THO (Thor Industries) Gross Profit: $1,298 Mil (TTM As of Apr. 2026)

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THO Thor Industries Inc THO
72 GF Score
Price $79.00
GF Value $95.32
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Thor Industries Gross Profit?

Thor Industries THO +0.15% 72 Gross Profit is $1,298 Mil as of Apr. 2026. GuruFocus rates THO with a GF Score™ of 72/100 and a GF Value™ of $95.32 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Thor Industries's gross profit for the three months ended in Apr. 2026 was $355 Mil. Thor Industries's gross profit for the trailing twelve months (TTM) ended in Apr. 2026 was $1,298 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Thor Industries's gross profit for the three months ended in Apr. 2026 was $355 Mil. Thor Industries's Revenue for the three months ended in Apr. 2026 was $2,782 Mil. Therefore, Thor Industries's Gross Margin % for the quarter that ended in Apr. 2026 was 12.75%.

Thor Industries had a gross margin of 12.75% for the quarter that ended in Apr. 2026 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Thor Industries was 17.20%. The lowest was 12.37%. And the median was 14.38%.


Thor Industries  (NYSE:THO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Thor Industries had a gross margin of 12.75% for the quarter that ended in Apr. 2026 => No sustainable competitive advantage


Thor Industries Gross Profit Related Terms


Thor Industries Gross Profit Historical Data

* Premium members only.

The historical data trend for Thor Industries's Gross Profit 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 Gross Profit Chart

Thor Industries Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,894.97 2,806.03 1,596.35 1,451.96 1,340.64

Thor Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Gross Profit 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 443.12 370.88 320.97 251.25 354.77

THO vs PII, PATK, BC: Gross Profit Comparison

For the Recreational Vehicles subindustry, Thor Industries's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thor Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Thor Industries's Gross Profit falls into.


THO
72GF Score
Thor Industries Inc THO
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Industries Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Thor Industries's Gross Profit for the fiscal year that ended in Jul. 2025 is calculated as

Gross Profit (A: Jul. 2025 )=Revenue - Cost of Goods Sold
=9579.49 - 8238.849
=1,341

Thor Industries's Gross Profit for the quarter that ended in Apr. 2026 is calculated as

Gross Profit (Q: Apr. 2026 )=Revenue - Cost of Goods Sold
=2781.538 - 2426.768
=355

Gross Profit 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 $1,298 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Thor Industries's Gross Margin % for the quarter that ended in Apr. 2026 is calculated as

Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=355 / 2781.538
=12.75 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $1,298 Mil mean?
Thor Industries (THO) has a Gross Profit of $1,298 Mil as of Apr. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Thor Industries and its competitors.
Is Thor Industries' Gross Profit too high?
Thor Industries' current Gross Profit is $1,298 Mil. Overall, Thor Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thor Industries' Gross Profit compare to PII and PATK?
Thor Industries' Gross Profit of $1,298 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 Gross Profit for a Vehicles & Parts company?
A good Gross Profit depends on the Vehicles & Parts industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Thor Industries and its competitors. Thor Industries's current Gross Profit is $1,298 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 $95.32, compared to a current price of $79.00 — trading 17.1% below its estimated fair value. The current Gross Profit is $1,298 Mil. Thor Industries' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Thor Industries (THO), the current Gross Profit is $1,298 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 $79.00 is trading 17.1% below its estimated GF Value™ of $95.32. GuruFocus considers Thor Industries to be Modestly Undervalued.

Key valuation signals for THO:

  • Gross Profit: $1,298 Mil
  • GF Value™: $95.32 vs. price of $79.00 (17.1% below fair value)
  • GF Score™: 72/100 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.
72GF Score

Get the complete analysis for THO

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

$79.00
Price
$95.32
GF Value