Thor Industries Inc (THO)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 4.41% | 4.31% | 4.49% | 4.63% | 5.30% | 6.54% | 7.87% | 9.20% | 9.44% | 9.32% | 8.44% | 7.80% | 7.42% | 6.94% | 6.21% | 5.33% | 4.67% | 4.16% | 4.19% | 4.36% |
| Pretax margin | 3.47% | 3.48% | 3.57% | 3.77% | 4.53% | 5.83% | 7.32% | 8.63% | 8.99% | 8.89% | 8.05% | 7.40% | 6.90% | 6.31% | 5.23% | 4.16% | 3.41% | 2.94% | 2.90% | 2.71% |
| 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% |
Thor Industries Inc's profitability ratios have shown some fluctuations over the past few periods. The gross profit margin has ranged from 13.15% to 17.29%, with a decreasing trend in recent periods, indicating challenges in maintaining a high level of profitability on the sale of goods.
The operating profit margin has also varied, ranging from 4.16% to 9.44%, with a general decline in recent periods. This suggests that the company's operating expenses may be increasing relative to its sales revenue, impacting profitability.
Similarly, the pretax margin has fluctuated between 2.71% and 8.99%, indicating variability in the company's ability to generate profits before accounting for taxes. The downward trend in recent periods suggests potential challenges in sustaining profitability at the pre-tax level.
The net profit margin, which reflects the company's bottom-line profitability after all expenses, has ranged from 2.09% to 7.01%, with a general decline in the most recent periods. This indicates that Thor Industries Inc may be facing challenges in generating net income relative to its revenues, which could be a concerning trend for investors.
Overall, Thor Industries Inc's profitability ratios show some inconsistency and declining trends in recent periods, highlighting the need for careful monitoring of cost management and revenue generation strategies to improve overall profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.31% | 6.06% | 6.39% | 6.73% | 8.05% | 10.49% | 14.90% | 19.44% | 20.68% | 19.27% | 16.29% | 13.69% | 13.63% | 11.31% | 8.94% | 7.68% | 6.52% | 5.96% | 6.60% | 6.35% |
| Return on assets (ROA) | 3.78% | 3.68% | 3.76% | 4.07% | 5.15% | 7.48% | 10.84% | 14.17% | 15.36% | 14.05% | 12.03% | 10.15% | 9.92% | 8.17% | 6.12% | 4.87% | 3.86% | 3.49% | 3.63% | 3.04% |
| Return on total capital | 8.18% | 8.33% | 8.41% | 9.45% | 11.33% | 14.41% | 19.91% | 26.44% | 28.98% | 27.86% | 23.77% | 20.61% | 20.75% | 17.77% | 13.21% | 11.43% | 9.61% | 8.62% | 9.80% | 8.14% |
| Return on equity (ROE) | 6.52% | 6.63% | 6.90% | 7.45% | 9.41% | 14.52% | 20.95% | 28.33% | 31.67% | 31.66% | 28.60% | 25.41% | 22.58% | 20.08% | 15.15% | 11.94% | 9.61% | 9.39% | 9.68% | 8.06% |
The profitability ratios of Thor Industries Inc have shown a mixed trend over the past few periods.
Operating Return on Assets (Operating ROA) has fluctuated, with a recent decrease from 6.73% in October 2023 to 6.31% in July 2024. This ratio indicates that the company is generating operating income equivalent to 6.31% of its total assets.
Return on Assets (ROA) also saw a slight decline from 4.07% in October 2023 to 3.78% in July 2024. This ratio demonstrates that the company is generating a net income equal to 3.78% of its total assets.
Return on Total Capital has shown a consistent upward trend, indicating an increase in efficiency in generating returns from both debt and equity. This ratio rose from 9.45% in October 2023 to 8.18% in July 2024.
Return on Equity (ROE) has varied, with a recent decrease from 7.45% in October 2023 to 6.52% in July 2024. ROE reflects the company's ability to generate profits from shareholders' equity and signifies a return of 6.52% on equity investment.
Overall, while the company's ROA and ROE have experienced some fluctuations, the Return on Total Capital has shown a positive trend, indicating improved efficiency in generating returns from total capital employed. Further analysis into the company's operations and financial management practices would be required to fully interpret these ratios and understand the underlying reasons for the trends observed.