Thor Industries (THO) Return on Invested Capital [ROIC] (2016 - 2026)
Thor Industries' Return on Invested Capital [ROIC] was 4.33% in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 2.52 percentage points from 6.85% a year earlier and down 1.10 percentage points from the prior quarter.
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Analysis
Thor Industries (THO) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Return on Invested Capital [ROIC] at Thor Industries came in at 4.32%, down 2.54 percentage points from FY2025.
- Return on Invested Capital [ROIC] has now declined for four consecutive fiscal years, with a five-year change of -14.27 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 6.86% in FY2025 (-1.11 pp), 7.98% in FY2024 (-2.17 pp), 10.15% in FY2023 (-16.27 pp) and 26.42% in FY2022 (+7.83 pp).
- The fiscal Q4 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q1 2017.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in two of the last eight quarters, with an average year-over-year change of -1.11 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q3 2022 (a gain of 7.55 percentage points); the worst was fiscal Q4 2023 (a drop of 14.33 percentage points).
- Per Business Quant data, THO's Return on Invested Capital [ROIC] in the three fiscal quarters before Q4 2026 was 5.43% (Q3 2026), 7.13% (Q2 2026) and 7.16% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,199.60 Bn | 1,034.16 Bn | 4.75 Bn | 3.70% |
| 2 | Toyota Motor | 237.87 Bn | -168.87 Bn | 20.95 Bn | 2.23% |
| 3 | Ferrari | 144.10 Bn | 136.55 Bn | 1.18 Bn | 24.03% |
| 4 | Honda Motor | 142.11 Bn | 9.49 Bn | 8.46 Bn | 3.66% |
| 5 | General Motors | 68.70 Bn | -36.17 Bn | 7.33 Bn | 0.95% |
| 6 | Ford Motor | 47.39 Bn | -95.07 Bn | 6.08 Bn | -2.19% |
| 7 | Rivian Automotive | 19.48 Bn | -3.81 Bn | 179.00 Mn | -38.30% |
| 8 | Magna International | 18.09 Bn | 15.65 Bn | 1.61 Bn | 32.21% |
| 9 | Stellantis | 12.78 Bn | -153.22 Bn | 5.55 Bn | -0.95% |
| 10 | Thor Industries | 3.59 Bn | 1.98 Bn | 285.63 Mn | 4.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 4.33% |
| Apr 30, 2026 | 5.43% |
| Jan 31, 2026 | 7.13% |
| Oct 31, 2025 | 7.16% |
| Jul 31, 2025 | 6.85% |
| Apr 30, 2025 | 6.96% |
| Jan 31, 2025 | 6.56% |
| Oct 31, 2024 | 6.65% |
| Jul 31, 2024 | 7.99% |
| Apr 30, 2024 | 7.97% |
| Jan 31, 2024 | 8.28% |
| Oct 31, 2023 | 8.71% |
| Jul 31, 2023 | 9.96% |
| Apr 30, 2023 | 13.42% |
| Jan 31, 2023 | 17.64% |
| Oct 31, 2022 | 22.69% |
| Jul 31, 2022 | 24.30% |
| Apr 30, 2022 | 22.96% |
| Jan 31, 2022 | 19.79% |
| Oct 31, 2021 | 18.60% |
API Access
Thor Industries Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=THO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=THO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();