THO (Thor Industries) Inventories, Inventories Adjustments: $-155 Mil (As of Apr. 2026)

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THO Thor Industries Inc THO
73 GF Score
Price $72.00
GF Value $95.59
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Thor Industries Inventories, Inventories Adjustments?

Thor Industries THO -2.01% 73 Inventories, Inventories Adjustments is $-155 Mil as of Apr. 2026. GuruFocus rates THO with a GF Score™ of 73/100 and a GF Value™ of $95.59 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Thor Industries's Inventories, Inventories Adjustments for the quarter that ended in Apr. 2026 was $-155 Mil.

Thor Industries's quarterly Inventories, Inventories Adjustments declined from Oct. 2025 ($-149 Mil) to Jan. 2026 ($-152 Mil) and declined from Jan. 2026 ($-152 Mil) to Apr. 2026 ($-155 Mil).

Thor Industries's annual Inventories, Inventories Adjustments increased from Jul. 2023 ($-163 Mil) to Jul. 2024 ($-148 Mil) but then declined from Jul. 2024 ($-148 Mil) to Jul. 2025 ($-149 Mil).

Thor Industries Inventories, Inventories Adjustments Historical Data

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The historical data trend for Thor Industries's Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments Chart

Thor Industries Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only -74.89 -137.45 -162.60 -148.11 -148.81

Thor Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Inventories, Inventories Adjustments 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 -145.21 -148.81 -148.81 -151.92 -154.75
THO
73GF Score
Thor Industries Inc THO
Inventories, Inventories Adjustments is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Industries Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of $-155 Mil mean?
Thor Industries (THO) has a Inventories, Inventories Adjustments of $-155 Mil as of Apr. 2026. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Thor Industries and its competitors.
Is Thor Industries' Inventories, Inventories Adjustments too high?
Thor Industries' current Inventories, Inventories Adjustments is $-155 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' Inventories, Inventories Adjustments compare to PII and BC?
Thor Industries' Inventories, Inventories Adjustments of $-155 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 Inventories, Inventories Adjustments for a Vehicles & Parts company?
A good Inventories, Inventories Adjustments depends on the Vehicles & Parts industry context. However, Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Thor Industries and its competitors. Thor Industries's current Inventories, Inventories Adjustments is $-155 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 $95.59, compared to a current price of $72.00 — trading 24.7% below its estimated fair value. The current Inventories, Inventories Adjustments is $-155 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 Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For Thor Industries (THO), the current Inventories, Inventories Adjustments is $-155 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 $72.00 is trading 24.7% below its estimated GF Value™ of $95.59. GuruFocus considers Thor Industries to be Modestly Undervalued.

Key valuation signals for THO:

  • Inventories, Inventories Adjustments: $-155 Mil
  • GF Value™: $95.59 vs. price of $72.00 (24.7% 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

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

$72.00
Price
$95.59
GF Value