THOR Industries: Accelerating With Caution After The Potholes

  • THOR Industries is showing signs of recovery, with Q3 2025 revenue growth and improved profitability driven by strong Towable RV demand and inventory management. The RV market is rebounding, supported by rising domestic travel, lower oil prices, and generational interest, especially among Millennials and Gen Z. THO's liquidity is robust, with increased cash, positive free cash flow, and reduced borrowings, ensuring financial sustainability and flexibility.