Thor Industries Inc (THO)
Gross profit margin
| Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,451,962 | 1,444,936 | 1,455,721 | 1,467,809 | 1,596,353 | 1,869,935 | 2,244,743 | 2,637,082 | 2,806,030 | 2,734,107 | 2,431,942 | 2,171,545 | 1,894,973 | 1,646,366 | 1,346,719 | 1,188,248 | 1,118,207 | 1,102,662 | 1,189,459 | 1,074,649 |
| Revenue (ttm) | US$ in thousands | 10,050,200 | 10,164,480 | 10,287,660 | 10,422,340 | 11,027,250 | 12,116,190 | 13,848,390 | 15,377,810 | 16,229,070 | 15,994,200 | 14,792,000 | 13,645,200 | 12,221,680 | 10,945,860 | 9,168,270 | 8,440,550 | 8,057,530 | 8,041,050 | 8,857,250 | 8,171,070 |
| Gross profit margin | 14.45% | 14.22% | 14.15% | 14.08% | 14.48% | 15.43% | 16.21% | 17.15% | 17.29% | 17.09% | 16.44% | 15.91% | 15.51% | 15.04% | 14.69% | 14.08% | 13.88% | 13.71% | 13.43% | 13.15% |
July 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,451,962K ÷ $10,050,200K
= 14.45%
The gross profit margin of Thor Industries Inc has shown a general decreasing trend over the past several quarters, indicating a potential decline in the company's ability to generate profits from its core operations after accounting for the cost of goods sold. The margin peaked at 17.29% in July 2022 and has since been gradually decreasing to 14.45% in July 2024. This trend may suggest challenges in managing production costs, pricing strategies, or competitive pressures impacting the company's profitability. Further analysis of cost structures, pricing policies, and industry dynamics may be necessary to fully understand the underlying reasons for the fluctuating gross profit margin.
Peer comparison
Jul 31, 2024