Thor Industries, Inc. (THO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 2.78B | 2.13B | 2.39B | 2.52B | 2.89B | 2.02B | 2.14B | 2.53B | 2.8B | 2.21B | 2.5B | 2.74B | 2.93B | 2.35B | 3.11B | 3.82B | 4.66B | 3.88B | 3.96B | 3.59B |
| Revenue Growth % | -3.92% | 5.34% | 11.48% | -0.43% | 3.34% | -8.59% | -14.29% | -7.42% | -4.33% | -5.94% | -19.55% | -28.36% | -37.13% | -39.43% | -21.48% | 6.37% | 34.64% | 42.06% | 56% | 54.6% |
| Cost of Goods Sold | 2.43B | 1.9B | 2.1B | 2.18B | 2.41B | 1.75B | 1.83B | 2.1B | 2.33B | 1.9B | 2.1B | 2.38B | 2.53B | 2.03B | 2.57B | 3.11B | 3.8B | 3.24B | 3.34B | 3.03B |
| COGS % of Revenue | 87.25% | 89.49% | 87.73% | 86.5% | 83.34% | 86.73% | 85.36% | 82.97% | 83.07% | 86.18% | 84.01% | 86.89% | 86.45% | 86.34% | 82.6% | 81.26% | 81.59% | 83.69% | 84.28% | 84.25% |
| Gross Profit | 354.77M | 223.46M | 293.13M | 340.6M | 482.23M | 267.79M | 313.83M | 431.77M | 474.14M | 305.1M | 399.87M | 358.92M | 396.83M | 320.54M | 540.68M | 716.31M | 857.52M | 631.92M | 622.21M | 565.89M |
| Gross Margin % | 12.75% | 10.51% | 12.27% | 13.5% | 16.66% | 13.27% | 14.64% | 17.03% | 16.93% | 13.82% | 15.99% | 13.11% | 13.55% | 13.66% | 17.4% | 18.74% | 18.41% | 16.31% | 15.72% | 15.75% |
| Gross Profit Growth % | -26.43% | -16.55% | -6.59% | -21.12% | 1.7% | -12.23% | -21.52% | 20.3% | 19.48% | -4.82% | -26.04% | -49.89% | -53.72% | -49.28% | -13.1% | 26.58% | 53.24% | 63.85% | 77.05% | 75.42% |
| Operating Expenses | 258.75M | 212.02M | 254.03M | 237.86M | 306.91M | 258.1M | 301.95M | 296.25M | 310.84M | 286.6M | 292.33M | 209.64M | 210.04M | 281.1M | 331.05M | 359.54M | 372.48M | 267.45M | 295.88M | 250.13M |
| OpEx % of Revenue | 9.3% | 9.97% | 10.63% | 9.42% | 10.6% | 12.79% | 14.09% | 11.69% | 11.1% | 12.98% | 11.69% | 7.66% | 7.17% | 11.98% | 10.65% | 9.41% | 8% | 6.9% | 7.48% | 6.96% |
| Selling, General & Admin | 230.93M | 212.02M | 254.03M | 237.86M | 238.27M | 206.22M | 240.2M | 231M | 226.51M | 220.13M | 217.9M | 209.64M | 210.04M | 208.74M | 241.62M | 271.45M | 281.68M | 267.45M | 295.88M | 250.13M |
| SG&A % of Revenue | 8.3% | 9.97% | 10.63% | 9.42% | 8.23% | 10.22% | 11.21% | 9.11% | 8.09% | 9.97% | 8.71% | 7.66% | 7.17% | 8.89% | 7.77% | 7.1% | 6.05% | 6.9% | 7.48% | 6.96% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 |
| Operating Income | 96.02M | 11.44M | 39.1M | 102.73M | 175.32M | 9.69M | 11.88M | 135.53M | 163.3M | 18.49M | 107.53M | 149.28M | 186.79M | 39.44M | 209.63M | 356.78M | 485.04M | 364.48M | 326.33M | 315.76M |
