Thor Industries, Inc. (THO) Valuation — DCF, Graham & Comparables

Thor Industries, Inc. (THO) — Price $73.90 (closing price, October 30, 2026) — Consumer Cyclical — Auto - Recreational Vehicles — NYSE

Latest reported results:

Valuation dashboard for Thor Industries, Inc. (THO) with P/E 21.86, P/B 0.91, EV/EBITDA 7.8 and dividend yield 2.84%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Consumer Cyclical companies.

Thor Industries, Inc. specializes in the design, production, and sale of recreational vehicles (RVs), complemented by a range of related parts and accessories. Its operations span the United States, Canada, and Europe. The company offers an extensive selection of RVs, including various travel trailers (from conventional models to luxury fifth wheels) and gasoline or diesel-powered Class A, Class B, and Class C motorhomes.

What would it be worth at its usual multiples?

Versus its usual multiples: fairly priced · It trades at 21.9 times its last-12-month earnings and at 12.3 times those of a typical year of the decade; between 10 and 25 times. It is fairly priced.

It trades at 21.9 times its last-12-month earnings and at 12.3 times those of a typical year of the decade; between 10 and 25 times. It is fairly priced.

On the ten-year average it would be 9.9 times; we use a typical year because a peak year inflates the average.

Analysis Summary

Thor Industries, Inc. reported revenue of $9.61B in the most recent fiscal year, growing at a 5-year CAGR of -4.8%. Net income reached $177.5M, with a -23.1% 5-year CAGR.

Trailing-twelve-month margins: gross margin 12.6%, operating margin 2.1%, net margin 1.8%.

At $73.90 (closing price, October 30, 2026), THO trades at a P/E of 21.86 and an ROE of 4.13%. Market capitalisation stands at $3.8B.

Balance sheet quality for THO: debt-to-equity ratio of 0.20, current ratio of 1.77 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio21.86
Price / Book0.91
EV / EBITDA7.8
Dividend Yield2.84%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
THOThor Industries, Inc.$3.8B21.860.914.1%
URBNUrban Outfitters, Inc.$7.8B14.172.7220.7%
ATATAtour Lifestyle Holdings Limited$4.5B15.158.6954.7%
GNTXGentex Corporation$4.2B10.741.6815.8%
WHWyndham Hotels & Resorts, Inc.$5.6B27.9611.7343.2%
LEALear Corporation$5.8B10.341.1811.5%
LTHLife Time Group Holdings, Inc.$10.1B24.642.9312.8%
MMacy's, Inc.$6.3B8.861.2915.8%

Price

Price$73.90 (closing price, October 30, 2026)
Market Cap$3.8B
ExchangeNYSE
CountryUS

Profitability

Return on Equity4.13%
Return on Invested Capital2.63%
Return on Assets2.55%
Gross Margin12.62%
Operating Margin2.05%
Net Margin1.85%

Related companies: URBN · ATAT · GNTX · WH · LEA · LTH · M · MTN

Explore sector: Consumer Cyclical · Auto - Recreational Vehicles

More sections of THO: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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