Thor Industries (THO) Net Margin (2009 - 2026)
Thor Industries (THO) posted quarterly Net Margin of 0.69% for Q1 2026, up 84.0% year-over-year from 0.37% in Q1 2025, and down 28.98% quarter-over-quarter from 0.97% in Q4 2025.
Thor Industries (THO) Net Margin (2009 - 2026) Analysis & Trends
Thor Industries (THO) has reported Net Margin for 18 consecutive years, with 0.69% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 84.0% year-over-year to 0.69%; the TTM figure through Jan 2026 stood at 3.0% (up 89.0% YoY), while the FY2025 annual figure was 2.68%, up 4.0% from the prior year.
- Net Margin fell to 0.69% in Q1 2026 per THO's latest filing, from 0.97% in the prior quarter.
- Across five years, Net Margin topped out at 7.43% in Q2 2022 and bottomed at 0.15% in Q1 2025.
- Historically, Net Margin has averaged 3.28% across 5 years, with a median of 3.61% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin surged 215 bps — and 2023, when it sank 576 bps.
- Thor Industries' Net Margin stood at 4.42% in 2022, then slumped by 50 bps to 2.2% in 2023, then sank by 102 bps to 0.04% in 2024, then soared by 2480 bps to 0.97% in 2025, then slipped by 29 bps to 0.69% in 2026.
- Business Quant data shows THO's Net Margin at 0.69% in Q1 2026, 0.97% in Q4 2025, and 5.02% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.86 Bn | 4.30 Bn | 409.69 Mn | 5.41% |
| 2 | Thor Industries | 4.10 Bn | 3.73 Bn | 354.77 Mn | 3.43% |
| 3 | Polaris | 3.67 Bn | 3.37 Bn | - | - |
| 4 | Harley-Davidson | 2.88 Bn | 988.13 Mn | 421.12 Mn | 6.42% |
| 5 | Patrick Industries | 2.71 Bn | 2.69 Bn | 247.58 Mn | 4.17% |
| 6 | Lci Industries | 2.55 Bn | 2.33 Bn | 301.14 Mn | 6.93% |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 8.56% |
| 8 | Winnebago Industries | 910.98 Mn | 853.88 Mn | 94.90 Mn | 2.08% |
| 9 | Malibu Boats | 554.56 Mn | 504.39 Mn | 41.28 Mn | -1.03% |
| 10 | MasterCraft Boat Holdings | 406.15 Mn | 321.52 Mn | 19.54 Mn | -0.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 3.43% |
| Jan 31, 2026 | 0.69% |
| Oct 31, 2025 | 0.97% |
| Jul 31, 2025 | 5.02% |
| Apr 30, 2025 | 4.63% |
| Jan 31, 2025 | -0.15% |
| Oct 31, 2024 | -0.04% |
| Jul 31, 2024 | 3.61% |
| Apr 30, 2024 | 4.05% |
| Jan 31, 2024 | 0.24% |
| Oct 31, 2023 | 2.20% |
| Jul 31, 2023 | 3.33% |
| Apr 30, 2023 | 4.09% |
| Jan 31, 2023 | 1.10% |
| Oct 31, 2022 | 4.42% |
| Jul 31, 2022 | 7.37% |
| Apr 30, 2022 | 7.43% |
| Jan 31, 2022 | 6.86% |
| Oct 31, 2021 | 6.18% |
| Jul 31, 2021 | 6.44% |