$61.16
-8.5%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.
Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.
Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Neutral working capital impact. Changes in current assets and liabilities balanced out.
Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.
THR โข NYSE
| Thermon Group Holdings, Inc. Cash Flow Statement | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||
44.6M | 53.5M | 51.6M | 33.7M | 20.1M | 1.2M | 11.9M | 23.2M | 13.2M | 15M | 23.7M | 49.4M | 25.8M | 27M | 12M | 18.9M | 18.9M | 26.4M | |
22.5M | 22.3M | 18.8M | 19.2M | 20.2M | 20.7M | 28.3M | 30M | 24.4M | 17.8M | 17.4M | 14.1M | 14.2M | 13.8M | 14M | 4.4M | 4.4M | 8.5M | |
619K | -2.1M | -2.1M | -4.6M | -1.6M | -3M | -4.1M | -4.4M | -11.3M | -3.4M | -5.4M | -7.2M | -4.4M | -1.3M | -2.8M | 4M | 4M | -11.6M | |
8.2M | 5.2M | 5.8M | 0.0 | 3.8M | 3.7M | 5M | 4.1M | 3.5M | 3.4M | 3.7M | 3.3M | 2.2M | 1.3M | 6.5M | 905K | 0.0 | 675K | |
-29.1M | 522K | -211K | 5.7M | 2.5M | 3.2M | 5.5M | 2.8M | 3.7M | 542K | 3M | 2.3M | 19.9M | 3.9M | 8M | -2.7M | 658K | -15K | |
(0.0) | (16.5M) | (23.1M) | (14.9M) | (9.8M) | (9.7M) | (12.6M) | (22.3M) | -7.7M | (9.3M) | (15.7M) | (17.3M) | (11.1M) | (10.6M) | (17.7M) | (0.0) | (10.4M) | (12.5M) | |
0.0 | -16.4M | -7.9M | 3.7M | -16.2M | 4.5M | 24.2M | -32.4M | -11.6M | -6.9M | 5.6M | -10.2M | -11.5M | -3.4M | -32.4M | -905K | -3.4M | -250K | |
46.8M | 63.1M | 66M | 57.7M | 28.8M | 30.3M | 70.7M | 23.2M | 21.9M | 26.4M | 47.9M | 51.7M | 46.1M | 41.4M | 5.3M | 24.7M | 24.7M | 23.7M | |
INVESTING ACTIVITIES | ||||||||||||||||||
-13.9M | -10.2M | -11M | -9.5M | -5.2M | -8.1M | -10.9M | -12M | -10M | -8.4M | -12.6M | -6.1M | -3.4M | -6.3M | -8.9M | -1.6M | -1.6M | -2.7M | |
(0.0) | -10.5M | -99.4M | -35.1M | (0.0) | (300K) | -3.7M | -4.7M | -202.7M | (1.2M) | -31.2M | -3.9M | -2.1M | -289K | -685K | (0.0) | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (4.7M) | -8.1M | -44.8M | (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 | 952K | 53.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
850K | 5.8M | 939K | 0.0 | 689K | 0.0 | 4.5M | 1M | 949K | 1.2M | 2.2M | -3.9M | -2.1M | -289K | -685K | 2K | 2K | 440K | |
-13.1M | -15M | -109.5M | -44.6M | -4.5M | -7.8M | -10M | -10.1M | -166.5M | -52M | -41.6M | -10M | -5.4M | -6.6M | -9.6M | -1.6M | -1.6M | -2.3M | |
FINANCING ACTIVITIES | ||||||||||||||||||
0.0 | -23.4M | -2.3M | -643K | -673K | -784K | -969K | -598K | -481K | -621K | -1.3M | 547K | 0.0 | 0.0 | 48.5M | 129.5M | 0.0 | 0.0 | |
0.0 | -33.7M | 59.6M | -12.7M | -20.8M | -27.8M | -41.9M | -40.5M | 143.7M | -13.8M | -13.7M | -13.7M | -12.1M | -21.6M | -76.7M | 177.4M | 0.0 | -12.3M | |
(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) | -8.6M | -8.6M | (0.0) | |
(0.0) | -23.4M | -2.3M | -643K | -673K | -784K | -969K | -598K | -481K | -621K | -1.3M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-17.3M | 632K | -759K | -142K | -1.2M | 353K | -3.7M | 27M | -9.3M | -280K | -9K | 1.3M | 1.5M | 9.4M | 3.4M | -306.9M | 0.0 | 0.0 | |
-17.3M | -56.4M | 56.5M | -13.5M | -22.7M | -28.2M | -46.5M | -14.1M | 133.9M | -14.7M | -15M | -11.8M | -10.6M | -12.2M | -24.9M | -8.6M | -8.6M | -12.3M | |
CASH FLOW SUMMARY | ||||||||||||||||||
29K | -738K | -1.1M | -5.1M | -84K | 2.2M | -2M | -1.5M | 1.7M | -1.5M | -547K | -8.8M | -1.3M | -249K | -671K | 2.2M | 2.2M | -2.2M | |
16.4M | -9M | 11.9M | -5.4M | 1.5M | -3.6M | 12.2M | -2.5M | -9M | -41.7M | -9.2M | 21.1M | 28.8M | 22.4M | -29.8M | 16.7M | 16.7M | 6.9M | |
41.4M | 50.4M | 38.5M | 43.9M | 42.5M | 46M | 33.8M | 36.3M | 42.8M | 84.6M | 93.8M | 72.6M | 43.8M | 21.5M | 51.3M | 13.4M | 13.4M | 6.5M | |
57.8M | 41.4M | 50.4M | 38.5M | 43.9M | 42.5M | 46M | 33.8M | 33.9M | 42.8M | 84.6M | 93.8M | 72.6M | 43.8M | 21.5M | 30.1M | 30.1M | 13.4M | |
32.9M | 52.9M | 54.9M | 48.3M | 23.5M | 22.2M | 59.9M | 11.2M | 11.9M | 18.1M | 35.3M | 45.7M | 42.7M | 35.1M | -3.6M | 23.1M | 23.1M | 21M |
THR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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