THO

Thor Industries, Inc.

$88.59

1.67

(1.92%)

Exchange:	NYSE
Market Cap:	4.713B
Shares Outstanding:	45.62M

Overview

Earnings

Financials

Valuation

Chart

About The Company

Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles. It also provides aluminum extrusion and specialized component products to RV and other manufacturers; and digital products and services for RVs. The company provides its products through independent and non-franchise dealers. The company was founded in 1980 and is based in Elkhart, Indiana.

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Revenue Segmentation

EPS

View full analyst estimates

Earnings Call

No transcript or summary available for this symbol.

Income Statement

Balance Sheet

Cash Flow Statement

Analyst Estimates

Income Statement

(* All numbers are in thousands)

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
? Revenue	4,006,819	4,582,112	7,246,952	8,328,909	7,864,758	8,167,933	12,317,380	16,312,525	11,121,605	10,043,408
? Cost Of Revenue	3,449,274	3,855,787	6,203,369	7,164,243	6,891,664	7,049,726	10,422,407	13,506,495	9,525,252	8,591,446
? Gross Profit	557,545	726,325	1,043,583	1,164,666	973,094	1,118,207	1,894,973	2,806,030	1,596,353	1,451,962
? Research And Development Expenses	0	0	2,577	2,009	9,381	19,123	26,775	38,998	36,592	49,380
? General And Administrative Expenses	238,376	291,797	394,850	450,570	497,401	567,100	825,278	1,061,001	803,885	818,502
? Selling And Marketing Expenses	12,515	14,472	24,997	26,874	38,643	67,019	44,638	55,461	66,169	77,029
? Operating Expenses	266,906	334,231	483,772	532,562	611,682	731,353	987,099	1,273,408	1,010,862	1,028,075
? Net Interest Income	0	0	0	0	0	0	0	0	0	0
? Interest Income	1,112	743	923	2,148	8,080	3,116	797	1,130	97,447	0
? Interest Expense	180	1,592	8,807	5,187	60,032	104,206	94,342	91,222	97,447	88,666
? Depreciation And Amortization	16,015	52,575	98,258	93,223	148,777	196,167	230,581	284,453	276,928	277,145
? EBITDA	322,020	444,669	658,069	725,327	401,193	583,021	1,138,455	1,817,075	862,419	714,495
? EBIT
? Operating Income	290,639	392,094	559,811	632,104	359,564	180,935	938,923	1,532,622	596,800	423,887
? Income Before Tax	292,895	383,313	556,386	633,029	184,666	272,896	844,581	1,459,864	499,353	348,844
? Income Tax Expense	90,886	125,291	182,132	202,878	52,201	51,512	183,711	321,621	125,113	83,444
? Net Income From Continuing Operations
? Net Income	199,385	256,519	374,254	430,151	133,275	222,974	659,872	1,137,804	374,271	265,308
? EPS (Earnings Per Share)	3.750	4.890	7.120	8.170	2.470	4.040	11.930	20.670	7	4.980
? EPS Diluted	3.740	4.880	7.090	8.140	2.470	4.030	11.850	20.590	6.950	4.940
? Weighted Average Shares Outstanding	53,166.206	52,458.789	52,562.723	52,674.161	53,905.667	55,172.694	55,333.959	55,034.653	53,478.310	53,248.488
? Weighted Average Shares Outstanding Diluted	53,275.510	52,590.516	52,758.442	52,853.360	54,026.686	55,397.376	55,687.253	55,264.046	53,857.143	53,687.377
	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD

Balance Sheet

(* All numbers are in thousands)

