Thor Industries Inc (THO)
Profitability ratios
Return on sales
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 14.44% | 14.48% | 17.29% | 15.50% | 13.88% |
| Operating profit margin | 4.41% | 5.30% | 9.44% | 7.42% | 4.67% |
| Pretax margin | 3.47% | 4.53% | 8.99% | 6.90% | 3.41% |
| Net profit margin | 2.64% | 3.39% | 7.01% | 5.40% | 2.77% |
Thor Industries Inc's profitability ratios have shown some fluctuations over the past five years. The gross profit margin has ranged from 13.88% in Jul 2020 to 17.29% in Jul 2022, with the most recent figure at 14.44% in Jul 2024. This metric reflects the company's ability to maintain profitability after accounting for the cost of goods sold.
The operating profit margin has also varied, from 4.67% in Jul 2020 to 9.44% in Jul 2022, declining to 4.41% in Jul 2024. This metric indicates the efficiency of Thor Industries in managing its operating expenses relative to its revenue.
The pretax margin has shown a similar trend, fluctuating between 3.41% in Jul 2020 and 8.99% in Jul 2022, before settling at 3.47% in Jul 2024. This ratio highlights Thor Industries' ability to generate income before considering taxes on its revenue.
Lastly, the net profit margin has ranged from 2.77% in Jul 2020 to 7.01% in Jul 2022, with the most recent figure at 2.64% in Jul 2024. This metric reflects the company's bottom-line profitability after accounting for all expenses and taxes.
Overall, while Thor Industries has experienced fluctuations in its profitability ratios, the company has generally maintained positive margins over the past five years, indicating a reasonable level of profitability in its operations.
Return on investment
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.31% | 8.05% | 20.68% | 13.63% | 6.52% |
| Return on assets (ROA) | 3.78% | 5.15% | 15.36% | 9.92% | 3.86% |
| Return on total capital | 8.68% | 11.33% | 28.98% | 20.75% | 9.61% |
| Return on equity (ROE) | 6.52% | 9.41% | 31.67% | 22.58% | 9.61% |
Thor Industries Inc's profitability ratios show varying levels of performance over the five-year period.
1. Operating return on assets (Operating ROA) has fluctuated from 6.31% in 2024 to 20.68% in 2022, indicating that the company's operating performance in generating profits from its assets has been inconsistent.
2. Return on assets (ROA) has also shown fluctuations, ranging from 3.78% in 2024 to 15.36% in 2022, suggesting that the company's overall profitability in relation to its total assets has been volatile.
3. Return on total capital shows a similar trend, with values oscillating between 8.68% in 2024 and 28.98% in 2022, reflecting the company's ability to generate returns for both equity and debt holders.
4. Return on equity (ROE) has displayed some variability, ranging from 6.52% in 2024 to 31.67% in 2022, highlighting the company's efficiency in generating returns for its shareholders.
Overall, Thor Industries Inc's profitability ratios indicate a mix of performance levels over the past five years, with some years showing strong profitability metrics and others exhibiting lower returns. This suggests the company's profitability is subject to various internal and external factors that have influenced its financial performance.