THO (Thor Industries) Beginning Cash Position: $242 Mil (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

THO Thor Industries Inc THO
73 GF Score
Price $72.31
GF Value $95.62
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Thor Industries Beginning Cash Position?

Thor Industries THO +0.49% 73 Beginning Cash Position is $242 Mil as of Apr. 2026. GuruFocus rates THO with a GF Score™ of 73/100 and a GF Value™ of $95.62 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Thor Industries's Beginning Cash Position for the quarter that ended in Apr. 2026 was $242 Mil.

Thor Industries's quarterly Beginning Cash Position declined from Oct. 2025 ($587 Mil) to Jan. 2026 ($510 Mil) and declined from Jan. 2026 ($510 Mil) to Apr. 2026 ($242 Mil).

Thor Industries's annual Beginning Cash Position increased from Jul. 2023 ($312 Mil) to Jul. 2024 ($441 Mil) and increased from Jul. 2024 ($441 Mil) to Jul. 2025 ($501 Mil).

Thor Industries Beginning Cash Position Related Terms

Thor Industries Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Thor Industries's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thor Industries Beginning Cash Position Chart

Thor Industries Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 538.51 448.71 311.55 441.23 501.32

Thor Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 373.82 508.32 586.60 509.88 242.18
THO
73GF Score
Thor Industries Inc THO
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thor Industries Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $242 Mil mean?
Thor Industries (THO) has a Beginning Cash Position of $242 Mil as of Apr. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Thor Industries and its competitors.
Is Thor Industries' Beginning Cash Position too high?
Thor Industries' current Beginning Cash Position is $242 Mil. Overall, Thor Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thor Industries' Beginning Cash Position compare to PII and PATK?
Thor Industries' Beginning Cash Position of $242 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Vehicles & Parts company?
A good Beginning Cash Position depends on the Vehicles & Parts industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Thor Industries and its competitors. Thor Industries's current Beginning Cash Position is $242 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Industries stock overvalued right now?
Based on GuruFocus' analysis, Thor Industries (THO) is currently considered Modestly Undervalued. The stock's GF Value™ is $95.62, compared to a current price of $72.31 — trading 24.4% below its estimated fair value. The current Beginning Cash Position is $242 Mil. Thor Industries' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Thor Industries (THO), the current Beginning Cash Position is $242 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thor Industries (THO) Overvalued in 2026?

Based on GuruFocus' analysis, Thor Industries stock appears to be undervalued. The current stock price of $72.31 is trading 24.4% below its estimated GF Value™ of $95.62. GuruFocus considers Thor Industries to be Modestly Undervalued.

Key valuation signals for THO:

  • Beginning Cash Position: $242 Mil
  • GF Value™: $95.62 vs. price of $72.31 (24.4% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the THO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thor Industries Business Description

Other Exchanges 0LF8:UKTIV:Germany
Address 52700 Independence Court, Elkhart, IN, USA, 46514-8155
Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business, as it accounted for less than 10% of fiscal 2025 total sales. In fiscal 2025, the company wholesaled 181,388 units and generated $9.6 billion in revenue.
73GF Score

Get the complete analysis for THO

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$72.31
Price
$95.62
GF Value