| Operating Margin % | 3.45% | 0.54% | 1.64% | 4.07% | 6.06% | 0.48% | 0.55% | 5.35% | 5.83% | 0.84% | 4.3% | 5.45% | 6.38% | 1.68% | 6.74% | 9.34% | 10.41% | 9.41% | 8.24% | 8.79% |
| Operating Income Growth % | -45.23% | 18.04% | 229.16% | -24.19% | 7.36% | -47.62% | -88.95% | -9.21% | -12.58% | -53.11% | -48.7% | -58.16% | -61.49% | -89.18% | -35.76% | 12.99% | 99.63% | 103.07% | 92.34% | 88.57% |
| EBITDA | 161.97M | 76.31M | 105.14M | 174.11M | 241.49M | 75.68M | 79.54M | 209.12M | 231.45M | 86.61M | 174.81M | 223.38M | 254.94M | 107.12M | 276.63M | 428.74M | 556.69M | 440.37M | 391.28M | 376.7M |
| EBITDA Margin % | 5.82% | 3.59% | 4.4% | 6.9% | 8.34% | 3.75% | 3.71% | 8.25% | 8.26% | 3.92% | 6.99% | 8.16% | 8.71% | 4.56% | 8.9% | 11.22% | 11.95% | 11.36% | 9.89% | 10.48% |
| EBITDA Growth % | -32.93% | 0.84% | 32.18% | -16.74% | 4.34% | -12.62% | -54.5% | -6.38% | -9.21% | -19.15% | -36.81% | -47.9% | -54.2% | -75.67% | -29.3% | 13.81% | 84.55% | 86.44% | 74.76% | 72.01% |
| D&A (Non-Cash Add-back) | 65.95M | 64.88M | 66.03M | 71.38M | 66.17M | 65.99M | 67.66M | 73.6M | 68.15M | 68.12M | 67.28M | 74.1M | 68.15M | 67.68M | 66.99M | 71.96M | 71.65M | 75.89M | 64.95M | 60.94M |
| EBIT | 143.13M | 30.41M | 41.48M | 153.43M | 166.78M | 10.35M | 14.07M | 145.43M | 164.18M | 34.92M | 92.78M | 154.56M | 181.81M | 58.35M | 202.08M | 361.21M | 485.27M | 370.85M | 333.75M | 320.72M |
| Net Interest Income | -9.65M | -9.42M | -8.99M | -10.06M | -11.21M | -11.95M | -15.23M | -18.41M | -21.83M | -28.02M | -20.2M | -22.64M | -26.36M | -25.63M | -22.81M | -22.58M | -22.29M | -24.51M | -20.72M | -18.96M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 276K | 570K | 91K | 193K | 135K |
| Interest Expense | 9.65M | 9.42M | 8.99M | 10.06M | 11.21M | 11.95M | 15.23M | 18.41M | 21.83M | 28.02M | 20.2M | 22.64M | 26.36M | 25.63M | 22.81M | 22.85M | 22.86M | 24.6M | 20.91M | 19.09M |
| Other Income/Expense | 37.45M | 9.56M | -6.62M | 40.63M | -19.74M | -11.29M | -13.04M | -8.51M | -20.95M | -11.6M | -34.95M | -17.37M | -31.34M | -6.72M | -30.36M | -18.41M | -22.64M | -18.22M | -13.48M | -14.14M |
| Pretax Income | 133.47M | 20.99M | 32.49M | 143.37M | 155.58M | -1.6M | -1.16M | 127.02M | 142.35M | 6.89M | 72.58M | 131.91M | 155.45M | 32.72M | 179.27M | 338.36M | 462.41M | 346.25M | 312.84M | 301.62M |
| Pretax Margin % | 4.8% | 0.99% | 1.36% | 5.68% | 5.37% | -0.08% | -0.05% | 5.01% | 5.08% | 0.31% | 2.9% | 4.82% | 5.31% | 1.39% | 5.77% | 8.85% | 9.93% | 8.94% | 7.9% | 8.39% |
