Thermon Group Holdings, Inc.

THR

Thermon Group Holdings, Inc.

THR

Insider Sentiment (TTM):

Last Purchase:2025-02-10Last Sale:2024-12-12Shares Purchased (TTM):0Shares Sold (TTM):0

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:31,507,671Shares Outstanding:32,540,731Institutional Ownership Pct.:96.83%

Earnings Market Reaction:

Filing Date:2026-05-21Price on Filing Date:N/APrevious Close:N/A% Change:N/A

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Assets
Assets Current
Cash And Cash Equivalents At Carrying Value	52	47	30	37	40	39	37	49	49	55	31	33
Accounts Receivable Net Current	125	112	102	101	110	115	94	99	107	121	102	92
Inventory Net	118	117	111	105	89	92	94	90	86	96	93	93
Contract With Customer Asset Net	-	-	-	-	-	-	-	-	-	19	27	22
Contract With Customer Asset Net Current	27	25	25	16	19	16	16	15	17	-	-	-
Prepaid Expense And Other Assets Current	19	20	21	14	17	18	33	11	14	16	17	0
Income Taxes Receivable	0	0	0	0	0	1	2	3	2	2	1	15
Assets Current	341	321	289	273	274	280	275	266	275	310	270	256
Property Plant And Equipment Net	-	-	-	-	-	-	-	-	-	68	65	65
Property Plant And Equipment And Finance Lease Rig…	80	79	77	76	73	71	67	69	68	-	-	-
Goodwill	269	271	270	272	264	264	270	269	271	269	219	222
Intangible Assets Net Excluding Goodwill	104	107	110	115	115	118	121	123	127	133	88	93
Operating Lease Right Of Use Asset	15	16	10	11	11	12	12	14	14	14	12	13
Deferred Income Tax Assets Net	1	2	1	1	1	2	2	1	1	1	1	1
Other Assets Noncurrent	21	21	21	19	17	16	15	14	12	10	9	9
Assets	831	817	778	765	755	763	762	757	768	805	664	657
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current	41	39	41	33	31	30	30	31	31	27	35	28
Accrued Liabilities Current	50	34	32	31	36	32	27	29	32	40	31	32
Secured Debt Current	8	7	6	18	18	18	17	16	15	16	10	10
Lines Of Credit Current	-	-	-	5	0	0	5	5	5	33	28	23
Contract With Customer Liability Current	19	19	17	19	20	21	13	15	21	15	7	9
Accrued Income Taxes Current	4	6	2	2	4	5	2	3	3	5	4	5
Liabilities Current	127	111	102	112	113	110	98	102	109	140	118	110
Long Term Line Of Credit	-	20	15	-	-	-	-	-	-	-	-	-
Line Of Credit	20	-	-	-	0	-	-	-	-	-	-	-
Long Term Debt Noncurrent	114	116	118	116	120	135	143	148	152	-	-	-
Deferred Income Tax Liabilities Net	11	9	10	10	10	10	9	9	9	11	10	11
Other Liabilities Noncurrent	9	10	9	9	8	10	10	10	10	10	9	9
Liabilities	292	278	263	256	260	275	271	281	293	338	221	223
Stockholders Equity Inclu…
Equity
Common Stock Value	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Value	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid In Capital Common Stock	251	248	246	244	246	245	243	242	244	242	241	239
Treasury Stock Common Value	-36	-36	-36	-30	-20	-6	-4	-2	-0	-	-	-
Accumulated Other Comprehensive Income Loss Foreig…	-63	-57	-61	-56	-73	-75	-56	-61	-57	-53	-61	-54
Retained Earnings Accumulated Deficit	387	384	366	351	342	325	307	297	289	279	263	248
Stockholders Equity	539	539	515	509	495	489	490	476	475	467	442	434
Liabilities And Stockholders Equity	831	817	778	765	755	763	762	757	768	805	664	657
Subsidiaries	-	-	-	-	-	-	-	-	-	-	-	0
Allowance For Doubtful Accounts Receivable Current	1	1	1	1	1	1	1	1	1	2	3	-
Property Plant And Equipment And Finance Lease Rig…	-	-	-	-	-	-	-	-	73	-	-	-
Accumulated Depreciation Depletion And Amortizatio…	82	81	80	79	76	75	76	75	73	72	71	0
Deferred Finance Costs Net	1	-	-	-	1	-	-	-	1	-	-	-
Common Stock Par Or Stated Value Per Share	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001
Common Stock Shares Authorized	150	150	150	150	150	150	150	150	150	150	150	150
Common Stock Shares Issued	34	34	34	34	34	34	34	34	34	34	34	34
Shares Outstanding	33	33	33	33	33	34	34	34	34	34	34	34
Preferred Stock Par Or Stated Value Per Share	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001
Preferred Stock Shares Authorized	10	10	10	10	10	10	10	10	10	10	10	10
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Outstanding	0	0	0	0	0	0	0	0	0	0	0	0
Treasury Stock Common Shares	1	-	-	-	1	-	-	-	0	-	-	-

