Thor Industries (THO) Gross Margin (2009 - 2026)
Thor Industries (THO) reported Gross Margin of 12.36% for fiscal Q4 2026 (quarter ended Jul 31, 2026), down 2.34 percentage points from 14.70% a year earlier and down 0.40 percentage points from the prior quarter.
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Analysis
Thor Industries (THO) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Thor Industries posted Gross Margin of 12.62%, down 1.37 percentage points from FY2025.
- Gross Margin has a five-year change of -2.76 percentage points (FY2021 to FY2026).
- By fiscal year, Gross Margin came in at 13.99% in FY2025 (-0.46 pp), 14.46% in FY2024 (+0.10 pp), 14.35% in FY2023 (-2.85 pp) and 17.20% in FY2022 (+1.82 pp).
- Five-year quarterly Gross Margin spans a low of 11.82% in fiscal Q2 2026 and a high of 17.48% in fiscal Q4 2022.
- Year over year, Gross Margin has now declined in each of the last three quarters, with an average year-over-year change of -0.89 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was fiscal Q3 2022 (a gain of 2.73 percentage points); the low point was fiscal Q2 2023 (a drop of 5.37 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 12.75% (Q3 2026), 11.82% (Q2 2026) and 13.43% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,157.07 Bn | 991.62 Bn | 4.75 Bn | 16.83% |
| 2 | Toyota Motor | 254.94 Bn | -151.80 Bn | 20.95 Bn | 24.69% |
| 3 | Ferrari | 147.58 Bn | 140.03 Bn | 1.18 Bn | 52.59% |
| 4 | Honda Motor | 147.32 Bn | 14.70 Bn | 8.46 Bn | 22.24% |
| 5 | General Motors | 70.77 Bn | -34.10 Bn | 7.33 Bn | 15.26% |
| 6 | Ford Motor | 48.49 Bn | -93.97 Bn | 6.08 Bn | 12.59% |
| 7 | Rivian Automotive | 20.14 Bn | -3.15 Bn | 179.00 Mn | 10.80% |
| 8 | Magna International | 18.12 Bn | 15.68 Bn | 1.61 Bn | 14.68% |
| 9 | Stellantis | 13.39 Bn | -152.61 Bn | 5.55 Bn | 10.98% |
| 10 | Thor Industries | 3.68 Bn | 2.08 Bn | 285.63 Mn | 12.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 12.36% |
| Apr 30, 2026 | 12.75% |
| Jan 31, 2026 | 11.82% |
| Oct 31, 2025 | 13.43% |
| Jul 31, 2025 | 14.70% |
| Apr 30, 2025 | 15.31% |
| Jan 31, 2025 | 12.15% |
| Oct 31, 2024 | 13.13% |
| Jul 31, 2024 | 15.84% |
| Apr 30, 2024 | 15.06% |
| Jan 31, 2024 | 12.27% |
| Oct 31, 2023 | 14.31% |
| Jul 31, 2023 | 14.40% |
| Apr 30, 2023 | 14.77% |
| Jan 31, 2023 | 12.06% |
| Oct 31, 2022 | 15.65% |
| Jul 31, 2022 | 17.48% |
| Apr 30, 2022 | 17.34% |
| Jan 31, 2022 | 17.43% |
| Oct 31, 2021 | 16.56% |
API Access
Thor Industries Gross Margin 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=gross-margin&ticker=THO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=THO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();