THR
Thermon Group Holdings Inc
NYSE: THR · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$60.49
+1.99% today
Updated 2026-04-30
Market cap
$1.95B
P/E ratio
33.51
P/S ratio
3.74x
EPS (TTM)
$1.77
Dividend yield
—
52W range
$24 – $61
Volume
0.6M
Thermon Group Holdings Inc (THR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $202.75M | $192.71M | $294.11M | $270.51M | $284.04M | $277.32M | $308.58M | $281.93M | $264.13M | $308.61M | $412.64M | $383.49M | $276.18M | $355.67M | $440.59M | $494.63M | $498.21M |
| Revenue growth (YoY) | — | -5.0% | +52.6% | -8.0% | +5.0% | -2.4% | +11.3% | -8.6% | -6.3% | +16.8% | +33.7% | -7.1% | -28.0% | +28.8% | +23.9% | +12.3% | +0.7% |
| Cost of revenue | $105.46M | $101.40M | $202.80M | $138.40M | $151.20M | $142.15M | $153.87M | $150.61M | $152.20M | $164.80M | $236.70M | $221.85M | $159.31M | $215.56M | $255.47M | $283.06M | $275.31M |
| Gross profit | $97.30M | $91.31M | $91.31M | $132.12M | $132.83M | $135.17M | $154.70M | $131.31M | $111.93M | $143.81M | $175.94M | $161.64M | $116.87M | $140.12M | $185.13M | $211.56M | $222.90M |
| Gross margin | 48.0% | 47.4% | 31.0% | 48.8% | 46.8% | 48.7% | 50.1% | 46.6% | 42.4% | 46.6% | 42.6% | 42.1% | 42.3% | 39.4% | 42.0% | 42.8% | 44.7% |
| R&D | $1.68M | $1.77M | $1.81M | $881000.00 | $3.07M | $3.38M | $3.25M | $3.34M | $3.50M | $5.24M | $6.29M | $8.38M | $8.23M | $6.78M | $10.90M | $10.03M | $9.43M |
| SG&A | $49.81M | $47.34M | $58.42M | $76.28M | $64.63M | $65.46M | $76.87M | $75.02M | $77.72M | $49000.00 | $50000.00 | $111000.00 | $1.56M | $283000.00 | $-208000.00 | $-59000.00 | $452000.00 |
| Operating income | $40.87M | $41.54M | $41.54M | $44.46M | $56.99M | $58.62M | $67.06M | $36.76M | $22.44M | $32.74M | $-48.51M | $32.66M | $7.41M | $38.41M | $55.19M | $75.37M | $79.76M |
| Operating margin | 20.2% | 21.6% | 14.1% | 16.4% | 20.1% | 21.1% | 21.7% | 13.0% | 8.5% | 10.6% | -11.8% | 8.5% | 2.7% | 10.8% | 12.5% | 15.2% | 16.0% |
| EBITDA | $46.32M | $44.69M | $41.54M | $53.05M | $70.61M | $56.16M | $77.84M | $53.00M | $39.89M | $51.79M | $78.82M | $59.38M | $30.26M | $54.45M | $74.33M | $95.36M | $102.78M |
| EBITDA margin | 22.8% | 23.2% | 14.1% | 19.6% | 24.9% | 20.3% | 25.2% | 18.8% | 15.1% | 16.8% | 19.1% | 15.5% | 11.0% | 15.3% | 16.9% | 19.3% | 20.6% |
| EBIT | $37.82M | $40.26M | $41.54M | $41.67M | $59.40M | $45.07M | $67.06M | $35.59M | $22.06M | $27.37M | $48.86M | $31.11M | $9.54M | $34.24M | $55.10M | $76.52M | $80.44M |
| Interest expense | $9.63M | $7.36M | $7.36M | $15.34M | $15.22M | $10.02M | $4.57M | $4.14M | $3.52M | $8.98M | $15.71M | $14.28M | $10.26M | $5.82M | $5.87M | $8.85M | $10.32M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% |
| Net income | $26.40M | $18.94M | $46.87M | $12.03M | $26.97M | $25.80M | $49.39M | $23.01M | $14.64M | $11.91M | $22.76M | $11.94M | $877000.00 | $20.09M | $33.67M | $51.59M | $53.52M |
| Net income growth (YoY) | — | -28.3% | +147.5% | -74.3% | +124.2% | -4.4% | +91.4% | -53.4% | -36.4% | -18.7% | +91.1% | -47.5% | -92.7% | +2191.0% | +67.6% | +53.2% | +3.7% |
| Profit margin | 13.0% | 9.8% | 15.9% | 4.4% | 9.5% | 9.3% | 16.0% | 8.2% | 5.5% | 3.9% | 5.5% | 3.1% | 0.3% | 5.6% | 7.6% | 10.4% | 10.7% |