Thor Industries Inc (THO) — Tangible Net Worth Ratio
Thor Industries Inc (THO) has a Tangible Net Worth Ratio of 84.2% as of April 2026. This metric is calculated by deducting intangible assets ($682.11 Million) from net assets ($4.31 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 THO net assets for net asset value and shareholders' equity analysis.
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 April 2026, the ratio stands at 84.2%, reflecting net assets of $4.31 Billion with intangible assets of $682.11 Million USD. Also explore Thor Industries Inc equity growth rate to track the company's year-over-year net asset growth rate.
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 THO market cap overview.
| 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 | — |