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Thor Industries (THO) Debt Ratio (2016 - 2026)

Thor Industries (THO) reported Debt Ratio of 0.13 for Q1 2026, down 18.28% year-over-year from 0.15 in Q1 2025, and down 4.2% on a QoQ basis from 0.13 in Q4 2025.

Thor Industries (THO) has 11 years of Debt Ratio data on file, last reported at 0.13 in Q1 2026.

  • Quarterly Debt Ratio fell 18.28% year-over-year to 0.13 in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 0.13 (down 18.28% YoY) and the FY2025 annual result came in at 0.13, down 19.11% from the prior year.
  • Debt Ratio retreated to 0.13 in Q1 2026 per THO's latest filing, from 0.13 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.28 in Q1 2022 and bottomed at 0.13 in Q1 2026.
  • The 5-year median for Debt Ratio is 0.18 (2023), against an average of 0.19.
  • The widest annual swing landed in 2022, when Debt Ratio climbed 0.03%; it then slipped 24.8% in 2023.
  • Tracing THO's Debt Ratio over 5 years: stood at 0.24 in 2022, then fell by 24.5% to 0.18 in 2023, then dropped by 12.47% to 0.16 in 2024, then declined by 16.31% to 0.13 in 2025, then fell by 4.2% to 0.13 in 2026.
  • Per Business Quant, the three latest THO Debt Ratio figures stand at 0.13 (Q1 2026), 0.13 (Q4 2025), and 0.13 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 0.42
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 0.13
3 Polaris 4.05 Bn 3.77 Bn - 0.40
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn 0.39
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 0.43
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 0.23
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 0.29
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn 0.22
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 0.16
10 MasterCraft Boat Holdings 376.07 Mn 291.65 Mn 19.54 Mn -

Historic Data

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DateValue
Jan 31, 2026 0.13
Oct 31, 2025 0.13
Jul 31, 2025 0.13
Apr 30, 2025 0.14
Jan 31, 2025 0.15
Oct 31, 2024 0.16
Jul 31, 2024 0.16
Apr 30, 2024 0.17
Jan 31, 2024 0.19
Oct 31, 2023 0.18
Jul 31, 2023 0.18
Apr 30, 2023 0.22
Jan 31, 2023 0.24
Oct 31, 2022 0.24
Jul 31, 2022 0.24
Apr 30, 2022 0.26
Jan 31, 2022 0.28
Oct 31, 2021 0.29
Jul 31, 2021 0.24
Apr 30, 2021 0.26
Jan 31, 2021 0.29
Oct 31, 2020 0.27
Jul 31, 2020 0.29
Apr 30, 2020 0.35
Jan 31, 2020 0.31
Oct 31, 2019 0.32
Jul 31, 2019 0.34
Apr 30, 2019 0.37
Apr 30, 2018 0.03
Jan 31, 2018 0.03
Oct 31, 2017 0.03
Jul 31, 2017 0.06
Apr 30, 2017 0.11
Jan 31, 2017 0.13
Oct 31, 2016 0.14
Jul 31, 2016 0.15