Thor Industries Inc (THO)
Gross profit margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,451,960 | 1,596,350 | 2,806,030 | 1,894,970 | 1,118,210 |
| Revenue | US$ in thousands | 10,053,000 | 11,027,500 | 16,228,900 | 12,221,900 | 8,056,620 |
| Gross profit margin | 14.44% | 14.48% | 17.29% | 15.50% | 13.88% |
July 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,451,960K ÷ $10,053,000K
= 14.44%
Thor Industries Inc's gross profit margin has shown some fluctuations over the past five years. The trend indicates that the company's gross profit margin was at its lowest point in 2020 at 13.88%, then increased in 2021 to 15.50%, further rose in 2022 to 17.29%, and then slightly decreased in 2023 to 14.48%. The most recent data for July 31, 2024, shows a gross profit margin of 14.44%.
The overall trend suggests some variability in the company's ability to generate profits from its core operations over the years. It is important for investors and stakeholders to closely monitor whether these fluctuations in gross profit margin are indicative of underlying changes in the company's cost structure, pricing strategies, or other operational factors that could impact its profitability.
Peer comparison
Jul 31, 2024