THO vs. AZO

Last updated Apr 1, 2026

Compare and contrast key facts about Thor Industries, Inc. (THO) and AutoZone, Inc. (AZO).

Performance

THO vs. AZO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thor Industries, Inc. (THO) and AutoZone, Inc. (AZO). The values are adjusted to include any dividend payments, if applicable.

THO vs. AZO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
THO Thor Industries, Inc.	-21.80%	9.74%	-17.90%	59.77%	-25.57%	13.26%	27.97%	46.47%	-64.79%	52.43%
AZO AutoZone, Inc.	-0.40%	5.92%	23.84%	4.84%	17.64%	76.84%	-0.49%	42.10%	17.85%	-9.93%

Fundamentals

EPS THO : $5.65 AZO : $142.46
PE Ratio THO : 14.13 AZO : 23.71
PS Ratio THO : 0.43 AZO : 2.96
Total Revenue (TTM) THO : $9.93B AZO : $19.61B
Gross Profit (TTM) THO : $1.39B AZO : $10.17B
EBITDA (TTM) THO : $658.19M AZO : $4.19B

Returns By Period

In the year-to-date period, THO achieves a -21.80% return, which is significantly lower than AZO's -0.40% return. Over the past 10 years, THO has underperformed AZO with an annualized return of 4.27%, while AZO has yielded a comparatively higher 15.41% annualized return.

THO

• 1D: 2.12%
• 1M: -16.89%
• YTD: -21.80%
• 6M: -22.20%
• 1Y: 7.78%
• 3Y*: 2.19%
• 5Y*: -8.45%
• 10Y*: 4.27%

AZO

• 1D: 1.06%
• 1M: -10.06%
• YTD: -0.40%
• 6M: -21.27%
• 1Y: -11.41%
• 3Y*: 11.18%
• 5Y*: 18.94%
• 10Y*: 15.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

THO vs. AZO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

THO

THO Risk / Return Rank: 46
THO Sharpe Ratio Rank: 49
THO Sortino Ratio Rank: 44
THO Omega Ratio Rank: 44
THO Calmar Ratio Rank: 46
THO Martin Ratio Rank: 48

AZO

AZO Risk / Return Rank: 24
AZO Sharpe Ratio Rank: 22
AZO Sortino Ratio Rank: 20
AZO Omega Ratio Rank: 21
AZO Calmar Ratio Rank: 30
AZO Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

THO vs. AZO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thor Industries, Inc. (THO) and AutoZone, Inc. (AZO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	THO	AZO	Difference
Sharpe ratio Return per unit of total volatility	0.19	-0.45	+0.64
Sortino ratio Return per unit of downside risk	0.57	-0.46	+1.03
Omega ratio Gain probability vs. loss probability	1.07	0.94	+0.13
Calmar ratio Return relative to maximum drawdown	0.16	-0.41	+0.57
Martin ratio Return relative to average drawdown	0.55	-0.88	+1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

THO vs. AZO - Sharpe Ratio Comparison

The current THO Sharpe Ratio is 0.19, which is higher than the AZO Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of THO and AZO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	THO	AZO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	-0.45	+0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	0.80	-1.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	0.59	-0.49
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.64	-0.30

Correlation

The correlation between THO and AZO is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

THO vs. AZO - Dividend Comparison

THO's dividend yield for the trailing twelve months is around 2.55%, while AZO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
THO Thor Industries, Inc.	2.55%	1.97%	1.53%	1.57%	2.33%	1.62%	1.74%	2.13%	2.92%	0.93%	1.26%	2.03%
AZO AutoZone, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

THO vs. AZO - Drawdown Comparison

The maximum THO drawdown since its inception was -79.55%, which is greater than AZO's maximum drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for THO and AZO.

Drawdown Indicators

	THO	AZO	Difference
Max Drawdown Largest peak-to-trough decline	-79.55%	-46.32%	-33.23%
Max Drawdown (1Y) Largest decline over 1 year	-37.51%	-25.48%	-12.03%
Max Drawdown (5Y) Largest decline over 5 years	-52.16%	-25.48%	-26.68%
Max Drawdown (10Y) Largest decline over 10 years	-76.94%	-42.14%	-34.80%
Current Drawdown Current decline from peak	-42.02%	-22.43%	-19.59%
Average Drawdown Average peak-to-trough decline	-24.06%	-10.82%	-13.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.91%	11.80%	-0.89%

Volatility

THO vs. AZO - Volatility Comparison

Thor Industries, Inc. (THO) has a higher volatility of 12.76% compared to AutoZone, Inc. (AZO) at 9.54%. This indicates that THO's price experiences larger fluctuations and is considered to be riskier than AZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	THO	AZO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.76%	9.54%	+3.22%
Volatility (6M) Calculated over the trailing 6-month period	28.00%	19.69%	+8.31%
Volatility (1Y) Calculated over the trailing 1-year period	40.84%	25.29%	+15.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.82%	23.77%	+17.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.16%	26.16%	+18.00%

Financials

THO vs. AZO - Profitability Comparison

The chart below illustrates the profitability comparison between Thor Industries, Inc. and AutoZone, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

THO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Thor Industries, Inc. reported a gross profit of 251.25M and revenue of 2.13B. Therefore, the gross margin over that period was 11.8%.

AZO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AutoZone, Inc. reported a gross profit of 2.24B and revenue of 4.27B. Therefore, the gross margin over that period was 52.5%.

THO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Thor Industries, Inc. reported an operating income of 39.23M and revenue of 2.13B, resulting in an operating margin of 1.9%.

AZO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AutoZone, Inc. reported an operating income of 698.46M and revenue of 4.27B, resulting in an operating margin of 16.3%.

THO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Thor Industries, Inc. reported a net income of 17.80M and revenue of 2.13B, resulting in a net margin of 0.8%.

AZO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AutoZone, Inc. reported a net income of 468.86M and revenue of 4.27B, resulting in a net margin of 11.0%.