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Thor Industries (FRA:TIV) Pretax Margin % : -0.05% (As of Oct. 2024)


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What is Thor Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Thor Industries's Pre-Tax Income for the three months ended in Oct. 2024 was €-1 Mil. Thor Industries's Revenue for the three months ended in Oct. 2024 was €1,967 Mil. Therefore, Thor Industries's pretax margin for the quarter that ended in Oct. 2024 was -0.05%.

The historical rank and industry rank for Thor Industries's Pretax Margin % or its related term are showing as below:

FRA:TIV' s Pretax Margin % Range Over the Past 10 Years
Min: 2.35   Med: 7.09   Max: 8.95
Current: 2.84


FRA:TIV's Pretax Margin % is ranked worse than
58.95% of 1296 companies
in the Vehicles & Parts industry
Industry Median: 4.215 vs FRA:TIV: 2.84

Thor Industries Pretax Margin % Historical Data

The historical data trend for Thor Industries's Pretax Margin % 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 Pretax Margin % Chart

Thor Industries Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 6.86 8.95 4.49 3.47

Thor Industries Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Pretax Margin % 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 2.90 0.31 5.08 5.01 -0.05

Competitive Comparison of Thor Industries's Pretax Margin %

For the Recreational Vehicles subindustry, Thor Industries's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Thor Industries's Pretax Margin % falls into.



Thor Industries Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Thor Industries's Pretax Margin for the fiscal year that ended in Jul. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2024 )/Revenue (A: Jul. 2024 )
=321.634/9260.022
=3.47 %

Thor Industries's Pretax Margin for the quarter that ended in Oct. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=-1.061/1967.076
=-0.05 %

* 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  (FRA:TIV) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Thor Industries Pretax Margin % 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.

Thor Industries Headlines

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