Thor Industries, Inc. (THO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 2.89B | 2.72B | 2.72B | 2.78B | 2.84B | 2.52B | 2.53B | 2.65B | 2.87B | 2.84B | 2.81B | 2.79B | 3.08B | 2.86B | 2.99B | 3.06B | 3.36B | 3.2B | 3.21B | 2.8B |
| Cash & Short-Term Investments | 371.95M | 242.18M | 509.88M | 586.6M | 508.32M | 373.82M | 445.22M | 501.32M | 371.82M | 340.19M | 425.83M | 441.23M | 353.23M | 281.56M | 291.7M | 311.69M | 329.3M | 330.32M | 336.24M | 445.85M |
| Cash Only | 371.95M | 242.18M | 509.88M | 586.6M | 508.32M | 373.82M | 445.22M | 501.32M | 371.82M | 340.19M | 425.83M | 441.23M | 353.23M | 281.56M | 291.7M | 311.69M | 329.3M | 330.32M | 336.24M | 445.85M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 879.28M | 767.43M | 655.64M | 707.36M | 855.92M | 653.3M | 638.45M | 700.89M | 830.01M | 625.62M | 616.62M | 643.22M | 811.54M | 650.96M | 809.32M | 944.18M | 1.25B | 1.16B | 1.17B | 949.93M |
| Days Sales Outstanding | 26.34 | 30.79 | 26.24 | 28.49 | 23.2 | 29.44 | 28.75 | 27.78 | 23.38 | 25.88 | 23.18 | 24.44 | 22.23 | 28.62 | 25.95 | 26.37 | 23.02 | 27.64 | 24.59 | 25.15 |
| Inventory | 1.53B | 1.59B | 1.46B | 1.35B | 1.35B | 1.38B | 1.37B | 1.37B | 1.58B | 1.78B | 1.71B | 1.65B | 1.86B | 1.86B | 1.85B | 1.75B | 1.73B | 1.68B | 1.67B | 1.37B |
| Days Inventory Outstanding | 57.19 | 73.8 | 61.8 | 57 | 50.41 | 72.31 | 68.86 | 64.41 | 64.86 | 84.4 | 73.73 | 68.02 | 65.56 | 84.38 | 64.64 | 51.68 | 39.97 | 47.53 | 41.94 | 43.36 |
| Other Current Assets | 104.62M | 118.66M | 90.33M | 132.22M | 117.98M | 117.93M | 77.53M | 81.18M | 90.27M | 97.18M | 48.85M | 56.06M | 55.25M | 65.86M | 39.72M | 137K | 48.34M | 54.08M | 39.25M | 38.35M |
| Total Non-Current Assets | 4.27B | 4.3B | 4.27B | 4.29B | 4.33B | 4.19B | 4.34B | 4.37B | 4.35B | 4.39B | 4.37B | 4.47B | 4.47B | 4.45B | 4.29B | 4.35B | 4.38B | 4.46B | 4.56B | 3.85B |
| Property, Plant & Equipment | 1.32B | 1.33B | 1.31B | 1.32B | 1.38B | 1.32B | 1.38B | 1.39B | 1.38B | 1.38B | 1.38B | 1.39B | 1.36B | 1.33B | 1.27B | 1.26B | 1.23B | 1.22B | 1.22B | 1.19B |
| Fixed Asset Turnover | 2.09x | 1.61x | 1.82x | 1.87x | 2.14x | 1.49x | 1.55x | 1.83x | 2.03x | 1.60x | 1.81x | 1.99x | 2.18x | 1.81x | 2.46x | 3.07x | 3.80x | 3.18x | 3.29x | 3.07x |
| Goodwill | 1.87B | 1.88B | 1.85B | 1.84B | 1.83B | 1.75B | 1.79B | 1.79B | 1.78B | 1.79B | 1.77B | 1.8B | 1.8B | 1.78B | 1.78B | 1.8B | 1.83B | 1.89B | 1.92B | 1.56B |
