Thule Group Overview

  • Founded
  • 1942

  • Status
  • Public

  • Employees
  • 2,770

  • Stock Symbol

Stock Symbol
  • Investments
  • 12

  • Share Price
  • $24.22

  • (As of Friday Closing)

Thule Group General Information


Thule Group AB is a manufacturer of sports and outdoor products. The company's product portfolio includes roof racks, bike racks, rooftop tents, camera bags, hiking backpacks and luggage, bicycle trailers, and tents for RVs, among others. The business is divided into two operating segments based on geographical regions: Region Europe and ROW, and Region Americas. A vast majority of the company's revenue is earned by the sports and cargo carrier products, and more than half of the revenue is earned in the European and Nordic regions. While the company produces products under several different brands, the core Thule brand accounts for the vast majority of net sales.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Recreational Goods
Other Industries
Other Consumer Durables
Stock Exchange
Primary Office
  • Fosievägen 13
  • 214 31 Malmo
  • Sweden
+46 040-635 00 00

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Thule Group Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$24.22 $23.85 $17.73 - $61.53 $2.53B 105M 361K $1.43

Thule Group Financials Summary

In Thousands,
TTM 30-Sep-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 2,346,960 6,392,621 4,002,041 2,581,283
Revenue 1,068,830 1,209,382 848,998 744,101
EBITDA 194,775 289,129 186,111 140,616
Net Income 149,469 208,434 126,460 93,356
Total Assets 1,131,212 1,126,211 1,029,857 886,130
Total Debt 273,203 178,788 133,608 255,090
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Thule Group Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Thule Group Comparisons

HQ Location
Total Raised
Post Valuation
Last Financing Details
Thule Group AB is a manufacturer of sports and outdoor products. The company's product portfolio includes roof racks, bi
Recreational Goods
Malmo, Sweden
2,770 As of 2022
00000000000 00000


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000000000000 00000
Lake Oswego, OR
00 As of 0000
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Thule Group Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
000000 00000000 Formerly PE-Backed Lake Oswego, OR 00 0000
You’re viewing 1 of 1 competitors. Get the full list »

Thule Group Patents

Thule Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-202022103115-U1 Carrier system with a subdividable carrier and with an insert for receiving the subdividable carrier Active 01-Jun-2022 00000000
DE-202022101497-U1 Piece of luggage Active 22-Mar-2022 00000000
DE-202021105527-U1 Pulling harness for a stroller Active 12-Oct-2021 000000000
DE-202021104843-U1 Weather protection cover for a stroller Active 08-Sep-2021 000000000
EP-4094993-A1 Tightening member, clamp member and clamp assembly Pending 27-May-2021 B60R9/055
To view Thule Group’s complete patent history, request access »

Thule Group Executive Team (8)

Name Title Board Seat Contact Info
Magnus Welander Chief Executive Officer & President
Jonas Lindqvist Chief Financial Officer, Finance
Edgerly Jeffrey Senior Project Manager
Fredrik Erlandsson Senior Vice President, Communications and Investor Relations
You’re viewing 4 of 8 executive team members. Get the full list »

Thule Group Board Members (11)

Name Representing Role Since
00000 00000 Thule Group Chairman & Board Member 000 0000
0000 0000000000 Self Board Member 000 0000
0000 00000000ö0 Self Board Member 000 0000
0000000 000000000 Thule Group Board Member 000 0000
0000000 0000000000 Thule Group Board Member 000 0000
You’re viewing 5 of 11 board members. Get the full list »

Thule Group Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Thule Group Investments & Acquisitions (12)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 000000 30-Dec-2019 0000000000 00.000 Recreational Goods 000000 00
00000 0000000 18-Dec-2018 0000000000 00.00 Building Products 000000 00
0000 000 05-Jul-2016 0000000000 000.00 Recreational Goods 000000 00
00000000 0000 29-Aug-2012 0000000000 Buildings and Property 000000 00
Chariot Carriers 31-May-2011 Buyout/LBO Recreational Goods 000000 00
You’re viewing 5 of 12 investments and acquisitions. Get the full list »

Thule Group Subsidiaries (3)

Company Name Industry Location Founded
Denver Outfitters Recreational Goods Denver, CO 2010
0000 00000 Accessories Longmont, CO 0000
000000000 00000000 Recreational Goods Seymour, CT
To view Thule Group’s complete subsidiaries history, request access »

Thule Group Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000 0000000 000 01-Oct-2007 0000000000 Completed
  • 2 buyers
Brink Group 07-Sep-2006 Buyout/LBO Completed
  • 4 buyers
To view Thule Group’s complete exits history, request access »