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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Thor Industries, Inc. (THO) Quarterly Financial Ratios

Last 47 quarters of trend data · Consumer Cyclical · Auto - Recreational Vehicles

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Thor Industries, Inc.'s quarterly P/E stands at 82.3x. EV/EBITDA has compressed 32.7% YoY to 13.6x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
P/E Ratio →15.8982.2663.639.647.16——15.7911.67217.3522.2017.198.82
———-39.0%-38.7%——-8.1%+32.3%+356.0%+175.8%+319.8%+191.2%
P/S Ratio0.420.700.580.480.330.680.640.560.480.690.470.570.36
—+2.6%-10.1%-14.6%-29.9%-1.3%+35.9%-1.0%+31.3%+25.6%+34.0%+88.8%+60.4%
P/B Ratio0.961.371.291.130.921.381.361.401.331.541.211.561.09
—-1.2%-5.3%-19.2%-31.3%-10.0%+12.5%-10.4%+22.3%+13.6%+0.3%+21.6%-11.1%
P/FCF8.93——5.494.32298.89252.134.685.95—55.173.464.44
———+17.3%-27.4%—+357.0%+35.4%+33.8%—+91.5%-15.5%+20.8%
EV / EBITDA6.3813.6214.444.924.5320.2411.717.576.8420.926.747.745.61
—-32.7%+23.4%-35.0%-33.7%-3.3%+73.6%-2.2%+21.9%+79.4%+24.6%+103.2%+110.5%
EV / EBIT10.5246.6338.808.456.56148.0590.6210.899.6451.5815.0711.467.71
—-68.5%-57.2%-22.4%-31.9%+187.0%+501.3%-4.9%+25.0%+81.9%+109.0%+170.6%+151.9%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Thor Industries, Inc.'s operating margin was 1.8% in Q2 2026, up 0.2 pp QoQ and up 1.4 pp YoY. The trailing four-quarter average of 4.3% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.

Margins

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Gross Margin14.0%11.8%13.4%14.7%15.3%12.1%13.1%15.8%16.9%13.8%14.3%14.4%14.8%
—-2.7%+2.3%-7.2%-9.6%-12.1%-8.2%+10.0%+14.6%+14.6%-8.6%-17.6%-14.8%
Operating Margin4.4%1.8%1.6%7.6%6.1%0.5%1.9%5.3%5.8%0.8%5.6%5.6%6.2%
—+282.7%-15.2%+42.2%+3.8%-42.4%-65.6%-5.3%-6.1%-73.5%-13.9%-39.5%-40.4%
Net Margin2.7%0.8%0.9%5.0%4.7%-0.0%-0.1%3.6%4.1%0.3%2.1%3.3%4.1%
—+3167.8%+1160.8%+40.3%+14.2%-108.4%-104.0%+7.7%-0.8%-71.7%-51.1%-55.1%-44.8%

Return on Capital

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
ROE6.2%0.4%0.5%3.0%3.3%-0.0%-0.0%2.2%2.9%0.2%1.4%2.3%3.1%
—+3114.6%+1221.3%+32.6%+14.8%-107.5%-103.3%-2.7%-8.2%-74.8%-64.0%-71.4%-69.8%
ROA3.7%0.3%0.3%1.8%1.9%-0.0%-0.0%1.3%1.6%0.1%0.7%1.2%1.6%
—+3238.3%+1267.8%+39.7%+22.8%-108.1%-103.6%+3.7%-2.4%-73.0%-60.0%-67.1%-64.1%
ROIC6.7%0.7%0.6%3.1%2.8%0.2%0.7%2.1%2.4%0.3%2.2%2.3%2.6%
—+273.2%-16.5%+46.8%+16.3%-36.9%-66.1%-8.7%-6.5%-73.9%-27.2%-56.3%-63.5%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Thor Industries, Inc.'s Debt/EBITDA ratio is 0.0x, down from 10.0x last quarter — comfortably within a safe range.

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Debt / Equity0.220.000.240.220.240.260.010.280.340.390.330.330.44
—-99.7%+2984.4%-22.7%-29.1%-32.5%-97.6%-14.9%-22.4%-17.3%-30.8%-33.2%-26.5%
Debt / EBITDA1.340.0310.013.514.2113.620.305.425.8717.596.195.706.83
—-99.8%+3284.5%-35.3%-28.3%-22.6%-95.2%-4.8%-14.0%+41.0%-3.5%+28.7%+85.8%
Current Ratio1.751.761.811.751.711.711.711.691.651.751.631.631.79
—+3.0%+5.7%+3.7%+3.8%-1.9%+4.6%+3.9%-7.9%-10.6%-11.5%-6.7%+5.3%
Quick Ratio0.900.730.830.900.900.780.780.820.740.650.640.660.71
—-5.7%+6.4%+9.9%+20.5%+18.8%+23.3%+23.3%+4.8%-4.0%-9.6%-10.8%-13.9%
Interest Coverage8.634.164.3419.0815.640.812.717.367.480.666.936.836.90
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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THO — Frequently Asked Questions

Quick answers to the most common questions about buying THO stock.

What is Thor Industries, Inc.'s quarterly P/E ratio trend?

Thor Industries, Inc.'s current P/E is 15.9x. The average P/E over the last 4 quarters is 40.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Thor Industries, Inc.'s margins change by quarter?

Thor Industries, Inc.'s current operating margin is 4.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at THO quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Thor Industries, Inc.'s business trajectory between earnings reports.

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