THO · Thor Industries Inc
Market Cap
$4.01B
Shares
52.06M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$77.02
Open$77.05
Day$75.88–77.63
52W close$71.92–120.34
Avg vol 30d553K
Short int5.0M · 9.6% float · 8.8d
Short vol70%
DataJan 2020–Aug 2026
Filing10-Q · Jun 3
Up next
FQ1-27 quarter ends
~Oct 31, 2026
Est
filed Jun 3, 2026
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Weak
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
High
Market backdrop
VIX 14.4 · calm
Equity put/call 0.62
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−14%
below
Price vs 50-day avg
+0%
above
RSI (14)
47
neutral
MACD trend
Negative
52-week position
11%
near low
Momentum
relative strength
1-month return
+3%
trailing
6-month return
−10%
trailing
YTD return
−25%
this year
Relative strength
−24%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $77 › 200d $89 — 200d above 50d
Institutional flow
Distributing
-2% holders QoQ · +67 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
9.55% of float · ▼ -4.5% MoM · 8.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
413 holders — near 3-yr low, contrarian setup
Squeeze score
64
elevated · 0–100
Fundamentals
Revenue growth
−5%
Y/Y
Gross margin
14%
contracting
EPS growth
−2%
Y/Y
Free cash flow
$439.7M
Valuation
P/E 15.5
below peers
Buyback
$298.5M
remaining
Balance sheet
$336.4M
net debt
Quant / Vol
risk profile
Volatility
37%
annualized · 1-yr
Max drawdown
−40%
past year
ATR
3.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Mar 5, 2025
Consolidated SG&A costs as a percentage of net sales
· beyond fiscal 2025
9%
Prior guidance
period ended
· from the 8-K filed Jun 3, 2026
Diluted earnings per share
· full-year fiscal 2026
$3.30 – $3.80
Consolidated net sales
· fiscal 2026 full-year
$9B – $9.5B
Total tax rate
· fiscal 2026 full-year
26% – 28%
Guided vs delivered
· last 2 settled
Consolidated net sales
full-year fiscal 2025
guided $9B – $9.5B
$9.58B
Beat +3.6%
Diluted earnings per share
fiscal 2025
guided $3.30 – $4.00
$4.84
Beat +32.6%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−14%
Bearish
Price vs 50-day avg
+0%
Bullish
RSI (14)
47
Neutral
MACD trend
Negative
Bearish
52-week position
11%
Bearish
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $77 › 200d $89 — 200d above 50d
Institutional flow
Distributing
-2% holders QoQ · +67 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
9.55% of float · ▼ -4.5% MoM · 8.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
413 holders — near 3-yr low, contrarian setup
Price context
position in its 52-week range
Range low $72
Now $77 · 11%
Range high $120
vs 200-day avg -14%
vs 50-day avg +0%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $412.62M | Nine Months Ended April 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP EBITDA (Non-GAAP) $209.08M
+$6.7M Stock-based compensation expense
+$2.84M Change in LIFO reserve, net
-$1.53M Non-cash foreign currency loss (gain)
-$14.23M Investment-related loss (gain)
+$0K Weather-related loss (gain)
+$6.28M Strategic initiatives
-$25.58M Other loss (gain), including sales of PP&E
= Adjusted EBITDA (Non-GAAP) $183.56M
|
|||
| Adjusted EBITDA Margin non-GAAP | 6.6% | Q3 FY26 | — |
| Backlog | $1.36B | As of 4/30/2026 | — |
| Dealer Inventory | 20,400 | As of 4/30/2026 | — |
| EBITDA non-GAAP | $411.91M | Nine Months Ended April 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income (GAAP) $95.54M
+$9.66M Interest expense, net
+$37.94M Income tax provision
+$65.95M Depreciation and amortization of intangible assets
= EBITDA (Non-GAAP) $209.08M
|
|||
| European independent dealer inventory | 20,400 | as of April 30 | — |
| European Independent Dealer Inventory of THOR Products | 20,400 | 4/30/26 | — |
| European RV Market Share (Caravan) | 16.7% | Calendar Years to Date March 31, 2026 | — |
| European RV Market Share (Motorcaravan and Campervan) | 26.3% | Calendar Years to Date March 31, 2026 | — |
| Motorized RV Market Share (Canadian Market) | 42.4% | Calendar Years to Date March 31, 2026 | — |
| Motorized RV Market Share (Combined North American Market) | 47.8% | Calendar Years to Date March 31, 2026 | — |
| Motorized RV Market Share (U.S. Market) | 47.9% | Calendar Years to Date March 31, 2026 | — |