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
? Cash And Cash Equivalents	183,478	209,902	223,258	275,249	451,262	541,363	445,852	311,690	441,232	501,316
? Short Term Investments	0	0	0	0	0	0	0	0	0	0
? Cash And Short Term Investments	183,478	209,902	223,258	275,249	451,262	541,363	445,852	311,690	441,232	501,316
? Net Receivables	278,061	392,539	484,844	487,235	716,227	814,227	949,932	944,181	643,219	700,895
? Accounts Receivables
? Inventory	246,115	403,869	460,488	537,909	827,988	716,305	1,369,384	1,754,773	1,653,070	1,366,638
? Total Current Assets	775,841	1,016,858	1,180,167	1,311,674	2,037,357	2,102,277	2,803,523	3,062,479	2,793,580	2,650,027
? Property Plant Equipment Net	234,045	344,267	425,238	522,054	1,092,471	1,107,649	1,185,131	1,258,159	1,387,808	1,390,718
? Goodwill	312,622	377,693	377,693	377,693	1,358,032	1,476,541	1,563,255	1,804,151	1,800,422	1,786,973
? Intangible Assets	169,018	507,391	443,466	388,348	970,811	914,724	937,171	1,117,492	996,979	861,133
? Long Term Investments	0	0	-821,159	48,463	46,181	-91,531	-123,792	-157,901	126,909	137,272
? Total Non Current Assets	727,407	1,308,606	1,377,764	1,466,991	3,623,089	3,669,183	3,850,565	4,345,653	4,467,250	4,370,796
? Total Assets	1,503,248	2,325,464	2,557,931	2,778,665	5,660,446	5,771,460	6,654,088	7,408,132	7,260,830	7,020,823
? Account Payables	162,587	263,774	328,601	286,974	551,831	636,506	915,045	822,449	736,275	628,134
? Short Term Debt	0	0	0	0	17,814	19,665	22,436	23,811	23,360	32,650
? Deferred Revenue	0	-341	-378	-410	835,030	829,019	841,609	0	56,059	0
? Total Current Liabilities	378,335	651,652	781,046	769,330	1,448,325	1,515,281	1,794,785	1,755,916	1,716,482	1,567,022
? Long Term Debt	0	360,000	145,000	0	1,890,499	1,686,029.999	1,633,438	1,792,545	1,330,808	1,135,138
? Deferred Revenue Non Current	0	0	-10,263	0	-135,703	-123,802	-113,598	0	0	0
? Deferred Tax Liabilities Non Current	20,563	0	10,263	12,446	135,703	123,802	113,598	115,931	75,668	74,401
? Total Non Current Liabilities	59,726	408,590	200,345	71,594	2,116,893	1,910,610	1,911,197	2,051,562	1,560,950	1,379,748
? Total Liabilities	438,061	1,060,242	981,391	840,924	3,565,218	3,425,891	3,705,982	3,807,478	3,277,432	2,946,770
? Treasury Stock
? Preferred Stock	0	0	0	0	0	0	0	0	0	0
? Common Stock	6,231	6,244	6,260	6,277	6,519	6,540	6,565	6,606	6,634	6,686
? Retained Earnings	1,172,432	1,365,981	1,670,826	2,022,988	2,066,674	2,201,330	2,770,401	3,813,261	4,091,563	4,254,734
? Additional Paid In Capital
? Total Stockholders Equity	1,065,187	1,265,222	1,576,540	1,937,741	2,095,228	2,345,569	2,921,843	3,574,391	3,976,015	4,067,430
? Total Equity	1,065,187	1,265,222	1,576,540	1,937,741	2,106,031	2,371,356	2,948,106	3,582,183	3,983,398	4,074,053
? Minority Interest	0	0	0	0	10,803	25,787	26,263	7,792	7,383	6,623
? Total Liabilities And Total Equity	1,503,248	2,325,464	2,557,931	2,778,665	5,660,446	5,771,460	6,654,088	7,389,661	7,260,830	7,020,823
? Total Investments	0	0	-821,159	48,463	46,181	-91,531	-123,792	-157,901	126,909	137,272
? Total Debt	0	360,000	145,000	6,095	1,885,253	1,652,831	1,594,821	1,754,239	1,302,679	1,133,915
? Net Debt	-183,478	150,098	-78,258	-269,154	1,433,991	1,111,468	1,148,969	1,442,549	861,447	632,599
	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD

Cash Flow Statement

(* All numbers are in thousands)

