Thor Industries (THO) Net Margin (2009 - 2026)
Thor Industries (THO) reported Net Margin of 0.69% for Q1 2026, up 84.0% year-over-year from 0.37% in Q1 2025, and down 28.98% on a QoQ basis from 0.97% in Q4 2025.
Thor Industries (THO) has 18 years of Net Margin data on file, last reported at 0.69% in Q1 2026.
- Quarterly Net Margin rose 84.0% year-over-year to 0.69% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 3.0% (up 89.0% YoY) and the FY2025 annual result came in at 2.68%, up 4.0% from the prior year.
- Net Margin eased 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.
- The 5-year median for Net Margin is 3.61% (2024), against an average of 3.28%.
- The widest annual swing landed in 2022, when Net Margin soared 215 bps; it then tumbled 576 bps in 2023.
- Tracing THO's Net Margin over 5 years: stood at 4.42% in 2022, then tumbled by 50 bps to 2.2% in 2023, then slumped by 102 bps to 0.04% in 2024, then soared by 2480 bps to 0.97% in 2025, then fell by 29 bps to 0.69% in 2026.
- Per Business Quant, the three latest THO Net Margin figures stand at 0.69% (Q1 2026), 0.97% (Q4 2025), and 5.02% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | - |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | 0.69% |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | - |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | 0.04% |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | 3.96% |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | 2.27% |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | 5.77% |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | 0.73% |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | -1.03% |
| 10 | MasterCraft Boat Holdings | 376.07 Mn | 291.65 Mn | 19.54 Mn | -0.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 30, 2021 | 5.28% |
| Jan 31, 2021 | 4.81% |
| Oct 31, 2020 | 4.56% |
| Jul 31, 2020 | 5.15% |
| Apr 30, 2020 | 1.35% |
| Jan 31, 2020 | 1.35% |
| Oct 31, 2019 | 2.40% |
| Jul 31, 2019 | 4.00% |
| Apr 30, 2019 | 1.25% |
| Jan 31, 2019 | -0.42% |
| Oct 31, 2018 | 0.79% |
| Jul 31, 2018 | 4.71% |
| Apr 30, 2018 | 5.94% |
| Jan 31, 2018 | 4.05% |
| Oct 31, 2017 | 5.75% |
| Jul 31, 2017 | 6.17% |
| Apr 30, 2017 | 5.52% |
| Jan 31, 2017 | 4.08% |
| Oct 31, 2016 | 4.61% |
| Jul 31, 2016 | -0.01% |
| Apr 30, 2016 | -0.05% |
| Jan 31, 2016 | -0.06% |
| Oct 31, 2015 | -0.02% |
| Jul 31, 2015 | -0.05% |
| Apr 30, 2015 | -0.06% |
| Jan 31, 2015 | -0.19% |
| Oct 31, 2014 | -0.05% |
| Jul 31, 2014 | -0.22% |
| Apr 30, 2014 | -0.07% |
| Jan 31, 2014 | -0.30% |
| Oct 31, 2013 | 0.59% |
| Jul 31, 2013 | 0.44% |
| Apr 30, 2013 | -0.53% |
| Jan 31, 2013 | 0.14% |
| Oct 31, 2012 | 0.45% |
| Jul 31, 2012 | 7.68% |
| Apr 30, 2012 | 4.46% |
| Jan 31, 2012 | 2.29% |
| Oct 31, 2011 | 3.32% |
| Jul 31, 2011 | -1.24% |
| Apr 30, 2011 | 4.70% |
| Jan 31, 2011 | 1.08% |
| Oct 31, 2010 | 3.90% |
| Jul 31, 2010 | 6.12% |
| Apr 30, 2010 | 5.01% |
| Jan 31, 2010 | 2.77% |
| Oct 31, 2009 | 4.66% |