Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Thor IndustriesTHO +2.94%73 3-Year Share Buyback Ratio is 0.70 as of Apr. 2026, which is 40% above its 10-year median of 0.50. GuruFocus rates THO with a GF Score™ of 73/100 and a GF Value™ of $95.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 760 Vehicles & Parts companies, Thor Industries ranks better than 77.89% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Thor Industries's current 3-Year Share Buyback Ratio was 0.70%.
The historical rank and industry rank for Thor Industries's 3-Year Share Buyback Ratio or its related term are showing as below:
THO'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -7.7 Med: 0.5 Max: 3.1
Current: 0.7
During the past 13 years, Thor Industries's highest 3-Year Share Buyback Ratio was 3.10%. The lowest was -7.70%. And the median was 0.50%.
THO's 3-Year Share Buyback Ratio is ranked better than 77.89% of 760
companies
in the Vehicles & Parts industry
Industry Median: -0.9
vs THO: 0.70
Thor Industries (NYSE:THO) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Thor Industries 3-Year Share Buyback Ratio Related Terms
THO vs PII, PATK, BC: 3-Year Share Buyback Ratio Comparison
For the Recreational Vehicles subindustry, Thor Industries's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thor Industries's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Thor Industries's 3-Year Share Buyback Ratio falls into.
Thor Industries 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.70 mean?
Thor Industries (THO) has a 3-Year Share Buyback Ratio of 0.70 as of Apr. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Thor Industries and its competitors. This is 40% above median its historical median of 0.50. According to the industry distribution chart, Thor Industries ranks #168 out of 760 companies in the Vehicles & Parts industry, placing it in the top 22.1%.
Is Thor Industries' 3-Year Share Buyback Ratio too high?
Thor Industries' current 3-Year Share Buyback Ratio of 0.70 is 40% above median its 10-year median of 0.50. Based on the distribution chart, Thor Industries ranks #168 out of 760 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. 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' 3-Year Share Buyback Ratio compare to PII and PATK?
According to the Vehicles & Parts industry distribution chart, Thor Industries ranks #168 out of 760 companies for 3-Year Share Buyback Ratio. This places Thor Industries in the top 22% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Vehicles & Parts company?
A good 3-Year Share Buyback Ratio depends on the Vehicles & Parts industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Thor Industries and its competitors. Thor Industries's current 3-Year Share Buyback Ratio is 0.70, which is 40% above median its own 10-year median of 0.50. 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 $95.34, compared to a current price of $80.07 — trading 16% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.70, which is 40% above median its 10-year median of 0.50. 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 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Thor Industries (THO), the current 3-Year Share Buyback Ratio is 0.70 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 $80.07 is trading 16% below its estimated GF Value™ of $95.34.
GuruFocus considers Thor Industries to be Modestly Undervalued.
Key valuation signals for THO:
3-Year Share Buyback Ratio: 0.70 (40% above median its 10-year median of 0.50)
GF Value™: $95.34 vs. price of $80.07 (16% below fair value)
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.
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
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
THO has been successfully added to your 
