Thor Industries (THO) Return on Capital Employed [ROCE] (2010 - 2026)
Thor Industries (THO) recorded Return on Capital Employed [ROCE] of 5.62% in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 1.94 percentage points from 7.56% a year earlier and down 1.11 percentage points from the prior quarter.
Thor Industries (THO) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Thor Industries reported Return on Capital Employed [ROCE] of 5.66%, down 2.00 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] has declined for four straight fiscal years, with a five-year change of -17.54 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at 7.66% in FY2025 (-2.32 pp), 9.98% in FY2024 (-2.95 pp), 12.93% in FY2023 (-19.10 pp) and 32.03% in FY2022 (+8.83 pp).
- The fiscal Q4 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] in data going back to fiscal Q1 2011.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for 15 consecutive quarters, with an average year-over-year change of -1.74 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 9.66 percentage points in fiscal Q1 2022, against a drop of 16.29 percentage points in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 6.73% (Q3 2026), 8.13% (Q2 2026) and 8.04% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,199.60 Bn | 1,034.16 Bn | 4.75 Bn | 3.95% |
| 2 | Toyota Motor | 237.87 Bn | -168.87 Bn | 20.95 Bn | 2.97% |
| 3 | Ferrari | 144.10 Bn | 136.55 Bn | 1.18 Bn | - |
| 4 | Honda Motor | 142.11 Bn | 9.49 Bn | 8.46 Bn | 2.00% |
| 5 | General Motors | 68.70 Bn | -36.17 Bn | 7.33 Bn | 0.98% |
| 6 | Ford Motor | 47.39 Bn | -95.07 Bn | 6.08 Bn | -3.99% |
| 7 | Rivian Automotive | 19.48 Bn | -3.81 Bn | 179.00 Mn | -31.93% |
| 8 | Magna International | 18.09 Bn | 15.65 Bn | 1.61 Bn | - |
| 9 | Stellantis | 12.78 Bn | -153.22 Bn | 5.55 Bn | -0.99% |
| 10 | Thor Industries | 3.59 Bn | 1.98 Bn | 285.63 Mn | 5.62% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.62% |
| Apr 30, 2026 | 6.73% |
| Jan 31, 2026 | 8.13% |
| Oct 31, 2025 | 8.04% |
| Jul 31, 2025 | 7.56% |
| Apr 30, 2025 | 8.61% |
| Jan 31, 2025 | 8.38% |
| Oct 31, 2024 | 8.37% |
| Jul 31, 2024 | 10.02% |
| Apr 30, 2024 | 10.41% |
| Jan 31, 2024 | 10.73% |
| Oct 31, 2023 | 11.30% |
| Jul 31, 2023 | 12.76% |
| Apr 30, 2023 | 16.42% |
| Jan 31, 2023 | 21.29% |
| Oct 31, 2022 | 27.52% |
| Jul 31, 2022 | 29.05% |
| Apr 30, 2022 | 28.61% |
| Jan 31, 2022 | 23.86% |
| Oct 31, 2021 | 22.95% |
Thor Industries Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=THO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=THO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();