THOR INDUSTRIES INC (THO) [Rocket]

In millions, except per share items	Jul-31-22	Jul-31-21	Jul-31-20	Jul-31-19	Jul-31-18	Jul-31-17	Jul-31-16	Jul-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Recreational vehicles	2,887.5	3,200.1	2,485.4	7,694.8	8,155.0	7,099.0	4,432.9	3,967.2
Corporate and Eliminations				263.4	305.9	253.6	218.7
Other	13,425.1	9,117.3	5,682.5					39.6
Total revenues	16,312.5	12,317.4	8,167.9	7,864.8	8,328.9	7,247.0	4,582.1	4,006.8
Revenue growth [+]	32.4%	50.8%	3.9%	-5.6%	14.9%	58.2%	14.4%	13.7%
Recreational vehicles	-9.8%	28.8%	-67.7%	-5.6%	14.9%	60.1%	11.7%	12.5%
Corporate and Eliminations				-13.9%	20.7%	16.0%
Cost of goods sold	13,506.5	10,422.4	7,049.7	6,891.7	7,164.2	6,203.4	3,855.8	3,449.3
Gross profit	2,806.0	1,895.0	1,118.2	973.1	1,164.7	1,043.6	726.3	557.5
Gross margin	17.2%	15.4%	13.7%	12.4%	14.0%	14.4%	15.9%	13.9%
Selling, general and administrative	1,116.5	869.9	634.1	536.0	477.4	419.8	306.3	250.9
Other operating expenses				9.5
EBITDA [+]	1,817.1	1,138.5	583.0	500.7	725.3	658.1	444.7	322.0
EBITDA growth	59.6%	95.3%	16.4%	-31.0%	10.2%	48.0%	38.1%	17.3%
EBITDA margin	11.1%	9.2%	7.1%	6.4%	8.7%	9.1%	9.7%	8.0%
Depreciation	127.5	113.4	98.9	73.1	38.1	34.3	24.6	15.4
EBITA	1,689.6	1,025.1	484.1	427.6	687.2	623.7	420.1	306.7
EBITA margin	10.4%	8.3%	5.9%	5.4%	8.3%	8.6%	9.2%	7.7%
Amortization of intangibles	156.9	117.2	97.2	75.6	55.1	63.9	28.0	16.0
EBIT [+]	1,532.6	907.9	386.9	351.9	632.1	559.8	392.1	290.6
EBIT growth	68.8%	134.7%	9.9%	-44.3%	12.9%	42.8%	34.9%	16.8%
EBIT margin	9.4%	7.4%	4.7%	4.5%	7.6%	7.7%	8.6%	7.3%
Non-recurring items [+]			10.1	114.9			9.1
Asset impairment			10.1				9.1
Interest expense, net [+]	90.1	93.5	104.2	60.0	3.0	8.8	0.8	-1.1
Interest expense	91.2	94.3	107.3	68.1	5.2	9.7	1.6	0.2
Interest income	1.1	0.8	3.1	8.1	2.1	0.9	0.7	1.3
Other income (expense), net [+]	17.3	30.3	0.3	7.6	4.0	5.4	1.2	1.1
Other	17.3	30.3	0.3	-1.8	4.0	5.4	1.2	1.1
Pre-tax income	1,459.9	844.6	272.9	184.7	633.0	556.4	383.3	292.9
Income taxes	321.6	183.7	51.5	52.2	202.9	182.1	125.3	90.9
Tax rate	22.0%	21.8%	18.9%	28.3%	32.0%	32.7%	32.7%	31.0%
Minority interest	0.4	1.0	-1.6	-0.8
Earnings from continuing ops	1,137.8	659.9	223.0	133.3	430.2	374.3	258.0	202.0
Earnings from discontinued ops							-1.5	-2.6
Net income	1,137.8	659.9	223.0	133.3	430.2	374.3	256.5	199.4
Net margin	7.0%	5.4%	2.7%	1.7%	5.2%	5.2%	5.6%	5.0%

Basic EPS [+]	$20.67	$11.93	$4.04	$2.47	$8.17	$7.12	$4.92	$3.80
Growth	73.4%	195.1%	63.5%	-69.7%	14.7%	44.8%	29.5%	15.3%
Diluted EPS [+]	$20.59	$11.85	$4.02	$2.47	$8.14	$7.09	$4.91	$3.79
Growth	73.7%	194.4%	63.2%	-69.7%	14.7%	44.6%	29.4%	15.3%

Dividends per share [+]	$1.72	$1.64	$1.60	$1.56	$1.48	$1.32	$1.20	$1.08
Growth	4.9%	2.5%	2.6%	5.4%	12.1%	10.0%	11.2%	17.3%

Shares outstanding (basic) [+]	55.0	55.3	55.2	53.9	52.7	52.6	52.5	53.2
Growth	-0.5%	0.3%	2.4%	2.3%	0.2%	0.2%	-1.3%	-0.2%
Shares outstanding (diluted) [+]	55.3	55.7	55.4	54.0	52.9	52.8	52.6	53.3
Growth	-0.8%	0.5%	2.5%	2.2%	0.2%	0.3%	-1.3%	-0.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.