Thor Industries (THO) Operating Income (2009 - 2026)
Thor Industries (THO) posted quarterly Operating Income of $39.2 million for Q1 2026, up 0.66% year-over-year from $39.0 million in Q1 2025, and down 41.39% quarter-over-quarter from $66.9 million in Q4 2025.
Thor Industries (THO) Operating Income (2009 - 2026) Analysis & Trends
Thor Industries (THO) has reported Operating Income for 18 consecutive years, with $39.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income rose 0.66% year-over-year to $39.2 million; the TTM figure through Jan 2026 stood at $444.0 million (changed 0.41% YoY), while the FY2025 annual figure was $418.1 million, down 24.86% from the prior year.
- Operating Income fell to $39.2 million in Q1 2026 per THO's latest filing, from $66.9 million in the prior quarter.
- Across five years, Operating Income topped out at $525.8 million in Q2 2022 and bottomed at $39.0 million in Q1 2025.
- Historically, Operating Income has averaged $184.5 million across 5 years, with a median of $170.3 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Income surged 95.42% — and 2023, when it sank 81.81%.
- Thor Industries' Operating Income stood at $244.9 million in 2022, then tumbled by 42.81% to $140.0 million in 2023, then slumped by 70.55% to $41.2 million in 2024, then soared by 62.31% to $66.9 million in 2025, then sank by 41.39% to $39.2 million in 2026.
- Business Quant data shows THO's Operating Income at $39.2 million in Q1 2026, $66.9 million in Q4 2025, and $133.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.32 Bn | 409.69 Mn | 164.50 Mn |
| 2 | Thor Industries | 4.08 Bn | 3.71 Bn | 354.77 Mn | 123.84 Mn |
| 3 | Polaris | 3.68 Bn | 3.38 Bn | - | - |
| 4 | Harley-Davidson | 2.89 Bn | 995.48 Mn | 421.12 Mn | 76.01 Mn |
| 5 | Patrick Industries | 2.71 Bn | 2.68 Bn | 247.58 Mn | 77.04 Mn |
| 6 | Lci Industries | 2.58 Bn | 2.36 Bn | 301.14 Mn | 95.96 Mn |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 129.40 Mn |
| 8 | Winnebago Industries | 903.14 Mn | 846.04 Mn | 94.90 Mn | 23.00 Mn |
| 9 | Malibu Boats | 544.37 Mn | 494.20 Mn | 41.28 Mn | -1.91 Mn |
| 10 | MasterCraft Boat Holdings | 395.82 Mn | 311.20 Mn | 19.54 Mn | -1.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 123.84 Mn |
| Jan 31, 2026 | 39.23 Mn |
| Oct 31, 2025 | 66.94 Mn |
| Jul 31, 2025 | 133.02 Mn |
| Apr 30, 2025 | 204.85 Mn |
| Jan 31, 2025 | 38.98 Mn |
| Oct 31, 2024 | 41.25 Mn |
| Jul 31, 2024 | 170.34 Mn |
| Apr 30, 2024 | 195.34 Mn |
| Jan 31, 2024 | 50.72 Mn |
| Oct 31, 2023 | 140.04 Mn |
| Jul 31, 2023 | 184.66 Mn |
| Apr 30, 2023 | 222.59 Mn |
| Jan 31, 2023 | 74.19 Mn |
| Oct 31, 2022 | 244.85 Mn |
| Jul 31, 2022 | 396.43 Mn |
| Apr 30, 2022 | 525.77 Mn |
| Jan 31, 2022 | 407.82 Mn |
| Oct 31, 2021 | 359.54 Mn |
| Jul 31, 2021 | 345.83 Mn |