Below are the three companies in the Automobile Manufacturers industry with the highest operating margin. A healthy operating margin is required for a company to pay for its fixed costs and generate cash.
Thor Industries (NYSE:THO) is highest with an operating margin of 5.3%. Thor Industries, Inc. produces and sells a wide range of recreation vehicles, as well as small and mid-size buses. The Company markets its products through independent dealers located throughout the United States and Canada. Thor's products are sold under the Airstream Classic, Dutchmen, Skamper, Infinity, Four Winds, Citation, Signature, and other names. Thor Industries has traded 245,000 shares thus far today, vs. average volume of 717,000 shares per day. The stock has underperformed the Dow (-1.1% to the Dow's 0.2%) and underperformed the S&P 500 (-1.1% to the S&P's 0.1%) during today's trading.
Winnebago Industries (NYSE:WGO) is next with an operating margin of 5.2%.
Finishing up the top three is General Motors (NYSE:GM), with an operating margin of 4.5%.