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
? Net Income	199,385	256,519	374,254	430,151	132,465	221,384	660,870	1,138,243	374,240	265,400
? Depreciation And Amortization	31,381	52,575	98,258	93,223	148,777	196,167	230,581	284,453	276,928	277,145
? Deferred Income Tax	-7,292	-14,116	-39,552	14,525	-9,059	-11,212	-9,026	-51,885	-34,477	-24,970
? Stock Based Compensation	6,776	9,387	12,500	17,000	18,950	19,889	30,514	31,421	39,512	37,901
? Change In Working Capital	17,836	27,955	-25,466	-88,511	139,181	89,923	-403,000	-415,737	317,294	-18,605
? Accounts Receivables	41,324	-15,773	-92,305	-2,391	136,145	-115,232	-234,693	39,247	313,410	-60,153
? Inventory	14,750	-15,582	-56,619	-77,421	283,311	133,290	-538,756	-381,543	109,975	236,916
? Accounts Payables	-26,632	28,625	67,138	-40,736	-120,507	60,469	229,173	-116,608	-120,684	-101,910
? Net Cash Provided By Operating Activities	247,860	341,209	419,333	466,508	508,019	540,941	526,482	990,253	981,633	545,548
? Investments In Property Plant And Equipment	-42,283	-51,976	-115,027	-138,197	-130,224	-106,697	-128,835	-242,357	-208,194	-139,635
? Acquisitions Net	-194,486	-557,651	-5,039	-50,402	-1,735,854	27,677	-310,938	-781,967	-6,184	-7,314
? Purchases Of Investments	0	0	0	-50,402	-6,500	0	0	0	0	0
? Sales Maturities Of Investments	0	0	0	0	6,500	0	0	0	0	0
? Net Cash Provided By Investing Activities	0	0	0	0	0	0	0	0	0	0
? Net Debt Issuance	0	0	0	0	0	0	0	0	0	0
? Long Term Net Debt Issuance	0	0	0	0	0	0	0	0	0	0
? Short Term Net Debt Issuance	0	0	0	0	0	0	0	0	0	0
? Net Stock Issuance	0	0	0	0	0	0	0	0	0	0
? Net Dividends Paid	-57,381	-62,970	-69,409	-77,989	-84,139	-88,318	-90,801	-94,944	-95,969	-102,137
? Common Dividends Paid
? Preferred Dividends Paid	0	0	0	0	0	0	0	0	0	0
? Net Cash Provided By Financing Activities	-118,750	286,688	-289,322	-231,024	1,539,073	-392,916	-188,438	-47,841	-635,685	-337,677
? Effect Of Forex Changes On Cash	0	0	0	0	-5,576	26,325	-2,208	-30,171	6,214	-975
? Net Change In Cash	-105,858	26,424	13,356	51,991	176,013	87,257	-95,511	-137,153	129,679	60,084
? Cash At End Of Period	183,478	209,902	223,258	275,249	451,262	538,519	445,852	311,553	441,232	501,316
? Cash At Beginning Of Period	289,336	183,478	209,902	223,258	275,249	451,262	541,363	448,706	311,553	441,232
? Operating Cash Flow	247,860	341,209	419,333	466,508	508,019	540,941	526,482	990,253	981,633	545,548
? Capital Expenditure	-42,283	-51,976	-115,027	-138,197	-130,224	-106,697	-128,835	-242,357	-208,194	-139,635
? Free Cash Flow	205,577	289,233	304,306	328,311	377,795	434,244	397,647	747,896	773,439	405,913
	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD

Analyst Estimates

(* All numbers are in thousands)

Fiscal Year	2023	2024	2025	2026	2027
Estimated Revenue (Low)	10,674,405.670	9,872,176.784	9,108,074.663	9,733,749.570	10,930,544.446
Estimated Revenue (High)	10,994,657.009	10,102,928.883	9,423,847.565	10,158,674.678	10,992,525.235
Estimated Revenue (Avg)	10,834,531.340	9,992,569.184	9,246,225.308	9,941,271.135	10,961,534.841
Estimated Ebitda (Low)	948,016.106	836,928.677	772,150.767	825,193.301	926,653.391
Estimated Ebitda (High)	1,422,024.160	856,491.034	798,920.891	861,216.968	931,907.906
Estimated Ebitda (Avg)	1,185,020.133	847,135.124	783,862.696	842,786.254	929,280.649
Estimated Net Income (Low)	233,320.799	239,798.968	175,108.362	257,586.670	369,958.648
Estimated Net Income (High)	349,981.200	249,390.755	212,319.084	299,986.277	456,319.090
Estimated Net Income (Avg)	291,651	244,594.862	191,305.844	281,101.780	380,489
Estimated SGA Expense (Low)	644,671.341	758,379.245	699,681.026	747,745.285	839,682.901
Estimated SGA Expense (High)	967,007.015	776,105.589	723,938.656	780,387.973	844,444.256
Estimated SGA Expense (Avg)	805,839.179	767,627.772	710,293.739	763,687.063	842,063.579
Estimated EPS (Avg)	6.230	4.580	3.560	5.240	7.670
Estimated EPS (High)	6.410	4.650	3.950	5.590	8.500
Estimated EPS (Low)	5.990	4.470	3.260	4.800	6.890
Number of Analysts (Estimated Revenue)	5	10	11	12	4
Number of Analysts (Estimated EPS)	4	11	11	13	3

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Current Key Metrics

?	Revenue (TTM) :	10.044B	?	P/S (TTM) :	0.48
?	Net Income (TTM) :	265.308M	?	P/E (TTM) :	22.47
?	Enterprise Value (TTM) :	5.199B	?	EV/FCF (TTM) :	9.64
?	Dividend Yield (TTM) :	0.02	?	Payout Ratio (TTM) :	0.38
?	ROE (TTM) :	0.05	?	ROIC (TTM) :	0.05
?	Net Debt (TTM) :	762.483M	?	Debt/Equity (TTM) :	0.26
?	P/B (TTM) :	1.15	?	Current Ratio (TTM) :	1.71