Thor Industries (THO) Debt Ratio (2016 - 2026)
Thor Industries (THO) posted quarterly Debt Ratio of 0.13 for Q1 2026, down 20.15% year-over-year from 0.16 in Q1 2025, and down 3.88% quarter-over-quarter from 0.13 in Q4 2025.
Thor Industries (THO) Debt Ratio (2016 - 2026) Analysis & Trends
Thor Industries (THO) has reported Debt Ratio for 11 consecutive years, with 0.13 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 20.15% year-over-year to 0.13; the TTM figure through Jan 2026 stood at 0.13 (down 20.15% YoY), while the FY2025 annual figure was 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.
- Historically, Debt Ratio has averaged 0.19 across 5 years, with a median of 0.18 in 2023.
- Annual changes were most pronounced in 2022 — Debt Ratio increased 0.03% — and 2023, when it declined 24.8%.
- Thor Industries' Debt Ratio stood at 0.24 in 2022, then slipped by 24.5% to 0.18 in 2023, then fell by 9.85% to 0.16 in 2024, then dropped by 18.74% to 0.13 in 2025, then slipped by 3.88% to 0.13 in 2026.
- Business Quant data shows THO's Debt Ratio at 0.13 in Q1 2026, 0.13 in Q4 2025, and 0.13 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.91 Bn | 4.35 Bn | 409.69 Mn | 0.36 |
| 2 | Thor Industries | 4.11 Bn | 3.74 Bn | 354.77 Mn | 0.12 |
| 3 | Polaris | 3.70 Bn | 3.39 Bn | - | 0.38 |
| 4 | Harley-Davidson | 2.89 Bn | 995.48 Mn | 421.12 Mn | 0.31 |
| 5 | Patrick Industries | 2.74 Bn | 2.71 Bn | 247.58 Mn | 0.44 |
| 6 | Lci Industries | 2.57 Bn | 2.35 Bn | 301.14 Mn | 0.26 |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 0.38 |
| 8 | Winnebago Industries | 915.79 Mn | 858.69 Mn | 94.90 Mn | 0.22 |
| 9 | Malibu Boats | 554.17 Mn | 504.01 Mn | 41.28 Mn | 0.16 |
| 10 | MasterCraft Boat Holdings | 405.34 Mn | 320.72 Mn | 19.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.12 |
| Jan 31, 2026 | 0.13 |
| Oct 31, 2025 | 0.13 |
| Jul 31, 2025 | 0.13 |
| Apr 30, 2025 | 0.14 |
| Jan 31, 2025 | 0.16 |
| 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 |