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	6.29%	6.53%	12.51%	7.01%	15.30%	29.70%	4.12%	4.90%	11.09%	-	-	-
2025	7.82%	2.40%	-7.72%	8.72%	-1.41%	1.65%	11.24%	7.09%	-0.90%	-6.41%	-2.39%	-16.52%
2024	-1.69%	2.69%	1.81%	7.50%	12.44%	7.32%	4.38%	14.56%	10.48%	-14.37%	-3.59%	-11.99%
2023	-	-	-	-	-	-	-	-	-	10.69%	21.69%	15.75%
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Performance and Valuation Metrics

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Metrics	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Liquidity Ratios
Current Ratio	2.69	2.90	2.82	2.43	2.43	2.56	2.80	2.61	2.51	2.22	2.29	2.32
Quick Ratio	1.61	1.66	1.53	1.37	1.50	1.55	1.51	1.61	1.59	1.41	1.36	1.48
Working Capital	214.37M	210.01M	186.40M	160.37M	161.63M	170.55M	176.75M	164.12M	165.33M	169.99M	151.95M	145.53M
Leverage & Debt
Debt to Equity	0.54	0.52	0.51	0.50	0.53	0.56	0.55	0.59	0.62	0.72	0.50	0.51
Interest Coverage TTM	8.85	10.01	9.70	8.24	7.72	6.25	6.13	7.29	8.52	10.33	9.11	8.97
Debt Ratio	0.35	0.34	0.34	0.33	0.34	0.36	0.36	0.37	0.38	0.42	0.33	0.34
Efficiency & Turnover
Asset Turnover TTM	0.68	0.66	0.66	0.65	0.65	0.63	0.69	0.71	0.70	0.67	0.72	0.69
Days Sales Outstanding TTM	80.06	79.18	70.13	73.97	79.54	87.29	72.09	69.07	75.62	79.42	77.63	75.06
Receivables Turnover TTM	4.56	4.61	5.20	4.93	4.59	4.18	5.06	5.28	4.83	4.60	4.70	4.86
Per Share Metrics
Diluted EPS TTM	1.36	1.77	1.78	1.61	1.57	1.37	1.29	1.44	1.51	1.44	1.22	1.12
Free Cash Flow Per Share TTM	1.01	1.67	1.52	1.58	1.57	1.72	2.12	1.94	1.63	1.26	1.13	1.08
Dividend Per Share TTM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Margin Metrics
Gross Profit Margin TTM	45.32%	45.44%	45.31%	44.82%	44.74%	43.89%	42.75%	42.69%	42.77%	43.05%	42.88%	43.18%
Operating Profit Margin TTM	13.19%	15.92%	16.53%	15.80%	16.01%	14.94%	13.61%	14.65%	15.24%	14.80%	13.69%	13.14%
Net Profit Margin TTM	8.31%	11.26%	11.60%	10.89%	10.74%	9.48%	8.89%	9.78%	10.43%	10.05%	8.80%	8.42%
Growth Metrics
Net Revenue Growth (1Y)	7.64%	6.15%	3.08%	-2.16%	0.72%	0.48%	3.94%	11.24%	12.27%	16.35%	19.02%	18.97%
Net Income Growth (1Y)	-16.71%	26.10%	34.42%	9.00%	3.74%	-5.24%	5.10%	29.21%	53.23%	42.01%	11.47%	40.98%
EPS Growth (1Y)	-13.73%	29.43%	37.85%	11.03%	3.62%	-5.26%	4.77%	28.48%	52.31%	41.12%	10.76%	40.28%
Calculated Values
Free Cash Flow TTM	32.86M	54.73M	50.12M	52.45M	52.87M	58.12M	71.72M	65.61M	54.94M	42.54M	38.00M	36.09M
Net Debt	63.52M	70.26M	88.85M	100.24M	96.94M	112.19M	112.35M	117.68M	121.15M	-8.82M	4.79M	-3.21M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2025-02-10Purchase

