Thor Industries (THO) Interest Expenses (2009 - 2026)
Thor Industries (THO) posted quarterly Interest Expenses of $61.8 million for Q1 2026, down 15.63% year-over-year from $73.2 million in Q1 2025, and up 1.01% quarter-over-quarter from $61.2 million in Q4 2025.
Thor Industries (THO) Interest Expenses (2009 - 2026) Analysis & Trends
Thor Industries (THO) has reported Interest Expenses for 18 consecutive years, with $61.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 15.63% year-over-year to $61.8 million; the TTM figure through Jan 2026 stood at $61.8 million (down 15.63% YoY), while the FY2025 annual figure was $234.2 million, down 19.38% from the prior year.
- Interest Expenses climbed to $61.8 million in Q1 2026 per THO's latest filing, from $61.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $271.7 million in Q3 2023 and bottomed at -$138.8 million in Q3 2024.
- Historically, Interest Expenses has averaged $79.5 million across 5 years, with a median of $89.6 million in 2023.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 208.46% — and 2024, when it tumbled 151.09%.
- Thor Industries' Interest Expenses stood at $94.9 million in 2022, then slipped by 5.58% to $89.6 million in 2023, then dropped by 16.83% to $74.5 million in 2024, then dropped by 17.93% to $61.2 million in 2025, then grew by 1.01% to $61.8 million in 2026.
- Business Quant data shows THO's Interest Expenses at $61.8 million in Q1 2026, $61.2 million in Q4 2025, and $7.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.86 Bn | 4.30 Bn | 409.69 Mn | 29.03 Mn |
| 2 | Thor Industries | 4.10 Bn | 3.73 Bn | 354.77 Mn | - |
| 3 | Polaris | 3.67 Bn | 3.37 Bn | - | - |
| 4 | Harley-Davidson | 2.88 Bn | 986.03 Mn | 421.12 Mn | 30.56 Mn |
| 5 | Patrick Industries | 2.72 Bn | 2.69 Bn | 247.58 Mn | - |
| 6 | Lci Industries | 2.55 Bn | 2.33 Bn | 301.14 Mn | - |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 24.80 Mn |
| 8 | Winnebago Industries | 912.11 Mn | 855.01 Mn | 94.90 Mn | 5.00 Mn |
| 9 | Malibu Boats | 554.56 Mn | 504.39 Mn | 41.28 Mn | 896,000.00 |
| 10 | MasterCraft Boat Holdings | 403.97 Mn | 319.35 Mn | 19.54 Mn | 58,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 61.41 Mn |
| Apr 30, 2026 | 61.41 Mn |
| Jan 31, 2026 | 61.78 Mn |
| Jan 31, 2026 | 61.78 Mn |
| Oct 31, 2025 | 61.16 Mn |
| Oct 31, 2025 | 61.16 Mn |
| Jul 31, 2025 | 7.95 Mn |
| Jul 31, 2025 | 7.95 Mn |
| Apr 30, 2025 | 75.83 Mn |
| Apr 30, 2025 | 75.83 Mn |
| Jan 31, 2025 | 73.22 Mn |
| Jan 31, 2025 | 73.22 Mn |
| Oct 31, 2024 | 74.52 Mn |
| Oct 31, 2024 | 74.52 Mn |
| Jul 31, 2024 | -138.82 Mn |
| Jul 31, 2024 | -138.82 Mn |
| Apr 30, 2024 | 89.96 Mn |
| Apr 30, 2024 | 89.96 Mn |
| Jan 31, 2024 | 90.40 Mn |
| Jan 31, 2024 | 90.40 Mn |