Thor is the sole owner of operating subsidiaries that, combined, represent the world’s largest manufacturer of recreational vehicles. Over the years Thor has received many honors for its growth and management success. In January, 2000, Forbes included Thor in its Platinum 400 list, and in April, 2004, Thor was added to Standard & Poor's Mid-Cap 400. Also in 2004, Forbes declared Thor to be one of the "Best Managed Companies in America." In 2005, Fortune called Thor one of "America's Most Admired Companies," and Industry Week ranked Thor as one of the fifty best U. S. manufacturers.Thor has become one of the most admired and respected companies, not only in the RV industry, but in American business as well.

Employee Rating

3.0More
TypePublic
HQElkhart, US
Size (employees)17,800 (est)
Websitethorindustries.com
Thor Industries is headquartered in Elkhart, US
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Thor Industries Office Locations

Thor Industries has an office in Elkhart
Elkhart, US (HQ)
601 E Beardsley Ave
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Thor Industries Financials and Metrics

Thor Industries Revenue

Thor Industries's revenue was reported to be $8.33 b in FY, 2018
USD

Revenue (Q1, 2019)

1.8b

Gross profit (Q1, 2019)

207.3m

Gross profit margin (Q1, 2019), %

11.8%

Market capitalization (22-Jan-2019)

3.4b

Closing stock price (22-Jan-2019)

64.6

Cash (31-Oct-2018)

224.9m
Thor Industries's current market capitalization is $3.4 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.5b4.0b4.6b7.2b8.3b

Revenue growth, %

14%14%

Cost of goods sold

3.1b3.4b3.9b6.2b7.2b

Gross profit

470.4m557.5m726.3m1.0b1.2b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

800.0m635.3m1.0b922.0m852.4m1.2b1.0b975.1m1.3b1.7b1.6b2.0b2.2b2.0b2.3b1.8b

Cost of goods sold

694.8m565.0m904.7m804.3m750.4m1.0b878.1m826.2m1.1b1.5b1.4b1.7b1.9b1.7b1.9b1.5b

Gross profit

105.2m70.3m142.1m117.7m102.0m166.6m152.2m148.8m201.9m236.8m211.7m293.8m333.2m270.3m316.7m207.3m

Gross profit Margin, %

13%11%14%13%12%14%15%15%16%14%13%15%15%14%14%12%
Annual
usdY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

247.8m215.4m218.6m236.6m289.3m183.5m209.9m223.3m275.2m

Accounts Receivable

134.3k122.1m

Inventories

216.4m246.1m403.9m460.5m537.9m

Current Assets

844.0m775.8m1.0b1.2b1.3b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

295.0m204.9m120.9m313.6m248.3m259.4m179.3m185.4m247.3m161.7m134.7m189.4m151.5m109.8m147.0m224.9m

Accounts Receivable

(152.9m)

Inventories

197.2m221.9m234.4m221.9m244.4m256.6m271.4m274.5m275.5m417.1m477.6m459.7m517.3m590.4m607.2m565.3m

Current Assets

790.4m720.6m848.3m851.2m860.5m947.9m841.9m868.1m974.4m1.1b1.1b1.3b1.3b1.3b1.4b1.3b
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

179.0m199.4m256.5m374.3m430.2m

Depreciation and Amortization

25.8m31.4m52.6m98.3m93.2m

Inventories

(44.8m)14.8m(15.6m)(56.6m)(77.4m)

Accounts Payable

13.6m(26.6m)28.6m67.1m(40.7m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

41.1m57.3m112.4m38.9m28.6m62.8m50.5m95.2m173.7m78.7m143.5m254.8m128.4m208.2m341.9m14.0m

Depreciation and Amortization

6.3m12.5m18.7m7.0m4.0m4.0m11.4m22.8m35.1m26.6m50.4m74.3m22.7m46.0m69.5m23.1m

Inventories

(43.3m)(68.0m)(79.4m)(5.5m)244.4m256.6m(25.3m)(28.4m)(29.1m)(13.3m)(73.7m)(55.8m)(56.8m)(129.9m)(146.7m)(27.4m)

Accounts Payable

3.9m(7.2m)29.4m(13.7m)178.0m198.4m28.7m18.9m35.1m(1.3m)28.6m85.7m33.5m27.2m29.6m(29.1m)
USDY, 2018

Financial Leverage

1.5 x
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Thor Industries Operating Metrics

Thor Industries's Backlog was reported to be $2.4m in Q1, 2018.
FY, 2014Q2, 2015Q1, 2016FY, 2015Q3, 2016Q2, 2016Q1, 2017FY, 2016Q3, 2017Q2, 2017Q1, 2018

Backlog

$538.07 k$942.06 k$726.79 k$573.97 k$1.05 m$1.06 m$1.06 m$1.20 m$2.11 m$2.09 m$2.36 m

Motorized Units Sold

10.22 k10.86 k13.82 k

Towables Sold

100.69 k115.69 k128.93 k
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Thor Industries Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
HymerSeptember 18, 2018€2.10 b
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Thor Industries Online and Social Media Presence

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Thor Industries News and Updates

RV maker Thor Industries shares slide 10% premarket after profit miss

Thor Industries Inc. shares slid 10% in premarket trade Thursday, after the company posted weaker-than-expected profit for its fiscal fourth quarter as it worked to reduce dealer inventories and grappled with higher costs. The recreational vehicle maker, which is in the midst of buying German RV ma…

Freedonia Analyst Weighs in on Thor Industries Acquisition of Erwin Hymer Group

CLEVELAND, Sept. 19, 2018 /PRNewswire/ -- Thor Industries, the largest manufacturer of recreational vehicles in the US, announced an agreement to acquire Erwin Hymer Group, a leading manufacturer of recreational vehicles in Europe, for roughly €1.7 billion ($1.9 billion) in cash and 2.3...

Thor Industries to acquire Erwin Hymer in deal valued at 2.1 billion euros

Thor Industries Inc. said Tuesday it has agreed to acquire privately held Erwin Hymer Group in a cash and stock deal with an enterprise value of 2.1 billion euros ($3.6 billion). The transaction will create the world's biggest manufacturer of recreational vehicles, the companies said in a statement…

UPDATE 1-U.S. Thor Industries to buy German caravan maker Hymer

U.S.-based recreational vehicle maker Thor Industries has agreed to buy German family-owned caravan maker Erwin Hymer Group in a deal valuing the company at 2.1 billion euros ($2.45 billion)including debt, Thor said on Tuesday.

Thor Industries to buy German caravan maker Hymer

U.S.-based recreational vehicle maker Thor Industries has agreed to buy German family-owned peer Erwin Hymer Group in a deal valuing the company at 2.1 billion euros ($2.45 billion)including debt, Thor said on Tuesday.
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Thor Industries Company Life and Culture

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Thor Industries Frequently Asked Questions

  • How many employees does Thor Industries have?

    Thor Industries has 17,800 employees.

  • What is Thor Industries revenue?

    Latest Thor Industries annual revenue is $8.3 b.

  • What is Thor Industries revenue per employee?

    Latest Thor Industries revenue per employee is $467.9 k.

  • Who are Thor Industries competitors?

    Competitors of Thor Industries include Harley-Davidson, Otokar and Hero Motocorp.

  • Where is Thor Industries headquarters?

    Thor Industries headquarters is located at 601 E Beardsley Ave, Elkhart.

  • Where are Thor Industries offices?

    Thor Industries has an office in Elkhart.

  • How many offices does Thor Industries have?

    Thor Industries has 1 office.