Thermon Group Holdings, Inc.

Thermon Group Holdings, Inc.

THRยทNYSE

$61.16

-8.5%
IndustrialsIndustrial - Machinery

Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide. Its products include electric heating products, such as air heaters and heating accessories, boilers and calorifiers, controlling and monitoring solutions, heat tracing systems, tank heating systems, thermostats, tubing bundles, and system accessories, as well as strip, tubular, immersion, and process heaters; and gas heating products, including enclosure and explosion proof gas catalytic heaters, gas fired blowers, and gas heating accessories that comprise regulators, valves, mounting brackets, and battery cables. The company also offers specialty products, which include CEMS and analytical systems, commercial construction products and services, control panels, engineered products, compressed gas scrubbing systems, temporary power solutions, and snow clearing devices for rail track and switch equipment; and steam heating solutions comprising heat transfer compounds, steam heated bundles, steam supply and condensate return lines, steam tracing solutions, steam trace accessories, and tank heating products. In addition, it provides design engineering solutions that include design optimization studies, product selection assistance, and computer-generated drawing packages; energy audit services; procurement and project management services; procurement and project management services; turnkey construction installation; recurring facility assessment or audit; maintenance services; and technical support services. The company offers its solutions to chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, transportation, food and beverage, pharmaceutical, and mineral processing industries, as well as data centers, semiconductor facilities, and other markets through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas.

At a Glance

Live Snapshot
Market Cap$2.01B
EPS1.3500
P/E Ratio37.16
Earnings Date08/06/2026
3Y+22.0%
5Y+94.0%
10Y+103.0%
3Y+32.0%
5Y+4982.0%
10Y+204.0%
3Y-19.0%
5Y+54.0%
10Y+77.0%
Thermon Group Holdings, Inc.

Thermon Group Holdings, Inc. Profit Bridge

THR ยท NYSE
Revenue536.26M
Cost of Goods Sold (293.21M)
Gross Profit243.06M
Operating Expenses (172.32M)
Operating Income70.74M
Interest Expense (7.99M)
Other Income/Expense-6.51M
Pretax Income64.23M
Income Tax (19.66M)
Net Income44.57M
Net Income
44.57M

Profitability Analysis

Gross Margin

45.3%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

13.2%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

8.3%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

30.6%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

Thermon Group Holdings, Inc. Income Statement

THR โ€ข NYSE

Thermon Group Holdings, Inc. Income StatementMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010Mar 2009
REVENUE
536.3M
498.2M
494.6M
440.6M
355.7M
276.2M
383.5M
412.6M
308.6M
264.1M
281.9M
308.6M
277.3M
284M
270.5M
294.1M
192.7M
202.8M
GROSS PROFIT
(293.2M)
(275.3M)
(283.1M)
(255.5M)
(215.6M)
(159.3M)
(221.8M)
(236.7M)
(164.8M)
(152.2M)
(150.6M)
(153.9M)
(142.2M)
(151.2M)
(138.4M)
(202.8M)
(101.4M)
(105.5M)
243.1M
222.9M
211.6M
185.1M
140.1M
116.9M
161.6M
175.9M
143.8M
111.9M
131.3M
154.7M
135.2M
132.8M
132.1M
91.3M
91.3M
97.3M
OPERATING INCOME
(172.3M)
(143.1M)
(136.2M)
(129.9M)
(101.7M)
(109.5M)
(129M)
(127.4M)
(111.1M)
(89.5M)
(87.1M)
(87.6M)
(76.6M)
(75.8M)
(87.7M)
(47.3M)
(49.8M)
(56.4M)
(159.6M)
(129.8M)
(123.8M)
(116.8M)
(93.3M)
(91.4M)
(111.7M)
(106.7M)
(94.6M)
(77.7M)
(75M)
(76.9M)
(65.5M)
(64.6M)
(76.3M)
(47.3M)
(47.3M)
(49.8M)
(0.0)
(9.4M)
(10M)
(10.9M)
(0.0)
(8.2M)
(0.0)
(6.3M)
(5.2M)
(3.5M)
(3.3M)
(3.2M)
(3.4M)
(3.1M)
(0.0)
(0.0)
(0.0)
(0.0)
70.7M
79.8M
75.4M
55.2M
38.4M
7.4M
32.7M
-48.5M
32.7M
22.4M
36.8M
67.1M
58.6M
57M
44.5M
41.5M
41.5M
40.9M
PRE-TAX INCOME
(8M)
(10.3M)
(8.8M)
(5.9M)
(5.8M)
(10.3M)
(14.3M)
(15.7M)
(9M)
(3.5M)
(4.1M)
(4.6M)
(10M)
(15.2M)
(15.3M)
-7.4M
(7.4M)
(9.6M)
-8M
-10.3M
-8.8M
-5.9M
-5.8M
-10.2M
-14M
-15.5M
-8.4M
-3M
-3.7M
-4.1M
-9.8M
-15.1M
-19.5M
7.4M
-7.4M
-9.5M
(12.7M)
(4M)
(2.4M)
(2.2M)
(8.4M)
(9.8M)
(17.3M)
(109K)
-5.6M
-410K
-676K
-394K
-596K
-325K
(11.4M)
(0.0)
(2.4M)
(6.6M)
-6.5M
-9.6M
-7.7M
-6M
-10M
-8.1M
-15.6M
-15.4M
-14.3M
-3.4M
-4.4M
-4.5M
-25.9M
-15.4M
-25M
-8.6M
-8.6M
-12.7M
64.2M
70.1M
67.7M
49.2M
28.4M
-644K
17.1M
33.1M
18.4M
19.1M
32.4M
62.6M
32.8M
41.6M
19.5M
32.9M
32.9M
28.2M
NET INCOME
(19.7M)
(16.6M)
(16.1M)
(15.6M)
(8.3M)
-1.5M
(5.1M)
(10M)
(5.2M)
(4.1M)
(8.7M)
(13.2M)
(7M)
(14.6M)
(7.5M)
-14M
(14M)
(1.8M)
44.6M
53.5M
51.6M
33.7M
20.1M
877K
11.9M
22.8M
11.9M
14.6M
23M
49.4M
25.8M
27M
12M
46.9M
18.9M
26.4M

SEC Filings

THR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
June 01, 2026
2026
8-K

8-K 2026

N/A

May 28, 2026
May 27, 2026
2026
10-K

10-K 2026 FY

FY

May 21, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 19, 2026
May 19, 2026
2026
8-K

8-K 2026

N/A

April 20, 2026
April 20, 2026
2026
8-K

8-K 2026

N/A

March 23, 2026
March 23, 2026
2026
8-K

8-K 2026

N/A

February 24, 2026
February 23, 2026
2026
10-Q

10-Q 2025 Q4

Q4

February 05, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
Showing 1 to 10 of 231 filings