THOR Industries, Inc. (THO)

THOR Industries Income Statement

Financials in millions USD. Fiscal year is August - July.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Revenue	9,579	10,043	11,122	16,313	12,317
Revenue Growth (YoY)	-4.62%	-9.70%	-31.82%	32.44%	50.80%
Cost of Revenue	8,239	8,591	9,525	13,506	10,422
Gross Profit	1,341	1,452	1,596	2,806	1,895
Selling, General & Admin	915.87	888.85	870.05	1,116	869.92
Amortization of Goodwill & Intangibles	119.03	132.54	140.81	156.95	117.18
Operating Expenses	1,035	1,021	1,011	1,273	987.1
Operating Income	305.75	430.57	585.49	1,533	907.87
Interest Expense	-61.22	-99.97	-92.98	-90.09	-93.55
Earnings From Equity Investments	-3.78	-13.11	-10.13	-	-
Other Non Operating Income (Expenses)	49.98	38.03	16.97	17.33	30.25
EBT Excluding Unusual Items	290.72	355.53	499.35	1,460	844.58
Merger & Restructuring Charges	-6.69	-6.69	-	-	-
Pretax Income	296.19	348.84	499.35	1,460	844.58
Income Tax Expense	39.6	83.44	125.11	321.62	183.71
Earnings From Continuing Operations	256.59	265.4	374.24	1,138	660.87
Net Income to Company	256.59	265.4	374.24	1,138	660.87
Minority Interest in Earnings	1.97	-0.09	0.03	-0.44	-1
Net Income	258.56	265.31	374.27	1,138	659.87
Net Income to Common	258.56	265.31	374.27	1,138	659.87
Net Income Growth	-2.54%	-29.11%	-67.11%	72.43%	195.94%
Shares Outstanding (Basic)	53	53	53	55	55
Shares Outstanding (Diluted)	53	54	54	55	56
Shares Change (YoY)	-0.53%	-0.32%	-2.55%	-0.76%	0.52%
EPS (Basic)	4.87	4.98	7.00	20.67	11.93
EPS (Diluted)	4.84	4.94	6.95	20.59	11.85
EPS Growth	-2.02%	-28.92%	-66.25%	73.76%	194.78%
Free Cash Flow	454.94	405.91	773.44	747.76	397.65
Free Cash Flow Per Share	8.52	7.56	14.36	13.53	7.14
Dividend Per Share	2.000	1.920	1.800	1.720	1.640
Dividend Growth	4.17%	6.67%	4.65%	4.88%	2.50%
Gross Margin	13.99%	14.46%	14.35%	17.20%	15.38%
Operating Margin	3.19%	4.29%	5.26%	9.40%	7.37%
Profit Margin	2.70%	2.64%	3.36%	6.98%	5.36%
Free Cash Flow Margin	4.75%	4.04%	6.95%	4.58%	3.23%
EBITDA	576.95	707.72	862.42	1,817	1,138
EBITDA Margin	6.02%	7.05%	7.75%	11.14%	9.24%
D&A For EBITDA	271.21	277.15	276.93	284.45	230.58
EBIT	305.75	430.57	585.49	1,533	907.87
EBIT Margin	3.19%	4.29%	5.26%	9.40%	7.37%
Effective Tax Rate	13.37%	23.92%	25.05%	22.03%	21.75%
Advertising Expenses	78.35	77.03	66.17	55.46	44.64

Updated Sep 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q