| Intangible Assets | 682.11M | 715.14M | 734.05M | 758.76M | 787.08M | 789.58M | 833.1M | 861.13M | 889.37M | 925.51M | 950.5M | 996.98M | 1.03B | 1.06B | 1.07B | 1.12B | 1.17B | 1.24B | 1.3B | 937.17M |
| Long-Term Investments | 143.35M | 135.72M | 136.36M | 371.7M | 136.21M | 136.22M | 137.77M | 137.27M | 132.27M | 128.57M | 130.1M | 126.91M | 128.32M | 124.29M | 0 | 10.81M | 0 | -119.83M | 0 | -123.79M |
| Other Non-Current Assets | 228.59M | 208.79M | 207.4M | 199.25M | 168.77M | 174.59M | 170.83M | 166.29M | 157.33M | 153.04M | 137.34M | 149.36M | -128.32M | 146.89M | 156.33M | -10.81M | 135.9M | 119.83M | 122.07M | 123.79M |
| Total Assets | 7.15B | 7.02B | 6.99B | 7.07B | 7.17B | 6.71B | 6.87B | 7.02B | 7.22B | 7.23B | 7.17B | 7.26B | 7.55B | 7.31B | 7.28B | 7.41B | 7.74B | 7.67B | 7.77B | 6.65B |
| Asset Turnover | 0.39x | 0.30x | 0.34x | 0.35x | 0.42x | 0.30x | 0.31x | 0.36x | 0.39x | 0.31x | 0.35x | 0.37x | 0.39x | 0.32x | 0.42x | 0.50x | 0.60x | 0.50x | 0.55x | 0.54x |
| Asset Growth % | -0.22% | 4.51% | 1.72% | 0.63% | -0.66% | -7.08% | -4.17% | -3.31% | -4.44% | -1.18% | -1.49% | -1.99% | -2.35% | -4.61% | -6.28% | 11.33% | 15.21% | 20.34% | 32.55% | 15.29% |
| Total Current Liabilities | 1.69B | 1.54B | 1.51B | 1.58B | 1.66B | 1.47B | 1.48B | 1.57B | 1.74B | 1.63B | 1.72B | 1.72B | 1.72B | 1.47B | 1.62B | 1.76B | 1.97B | 1.9B | 2.04B | 1.79B |
| Accounts Payable | 863.8M | 763.95M | 660.78M | 738.14M | 794.96M | 698.75M | 571.64M | 628.13M | 802M | 762.1M | 748.92M | 736.27M | 793.98M | 639.44M | 675.66M | 822.45M | 1.03B | 1B | 1.06B | 915.04M |
| Days Payables Outstanding | 29.85 | 34.45 | 30.7 | 32.3 | 27.55 | 33.39 | 30.17 | 31.28 | 30.24 | 36.53 | 32.52 | 29.59 | 25.2 | 29.85 | 26.84 | 27.43 | 23.8 | 29.19 | 27.17 | 29.6 |
| Short-Term Debt | 2.87M | 85.94M | 78.97M | 3.37M | 5.44M | 27.74M | 32.21M | 32.65M | 115.49M | 17.23M | 10.95M | 11.37M | 11.27M | 11.12M | 10.17M | 13.19M | 10.99M | 11.65M | 12.16M | 12.41M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90.27M | 97.18M | 48.85M | 919.41M | 0 | 0 | 7.67M | 898.87M | 0 | 862.3M | 949.84M | 841.61M |
| Other Current Liabilities | 774.31M | 639.21M | 765.54M | 783.79M | 259.62M | 198.89M | 242.99M | 490.94M | 406.67M | 485.13M | 549.06M | 537.99M | 487.12M | 193.71M | 505.99M | 447.78M | 430.47M | 435.7M | 487.58M | 407.69M |
