Thor Industries Inc (THO) — Tangible Net Worth Ratio
Thor Industries Inc (THO) has a Tangible Net Worth Ratio of 87.4% as of October 2025. This metric is calculated by deducting intangible assets ($734.05 Million) from net assets ($5.80 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Thor Industries Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Thor Industries Inc Tangible Net Worth Ratio (1986–2025)
This chart shows how Thor Industries Inc's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of October 2025, the ratio stands at 87.4%, reflecting net assets of $5.80 Billion with intangible assets of $734.05 Million USD. See Thor Industries Inc (THO) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Thor Industries Inc (1986–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Thor Industries Inc from 1986 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Thor Industries Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 82.3% | $4.29 Billion | $758.76 Million | $7.07 Billion | ▲ +3.4 pp |
| 2024 | 78.9% | $4.07 Billion | $861.13 Million | $7.02 Billion | ▲ +3.9 pp |
| 2023 | 75.0% | $3.98 Billion | $996.98 Million | $7.26 Billion | ▲ +6.0 pp |
| 2022 | 69.0% | $3.60 Billion | $1.12 Billion | $7.41 Billion | ▲ +0.8 pp |
| 2021 | 68.2% | $2.95 Billion | $937.17 Million | $6.65 Billion | ▲ +7.2 pp |
| 2020 | 61.0% | $2.35 Billion | $914.72 Million | $5.77 Billion | ▲ +7.3 pp |
| 2019 | 53.7% | $2.10 Billion | $970.81 Million | $5.66 Billion | ▼ -26.3 pp |
| 2018 | 80.0% | $1.94 Billion | $388.35 Million | $2.78 Billion | ▲ +8.1 pp |
| 2017 | 71.9% | $1.58 Billion | $443.47 Million | $2.56 Billion | ▲ +12.0 pp |
| 2016 | 59.9% | $1.27 Billion | $507.39 Million | $2.33 Billion | ▼ -24.2 pp |
| 2015 | 84.1% | $1.07 Billion | $169.02 Million | $1.50 Billion | ▼ -3.6 pp |
| 2014 | 87.7% | $977.70 Million | $119.78 Million | $1.41 Billion | ▼ -1.3 pp |
| 2013 | 89.0% | $892.61 Million | $97.75 Million | $1.33 Billion | ▲ +2.5 pp |
| 2012 | 86.6% | $850.83 Million | $114.23 Million | $1.24 Billion | ▲ +1.6 pp |
| 2011 | 85.0% | $836.27 Million | $125.25 Million | $1.20 Billion | ▼ -12.7 pp |
| 2010 | 97.7% | $657.28 Million | $14.94 Million | $964.07 Million | ▼ -0.4 pp |
| 2009 | 98.1% | $705.03 Million | $13.34 Million | $951.12 Million | ▲ +0.3 pp |
| 2008 | 97.9% | $699.70 Million | $14.99 Million | $996.56 Million | ▼ -0.1 pp |
| 2007 | 97.9% | $766.33 Million | $15.81 Million | $1.06 Billion | ▲ +0.3 pp |
| 2006 | 97.7% | $713.10 Million | $16.74 Million | $1.01 Billion | ▲ +28.3 pp |
| 2005 | 69.3% | $597.39 Million | $183.35 Million | $857.88 Million | ▼ -0.1 pp |
| 2004 | 69.4% | $511.60 Million | $156.71 Million | $762.59 Million | ▲ +3.8 pp |
| 2003 | 65.5% | $414.82 Million | $142.96 Million | $608.94 Million | ▲ +7.1 pp |
| 2002 | 58.4% | $334.62 Million | $139.22 Million | $497.50 Million | ▼ -36.9 pp |
| 2001 | 95.3% | $219.95 Million | $10.38 Million | $309.07 Million | ▲ +2.3 pp |
| 2000 | 93.0% | $195.20 Million | $13.72 Million | $282.13 Million | ▲ +2.3 pp |
| 1999 | 90.6% | $165.40 Million | $15.50 Million | $245.90 Million | ▲ +2.9 pp |
| 1998 | 87.7% | $138.20 Million | $17.00 Million | $214.00 Million | ▲ +4.9 pp |
| 1997 | 82.8% | $122.40 Million | $21.00 Million | $175.40 Million | ▼ -2.0 pp |
| 1996 | 84.8% | $119.20 Million | $18.10 Million | $175.90 Million | ▲ +2.4 pp |
| 1995 | 82.4% | $107.90 Million | $19.00 Million | $148.50 Million | ▲ +2.2 pp |
| 1994 | 80.2% | $95.90 Million | $19.00 Million | $142.40 Million | ▲ +4.8 pp |
| 1993 | 75.4% | $80.80 Million | $19.90 Million | $122.70 Million | ▲ +14.6 pp |
| 1992 | 60.8% | $71.10 Million | $27.90 Million | $124.20 Million | ▼ -21.1 pp |
| 1991 | 81.9% | $40.80 Million | $7.40 Million | $73.80 Million | ▼ -10.3 pp |
| 1990 | 92.2% | $40.90 Million | $3.20 Million | $56.90 Million | ▲ +0.3 pp |
| 1989 | 91.9% | $40.50 Million | $3.30 Million | $58.70 Million | ▲ +0.9 pp |
| 1988 | 90.9% | $37.50 Million | $3.40 Million | $57.40 Million | ▲ +1.8 pp |
| 1987 | 89.2% | $32.30 Million | $3.50 Million | $55.00 Million | ▲ +4.4 pp |
| 1986 | 84.8% | $24.30 Million | $3.70 Million | $41.40 Million | — |