| Income Tax | 37.94M | 6.35M | 9.32M | 16.74M | 21.65M | 1.49M | -283K | 35.55M | 28.77M | 1.57M | 17.55M | 40.63M | 35.72M | 6.91M | 41.85M | 56.58M | 116.39M | 80.62M | 68.04M | 70.3M |
| Effective Tax Rate % | 28.42% | 30.25% | 28.68% | 11.68% | 13.92% | -93.06% | 24.48% | 27.99% | 20.21% | 22.74% | 24.18% | 30.8% | 22.98% | 21.13% | 23.34% | 16.72% | 25.17% | 23.28% | 21.75% | 23.31% |
| Net Income | 95.54M | 17.8M | 21.67M | 125.76M | 135.19M | -551K | -1.83M | 90.02M | 114.51M | 7.22M | 53.56M | 90.29M | 120.72M | 27.08M | 136.19M | 280.94M | 348.05M | 266.57M | 242.24M | 230.28M |
| Net Margin % | 3.43% | 0.84% | 0.91% | 4.98% | 4.67% | -0.03% | -0.09% | 3.55% | 4.09% | 0.33% | 2.14% | 3.3% | 4.12% | 1.15% | 4.38% | 7.35% | 7.47% | 6.88% | 6.12% | 6.41% |
| Net Income Growth % | -29.33% | 3331.03% | 1282.81% | 39.71% | 18.05% | -107.63% | -103.42% | -0.3% | -5.14% | -73.35% | -60.67% | -67.86% | -65.32% | -89.84% | -43.78% | 22% | 89.87% | 101.15% | 112.95% | 93.24% |
| Net Income (Continuing) | 95.54M | 14.64M | 23.17M | 126.63M | 133.93M | -3.09M | -873K | 91.46M | 113.58M | 5.33M | 55.03M | 91.28M | 119.73M | 25.81M | 137.42M | 281.79M | 346.02M | 265.63M | 244.8M | 231.32M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -1.89M | -562K | 2.56M | 1.05M | 404K | 1.72M | 7.62M | 6.62M | 5.12M | 6.18M | 8.13M | 7.38M | 6.38M | 7.35M | 8.6M | 7.79M | 7.29M | 27.93M | 29.4M | 26.26M |
| EPS (Diluted) | 1.86 | 0.34 | 0.41 | 2.36 | 2.53 | -0.01 | -0.03 | 1.68 | 2.13 | 0.13 | 0.99 | 1.68 | 2.24 | 0.50 | 2.53 | 5.15 | 6.32 | 4.79 | 4.34 | 4.12 |
| EPS Growth % | -26.48% | 3500% | 1284.97% | 40.48% | 18.78% | -107.69% | -103.49% | 0% | -4.91% | -74% | -60.87% | -67.38% | -64.56% | -89.56% | -41.71% | 25% | 92.1% | 101.26% | 111.71% | 92.52% |
| EPS (Basic) | 1.86 | 0.34 | 0.41 | 2.37 | 2.54 | -0.01 | -0.03 | 1.70 | 2.15 | 0.14 | 1.00 | 1.69 | 2.26 | 0.51 | 2.54 | 5.17 | 6.34 | 4.80 | 4.37 | 4.16 |
| Diluted Shares Outstanding | 52.4M | 52.84M | 52.98M | 53.29M | 53.43M | 53.21M | 52.98M | 53.72M | 53.72M | 53.65M | 53.85M | 53.87M | 53.82M | 53.81M | 53.93M | 54.54M | 55.07M | 55.65M | 55.79M | 55.9M |
| Basic Shares Outstanding | 52.24M | 52.7M | 52.69M | 52.96M | 53.2M | 53.21M | 52.98M | 53.07M | 53.31M | 53.32M | 53.3M | 53.31M | 53.43M | 53.52M | 53.66M | 54.31M | 54.91M | 55.49M | 55.42M | 55.37M |
| Dividend Payout Ratio | 28.33% | 307.96% | - | 20.97% | 19.68% | - | - | 28.23% | 22.35% | 708.54% | - | 26.57% | 19.73% | 177.86% | 17.68% | 8.35% | 6.8% | 17.94% | 9.87% | 9.86% |