Owner: Cerovski, Thomas N

Title: SVP, Global Sales

Shares: 500

Price/Share: $27.72

Value: $13,860.00

Shares Owned: 42,606

Relationship: Officer

Ownership: Direct

2024-12-12Sale

Owner: Buntin, David

Title: SVP, Thermon Heat Tracing

Shares: 28,137

Price/Share: $32.15

Value: $904,604.55

Shares Owned: 57,773

Relationship: Officer

Ownership: Direct

2024-11-27Sale

Owner: Roberto, Kuahara

Title: SVP, Operations

Shares: 300

Price/Share: $31.37

Value: $9,411.00

Shares Owned: 24,362

Relationship: Officer

Ownership: Direct

2024-06-03Sale

Owner: Mcginty, Kevin J

Title: -

Shares: 5,000

Price/Share: $32.84

Value: $164,200.00

Shares Owned: 38,109

Relationship: Director

Ownership: Direct

2024-05-31Sale

Owner: Roberts, Mark John

Title: SVP, Global Engineering

Shares: 2,910

Price/Share: $33.35

Value: $97,048.50

Shares Owned: 50,920

Relationship: Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2025-02-10	Cerovski, Thomas N	Officer	SVP, Global Sales	Direct	Purchase	500	27.72	$13,860.00	42,606	4
2024-12-12	Buntin, David	Officer	SVP, Thermon Heat Tracing	Direct	Sale	28,137	32.15	$904,604.55	57,773	4
2024-11-27	Roberto, Kuahara	Officer	SVP, Operations	Direct	Sale	300	31.37	$9,411.00	24,362	4
2024-06-03	Mcginty, Kevin J	Director	-	Direct	Sale	5,000	32.84	$164,200.00	38,109	4
2024-05-31	Roberts, Mark John	Officer	SVP, Global Engineering	Direct	Sale	2,910	33.35	$97,048.50	50,920	4
2024-05-31	Nesser, John T Iii	Director	-	Direct	Sale	6,000	34.12	$204,720.00	57,315	4
2024-02-06	Fox, Kevin	Officer	SVP - Chief Financial Officer	Direct	Purchase	1,000	24.84	$24,840.00	37,479	4
2024-02-06	Fix, Roger L	Director	-	Direct	Purchase	1,555	25.70	$39,963.50	28,273	4
2024-02-05	Clarke, John U	Director	-	Direct	Purchase	5,000	25.01	$125,050.00	34,468	4
2024-02-05	Thames, Bruce	Director,Officer	President & CEO	Direct	Purchase	2,040	24.51	$50,000.40	257,637	4/A
2023-11-16	Mcginty, Kevin J	Director	-	Direct	Sale	5,000	32.00	$160,000.00	41,658	4
2023-08-09	Nesser, John T Iii	Director	-	Direct	Purchase	1,973	26.38	$52,047.74	61,000	4
2023-08-07	Fox, Kevin	Officer	SVP - Chief Financial Officer	Direct	Purchase	990	25.92	$25,660.80	39,150	4
2023-02-10	Harris-Peterson, Candace	Officer	VP, Human Resources	Direct	Sale	6,358	27.15	$172,619.70	12,799	4
2022-11-08	Nesser, John T Iii	Director	-	Direct	Purchase	1,959	18.80	$36,829.20	56,000	4
2022-08-09	Nesser, John T Iii	Director	-	Direct	Purchase	845	16.67	$14,086.15	52,500	4
2022-06-15	Thames, Bruce	Director,Officer	President & CEO	Direct	Purchase	3,150	15.49	$48,793.50	209,267	4
2022-06-14	Fox, Kevin	Officer	SVP - Chief Financial Officer	Direct	Purchase	1,580	15.40	$24,332.00	30,285	4
2022-06-08	Nesser, John T Iii	Director	-	Direct	Purchase	3,500	16.35	$57,225.00	50,000	4
2022-06-03	Nesser, John T Iii	Director	-	Direct	Purchase	3,637	15.55	$56,555.35	46,500	4
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Institutional Ownership

No data available for chart

2026-03-31

96.83%

Inst. Shares: 31,507,671

Shares Outstanding: 32,540,731

2025-12-31

94.73%

Inst. Shares: 31,109,969

Shares Outstanding: 32,841,651

2025-09-30

91.89%

Inst. Shares: 30,282,570

Shares Outstanding: 32,953,754

2025-06-30

83.92%

Inst. Shares: 27,810,334

Shares Outstanding: 33,138,914

2025-03-31

81.95%

Inst. Shares: 27,621,872

Shares Outstanding: 33,707,804

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	31,507,671	32,540,731	96.83%
2025-12-31	31,109,969	32,841,651	94.73%
2025-09-30	30,282,570	32,953,754	91.89%
2025-06-30	27,810,334	33,138,914	83.92%
2025-03-31	27,621,872	33,707,804	81.95%
2024-12-31	28,113,588	33,709,174	83.40%
2024-09-30	27,279,503	33,793,583	80.72%
2024-06-30	27,120,559	33,756,172	80.34%
2024-03-31	26,597,129	33,670,861	78.99%
2023-12-31	28,083,720	33,703,845	83.32%
2023-09-30	27,810,195	33,688,514	82.55%
2023-06-30	27,230,962	33,566,732	81.12%
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Thermon Group Holdings, Inc. (THR) — SEC Financial Statements & Analysis

Thermon Group Holdings, Inc. (THR) is a electrical industrial apparatus company, incorporated in DE. Thermon Group Holdings, Inc. trades on NYSE as: THR. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Thermon Group Holdings, Inc. reported a 7.64% year-over-year revenue growth, a Gross Profit Margin of 45.32% (TTM), a Debt-to-Equity ratio of 0.54x. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: 7.64%
Gross Profit Margin TTM: 45.32%
Debt To Equity: 0.54x

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Thermon Group Holdings, Inc. in?

Thermon Group Holdings, Inc. (THR) operates in the Electrical Industrial Apparatus industry.

What exchange does THR trade on?

Thermon Group Holdings, Inc. (THR) trades on the NYSE.

Where is Thermon Group Holdings, Inc. incorporated?

Thermon Group Holdings, Inc. is incorporated in DE.