Thor Historical Income Statement
THO Stock | USD 116.20 1.57 1.37% |
Historical analysis of Thor Industries income statement accounts such as Operating Income of 720.6 M, Ebit of 720.6 M, EBITDA of 1.1 B or Cost Of Revenue of 11.5 B can show how well Thor Industries performed in making a profits. Evaluating Thor Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Thor Industries's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Thor Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Thor Industries is a good buy for the upcoming year.
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About Thor Income Statement Analysis
Thor Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Thor Industries shareholders. The income statement also shows Thor investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Thor Industries Income Statement Chart
Thor Industries Income Statement is one of the three primary financial statements used for reporting Thor's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Thor Industries revenue and expense. Thor Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Thor Industries' EBITDA is very stable compared to the past year. As of the 28th of March 2024, Cost Of Revenue is likely to grow to about 11.5 B, while Net Income Applicable To Common Shares is likely to drop about 242.3 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Thor Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Thor Industries minus its cost of goods sold. It is profit before Thor Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Thor Industries. It is also known as Thor Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Thor Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Thor Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most accounts from Thor Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Thor Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.At this time, Thor Industries' EBITDA is very stable compared to the past year. As of the 28th of March 2024, Cost Of Revenue is likely to grow to about 11.5 B, while Net Income Applicable To Common Shares is likely to drop about 242.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 16.3B | 11.1B | 12.8B | 13.4B | Depreciation And Amortization | 156.9M | 276.9M | 318.5M | 334.4M |
Thor Industries income statement Correlations
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Thor Industries Account Relationship Matchups
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Thor Industries income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 196.2M | 117.2M | 156.9M | 276.9M | 318.5M | 334.4M | |
Total Revenue | 8.2B | 12.3B | 16.3B | 11.1B | 12.8B | 13.4B | |
Gross Profit | 1.1B | 1.9B | 2.8B | 1.6B | 1.8B | 1.9B | |
Other Operating Expenses | 7.8B | 11.4B | 14.8B | 10.5B | 12.1B | 12.7B | |
Operating Income | 180.9M | 938.9M | 1.5B | 596.8M | 686.3M | 720.6M | |
Ebit | 180.9M | 938.9M | 1.5B | 596.8M | 686.3M | 720.6M | |
Ebitda | 377.1M | 1.1B | 1.7B | 873.7M | 1.0B | 1.1B | |
Cost Of Revenue | 7.0B | 10.4B | 13.5B | 9.5B | 11.0B | 11.5B | |
Total Operating Expenses | 731.4M | 987.1M | 1.3B | 1.0B | 1.2B | 1.2B | |
Income Before Tax | 272.9M | 844.6M | 1.5B | 499.4M | 574.3M | 603.0M | |
Total Other Income Expense Net | 92.0M | (94.3M) | (72.8M) | 11.3M | 10.2M | 10.7M | |
Net Income | 223.0M | 659.9M | 1.1B | 374.3M | 430.4M | 451.9M | |
Income Tax Expense | 51.5M | 183.7M | 321.6M | 125.1M | 143.9M | 151.1M | |
Interest Expense | 104.2M | 94.3M | 91.2M | 97.4M | 112.1M | 117.7M | |
Selling General Administrative | 567.1M | 825.3M | 1.1B | 803.9M | 924.5M | 970.7M | |
Research Development | 19.1M | 26.8M | 39.0M | 36.6M | 42.1M | 44.2M | |
Net Income Applicable To Common Shares | 223.0M | 659.9M | 1.1B | 374.3M | 430.4M | 242.3M | |
Net Income From Continuing Ops | 221.4M | 660.9M | 1.1B | 374.2M | 430.4M | 384.8M | |
Non Operating Income Net Other | 6.1M | (3.2M) | 3.4M | 18.5M | 21.2M | 22.3M | |
Tax Provision | 51.5M | 183.7M | 321.6M | 125.1M | 143.9M | 163.2M | |
Net Interest Income | (104.2M) | (93.5M) | (90.1M) | (97.4M) | (87.7M) | (92.1M) | |
Interest Income | 8.1M | 3.1M | 797K | 1.1M | 1.3M | 1.2M | |
Minority Interest | 25.8M | 26.3M | 439K | 31K | 27.9K | 26.5K | |
Reconciled Depreciation | 196.2M | 230.6M | 284.5M | 276.9M | 318.5M | 208.7M | |
Selling And Marketing Expenses | 67.0M | 44.6M | 55.5M | 66.2M | 76.1M | 59.8M |
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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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.