| North American independent dealer inventories of THOR products | 79,200 | as of April 30 | — |
| North American Motorized market share | 47.4% | trailing-twelve-months ended March 31 | — |
| North American Towable market share | 36.7% | trailing-twelve-months ended March 31 | — |
| Restructuring costs | $15.8M | Nine Months Ended April 30, 2026 | — |
| Towable RV Market Share (Canadian Market) | 36.9% | Calendar Years to Date March 31, 2026 | — |
| Towable RV Market Share (Combined North American Market) | 35.5% | Calendar Years to Date March 31, 2026 | — |
| Towable RV Market Share (U.S. Market) | 35.4% | Calendar Years to Date March 31, 2026 | — |
| Unit Shipments | 32,253 | Nine Months Ended April 30, 2026 | — |
| Unit Shipments - Total European | 14,065 | Three Months Ended April 30, 2026 | — |
| Unit Shipments - Total North American Motorized | 6,008 | Three Months Ended April 30, 2026 | — |
| Unit Shipments - Total North American Towable | 27,045 | Three Months Ended April 30, 2026 | — |
| Canadian Motorized Market Share | 44.2% | Calendar Year 2025 | — |
| Canadian Towable Market Share | 37% | Calendar Year 2025 | — |
| Class B unit shipments change | 20.8% | three months ended January 31, 2026 | — |
| Class C unit shipments change | 44.3% | three months ended January 31, 2026 | — |
| Combined North American Motorized Market Share | 47.5% | Calendar Year 2025 | — |
| Combined North American Towable Market Share | 37.7% | Calendar Year 2025 | — |
| dealer inventories of THOR Towable products change | 11.1% | second quarter of fiscal 2026 | — |
| European backlog | $1.83B | As of January 31, 2026 | — |
| European Caravan Market Share | 16.8% | Calendar Year 2025 | — |
| European caravan registrations change | 10.9% | calendar year 2025 | — |
| European motorcaravans and campervans registrations change | 0.6% | calendar year 2025 | — |
| European retail registrations change | 2.5% | calendar year 2025 | — |
| European segment employee separation costs | $5.1M | Three Months Ended January 31, 2026 | — |
| European Total units | 9,465 | Three Months Ended January 31, 2026 | — |
| Net Debt / TTM Adjusted EBITDA non-GAAP | 0.9 | As of January 31, 2026 | — |
| North American independent dealer inventory of THOR products | 79,100 | Q2 FY2026 | -8.2% |
|
|
|||
| North American Motorized backlog | $1.04B | As of January 31, 2026 | — |
| North American Motorized gross profit margin | 9.5% | second quarter of fiscal 2026 | — |
| North American Motorized gross profit margin percentage | 9.5% | Three Months Ended January 31, 2026 | — |
| North American Motorized net sales change | 29.3% | three months ended January 31, 2026 | — |
| North American Motorized Total units | 4,524 | Three Months Ended January 31, 2026 | — |
| North American Motorized unit shipments change | 28.3% | three months ended January 31, 2026 | — |
| North American Towable backlog | $621.46M | As of January 31, 2026 | — |
| North American Towable backlog change | 42.1% | as of January 31, 2026 | — |
| North American Towable gross profit margin change | 50 | fiscal 2026 second quarter | — |
| North American Towable sales volumes change | 14.2% | fiscal 2026 second quarter | — |
| North American Towable Total units | 21,577 | Three Months Ended January 31, 2026 | — |
| overall net price per unit change | 1% | three months ended January 31, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Recreational Vehicles — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
THO
this stock
Thor Industries Inc
|
$4.01B | -25.0% | -4.6% | 15.5 | 9.6% |
|
BC
Brunswick Corp
|
$4.97B | +3.2% | +2.4% | — | 7.3% |
|
DOO
BRP Inc.
|
$4.54B | -12.5% | — | — | 1.6% |
|
PII
Polaris Inc.
|
$3.61B | +0.8% | -0.3% | — | 7.0% |
|
HOG
Harley-Davidson, Inc.
|
$2.92B | +37.1% | -13.8% | — | 18.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| THO | -3.1% | +2.7% | -10.3% | +2.7% | -25.0% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -3.6% | -0.3% | -23.8% | -0.3% | -37.8% |
Capital returns
Latest dividend
$0.52
/ share · ex Jul 1, 2026
Paid (TTM)
$2.08
/ share · 4 payouts
Dividend yield (TTM, derived)
2.70%
Buyback program
· as of Apr 30, 2026
Authorized
$400.00M
Spent (derived)
$101.48M
Remaining
$298.52M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.