Thor Is a Dominant RV Player

Founded in 1980 via the acquisition of Airstream, Thor Industries has grown to become the world’s largest recreational vehicle manufacturer. The company fabricates and sells a wide array of vehicles through three segments: North American towables, North American motorized, and Europe. Additionally, the company sells aftermarket component parts and digital solutions that are classified within its other segment. During fiscal 2023, the company generated 38% of sales from its North American towables segment and 30% of sales from its North American motorized segment, while Europe accounted for 27% of sales.