• Thor Industries average ebitda margin for 2023 was 8.49%, a 22.11% decline from 2022.
• Thor Industries average ebitda margin for 2022 was 10.9%, a 19.39% decline from 2021.
• Thor Industries average ebitda margin for 2021 was 9.13%, a 28.05% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.