Thor Industries Inc (THO) — Capital Reinvestment Ratio
Thor Industries Inc (THO) has a Capital Reinvestment Ratio of 0.16x as of April 2026, meaning it reinvests 0% of its operating cash flow ($234.15 Million) in capital expenditures ($38.12 Million). Check THO tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Thor Industries Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Thor Industries Inc's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Thor Industries Inc.
Annual Capital Reinvestment Ratio for Thor Industries Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Thor Industries Inc from 1989 to 2025. See Thor Industries Inc (THO) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.21x | $577.92 Million | $122.99 Million | ▼ -16.9% |
| 2024 | 0.26x | $545.55 Million | $139.63 Million | ▲ +20.7% |
| 2023 | 0.21x | $981.63 Million | $208.19 Million | ▼ -13.3% |
| 2022 | 0.24x | $990.25 Million | $242.36 Million | ▲ +0.0% |
| 2021 | 0.24x | $526.48 Million | $128.84 Million | ▲ +24.1% |
| 2020 | 0.20x | $540.94 Million | $106.70 Million | ▼ -23.1% |
| 2019 | 0.26x | $508.02 Million | $130.22 Million | ▼ -13.5% |
| 2018 | 0.30x | $466.51 Million | $138.20 Million | ▲ +8.0% |
| 2017 | 0.27x | $419.33 Million | $115.03 Million | ▲ +80.1% |
| 2016 | 0.15x | $341.21 Million | $51.98 Million | ▼ -10.7% |
| 2015 | 0.17x | $247.86 Million | $42.28 Million | ▼ -16.3% |
| 2014 | 0.20x | $149.26 Million | $30.41 Million | ▲ +21.6% |
| 2013 | 0.17x | $145.07 Million | $24.30 Million | ▲ +97.9% |
| 2012 | 0.08x | $118.84 Million | $10.06 Million | ▼ -71.2% |
| 2011 | 0.29x | $114.80 Million | $33.75 Million | ▲ +140.6% |
| 2010 | 0.12x | $100.65 Million | $12.30 Million | ▲ +5.5% |
| 2009 | 0.12x | $48.57 Million | $5.62 Million | ▼ -2.3% |
| 2008 | 0.12x | $122.11 Million | $14.47 Million | ▲ +102.1% |
| 2007 | 0.06x | $232.75 Million | $13.65 Million | ▼ -73.3% |
| 2006 | 0.22x | $137.26 Million | $30.17 Million | ▼ -39.4% |
| 2005 | 0.36x | $131.34 Million | $47.67 Million | ▲ +12.1% |
| 2004 | 0.32x | $83.22 Million | $26.94 Million | ▼ -45.8% |
| 2003 | 0.60x | $45.67 Million | $27.26 Million | ▲ +967.8% |
| 2002 | 0.06x | $133.87 Million | $7.48 Million | ▼ -93.2% |
| 2001 | 0.82x | $21.02 Million | $17.20 Million | ▼ -13.9% |
| 2000 | 0.95x | $14.63 Million | $13.91 Million | ▲ +363.8% |
| 1999 | 0.20x | $36.10 Million | $7.40 Million | ▼ -30.0% |
| 1998 | 0.29x | $40.30 Million | $11.80 Million | ▲ +266.0% |
| 1997 | 0.08x | $22.50 Million | $1.80 Million | ▼ -80.6% |
| 1996 | 0.41x | $11.40 Million | $4.70 Million | ▼ -58.0% |
| 1995 | 0.98x | $5.30 Million | $5.20 Million | ▲ +198.9% |
| 1994 | 0.33x | $13.10 Million | $4.30 Million | ▲ +44.1% |
| 1993 | 0.23x | $7.90 Million | $1.80 Million | ▼ -88.6% |
| 1992 | 2.00x | $1.00 Million | $2.00 Million | ▲ +440.0% |
| 1991 | 0.37x | $2.70 Million | $1.00 Million | ▼ -90.3% |
| 1989 | 3.80x | $500.00K | $1.90 Million | — |