.443.652.9861
Up
Slightly volatile
Payout Ratio0.260.220.2913
Down
Pretty Stable
Profit Margin5.256.284.8405
Up
Pretty Stable
Gross Margin13.9915.4814.1259
Up
Slightly volatile
Free Cash Flow per Share13.4812.496.6078
Up
Slightly volatile
Enterprise Value over EBITDA11.029.948.9278
Up
Slightly volatile
Enterprise Value over EBIT11.9610.359.3795
Up
Slightly volatile
Earnings per Basic Share USD4.754.44.0134
Up
Slightly volatile
Earnings per Diluted Share19.9918.537.9903
Up
Slightly volatile
Earnings per Basic Share20.0718.68.0206
Up
Slightly volatile
EBITDA Margin8.7110.128.3524
Up
Slightly volatile
Dividends per Basic Common Share0.871.081.1445
Up
Very volatile
Dividend Yield0.01630.01440.0186
Down
Pretty Stable
Debt to Equity Ratio0.450.440.448
Up
Slightly volatile
Current Ratio2.142.011.8713
Down
Slightly volatile
Book Value per Share23.4121.720.72
Up
Slightly volatile
Asset Turnover2.82.672.449
Down
Pretty Stable
Total Assets Per Share13412470.8403
Up
Slightly volatile
Cash Flow Per Share17.9116.68.5201
Up
Slightly volatile
Return on Investment32.6435.6425.7209
Up
Pretty Stable
Operating Margin7.298.466.9969
Up
Pretty Stable
Calculated Tax Rate30.2825.3428.9789
Down
Slightly volatile
Receivables Turnover18.8719.8115.1616
Up
Slightly volatile
Inventory Turnover12.889.9412.8526
Down
Slightly volatile
PPandE Turnover17.4115.3616.0168
Down
Slightly volatile
Cash and Equivalents Turnover41.8338.7724.7587
Up
Slightly volatile
Accounts Payable Turnover23.9821.5921.7708
Down
Slightly volatile
Accrued Expenses Turnover20.9221.5617.098
Down
Very volatile
Interest Coverage20.0819.56218
Down
Slightly volatile
Long Term Debt to Equity0.440.440.4455
Up
Slightly volatile
Quick Ratio1.070.821.0647
Down
Slightly volatile
Net Current Assets as percentage of Total Assets23.7720.2822.1047
Down
Slightly volatile
Revenue to Assets2.642.532.3059
Down
Pretty Stable

Thor Industries Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital311.4 M328.7 M361.5 M
Down
Very volatile
Tangible Asset Value1.4 B1.3 B1.2 B
Up
Slightly volatile
Market Capitalization3.9 B3.6 B3.3 B
Up
Slightly volatile
Invested Capital Average617.4 M572.2 M526.9 M
Up
Slightly volatile
Invested Capital401.9 M456.3 M462.8 M
Up
Slightly volatile
Free Cash Flow281.2 M260.6 M224.1 M
Up
Slightly volatile
Enterprise Value3.7 B3.4 B3.1 B
Up
Slightly volatile
Average Equity843.4 M1.1 B996 M
Up
Slightly volatile
Earnings before Tax370.8 M343.6 M312.6 M
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD423.4 M392.4 M355 M
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.8 B1.7 B747 M
Up
Slightly volatile
Average Assets1.7 B1.6 B1.5 B
Up
Slightly volatile
Revenue Per Employee402.9 K458.8 K393.7 K
Up
Slightly volatile
Net Income Per Employee34.5 K32 K20.6 K
Up
Slightly volatile

Thor Industries Fundamental Market Drivers

Forward Price Earnings9.7561
Cash And Short Term Investments311.6 M

Thor Industries Upcoming Events

Upcoming Quarterly Report8th of March 2022
Next Financial Report14th of June 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End27th of September 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

About Thor Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Thor Industries income statement, its balance sheet, and the statement of cash flows. Thor Industries investors use historical funamental indicators, such as Thor Industries's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thor Industries investors may use each financial statement separately, they are all related. The changes in Thor Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Thor Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Thor Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Thor Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Cost of Revenue3.5 B2.8 B
Revenues14.7 B15.8 B
Revenue to Assets 2.53  2.64 
Revenue Per Employee458.8 K402.9 K

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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 Industries 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
(0.42) 
Market Capitalization
5.3 B
Quarterly Revenue Growth
(0.21) 
Return On Assets
0.1176
Return On Equity
0.304
The market value of Thor Industries is measured differently than its book value, which is the value of Thor Industries 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 Thor Industries value 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.