Thor Industries (THO) Debt Ratio (2016 - 2026)
Thor Industries' (THO) Debt Ratio stood at 0.13 in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 4.0% from 0.14 a year earlier but up 1.4% from the prior quarter.
Thor Industries (THO) Debt Ratio (2016 - 2026) Analysis & Trends
Starting with fiscal Q4 2016, Thor Industries' Debt Ratio history includes 38 quarters.
- Annual Debt Ratio has declined for seven straight fiscal years.
- Across earlier fiscal years, Debt Ratio came in at 0.14 in FY2025 (-19.0%), 0.17 in FY2024 (-7.8%), 0.19 in FY2023 (-22.9%) and 0.24 in FY2022 (-1.6%).
- Quarterly Debt Ratio has ranged from 0.13 in fiscal Q3 2026 to 0.29 in fiscal Q1 2022 over the past five years.
- On a year-over-year basis, Debt Ratio has declined for 19 consecutive quarters, with an average decline of 14.6% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 4.6% in fiscal Q1 2022, against a decline of 22.9% in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.13 (Q3 2026), 0.14 (Q2 2026) and 0.14 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,157.07 Bn | 991.62 Bn | 4.75 Bn | 0.01 |
| 2 | Toyota Motor | 254.94 Bn | -151.80 Bn | 20.95 Bn | 0.28 |
| 3 | Ferrari | 147.58 Bn | 140.03 Bn | 1.18 Bn | 0.31 |
| 4 | Honda Motor | 147.32 Bn | 14.70 Bn | 8.46 Bn | 0.02 |
| 5 | General Motors | 70.77 Bn | -34.10 Bn | 7.33 Bn | 0.45 |
| 6 | Ford Motor | 48.49 Bn | -93.97 Bn | 6.08 Bn | 0.56 |
| 7 | Rivian Automotive | 20.14 Bn | -3.15 Bn | 179.00 Mn | 0.29 |
| 8 | Magna International | 18.12 Bn | 15.68 Bn | 1.61 Bn | - |
| 9 | Stellantis | 13.39 Bn | -152.61 Bn | 5.55 Bn | 0.24 |
| 10 | Thor Industries | 3.68 Bn | 2.08 Bn | 285.63 Mn | 0.13 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.13 |
| Apr 30, 2026 | 0.13 |
| Jan 31, 2026 | 0.14 |
| Oct 31, 2025 | 0.14 |
| Jul 31, 2025 | 0.14 |
| Apr 30, 2025 | 0.15 |
| Jan 31, 2025 | 0.16 |
| Oct 31, 2024 | 0.17 |
| Jul 31, 2024 | 0.17 |
| Apr 30, 2024 | 0.18 |
| Jan 31, 2024 | 0.20 |
| Oct 31, 2023 | 0.19 |
| Jul 31, 2023 | 0.19 |
| Apr 30, 2023 | 0.22 |
| Jan 31, 2023 | 0.25 |
| Oct 31, 2022 | 0.24 |
| Jul 31, 2022 | 0.24 |
| Apr 30, 2022 | 0.26 |
| Jan 31, 2022 | 0.29 |
| Oct 31, 2021 | 0.29 |
Thor Industries Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=THO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "THO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=THO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();