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Thor Industries, Inc. (THO)
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Thor Industries, Inc. (THO) Interest Coverage Ratio: 6.19x

The interest coverage ratio for Thor Industries, Inc. (THO) is 6.19x as of Thursday, June 11, 2026.

THO Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

6.19x

THO Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Thor Industries, Inc. (THO)$3.90B6.19xN/AN/AN/A
Abercrombie & Fitch Co. (ANF)$3.92B294.38x177.86x123.90x76.76x
Advance Auto Parts, Inc. (AAP)$3.53B1.16x1.16x0.90x8.47x
American Eagle Outfitters, Inc. (AEO)$2.99B79.72x227.35x227.35x118.92x
Mohawk Industries, Inc. (MHK)$6.20B28.63x21.48x15.89x16.62x
Lucid Group, Inc. (LCID)$1.53B-36.82xN/AN/AN/A
Carter's, Inc. (CRI)$1.45B4.21x4.21x7.29x7.79x
Etsy, Inc. (ETSY)$6.57B19.88x23.71x22.45x24.91x
Liquidity Services, Inc. (LQDT)$1.18BN/A66.78x57.41x48.42x
Chewy, Inc. (CHWY)$7.65B55.28x37.84x37.84x32.53x

Financial Health Indicators

Interest Coverage

6.2x

Debt/Equity

0.22

Current Ratio

1.75

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Thor Industries, Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Thor Industries, Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for Thor Industries, Inc. (THO)?
The interest coverage ratio for THO stock is 6.19x.

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.

Elkhart, IN
22,300 employees
Consumer Cyclical / Auto - Recreational Vehicles
Sector
Consumer Cyclical
Industry
Auto - Recreational Vehicles
CEO
Robert W. Martin