Thor Industries (FRA:TIV) Debt-to-EBITDA : (As of Apr. 2026)

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FRA:TIV Thor Industries Inc FRA:TIV
73 GF Score
Price €59.75
GF Value €81.64
! 3 Warning Signs
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What is Thor Industries Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Thor Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was €71 Mil. Thor Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was €770 Mil. Thor Industries's annualized EBITDA for the quarter that ended in Apr. 2026 was €716 Mil. Thor Industries's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 1.18.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Thor Industries's Debt-to-EBITDA or its related term are showing as below:

FRA:TIV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.22   Med: 1.49   Max: 4.74
Current: 1.37

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thor Industries was 4.74. The lowest was 0.22. And the median was 1.49.

FRA:TIV's Debt-to-EBITDA is ranked better than
65.7% of 1102 companies
in the Vehicles & Parts industry
Industry Median: 2.275 vs FRA:TIV: 1.37

Thor Industries  (FRA:TIV) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Thor Industries Debt-to-EBITDA Related Terms

Thor Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thor Industries's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

Thor Industries Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-EBITDA
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Thor Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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FRA:TIV vs PII, BC, HOG: Debt-to-EBITDA Comparison

For the Recreational Vehicles subindustry, Thor Industries's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thor Industries Debt-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thor Industries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thor Industries's Debt-to-EBITDA falls into.


FRA:TIV
73GF Score
Thor Industries Inc FRA:TIV
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thor Industries Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Thor Industries's Debt-to-EBITDA for the fiscal year that ended in Jul. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(66.886549298851 + 830.53689222839) / 562.85370750568
=1.59

Thor Industries's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(70.744640040919 + 770.33971271472) / 715.55428695568
=1.18

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Apr. 2026) EBITDA data.

Is Thor Industries (FRA:TIV) Overvalued in 2026?

Based on GuruFocus' analysis, Thor Industries stock appears to be undervalued. The current stock price of €59.75 is trading 26.8% below its estimated GF Value™ of €81.64.

Key valuation signals for FRA:TIV:

  • Debt-to-EBITDA:
  • GF Value™: €81.64 vs. price of €59.75 (26.8% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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

Thor Industries Business Description

Other Exchanges THO:USA0LF8:UK
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 FRA:TIV

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€59.75
Price
€81.64
GF Value