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+28.0%
5Y+34.0%
10Y+83.0%
3Y+27.0%
5Y+22.0%
10Y+263.0%
3Y+29.0%
5Y+42.0%
10Y+70.0%
thr

Thermon Group Holdings, Inc. Funding & Solvency Profile

THR ยท NYSE
Cash & Cash Equivalents52.27M
Net Receivables125.41M
Inventory118.15M
Other Current Assets45.36M
Total Current Assets341 M
Property, Plant & Equipment94.52M
Goodwill & Intangible Assets372.70M
Long-Term Investments0.00
Other Non-Current Assets21.03M
Total Non-Current Assets116 M
Total Assets
830.58M

Financial Health Analysis

Current Ratio

2.69x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.54x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

214 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

41% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Thermon Group Holdings, Inc. Balance Sheet

THR โ€ข NYSE

Thermon Group Holdings, Inc. Balance SheetMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010Mar 2009
ASSETS
CURRENT ASSETS
52.3M
39.5M
48.6M
35.6M
41.4M
40.1M
43.2M
31.4M
33.9M
42.8M
84.6M
93.8M
72.6M
43.8M
21.5M
51M
30.1M
13.4M
52.3M
39.5M
48.6M
35.6M
41.4M
40.1M
43.2M
31.4M
33.9M
42.8M
84.6M
93.8M
72.6M
43.8M
21.5M
51M
30.1M
13.4M
125.4M
129.2M
125.6M
117M
119.6M
94.1M
105.2M
136.2M
112.4M
70.7M
58.5M
67.2M
58.8M
64.9M
55.2M
42.5M
43.3M
41.3M
0.0
109.8M
124M
113.9M
114.9M
85.9M
102.7M
131.8M
110.5M
63.7M
57.4M
60.4M
55.5M
59.6M
52M
40M
41.9M
37.9M
0.0
19.4M
1.6M
3.1M
4.6M
8.2M
2.5M
4.4M
1.9M
5M
7.6M
6.8M
3.3M
5.3M
5.2M
2.5M
1.6M
928K
118.1M
89M
86.3M
82.1M
71.7M
63.8M
60.3M
64.9M
63.8M
34M
40.6M
41M
37.3M
34.4M
38.5M
31.1M
22.8M
25.1M
0.0
0.0
10.4M
0.0
11.8M
8.8M
9.2M
7.3M
7.4M
5.8M
6.8M
3.7M
3.8M
6.2M
6.9M
0.0
4.3M
3.6M
45.4M
16.5M
3.6M
16.1M
0.0
0.0
0.0
0.0
1.7M
3.5M
9.2M
5.7M
6.1M
2.2M
3.7M
14.9M
1.4M
1.9M
341.2M
274.3M
274.6M
250.9M
244.4M
206.8M
217.9M
239.8M
220.2M
198.2M
199.8M
211.5M
176.1M
151.4M
127.7M
137.1M
103.6M
85.3M
NON-CURRENT ASSETS
94.5M
84M
81.9M
76.9M
76.6M
85.2M
89.2M
75M
74.5M
43.3M
41.6M
34.8M
31.5M
31.2M
27.7M
21.7M
22.8M
22.3M
269M
264.3M
270.8M
219.6M
212.8M
213M
198M
205M
210.6M
122.5M
121.5M
105.2M
114.1M
116.3M
118M
120.8M
42M
37M
103.7M
115.3M
127.1M
94M
94.9M
103.8M
104.5M
126.6M
151.4M
86.2M
89.3M
100.8M
118.9M
131.9M
144.8M
159.1M
50.1M
46.2M
372.7M
379.6M
397.9M
313.6M
307.7M
316.8M
302.5M
331.6M
362M
208.7M
210.8M
206M
233M
248.2M
262.8M
279.8M
92.2M
83.2M
0.0
0.0
0.0
26K
0.0
0.0
0.0
815K
0.0
0.0
0.0
-2.2M
-797K
2.2M
-3.7M
0.0
0.0
0.0
1.1M
895K
1.1M
688K
1.2M
2.6M
2.9M
3.8M
3.4M
2.8M
1.5M
3.5M
2.3M
2.2M
3.7M
2.8M
0.0
0.0
21M
16.6M
12.2M
7.5M
6.8M
6.4M
8.4M
4.8M
2.4M
1.1M
323K
378K
263K
143K
7.4M
9.4M
2.6M
3M
489.4M
481.2M
493.1M
398.7M
392.2M
411.1M
403M
416M
442.3M
255.9M
254.2M
242.6M
266.4M
283.9M
297.9M
313.7M
117.5M
108.5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-57.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
830.6M
755.5M
767.7M
649.6M
636.7M
617.9M
620.9M
655.8M
662.5M
454.1M
396.6M
454.1M
442.5M
435.4M
425.6M
450.8M
221.1M
193.7M
LIABILITIES
CURRENT LIABILITIES
0.0
39.5M
39.1M
27.3M
38M
22.3M
28.7M
22.7M
28.9M
16.2M
19.5M
17.1M
17.1M
22.1M
17.3M
26.5M
11.7M
12.4M
41.1M
31.2M
