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THO (Thor Industries) EBIT : $359 Mil (TTM As of Oct. 2024)


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What is Thor Industries EBIT?

Thor Industries's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2024 was $14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was $359 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thor Industries's annualized ROC % for the quarter that ended in Oct. 2024 was 0.66%. Thor Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 3.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thor Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 5.76%.


Thor Industries EBIT Historical Data

The historical data trend for Thor Industries's EBIT 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.

* Premium members only.

Thor Industries EBIT Chart

Thor Industries Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 380.22 938.13 1,549.96 596.80 437.51

Thor Industries Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
EBIT 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 92.78 35.12 164.18 145.43 14.07

Competitive Comparison of Thor Industries's EBIT

For the Recreational Vehicles subindustry, Thor Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

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



Thor Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $359 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.


Thor Industries  (NYSE:THO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Thor Industries's annualized ROC % for the quarter that ended in Oct. 2024 is calculated as:

ROC % (Q: Oct. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2024 ) + Invested Capital (Q: Oct. 2024 ))/ count )
=45.692 * ( 1 - 24.48% )/( (5242.435 + 5221.654)/ 2 )
=34.5065984/5232.0445
=0.66 %

where

Invested Capital(Q: Jul. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7020.823 - 1277.072 - ( 501.316 - max(0, 1567.022 - 2650.027+501.316))
=5242.435

Invested Capital(Q: Oct. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6873.181 - 1206.305 - ( 445.222 - max(0, 1481.505 - 2532.964+445.222))
=5221.654

Note: The Operating Income data used here is four times the quarterly (Oct. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Thor Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2024  Q: Oct. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=56.288/( ( (1390.718 + max(415.745, 0)) + (1380.362 + max(516.423, 0)) )/ 2 )
=56.288/( ( 1806.463 + 1896.785 )/ 2 )
=56.288/1851.624
=3.04 %

where Working Capital is:

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(502.301 + 1366.638 + 81.178) - (1277.072 + 0 + 257.3)
=415.745

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(516.425 + 1371.771 + 77.526) - (1206.305 + 0 + 242.994)
=516.423

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Thor Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2024 )
=358.803/6225.768
=5.76 %

* 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 EBIT Related Terms

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Thor Industries Business Description

Traded in Other Exchanges
Address
601 East Beardsley Avenue, Elkhart, IN, USA, 46514-3305
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 accounts for less than 10% of total sales. In fiscal 2024, the company wholesaled 186,908 units and generated over $10 billion in revenue.
Executives
Zuhl Colleen A officer: VP & Chief Financial Officer PO BOX 3300, ELKHART IN 46515
W. Todd Woelfer officer: Sr. VP, Gen Counsel & Sec. PO BOX 3300, ELKHART IN 46515
Kenneth D Julian officer: VP of Admin. and HR 3080 WINDSOR CT., ELKHART IN 46514
Peter Busch Orthwein director, officer: Exec. Chairman of the Board ONE LAGAYETTE PLACE, GREENWICH CT 06830
James L Ziemer director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Amelia Huntington director C/O THOR INDUSTRIES, INC., 601 EAST BEARDSLEY AVE., ELKHART IN 46514-3305
Trevor Q. Gasper officer: VP, General Counsel and Sec. 601 EAST BEARDSLEY AVE., ELKHART IN 46514
Laurel Hurd director C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Christina Hennington director 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
J Allen Kosowsky director C/O THOR INDUSTRIES, INC., 419 WEST PIKE STREET, JACKSON CENTER OH 45334-0629
Kelley William J. Jr director USG CORPORATION, 550 WEST ADAMS STREET, CHICAGO IL 60661
Josef Hjelmaker officer: Chief Innovation Officer C/O THOR INDUSTRIES, INC., 601 E. BEARDSLEY AVE., ELKHART IN 46514-3305
Christopher J Klein director 520 LAKE COOK ROAD, DEERFIELD IL 60015
Jan Suwinski director 9450 SEWARD RD, C/O OHIO CASUALTY GROUP, FAIRFIELD OH 45014
Robert W Martin director, officer: Chief Exec. Officer & Pres. C/O KEYSTONE RV COMPANY, 2642 HACKBERRY DRIVE, GOSHEN IN 46526

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