Thor Industries (LTS:0LF8) Market Share % : 0.00% (As of . 20)

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What is Thor Industries Market Share %?

Market Share % represents percent of total sales in an industry generated by a particular company over a specified time period. The higher the value, the bigger the company is within the industry.

The historical rank and industry rank for Thor Industries's Market Share % or its related term are showing as below:

LTS:0LF8's Market Share % is not ranked ^*
in the Vehicles & Parts industry.
Industry Median:
* Ranked among companies with meaningful Market Share % only.

Thor Industries Market Share % Historical Data

The historical data trend for Thor Industries's Market Share % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Thor Industries Market Share % Chart

Thor Industries (LTS:0LF8) Market Share % Explanation

Market Share % is the percent of total sales in an industry generated by a particular company over a specified time period. It is calculated by taking the company's sales over the period and dividing it by the total sales of the industry over the same period. This metric gives a general idea of the size of a company in relation to its market and its competitors. The higher the market share, the bigger the company is within the industry. The market leader in an industry tends to have the largest market share.

The decrease or increase in market share is an important indicator for investors because it can be a sign of the relative competitiveness of the company's products or services. As the total market for a product or service always tends to grow, if the company can maintain or even grow its market share, then it suggests the company’s revenue is increasing at the same rate or even a higher rate compared to the overall industry.

Increases in market share can allow a company to achieve greater competitive advantages and thus improve profitability. The market share can be increased by making innovations, improving production efficiency, strengthening customer loyalty, acquisitions and so on.

Thor Industries (LTS:0LF8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thor Industries Inc (LTS:0LF8) » Definitions » Market Share %

Comparable Companies

Traded in Other Exchanges

THO:USA TIV:Germany

Address

601 East Beardsley Avenue, Elkhart, IN, USA, 46514-3305

Website

https://www.thorindustries.com

Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth wheel towables across over 30 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motorcaravans, campervans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts through the acquisition of Airxcel in 2021, however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2023, the company wholesaled 187,015 units and generated over $11.1 billion in revenue.

Thor Industries (LTS:0LF8) Headlines

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