31.4M
27.3M
33.6M
19.7M
25.1M
22.7M
23M
15.7M
19.5M
17.1M
17.1M
20.4M
15.7M
18.6M
9.4M
10.5M
0.0
8.3M
7.7M
0.0
4.4M
2.6M
3.6M
0.0
6M
481K
0.0
0.0
0.0
1.7M
1.6M
7.9M
2.3M
2M
0.0
8.2M
8.4M
32.7M
6.2M
8.8M
8M
6.4M
16.4M
8.4M
11.8M
16.4M
8M
8M
8.9M
0.0
6.2M
9.2M
12.5M
18M
19.6M
24.7M
7.9M
2.5M
2.5M
13.7M
2.5M
20.3M
13.5M
13.5M
13.5M
0.0
21M
23.1M
0.0
0.0
0.0
4M
3.3M
3.4M
3.6M
3.5M
3.6M
235K
0.0
0.0
0.0
0.0
0.0
0.0
3.5M
0.0
0.0
0.0
4M
7.3M
2.8M
6.8M
897K
2.6M
3.6M
4.1M
7.5M
2.1M
4.3M
2.7M
956K
1.7M
1.4M
7.9M
2.2M
1.8M
0.0
19.6M
20.5M
8.5M
8.4M
3.2M
4.9M
7.6M
8.7M
2.9M
3.6M
2.4M
1.7M
1.6M
23.8M
7.9M
0.0
0.0
114.3M
23.4M
18.3M
13.4M
16.8M
12.4M
13M
22.4M
5.8M
4.6M
12.8M
6.1M
5.2M
15.5M
11.8M
34.3M
8.4M
7.9M
126.8M
112.7M
109.3M
110.1M
81M
52.8M
60.6M
73.1M
62.4M
52.3M
57.6M
53.1M
43.7M
45.7M
66.5M
83.9M
26.2M
29.5M
NON-CURRENT LIABILITIES
12.1M
120.4M
152M
87.7M
120.4M
143M
169.1M
197.7M
214.5M
60.2M
80.1M
94.5M
108M
118.1M
118.1M
189M
109.2M
99M
10.9M
9.8M
9.4M
12.1M
17.9M
21M
22.2M
28.1M
34.3M
25.7M
29.1M
31.6M
37.9M
42.4M
46M
49.8M
30M
26.4M
142.1M
8.1M
9.6M
8.3M
8.4M
9.8M
7M
7.5M
10.4M
3.4M
3.2M
-1.3M
2.1M
3.1M
2.4M
0.0
555K
597K
165M
147.5M
183.6M
120.6M
156.5M
186.2M
213.8M
233.8M
259.2M
89.3M
112.4M
129.2M
148.3M
163.7M
166.6M
238.8M
139.8M
126M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-96.6M
-61.1M
-76.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
13.3M
15.9M
15.8M
13.3M
15.9M
19.1M
621K
0.0
0.0
0.0
0.0
0.0
0.0
3.5M
0.0
0.0
0.0
291.9M
260.1M
292.9M
230.6M
237.5M
239M
274.5M
306.8M
225M
80.5M
93.6M
182.3M
192M
209.3M
233.1M
322.7M
166M
155.5M
SHAREHOLDERS' EQUITY
0.0
-20.4M
-250K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.2M
5.9M
4.6M
206.3M
212.6M
0.0
0.0
0.0
0.0
0.0
0.0
33K
33K
34K
33K
33K
33K
33K
33K
32K
32K
32K
32K
32K
31K
30K
0.0
0.0
0.0
0.0
246.2M
243.6M
239.9M
234.5M
231.3M
227.7M
223M
222.6M
219.3M
216.7M
213.9M
208.5M
203M
192M
0.0
0.0
0.0
386.9M
342.3M
288.8M
237.2M
203.5M
183.4M
182.6M
170.6M
148.8M
136.9M
122.3M
99.2M
49.9M
24.1M
-2.9M
-14.9M
0.0
0.0
-62.8M
-72.8M
-57.2M
-58.1M
-38.9M
-35.9M
-63.9M
-48.9M
-36.5M
-48.3M
-44.6M
-41.4M
-7.9M
-1.1M
3.4M
0.0
0.0
0.0
214.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
143M
0.0
0.0
538.7M
495.3M
474.9M
419M
399.2M
378.9M
346.4M
348.9M
340.8M
312.5M
298.7M
271.8M
250.5M
226M
192.5M
128.1M
55.1M
38.2M
538.7M
495.3M
474.9M
419M
399.2M
378.9M
346.4M
353.2M
346.8M
317.1M
303M
271.8M
250.5M
226M
192.5M
128.1M
55.1M
38.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.2M
5.9M
4.6M
4.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
SUMMARY
830.6M
755.5M
767.7M
649.6M
636.7M
617.9M
620.9M
655.8M
662.5M
454.1M
396.6M
454.1M
442.5M
435.4M
425.6M
450.8M
221.1M
193.7M
0.0
0.0
0.0
26K
0.0
0.0
0.0
815K
0.0
0.0
0.0
-2.2M
-797K
2.2M
-3.7M
0.0
0.0
0.0
24.6M
151.7M
187.5M
128.3M
141.6M
161.4M
190.7M
211.5M
217M
80.5M
93.6M
108M
121.5M
118.1M
142.7M
212.1M
109.2M
99M
-27.7M
112.2M
138.9M
92.6M
100.2M
121.3M
147.4M
180.1M
183.2M
37.6M
9M
14.2M
48.9M
74.3M
121.2M
161M
79.1M
85.6M
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100
32,840,100

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