Company / Gross Margin
Thor Industries Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
14.0%
FY2025
5-year range
12.4% / 15.4%
FY2021-FY2025
Trend
-3.3%
vs FY2024
Sector context
#112 of 120
Consumer Discretionary
What the data says
Among 120 Consumer Discretionary companies, Thor Industries is in the bottom 7% for gross margin. Gross Margin has fluctuated over the past 10 years, ranging from 12.4% in FY2021 to 15.4% in FY2023.
Based on SEC 10-K filings.
14.0% in FY2025 with a 5-year CAGR of +0.0%.
Declined from 15.4% to 14.0% over the past 2 years.
Consumer Discretionary sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +0.3pp
- 5-Year Change
- +0.0pp
- 10-Year Change
- -
Sector benchmark
Bottom 7% in Consumer DiscretionaryTop 93% of 120This company 14.0% Sector average 36.2%
▼
-61.3% below sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 3.3% year-over-year.
- Currently 22.2pp below the Consumer Discretionary sector average.
- Peak gross margin was recorded in FY2023.
- Lowest gross margin in the period was in FY2021.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 14.0% | -3.3% |
| FY2024 | 14.5% | -6.0% |
| FY2023 | 15.4% | +12.3% |
| FY2022 | 13.7% | +10.7% |
| FY2021 | 12.4% | -11.5% |
| FY2020 | 14.0% | -2.9% |
| FY2019 | 14.4% | +3.0% |
| FY2018 | 14.0% | -2.9% |
| FY2017 | 14.4% | +7.9% |
| FY2016 | 13.3% | +1.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026