Thule Group AB (publ) (THULE.ST)
Malmö, SE
Thule Group AB (publ) is a prominent company specializing in sports and outdoor equipment. Its comprehensive product range includes vehicle-mounted solutions such as roof racks, storage boxes, and specialized carriers for bicycles, water sports gear, winter sports equipment, and rooftop tents. For recreational vehicles and caravans, they offer awnings, bike carriers, and dedicated tents. The company also manufactures child transportation items like bike trailers, child seats for bicycles, and strollers. Additionally, their diverse offerings encompass various bags, including luggage, general backpacks, laptop and sport bags, hiking backpacks, camera bags, and protective cases for electronic devices. These goods are primarily marketed under their well-known Thule and Case Logic brands. Operating with a significant global presence, Thule Group conducts business throughout Sweden, the Nordic region, Germany, the broader European continent, the United States, other North American territories, Central and South America, and the Asia-Pacific Rim. The company was established in 1942 and its corporate headquarters are located in Malmö, Sweden.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.87% | -3.13% | +8.44% | +7.02% | -6.69% | -1.46% | -1.38% | -18.84% | -40.32% | +92.27% | +193.33% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 5 | 0 |
| Hold | 2 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Leisure: +7.6%+9.3% ★ Q1'26: -3.3% (vs Q1'25)
-
EPS growth Leisure: +13.2%-2.5% Q1'26: +9.7% (vs Q1'25)
-
FCF margin FCF growth · Leisure: +30.4%+9.4% Q1'26: -2.9% (vs Q1'25)
-
EBIT margin Leisure: +11.0%+15.7% ★ Q1'26: +16.5% (vs Q1'25)
-
ROIC Leisure: +6.9%+11.0% ★ Q1'26: +10.7% (vs Q1'25)
-
Share dilution Leisure: +0.0%+1.8% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Leisure: -0.39×2.61× Q1'26: 2.22× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 6 Rev. Ana. 4 EPS Ana. |
Dec 2027 6 Rev. Ana. 5 EPS Ana. |
Dec 2028 5 Rev. Ana. 4 EPS Ana. |
Dec 2029 2 Rev. Ana. 2 EPS Ana. |
Dec 2030 2 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
5.32B
est: 5.34B (-0.3%)
|
5.61B
est: 5.60B (+0.2%)
|
5.87B
est: 5.93B (-0.9%)
|
6.48B
est: 6.44B (+0.6%)
|
7.04B
est: 7.07B (-0.4%)
|
7.83B
est: 7.62B (+2.7%)
|
10.39B
est: 10.35B (+0.3%)
|
10.14B
est: 9.97B (+1.7%)
|
9.13B
est: 9.40B (-2.8%)
|
9.54B
est: 9.51B (+0.3%)
|
10.43B
est: 10.38B (+0.5%)
|
10.56B
10.42B – 10.75B
+1.8% YoY
|
11.20B
10.93B – 11.45B
+6.0% YoY
|
11.80B
11.75B – 11.85B
+5.4% YoY
|
12.51B
12.28B – 12.76B
+6.0% YoY
|
12.86B
12.61B – 13.11B
+2.7% YoY
|
| EBITDA |
895.00M
est: 1.12B (-20.3%)
|
1.01B
est: 1.18B (-14.4%)
|
1.14B
est: 1.25B (-8.8%)
|
1.25B
est: 1.36B (-8.2%)
|
1.34B
est: 1.49B (-10.1%)
|
1.73B
est: 1.60B (+7.9%)
|
2.50B
est: 2.18B (+14.8%)
|
1.93B
est: 2.10B (-7.9%)
|
1.84B
est: 1.86B (-1.0%)
|
1.89B
est: 1.88B (+0.8%)
|
1.64B
est: 2.05B (-20.3%)
|
2.09B
2.06B – 2.12B
+1.8% YoY
|
2.21B
2.16B – 2.26B
+6.0% YoY
|
2.33B
2.32B – 2.34B
+5.4% YoY
|
2.47B
2.42B – 2.52B
+6.0% YoY
|
2.54B
2.49B – 2.59B
+2.7% YoY
|
| EBIT |
819.00M
est: 1.00B (-18.5%)
|
935.00M
est: 1.05B (-11.3%)
|
1.07B
est: 1.12B (-4.2%)
|
1.17B
est: 1.21B (-3.6%)
|
1.20B
est: 1.33B (-9.7%)
|
1.58B
est: 1.43B (+10.5%)
|
2.34B
est: 1.95B (+20.3%)
|
1.74B
est: 1.88B (-7.6%)
|
1.58B
est: 1.68B (-6.2%)
|
1.61B
est: 1.70B (-5.3%)
|
1.64B
est: 1.86B (-12.0%)
|
1.89B
1.87B – 1.93B
+1.8% YoY
|
2.01B
1.96B – 2.05B
+6.0% YoY
|
2.11B
2.10B – 2.12B
+5.4% YoY
|
2.24B
2.20B – 2.29B
+6.0% YoY
|
2.30B
2.26B – 2.35B
+2.7% YoY
|
| Net Income |
444.00M
est: 600.38M (-26.0%)
|
676.00M
est: 688.71M (-1.8%)
|
707.00M
est: 769.43M (-8.1%)
|
837.00M
est: 862.42M (-2.9%)
|
883.00M
est: 931.38M (-5.2%)
|
1.17B
est: 1.13B (+2.8%)
