Thor Industries Inc (THO)
Operating profit margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 443,141 | 584,745 | 1,531,880 | 907,212 | 376,253 |
| Revenue | US$ in thousands | 10,053,000 | 11,027,500 | 16,228,900 | 12,221,900 | 8,056,620 |
| Operating profit margin | 4.41% | 5.30% | 9.44% | 7.42% | 4.67% |
July 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $443,141K ÷ $10,053,000K
= 4.41%
Thor Industries Inc's operating profit margin has shown some fluctuations over the past five years. In particular, there was a significant decrease in the operating profit margin from 2022 to 2023, followed by a slight recovery in 2024. The highest operating profit margin was recorded in 2022 at 9.44%, indicating strong operational efficiency and profitability during that period. However, the margin declined in subsequent years, reaching its lowest point in 2020 at 4.67%.
Overall, the operating profit margin trend suggests some variability in Thor Industries Inc's ability to generate profits from its core business operations over the past five years. Further analysis and consideration of the company's internal and external factors may be necessary to understand the drivers behind these fluctuations and to assess the company's financial performance accurately.
Peer comparison
Jul 31, 2024