Thor Industries, Inc. (THO) Debt to Equity Ratio: 0.22
Is Thor Industries, Inc.’s debt to equity ratio high or low?
Thor Industries, Inc.'s debt to equity ratio of 0.22 is 49% below its 5-year average of 0.43, near the low end of its 5-year range (0.22–0.70).
As of Thursday, June 11, 2026. 12.00% below its 12-month average of 0.25.
THO Debt to Equity Ratio Chart
THO Average Debt to Equity Ratio Chart
THO Current vs Average Debt to Equity Ratio Chart
THO Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.22
DEBT TO EQUITY RATIO AVG TTM
0.25
DEBT TO EQUITY RATIO AVG 3Y
0.34
DEBT TO EQUITY RATIO AVG 5Y
0.43
DEBT TO EQUITY RATIO AVG 10Y
0.35
DEBT TO EQUITY RATIO AVG 15Y
0.24
DEBT TO EQUITY RATIO AVG 20Y
0.18
CURRENT VS TTM AVG
-12.00%
CURRENT VS 3Y AVG
-34.33%
CURRENT VS 5Y AVG
-49.03%
CURRENT VS 10Y AVG
-37.31%
CURRENT VS 15Y AVG
-8.81%
CURRENT VS 20Y AVG
+19.69%
THO Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Thor Industries, Inc. (THO) | $3.90B | 0.22 | 0.25 | 0.34 | 0.43 |
| Abercrombie & Fitch Co. (ANF) | $3.86B | 0.83 | 0.77 | 0.85 | 1.16 |
| Advance Auto Parts, Inc. (AAP) | $3.53B | 2.38 | 2.38 | 1.87 | 1.62 |
| American Eagle Outfitters, Inc. (AEO) | $2.99B | 1.02 | 0.92 | 0.84 | 0.93 |
| Mohawk Industries, Inc. (MHK) | $6.20B | 0.33 | 0.34 | 0.37 | 0.36 |
| Lucid Group, Inc. (LCID) | $1.49B | 1.20 | 0.92 | 0.72 | 0.69 |
| Carter's, Inc. (CRI) | $1.45B | 1.31 | 1.31 | 1.30 | 1.41 |
| Etsy, Inc. (ETSY) | $6.57B | -0.68 | 2.65 | 2.06 | 1.43 |
| Liquidity Services, Inc. (LQDT) | $1.18B | 0.07 | 0.08 | 0.08 | 0.09 |
| Chewy, Inc. (CHWY) | $7.65B | 1.12 | 1.52 | 1.36 | 6.97 |
Financial Health
Debt/Equity
0.22
Current Ratio
1.75
Thor Industries, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Thor Industries, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Thor Industries, Inc. (THO)?
- The debt to equity ratio for THO stock is 0.22.
- Is Thor Industries, Inc.'s debt to equity ratio high or low?
- Thor Industries, Inc.'s debt to equity ratio of 0.22 is 49% below its 5-year average of 0.43, near the low end of its 5-year range (0.22–0.70).
- What is the TTM average debt to equity ratio for Thor Industries, Inc. (THO)?
- The TTM average debt to equity ratio for THO stock is 0.25.
- What is the 3Y average debt to equity ratio for Thor Industries, Inc. (THO)?
- The 3Y average debt to equity ratio for THO stock is 0.34.
- What is the 5Y average debt to equity ratio for Thor Industries, Inc. (THO)?
- The 5Y average debt to equity ratio for THO stock is 0.43.
- What is the 10Y average debt to equity ratio for Thor Industries, Inc. (THO)?
- The 10Y average debt to equity ratio for THO stock is 0.35.
- What is the 15Y average debt to equity ratio for Thor Industries, Inc. (THO)?
- The 15Y average debt to equity ratio for THO stock is 0.24.
- What is the 20Y average debt to equity ratio for Thor Industries, Inc. (THO)?
- The 20Y average debt to equity ratio for THO stock is 0.18.
Thor Industries, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-07-31 | 0.22 |
| 2024-07-31 | 0.28 |
| 2023-07-31 | 0.33 |
| 2022-07-31 | 0.51 |
| 2021-07-31 | 0.55 |
| 2020-07-31 | 0.70 |
| 2019-07-31 | 0.90 |
| 2018-07-31 | 0.00 |
| 2017-07-31 | 0.09 |
| 2016-07-31 | 0.28 |
| 2015-07-31 | 0.00 |
| 2014-07-31 | 0.00 |
| 2013-07-31 | 0.00 |
| 2012-07-31 | 0.00 |
| 2011-07-31 | 0.00 |
| 2010-07-31 | 0.00 |
| 2009-07-31 | 0.00 |
| 2008-07-31 | 0.00 |
| 2007-07-31 | 0.00 |
| 2006-07-31 | 0.00 |
| 2005-07-31 | 0.00 |
| 2004-07-31 | 0.00 |
| 2003-07-31 | 0.00 |
| 2002-07-31 | 0.00 |
| 2001-07-31 | 0.00 |
| 2000-07-31 | 0.00 |
| 1999-07-31 | 0.00 |
| 1998-07-31 | 0.00 |
| 1997-07-31 | 0.00 |
| 1996-07-31 | 0.05 |
Related Metrics
About Thor Industries, Inc.
Thor Industries, Inc. specializes in the design, production, and sale of recreational vehicles (RVs), complemented by a range of related parts and accessories. Its operations span the United States, Canada, and Europe. The company offers an extensive selection of RVs, including various travel trailers (from conventional models to luxury fifth wheels) and gasoline or diesel-powered Class A, Class B, and Class C motorhomes. Additionally, it caters to European markets with motorcaravans, caravans, campervans, and urban recreational vehicles. Beyond finished products, Thor also manufactures aluminum extrusions and specialized component parts for other RV and industrial manufacturers, and provides digital products and services specifically designed for RVs. Its diverse offerings are distributed through independent and non-franchise dealerships. Founded in 1980, Thor Industries is headquartered in Elkhart, Indiana.
- Sector
- Consumer Cyclical
- Industry
- Auto - Recreational Vehicles
- CEO
- Robert W. Martin