earnings
confidence high
sentiment negative
materiality 0.75
THOR Q4 EPS $2.36 (+40% YoY); FY2026 guidance $3.75-$4.25 EPS on $9.0-$9.5B sales
THOR INDUSTRIES INC
2025-FY EPS reported
$4.84
revenue$9,579,490,000
- Q4 net sales $2.52B (-0.4% YoY); Adj. EBITDA $209.5M (-4.1%); net income $125.8M (+39.7%).
- FY2025 EPS $4.84 (-2.0%); cash from ops $577.9M; debt reduced $237M; dividends and buybacks $158.8M.
- FY2026 guidance: net sales $9.0-9.5B, diluted EPS $3.75-4.25; assumes low-to-mid single-digit NA retail decline.
- N.A. Towable gross margin +70bps to 13.3%; N.A. Motorized unit shipments +15.9% with market share gains.
- European RV net sales -2.2%; unit shipments -14.1%; gross margin -310bps on restructuring and discounts.
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