THO (Thor Industries) LT-Debt-to-Total-Asset: 0.12 (As of Apr. 2026)

What is Thor Industries LT-Debt-to-Total-Asset?

Thor Industries THO -0.79% 73 LT-Debt-to-Total-Asset is 0.12 as of Apr. 2026. GuruFocus rates THO with a GF Score™ of 73/100 and a GF Value™ of $96.19 (Modestly Undervalued). The stock has 3 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Thor Industries's long-term debt to total assests ratio for the quarter that ended in Apr. 2026 was 0.12.

Thor Industries's long-term debt to total assets ratio declined from Apr. 2025 (0.14) to Apr. 2026 (0.12). It may suggest that Thor Industries is progressively becoming less dependent on debt to grow their business.

Thor Industries (NYSE:THO) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Thor Industries LT-Debt-to-Total-Asset Related Terms

Thor Industries LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Thor Industries's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Thor Industries Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Jul25

LT-Debt-to-Total-Asset

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0.24

0.18

0.16

0.13

Thor Industries Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.13	0.13	0.13	0.12

73GF Score

Thor Industries Inc THO

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Thor Industries LT-Debt-to-Total-Asset Calculation

Thor Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2025 is calculated as

LT Debt to Total Assets (A: Jul. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2025 )	/	Total Assets (A: Jul. 2025 )
	=	919.612	/	7065.284
	=	0.13

Thor Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (Q: Apr. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2026 )	/	Total Assets (Q: Apr. 2026 )
	=	871.444	/	7154.775
	=	0.12

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.12 mean?

Thor Industries (THO) has a LT-Debt-to-Total-Asset of 0.12 as of Apr. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Thor Industries and its competitors.

Is Thor Industries' LT-Debt-to-Total-Asset too high?

Thor Industries' current LT-Debt-to-Total-Asset is 0.12. 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' LT-Debt-to-Total-Asset compare to PII and PATK?

Thor Industries' LT-Debt-to-Total-Asset of 0.12 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 LT-Debt-to-Total-Asset for a Vehicles & Parts company?

A good LT-Debt-to-Total-Asset depends on the Vehicles & Parts industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Thor Industries and its competitors. Thor Industries's current LT-Debt-to-Total-Asset is 0.12. 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 $96.19, compared to a current price of $78.12 — trading 18.8% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.12. 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 LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Thor Industries (THO), the current LT-Debt-to-Total-Asset is 0.12 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 $78.12 is trading 18.8% below its estimated GF Value™ of $96.19. GuruFocus considers Thor Industries to be Modestly Undervalued.

Key valuation signals for THO:

LT-Debt-to-Total-Asset: 0.12
GF Value™: $96.19 vs. price of $78.12 (18.8% 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

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies PII PATK HOG BC LCII WGO MCFT MBUU KNDI MAMO SHSE:603129 TSX:DOO XPAR:TRI MIL:SL ISX:VKTR MIL:YACHT NZSE:THL HKSE:00805 XPAR:BEN TPE:8478

Other Exchanges 0LF8:UK TIV:Germany

Address 52700 Independence Court, Elkhart, IN, USA, 46514-8155

Website https://www.thorindustries.com

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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$78.12

Price

$96.19

GF Value

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