Thor Industries (THO) Operating Margin (2009 - 2026)

Thor Industries (THO) has reported Operating Margin for 18 consecutive years, with 4.45% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin fell 262.0% year-over-year to 4.45% in Q2 2026; TTM through Apr 2026 was 3.7%, a 105.0% decrease from a year earlier, with the FY2025 full-year figure at 4.36%, down 118.0% from the prior year.
• Operating Margin was 4.45% for Q2 2026 at Thor Industries, up from 1.85% in the prior quarter.
• Over five years, Operating Margin peaked at 11.29% in Q2 2022 and troughed at 1.85% in Q1 2026.
• A 5-year average of 5.8% and a median of 6.16% in 2024 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin surged 338 bps in 2022 and sank 736 bps in 2023, its largest moves.
• Over 5 years, Operating Margin stood at 7.88% in 2022, then decreased by 29 bps to 5.6% in 2023, then tumbled by 66 bps to 1.92% in 2024, then jumped by 46 bps to 2.8% in 2025, then surged by 59 bps to 4.45% in 2026.
• The last three Operating Margin figures came in at 4.45% (Q2 2026), 1.85% (Q1 2026), and 2.8% (Q4 2025), per Business Quant data.