THO (Thor Industries) Research & Development: $0 Mil (TTM As of Apr. 2026)


THO Thor Industries Inc THO
73 GF Score
Price $78.93
GF Value $96.22
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Thor Industries Research & Development?

Thor Industries THO +4.55% 73 Research & Development is $0 Mil as of Apr. 2026. GuruFocus rates THO with a GF Score™ of 73/100 and a GF Value™ of $96.22 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Thor Industries's Research & Development for the three months ended in Apr. 2026 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 was $0 Mil.


Thor Industries  (NYSE:THO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Thor Industries Research & Development Related Terms


Thor Industries Research & Development Historical Data

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The historical data trend for Thor Industries's Research & Development 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 Research & Development Chart

Thor Industries Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
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Thor Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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THO
73GF Score
Thor Industries Inc THO
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Industries Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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 $0 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $0 Mil mean?
Thor Industries (THO) has a Research & Development of $0 Mil as of Apr. 2026. Research and development expense is the total cost for research and development activities. View historical data on Thor Industries and its competitors.
Is Thor Industries' Research & Development too high?
Thor Industries' current Research & Development is $0 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' Research & Development compare to PII and PATK?
Thor Industries' Research & Development of $0 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 Research & Development for a Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Thor Industries and its competitors. Thor Industries's current Research & Development is $0 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 $96.22, compared to a current price of $78.93 — trading 18% below its estimated fair value. The current Research & Development is $0 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Thor Industries (THO), the current Research & Development is $0 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 $78.93 is trading 18% below its estimated GF Value™ of $96.22. GuruFocus considers Thor Industries to be Modestly Undervalued.

Key valuation signals for THO:

  • Research & Development: $0 Mil
  • GF Value™: $96.22 vs. price of $78.93 (18% 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

Get the complete analysis for THO

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

$78.93
Price
$96.22
GF Value