Thor Industries Stock Retained Earnings

THO Stock  USD 114.63  3.26  2.93%   
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.
As of the 28th of March 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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Thor 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.

Thor Industries Retained Earnings

4.94 Billion

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.
0.650.970.890.950.91-0.460.360.970.990.98-0.690.980.990.50.960.9-0.831.00.290.920.910.190.550.170.84-0.860.940.850.880.81-0.78
0.650.80.330.840.42-0.08-0.420.480.680.59-0.330.570.630.350.440.53-0.770.640.480.350.52-0.070.780.310.23-0.470.580.280.690.7-0.92
0.970.80.751.00.82-0.330.150.880.970.92-0.620.930.950.510.880.85-0.870.960.310.790.850.040.690.220.69-0.820.890.760.880.85-0.86
0.890.330.750.720.88-0.660.620.960.850.92-0.70.890.90.310.930.82-0.620.880.280.990.860.50.210.110.97-0.780.890.830.770.61-0.56
0.950.841.00.720.8-0.310.090.860.960.91-0.60.910.940.510.850.83-0.880.950.350.760.830.050.710.220.66-0.790.880.720.880.85-0.89
0.910.420.820.880.8-0.340.470.940.920.93-0.640.950.880.590.930.92-0.790.890.30.910.830.290.23-0.120.84-0.880.840.790.780.57-0.52
-0.46-0.08-0.33-0.66-0.31-0.34-0.5-0.54-0.4-0.490.32-0.45-0.520.12-0.52-0.280.16-0.460.15-0.62-0.5-0.270.0-0.32-0.660.19-0.55-0.51-0.44-0.390.36
0.36-0.420.150.620.090.47-0.50.530.310.4-0.530.420.4-0.070.550.390.080.38-0.270.630.420.26-0.290.050.69-0.440.410.680.20.150.15
0.970.480.880.960.860.94-0.540.530.950.98-0.710.970.970.460.980.9-0.750.970.250.980.910.310.380.10.93-0.860.940.890.830.73-0.66
0.990.680.970.850.960.92-0.40.310.950.96-0.650.990.980.540.950.89-0.860.980.320.890.890.170.540.120.81-0.850.930.810.90.79-0.79
0.980.590.920.920.910.93-0.490.40.980.96-0.70.970.970.490.940.94-0.810.980.30.940.890.270.470.120.86-0.870.920.840.830.75-0.71
-0.69-0.33-0.62-0.7-0.6-0.640.32-0.53-0.71-0.65-0.7-0.68-0.680.08-0.67-0.780.35-0.72-0.31-0.69-0.68-0.23-0.21-0.38-0.620.86-0.7-0.7-0.64-0.510.47
0.980.570.930.890.910.95-0.450.420.970.990.97-0.680.970.50.980.9-0.80.970.240.910.890.160.440.110.84-0.860.930.840.880.75-0.7
0.990.630.950.90.940.88-0.520.40.970.980.97-0.680.970.450.960.86-0.80.990.250.930.910.20.530.210.87-0.830.960.870.880.82-0.79
0.50.350.510.310.510.590.12-0.070.460.540.490.080.50.450.480.47-0.760.460.150.380.480.030.33-0.470.35-0.430.420.390.390.35-0.27
0.960.440.880.930.850.93-0.520.550.980.950.94-0.670.980.960.480.85-0.740.950.210.950.890.250.360.080.91-0.840.930.880.850.72-0.63
0.90.530.850.820.830.92-0.280.390.90.890.94-0.780.90.860.470.85-0.750.910.290.850.810.180.40.050.72-0.950.80.80.730.64-0.57
-0.83-0.77-0.87-0.62-0.88-0.790.160.08-0.75-0.86-0.810.35-0.8-0.8-0.76-0.74-0.75-0.8-0.43-0.66-0.76-0.15-0.560.18-0.580.7-0.76-0.56-0.78-0.590.77
1.00.640.960.880.950.89-0.460.380.970.980.98-0.720.970.990.460.950.91-0.80.260.910.90.170.570.210.83-0.880.940.880.860.82-0.77
0.290.480.310.280.350.30.15-0.270.250.320.3-0.310.240.250.150.210.29-0.430.260.240.250.680.1-0.050.21-0.360.3-0.090.440.14-0.46
0.920.350.790.990.760.91-0.620.630.980.890.94-0.690.910.930.380.950.85-0.660.910.240.870.430.260.090.97-0.810.90.870.770.65-0.57
0.910.520.850.860.830.83-0.50.420.910.890.89-0.680.890.910.480.890.81-0.760.90.250.870.230.420.20.87-0.810.980.870.910.75-0.71
0.19-0.070.040.50.050.29-0.270.260.310.170.27-0.230.160.20.030.250.18-0.150.170.680.430.23-0.28-0.170.5-0.220.260.060.21-0.05-0.08
0.550.780.690.210.710.230.0-0.290.380.540.47-0.210.440.530.330.360.4-0.560.570.10.260.42-0.280.380.15-0.340.440.370.420.73-0.7
0.170.310.220.110.22-0.12-0.320.050.10.120.12-0.380.110.21-0.470.080.050.180.21-0.050.090.2-0.170.380.08-0.040.240.20.240.61-0.38
0.840.230.690.970.660.84-0.660.690.930.810.86-0.620.840.870.350.910.72-0.580.830.210.970.870.50.150.08-0.710.890.850.740.59-0.51
-0.86-0.47-0.82-0.78-0.79-0.880.19-0.44-0.86-0.85-0.870.86-0.86-0.83-0.43-0.84-0.950.7-0.88-0.36-0.81-0.81-0.22-0.34-0.04-0.71-0.8-0.81-0.73-0.590.54
0.940.580.890.890.880.84-0.550.410.940.930.92-0.70.930.960.420.930.8-0.760.940.30.90.980.260.440.240.89-0.80.850.940.79-0.78
0.850.280.760.830.720.79-0.510.680.890.810.84-0.70.840.870.390.880.8-0.560.88-0.090.870.870.060.370.20.85-0.810.850.660.71-0.48
0.880.690.880.770.880.78-0.440.20.830.90.83-0.640.880.880.390.850.73-0.780.860.440.770.910.210.420.240.74-0.730.940.660.74-0.84
0.810.70.850.610.850.57-0.390.150.730.790.75-0.510.750.820.350.720.64-0.590.820.140.650.75-0.050.730.610.59-0.590.790.710.74-0.77
-0.78-0.92-0.86-0.56-0.89-0.520.360.15-0.66-0.79-0.710.47-0.7-0.79-0.27-0.63-0.570.77-0.77-0.46-0.57-0.71-0.08-0.7-0.38-0.510.54-0.78-0.48-0.84-0.77
Click cells to compare fundamentals

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

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 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

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.
Last ReportedProjected for 2024
Retained Earnings4.7 B4.9 B
Retained Earnings Total Equity4.4 B4.6 B

Currently Active Assets on Macroaxis

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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
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.