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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Thor Industries (THO) Operating Margin (2016 - 2026)

Thor Industries (THO) has disclosed Operating Margin for 18 consecutive years, with 1.85% as the latest value for Q1 2026.

  • On a quarterly basis, Operating Margin fell 9.0% to 1.85% in Q1 2026 year-over-year; TTM through Jan 2026 was 4.47%, a 23.0% decrease, with the full-year FY2025 number at 4.36%, down 118.0% from a year prior.
  • Operating Margin was 1.85% for Q1 2026 at Thor Industries, down from 2.8% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 11.29% in Q2 2022 to a low of 1.85% in Q1 2026.
  • A 5-year average of 5.88% and a median of 6.72% in 2024 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: soared 338bps in 2022, then tumbled -736bps in 2023.
  • Thor Industries' Operating Margin stood at 7.88% in 2022, then dropped by -29bps to 5.6% in 2023, then crashed by -66bps to 1.92% in 2024, then soared by 46bps to 2.8% in 2025, then crashed by -34bps to 1.85% in 2026.
  • Per Business Quant, the three most recent readings for THO's Operating Margin are 1.85% (Q1 2026), 2.8% (Q4 2025), and 5.27% (Q3 2025).