KPIs & Operating Metrics(New)
Growth Metrics

Thor Industries (THO) Gross Margin (2016 - 2026)

Thor Industries (THO) has disclosed Gross Margin for 18 consecutive years, with 11.82% as the latest value for Q1 2026.

  • On a quarterly basis, Gross Margin fell 33.0% to 11.82% in Q1 2026 year-over-year; TTM through Jan 2026 was 13.95%, a 26.0% decrease, with the full-year FY2025 number at 13.99%, down 46.0% from a year prior.
  • Gross Margin was 11.82% for Q1 2026 at Thor Industries, down from 13.43% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 17.48% in Q3 2022 to a low of 11.82% in Q1 2026.
  • A 5-year average of 14.54% and a median of 14.7% in 2025 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: surged 273bps in 2022, then tumbled -537bps in 2023.
  • Thor Industries' Gross Margin stood at 15.65% in 2022, then fell by -9bps to 14.31% in 2023, then dropped by -8bps to 13.13% in 2024, then rose by 2bps to 13.43% in 2025, then dropped by -12bps to 11.82% in 2026.
  • Per Business Quant, the three most recent readings for THO's Gross Margin are 11.82% (Q1 2026), 13.43% (Q4 2025), and 14.7% (Q3 2025).