
Four NYSE companies raised their dividends within a single week, but a closer look at the coverage ratios, balance sheets, and business risks reveals that some of these payouts stand on far shakier ground than the headline increases suggest.
Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs) and related parts and accessories in the United States, Canada, and Europe. The company is headquartered in Elkhart, Indiana.
| Revenue (TTM) | $9.61B |
| Gross Profit (TTM) | $1.21B |
| EBITDA | $463.43M |
| Operating Margin | 2.19% |
| Return on Equity | 4.09% |
| Return on Assets | 1.76% |
| Revenue/Share (TTM) | $183.48 |
| Book Value | $82.56 |
| Price-to-Book | 0.88 |
| Price-to-Sales (TTM) | 0.37 |
| EV/Revenue | 0.429 |
| EV/EBITDA | 7.60 |
| Quarterly Earnings Growth (YoY) | -66.50% |
| Quarterly Revenue Growth (YoY) | -8.40% |
| Shares Outstanding | $51.61M |
| Float | $49.13M |
| % Insiders | 4.68% |
| % Institutions | 108.65% |
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Four NYSE companies raised their dividends within a single week, but a closer look at the coverage ratios, balance sheets, and business risks reveals that some of these payouts stand on far shakier ground than the headline increases suggest.

ELKHART, Ind., Oct. 13, 2026 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its October 13, 2026 meeting, the payment of a regular quarterly cash dividend of $0.54 per share.

Thor Industries NYSE: THO is not an exciting stock, but that lack of excitement is what makes it such a good one to buy and hold. Beyond its core business of manufacturing RVs, Thor Industries drives consistent cash flows that sustain balance sheet health while paying dividends and buying back shares.

THOR Industries misses Q4 earnings estimates as North American margin pressure offsets resilient European sales and a 7.4% revenue beat.

A grand total of zero monthly or quarterly economic reports have come out so far this week.

The headline numbers for Thor Industries (THO) give insight into how the company performed in the quarter ended July 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

THOR Industries, Inc. reported Q4 revenue of $2.31B, beating estimates, but GAAP EPS missed, and both metrics declined year-over-year amid weak consumer demand. NA RV segments saw significant volume and margin contraction, while the European market delivered modest growth and partially offset North American softness. THO maintains a strong balance sheet with $482M cash, $865M debt, and robust interest coverage, supporting flexibility during the ongoing industry downcycle.

Thor Industries (THO) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $2.31 per share a year ago.

Thor Industries had a challenging fiscal 2026, and the company said many of the headwinds it faced are expected to continue to plague its business in the year ahead.

Financial Highlights ($ in thousands, except for per share data) Three Months Ended July 31, Change Fiscal Years Ended July 31, Change 2026 2025 2026 2025 Net Sales $ 2,311,628 $ 2,523,783 (8.4) % $ 9,608,145 $ 9,579,490 0.3 % Gross Profit $ 285,632 $ 370,883 (23.0) % $ 1,212,630 $ 1,340,641 (9.5) % Gross Profit Margin % 12.4 % 14.7 % (230) bps 12.6 % 14.0 % (140) bps Net Income Attributable to THOR $ 40,838 $ 125,757 (67.5) % $ 177,539 $ 258,559 (31.3) % Diluted Earnings Per Share $ 0.78 $ 2.36 (66.9) % $ 3.38 $ 4.84 (30.2) % EBITDA (1) $ 130,004 $ 224,804 (42.2) % $ 541,912 $ 615,839 (12.0) % Adjusted EBITDA (1) $ 131,737 $ 209,506 (37.1) % $ 544,357 $ 659,126 (17.4) % (1) See reconciliation of non-GAAP measures to the most directly comparable GAAP financial measures included at the end of this release Fiscal 2026 Fourth Quarter Net sales of $2.31 billion, Net income attributable to THOR of $40.8 million and EBITDA of $130.0 million in the quarter European segment continues to provide valuable geographic diversification with resilient results relative to a pressured North American market Used our strong liquidity position advantageously, repurchasing an additional $34.3 million of shares during the quarter Independent dealer inventory turns improved compared to the prior quarter, with dealer inventory at healthy levels entering our fiscal 2027 Adjusted EBITDA of $131.7 million in the quarter excludes, among other items, nonrecurring costs associated with strategic reorganization initiatives and the impact of gains on investments Fiscal Year 2026 Net sales of $9.61 billion, Net income attributable to THOR of $177.5 million and EBITDA of $541.9 million for the fiscal year Net sales for the European segment increased 3.1% on a constant currency basis compared to the prior year, and the segment is well positioned for the coming fiscal year following restructuring initiatives to optimize its production capacities and further improve its gross margin profile Prudently deployed capital during a muted retail market, reducing debt by $59.7 million and repurchasing shares of $115.1 million during the fiscal year Further year-over-year content-per-unit ("CPU") growth within our owned supplier group as our strategic growth strategy for these businesses advances ELKHART, Ind., Sept. 22, 2026 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) today announced financial results for its fiscal 2026 fourth quarter and full year ended July 31, 2026.
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