| Current Ratio | 1.71x | 1.76x | 1.81x | 1.75x | 1.71x | 1.71x | 1.71x | 1.69x | 1.65x | 1.75x | 1.63x | 1.63x | 1.79x | 1.95x | 1.85x | 1.74x | 1.70x | 1.68x | 1.58x | 1.56x |
| Quick Ratio | 0.80x | 0.73x | 0.83x | 0.90x | 0.90x | 0.78x | 0.78x | 0.82x | 0.74x | 0.65x | 0.64x | 0.66x | 0.71x | 0.68x | 0.70x | 0.74x | 0.82x | 0.80x | 0.76x | 0.80x |
| Cash Conversion Cycle | 53.69 | 70.14 | 57.34 | 53.19 | 46.06 | 68.36 | 67.43 | 60.91 | 58 | 73.75 | 64.39 | 62.87 | 62.59 | 83.15 | 63.75 | 50.62 | 39.19 | 45.98 | 39.36 | 38.9 |
| Total Non-Current Liabilities | 1.15B | 1.15B | 1.19B | 1.19B | 1.29B | 1.29B | 72.07M | 1.38B | 1.47B | 1.66B | 1.53B | 1.56B | 1.94B | 2.06B | 2.01B | 2.05B | 2.32B | 2.51B | 2.6B | 1.91B |
| Long-Term Debt | 871.44M | 877.77M | 942.48M | 919.61M | 1.01B | 1B | 1.04B | 1.1B | 1.21B | 1.39B | 1.27B | 1.29B | 1.64B | 1.76B | 1.71B | 1.75B | 1.98B | 2.17B | 2.23B | 1.59B |
| Capital Lease Obligations | 0 | 0 | 29.99M | 30.98M | 31.74M | 0 | 0 | 33.87M | 34.88M | 35.5M | 36.87M | 39.5M | 41.89M | 43.83M | 37.92M | 38.31M | 40.79M | 41M | 41.8M | 38.62M |
| Deferred Tax Liabilities | 46.52M | 50.4M | 64.1M | 66.58M | 83.83M | 66.88M | 72.07M | 86.81M | 76.68M | 84.45M | 76.5M | 75.67M | 103.16M | 107.22M | 132.77M | 115.93M | 141.52M | 163.85M | 149.81M | 113.6M |
| Other Non-Current Liabilities | 233.29M | 225.89M | 150.26M | 173.87M | 164.82M | 1.22B | 213.86M | 157.8M | 150.14M | 146.35M | 223.34M | 154.47M | 149.02M | 191.62M | 123.17M | 143.09M | 156.75M | 134.57M | 175.91M | 277.76M |
| Total Liabilities | 2.84B | 2.69B | 2.69B | 2.78B | 2.95B | 2.76B | 2.81B | 2.95B | 3.21B | 3.28B | 3.25B | 3.28B | 3.66B | 3.52B | 3.63B | 3.81B | 4.29B | 4.41B | 4.64B | 3.71B |
| Total Debt | 2.87M | 994.49M | 1.05B | 922.98M | 1.02B | 1.03B | 32.21M | 1.13B | 1.36B | 1.52B | 1.28B | 1.3B | 1.71B | 1.77B | 1.72B | 1.75B | 2.05B | 2.17B | 2.24B | 1.59B |
| Net Debt | -369.08M | 752.32M | 541.56M | 336.38M | 507.78M | 657.32M | -413.02M | 632.6M | 987.61M | 1.18B | 857M | 861.45M | 1.35B | 1.49B | 1.43B | 1.44B | 1.72B | 1.84B | 1.91B | 1.15B |
| Debt / Equity | 0.00x | 0.23x | 0.24x | 0.22x | 0.24x | 0.26x | 0.01x | 0.28x | 0.34x | 0.39x | 0.33x | 0.33x | 0.44x | 0.47x | 0.47x | 0.49x | 0.59x | 0.67x | 0.72x | 0.54x |
