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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Apr. 2026,
Thor Industries paid$51 Mil more to buy back shares than it received from issuing new shares.
It spent$1 Mil paying down its debt.
It paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It received$0 Mil from paying cash dividends to shareholders.
It spent$28 Mil on other financial activities.
In all, Thor Industriesspent$80 Mil on financial activities for the
three
months ended in Apr. 2026.
Thor Industries (NYSE:THO) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Thor Industries's issuance of stock for the
three
months ended in Apr. 2026 was $0 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Thor Industries's repurchase of stock for the
three
months ended in Apr. 2026 was $-51 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Thor Industries's net issuance of debt for the
three
months ended in Apr. 2026 was $-1 Mil.
Thor Industries spent$1 Mil paying down its debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Thor Industries's net issuance of preferred for the
three
months ended in Apr. 2026 was $0 Mil.
Thor Industries paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Thor Industries's cash flow for dividends for the
three
months ended in Apr. 2026 was $0 Mil.
Thor Industries received$0 Mil from paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Thor Industries's other financing for the
three
months ended in Apr. 2026 was $-28 Mil.
Thor Industries spent$28 Mil on other financial activities.
Thor Industries Cash Flow from Financing Related Terms
Thor Industries Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Thor Industries's Cash Flow from Financing 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 Cash Flow from Financing Calculation
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Thor Industries's Cash from Financing for the fiscal year that ended in Jul. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-411 Mil.
* 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.
What does a Cash Flow from Financing of $-411 Mil mean?
Thor Industries (THO) has a Cash Flow from Financing of $-411 Mil as of Apr. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Thor Industries and its competitors.
Is Thor Industries' Cash Flow from Financing too high?
Thor Industries' current Cash Flow from Financing is $-411 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' Cash Flow from Financing compare to PII and PATK?
Thor Industries' Cash Flow from Financing of $-411 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 Cash Flow from Financing for a Vehicles & Parts company?
A good Cash Flow from Financing depends on the Vehicles & Parts industry context. However, Cash Flow from Financing 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 Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Thor Industries and its competitors. Thor Industries's current Cash Flow from Financing is $-411 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 $95.56, compared to a current price of $77.43 — trading 19% below its estimated fair value. The current Cash Flow from Financing is $-411 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 Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Thor Industries (THO), the current Cash Flow from Financing is $-411 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 $77.43 is trading 19% below its estimated GF Value™ of $95.56.
GuruFocus considers Thor Industries to be Modestly Undervalued.
Key valuation signals for THO:
Cash Flow from Financing: $-411 Mil
GF Value™: $95.56 vs. price of $77.43 (19% below fair value)
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.
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
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Cash Flow from Financing is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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