Thor Industries (THO) Operating Margin (2009 - 2026)
Thor Industries (THO) reported Operating Margin of 3.43% for fiscal Q4 2026 (quarter ended Jul 31, 2026), down 1.84 percentage points from 5.27% a year earlier and down 1.03 percentage points from the prior quarter.
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Analysis
Thor Industries (THO) Operating Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Thor Industries posted Operating Margin of 3.22%, down 1.15 percentage points from FY2025.
- Operating Margin has declined for four consecutive fiscal years, with a five-year change of -5.10 percentage points (FY2021 to FY2026).
- By fiscal year, Operating Margin came in at 4.36% in FY2025 (-1.18 pp), 5.54% in FY2024 (-0.99 pp), 6.53% in FY2023 (-3.83 pp) and 10.36% in FY2022 (+2.04 pp).
- Five-year quarterly Operating Margin spans a low of 1.85% in fiscal Q2 2026 and a high of 11.29% in fiscal Q3 2022.
- Year over year, Operating Margin has now declined in each of the last three quarters, with an average year-over-year change of -1.13 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was fiscal Q3 2022 (a gain of 3.38 percentage points); the low point was fiscal Q2 2023 (a drop of 7.36 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 4.45% (Q3 2026), 1.85% (Q2 2026) and 2.80% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,157.07 Bn | 991.62 Bn | 4.75 Bn | 1.41% |
| 2 | Toyota Motor | 254.94 Bn | -151.80 Bn | 20.95 Bn | 7.86% |
| 3 | Ferrari | 147.58 Bn | 140.03 Bn | 1.18 Bn | 31.22% |
| 4 | Honda Motor | 147.32 Bn | 14.70 Bn | 8.46 Bn | 8.76% |
| 5 | General Motors | 70.77 Bn | -34.10 Bn | 7.33 Bn | 3.04% |
| 6 | Ford Motor | 48.49 Bn | -93.97 Bn | 6.08 Bn | 1.32% |
| 7 | Rivian Automotive | 20.14 Bn | -3.15 Bn | 179.00 Mn | -50.42% |
| 8 | Magna International | 18.12 Bn | 15.68 Bn | 1.61 Bn | 12.19% |
| 9 | Stellantis | 13.39 Bn | -152.61 Bn | 5.55 Bn | 1.61% |
| 10 | Thor Industries | 3.68 Bn | 2.08 Bn | 285.63 Mn | 3.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.43% |
| Apr 30, 2026 | 4.45% |
| Jan 31, 2026 | 1.85% |
| Oct 31, 2025 | 2.80% |
| Jul 31, 2025 | 5.27% |
| Apr 30, 2025 | 7.08% |
| Jan 31, 2025 | 1.93% |
| Oct 31, 2024 | 1.92% |
| Jul 31, 2024 | 6.72% |
| Apr 30, 2024 | 6.97% |
| Jan 31, 2024 | 2.30% |
| Oct 31, 2023 | 5.60% |
| Jul 31, 2023 | 6.74% |
| Apr 30, 2023 | 7.60% |
| Jan 31, 2023 | 3.16% |
| Oct 31, 2022 | 7.88% |
| Jul 31, 2022 | 10.37% |
| Apr 30, 2022 | 11.29% |
| Jan 31, 2022 | 10.52% |
| Oct 31, 2021 | 9.08% |
API Access
Thor Industries Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=THO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "THO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=THO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();