|
1.79B
est: 1.81B (-1.3%)
|
1.28B
est: 1.30B (-2.3%)
|
1.10B
est: 1.14B (-3.9%)
|
1.12B
est: 1.17B (-4.3%)
|
1.11B
est: 1.14B (-2.4%)
|
1.28B
1.24B – 1.32B
+12.2% YoY
|
1.44B
1.32B – 1.57B
+12.8% YoY
|
1.61B
1.45B – 1.71B
+11.3% YoY
|
1.74B
1.69B – 1.78B
+8.0% YoY
|
—
— – —
-100.0% YoY
|
| SGA |
1.23B
est: 1.19B (+3.4%)
|
1.30B
est: 1.24B (+4.4%)
|
1.35B
est: 1.32B (+2.8%)
|
1.46B
est: 1.43B (+2.2%)
|
1.63B
est: 1.57B (+4.1%)
|
1.64B
est: 1.69B (-3.2%)
|
1.84B
est: 2.30B (-20.2%)
|
2.15B
est: 2.21B (-2.8%)
|
2.23B
est: 2.26B (-1.3%)
|
2.55B
est: 2.29B (+11.5%)
|
3.15B
est: 2.50B (+26.3%)
|
2.54B
2.51B – 2.59B
+1.8% YoY
|
2.70B
2.63B – 2.76B
+6.0% YoY
|
2.84B
2.83B – 2.85B
+5.4% YoY
|
3.01B
2.95B – 3.07B
+6.0% YoY
|
3.09B
3.04B – 3.16B
+2.7% YoY
|
| EPS |
4.44
est: 5.67 (-21.7%)
|
6.69
est: 6.50 (+2.9%)
|
6.93
est: 7.27 (-4.6%)
|
8.13
est: 8.14 (-0.2%)
|
8.56
est: 8.79 (-2.7%)
|
11.23
est: 10.71 (+4.9%)
|
17.12
est: 17.13 (-0.1%)
|
12.19
est: 12.32 (-1.0%)
|
10.45
est: 10.82 (-3.4%)
|
10.59
est: 10.86 (-2.5%)
|
10.33
est: 10.71 (-3.6%)
|
11.70
11.52 – 12.27
+9.3% YoY
|
13.28
12.27 – 14.53
+13.5% YoY
|
14.79
13.43 – 15.88
+11.4% YoY
|
16.10
15.70 – 16.52
+8.8% YoY
|
—
— – —
-100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-04-30 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-29 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-28 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-27 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-24 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-23 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-22 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-21 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-20 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-17 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-16 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares STOXX Europe Small 200 UCITS ETF (DE) EXSE.DE | 0.30% | 2.08M | 0.20% |
| 2 | iShares OMX Stockholm Capped UCITS ETF OM3X.DE | 0.26% | 566.9K | 0.10% |
| 3 | iShares STOXX Europe 600 Personal & Household Goods UCITS ETF (DE) EXH7.DE | 0.24% | 532.3K | 0.46% |
| 4 | WisdomTree Dynamic International SmallCap Equity ETF DDLS | 0.19% | 804.6K | 0.48% |
| 5 | WisdomTree International SmallCap Dividend Fund DLS | 0.19% | 1.94M | 0.58% |
| 6 | iShares MSCI Europe Small-Cap ETF IEUS | 0.15% | 258.6K | 0.41% |
| 7 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L | 0.15% | 5.03M | 0.30% |
| 8 | Schwab International Small-Cap Equity ETF SCHC | 0.09% | 4.85M | 0.06% |
| 9 | UBS MSCI World Small Cap Socially Responsible UCITS ETF USD dis WSCR.L | 0.09% | 709.8K | 0.23% |
| 10 | UBS MSCI World Small Cap Socially Responsible UCITS ETF USD acc WSCSRI.SW | 0.09% | 710.1K | 0.23% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Mattias Ankarberg | Chief Executive Officer & President | 15M | male |
| Andreas Hagglund | Senior Vice President of Supply Chain | — | — |
| Catharina Paulcén | Senior Vice President of Corporate Communications & Investor Relations | — | female |
| Daniel Larsson | Senior Vice President of Commercial | — | — |
| Helena Dino | Senior Vice President of Human Resources | — | female |
| Hilary Hartley | Senior Vice President of Global Business Development | — | male |
| Karl-Johan Magnusson | Senior Vice President of Product Development | — | male |
| Marianne Bonrud Hagelqvist | Head of Group Accounting | — | — |
| Peter Linderoth | Secretary | — | male |
| Aden Johnson | Vice President of Category Management | — | — |
| Toby James Lawton | Chief Financial Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for THULE.ST
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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