Recreational vehicles

4 companies · $20.4B combined revenue · $322M operating profit

The typical US-listed recreational vehicles company grew revenue -0% and earnings -31.3% in its latest year, at a 3.8% operating margin, and 0 of 4 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.

-0%Median revenue growth
-31.3%Median earnings growth
-5.8%Median revenue growth, 3 yrs
-23%Median earnings growth, 3 yrs
3.8%Median operating margin
6.2%Median ROCE

Growth engines: the 4 Cylinders

All four working: 0% of companies

A company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.

  • Sales growth · Revenue up 10% or more0%
  • Operating leverage · Operating income growing faster than a growing revenue0%
  • Margin expansion · Operating margin up 1 point or more0%
  • Debt reduction · Debt down 5% or more, or net cash100%

Combined revenue · 3 companies reporting in US dollars

Revenue
$0$10B$20B$30BFY22FY23FY24FY25

Combined operating margin

Operating margin
0%5%10%15%FY22FY23FY24FY25

All 4 companies

Median–-0%-31.3%3.8%6.2%1.30x
DOOBRPCAD 8.4B6.8%▲–4.7%▲10.6%▲4.00x▼
THOThor Industries$9.6B0.3%▲-31.3%3%▼5.3%▼0.20x▲
PIIPolaris$7.2B-0.3%▼-520%▼-4.9%▼-13.2%▼1.82x▼
HOGHarley-Davidson$3.6B-13.1%▼-25.6%▲10.7%▲7.2%▲0.79x▲

▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).