| Debt / EBITDA | 0.02x | 13.03x | 10.00x | 5.30x | 4.21x | 13.62x | 0.40x | 5.42x | 5.87x | 17.59x | 7.34x | 5.83x | 6.69x | 16.52x | 6.24x | 4.09x | 3.68x | 4.92x | 5.74x | 4.23x |
| Net Debt / EBITDA | -2.28x | 9.86x | 5.15x | 1.93x | 2.10x | 8.69x | -5.19x | 3.03x | 4.27x | 13.66x | 4.90x | 3.86x | 5.31x | 13.89x | 5.18x | 3.36x | 3.08x | 4.17x | 4.88x | 3.05x |
| Interest Coverage | 14.82x | 3.23x | 4.61x | 15.25x | 14.88x | 0.87x | 0.92x | 7.90x | 7.52x | 1.25x | 4.59x | 6.83x | 6.90x | 2.28x | 8.86x | 15.81x | 21.23x | 15.08x | 15.96x | 16.80x |
| Total Equity | 4.31B | 4.32B | 4.3B | 4.29B | 4.22B | 3.95B | 4.06B | 4.07B | 4.01B | 3.94B | 3.92B | 3.98B | 3.9B | 3.79B | 3.65B | 3.58B | 3.44B | 3.26B | 3.13B | 2.95B |
| Equity Growth % | 2.09% | 9.34% | 5.84% | 5.29% | 5.38% | 0.28% | 3.53% | 2.28% | 2.66% | 4.08% | 7.47% | 11.2% | 13.47% | 16.37% | 16.56% | 21.51% | 24.77% | 24.1% | 27.94% | 24.32% |
| Book Value per Share | 82.30 | 81.80 | 81.16 | 80.50 | 79.05 | 74.30 | 76.68 | 75.84 | 74.61 | 73.49 | 72.86 | 73.95 | 72.55 | 70.40 | 67.70 | 65.68 | 62.49 | 58.50 | 56.14 | 52.74 |
| Total Shareholders' Equity | 4.31B | 4.32B | 4.3B | 4.29B | 4.22B | 3.95B | 4.05B | 4.07B | 4B | 3.94B | 3.92B | 3.98B | 3.9B | 3.78B | 3.64B | 3.57B | 3.43B | 3.23B | 3.1B | 2.92B |
| Common Stock | 6.77M | 6.77M | 6.77M | 6.73M | 6.73M | 6.73M | 6.71M | 6.69M | 6.69M | 6.69M | 6.67M | 6.63M | 6.63M | 6.63M | 6.63M | 6.61M | 6.61M | 6.61M | 6.61M | 6.57M |
| Retained Earnings | 4.46B | 4.39B | 4.4B | 4.41B | 4.31B | 4.2B | 4.23B | 4.25B | 4.19B | 4.1B | 4.12B | 4.09B | 4.03B | 3.93B | 3.93B | 3.81B | 3.56B | 3.23B | 2.99B | 2.77B |
| Treasury Stock | -837.69M | -787.19M | -761.95M | -744.26M | -693.32M | -693.32M | -686.34M | -677.3M | -651.95M | -638.95M | -633.82M | -592.67M | -592.27M | -575.67M | -575.52M | -543.34M | -476.56M | -436.57M | -378.24M | -360.23M |
| Accumulated OCI | 49.74M | 84.39M | 30.24M | 10.39M | -2.37M | -157.92M | -81.81M | -93.71M | -110.54M | -92.89M | -128.47M | -68.55M | -74.93M | -96.05M | -223.7M | -181.61M | -142.61M | -55.7M | 11.97M | 44.62M |
| Minority Interest | -1.89M | -562K | 2.56M | 1.05M | 404K | 1.72M | 7.62M | 6.62M | 5.12M | 6.18M | 8.13M | 7.38M | 6.38M | 7.35M | 8.6M | 7.79M | 7.29M | 27.93M | 29.4M | 26.26M |