| Stage | WGO | % of rev | THO | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $645M | 100.00% | $2.3B | 100.00% | THO ×3.58 |
| Gross profit | $81M | 12.51% | $286M | 12.36% | WGO +0.2pp |
| Operating income | $18M | 2.73% | $51M | 2.19% | WGO +0.5pp |
| Pre-tax income | $13M | 1.95% | $52M | 2.24% | THO +0.3pp |
| Net income | $10M | 1.50% | $41M | 1.79% | THO +0.3pp |
| Stage | WGO | THO | Gap · A − B |
|---|---|---|---|
| Revenue | $645M100.00% | $2.3B100.00% | THO ×3.58 |
| Gross profit | 12.51%$81M | 12.36%$286M | WGO +0.2pp |
| Operating income | 2.73%$18M | 2.19%$51M | WGO +0.5pp |
| Pre-tax income | 1.95%$13M | 2.24%$52M | THO +0.3pp |
| Net income |
| 1.50%$10M |
| 1.79%$41M |
| THO +0.3pp |
WGO 10-KOct 21 '26
“In the case of motorhome RV chassis, Mercedes-Benz (USA and Canada), Stellantis N.V., Freightliner Trucks, Ford Motor Company, and Spartan RV Chassis are our major suppliers.”
THO 10-KSep 22 '26
“Within North America, Class A motorhomes, generally constructed on medium-duty truck chassis, are supplied complete with engine and drivetrain components by motor vehicle manufacturers such as Ford, Freightliner and The Shyft Group.”
WGO · LCII 10-KFeb 21 '25
“Major customers include Thor Industries, Inc. (symbol: THO), Forest River, Inc. (a Berkshire Hathaway company, symbol: BRKA), and Winnebago Industries (symbol: WGO), as well as other RV OEMs.”
THO 10-KSep 22 '26
“Certain key components are currently produced by only a small group of suppliers that have the capacity to supply large quantities, primarily (1) motorized chassis, where there are a limited number of chassis suppliers, and (2) doors, towable frames, slide-out mechanisms, axles and upholstered furniture for our recreational vehicles, where LCI Industries is a major supplier for these items within the North American RV industry.”
WGO 10-KOct 21 '26
“In the case of motorhome RV chassis, Mercedes-Benz (USA and Canada), Stellantis N.V., Freightliner Trucks, Ford Motor Company, and Spartan RV Chassis are our major suppliers.”
THO 10-KSep 22 '26
“Motorcaravans include various types such as integrated, semi-integrated and alcove, and are generally constructed on light-duty truck chassis, supplied complete with engine and drivetrain components by chassis manufacturers such as Stellantis, Mercedes-Benz, Volkswagen and Ford.”