Thor Industries Inc (THO)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 265,308 | 265,580 | 271,788 | 291,651 | 374,271 | 564,927 | 792,259 | 1,031,747 | 1,137,804 | 1,087,141 | 922,401 | 788,357 | 659,872 | 548,760 | 389,517 | 285,666 | 222,974 | 195,861 | 204,477 | 170,387 |
| 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 |
| Net profit margin | 2.64% | 2.61% | 2.64% | 2.80% | 3.39% | 4.66% | 5.72% | 6.71% | 7.01% | 6.80% | 6.24% | 5.78% | 5.40% | 5.01% | 4.25% | 3.38% | 2.77% | 2.44% | 2.31% | 2.09% |
July 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $265,308K ÷ $10,050,200K
= 2.64%
From the data provided, Thor Industries Inc's net profit margin has shown some fluctuations over the past several quarters. The net profit margin measures the company's profitability by indicating how much of each dollar in revenue translates into profit after all expenses are accounted for.
The net profit margin ranged from a high of 7.01% in July 2022 to a low of 2.09% in October 2019. The trend in net profit margin appears to have generally decreased from the peak in July 2022 to the lowest point in October 2019, with some fluctuations along the way.
A decreasing net profit margin may suggest that Thor Industries Inc is experiencing challenges in controlling costs relative to its revenue, which could impact its overall profitability. It would be important for the company to closely monitor its expenses and operational efficiencies to improve its profitability over time.
Peer comparison
Jul 31, 2024