Thor industries announces fiscal 2025 fourth quarter and full year results
Reports solid results amidst improving market share, retail sales trends financial highlights ($ in thousands, except for per share data) three months ended july 31, change fiscal years ended july 31, change 2025 2024 2025 2024 net sales $ 2,523,783 $ 2,534,167 (0.4)% $ 9,579,490 $ 10,043,408 (4.6)% gross profit $ 370,883 $ 401,331 (7.6)% $ 1,340,641 $ 1,451,962 (7.7)% gross profit margin % 14.7% 15.8% (110) bps 14.0% 14.5% (50) bps net income attributable to thor $ 125,757 $ 90,015 39.7% $ 258,559 $ 265,308 (2.5)% diluted earnings per share $ 2.36 $ 1.68 40.5% $ 4.84 $ 4.94 (2.0)% cash flows from operations $ 258,674 $ 338,016 (23.5)% $ 577,923 $ 545,548 5.9% ebitda(1) $ 224,804 $ 219,025 2.6% $ 615,839 $ 714,655 (13.8)% adjusted ebitda(1) $ 209,506 $ 218,392 (4.1)% $ 659,126 $ 730,095 (9.7)% (1) see reconciliation of non-gaap measures to most directly comparable gaap financial measures included at the end of this release fiscal 2025 fourth quarter revenue of $2.52 billion and adjusted ebitda of $209.5 million in the quarter. adjusted ebitda excludes the favorable impacts related to fixed asset sales and business interruption insurance, as well as nonrecurring costs associated with strategic reorganization initiatives the north american towable and north american motorized segments saw market share inflect in the period as strategic initiatives executed throughout the fiscal year continued to gain traction dealer inventory turns improved sequentially and the channel is appropriately positioned heading into the fall strategic organizational restructuring progressed during the quarter and puts thor in a favorable position to achieve additional operating efficiencies fiscal year 2025 generated revenue of $9.58 billion and adjusted ebitda of $659.1 million, which contributed to increased year-over-year cash from operations as management continues to execute on our proven operating model reduced the company's total debt obligations with payments of approximately $237.0 million made during fiscal 2025 and returned $158.8 million to shareholders in the form of dividends and stock repurchases launched a strategic organizational restructuring plan to optimize the enterprise structure and strengthen the brand portfolio elkhart, ind.
