Thor Industries Inc (THO)
Pretax margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 348,752 | 499,384 | 1,459,420 | 843,583 | 274,486 |
| Revenue | US$ in thousands | 10,053,000 | 11,027,500 | 16,228,900 | 12,221,900 | 8,056,620 |
| Pretax margin | 3.47% | 4.53% | 8.99% | 6.90% | 3.41% |
July 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $348,752K ÷ $10,053,000K
= 3.47%
The pretax margin of Thor Industries Inc has shown some fluctuations over the past five years, as indicated by the annual data provided. In the most recent fiscal year ending on July 31, 2024, the company's pretax margin was 3.47%, representing a decrease from the prior year's margin of 4.53%.
Comparing the data to the fiscal year ending on July 31, 2022, the pretax margin saw a significant decline from 8.99% to 6.90% in the following year. However, it rebounded in the fiscal year ending on July 31, 2021, reaching 6.90% after a lower margin of 3.41% in the fiscal year ending on July 31, 2020.
These fluctuations in the pretax margin indicate varying levels of profitability before taxes over the years, which could be influenced by factors such as changes in revenue, operating expenses, or cost management strategies within the company. Further analysis of the company's financial performance and operational efficiency would be necessary to provide a more comprehensive understanding of the trends observed in the pretax margin.
Peer comparison
Jul 31, 2024