THERMON GROUP HOLDINGS, INC. financials
Source: EDGAR filings · Built 2026-06-20T00:15:40Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 32.80M | 52.81M | 54.91M | 48.12M | 23.38M | 21.88M |
| EBITDA | 93.20M | 102.10M | 94.21M | 74.42M | 58.61M | 28.13M |
| Working Capital | 214.37M | 161.63M | 165.33M | 140.87M | 163.44M | 154.01M |
| Net Debt | 86.40M | 112.66M | 134.78M | 78.57M | 100.84M | 124.26M |
| Gross Margin | 45.32% | 44.74% | 42.77% | 42.02% | 39.40% | 42.32% |
| Operating Margin | 13.19% | 16.01% | 15.24% | 12.53% | 10.80% | 2.68% |
| Net Margin | 8.31% | 10.74% | 10.43% | 7.64% | 5.65% | 0.32% |
| Return on Equity (ROE) | 8.27% | 10.80% | 10.86% | 8.04% | 5.03% | 0.23% |
| Return on Assets (ROA) | 5.37% | 7.08% | 6.72% | 5.18% | 3.16% | 0.14% |
| Current Ratio | 2.69× | 2.43× | 2.51× | 2.28× | 3.02× | 3.92× |
| Debt-to-Equity | 0.26× | 0.31× | 0.39× | 0.27× | 0.36× | 0.43× |
| Effective Tax Rate | 30.60% | 23.68% | 23.77% | 31.62% | 29.32% | 236.18% |
| Cash Conversion Ratio | 1.05× | 1.18× | 1.28× | 1.71× | 1.43× | 34.54× |
| Accruals Ratio | -0.00× | -0.01× | -0.02× | -0.04× | -0.01× | -0.05× |
| SBC % of Revenue | 1.54% | 1.05% | 1.16% | 1.35% | 1.07% | 1.35% |
| CapEx Coverage | 3.34× | 6.12× | 5.97× | 6.01× | 5.35× | 3.60× |
| Free Cash Flow Per Share | $1.00 | $1.55 | $1.61 | $1.43 | $0.70 | $0.66 |
Income Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 536.26M | 498.21M | 494.63M | 440.59M | 355.67M | 276.18M |
| Revenues | — | — | — | — | — | 276.18M |
| Cost of Goods and Services Sold | 293.21M | 275.31M | 283.06M | 255.47M | 215.56M | 159.31M |
| Gross Profit | 243.06M | 222.90M | 211.56M | 185.13M | 140.12M | 116.87M |
| Research and Development Expense | 9.51M | 9.41M | 9.80M | 10.57M | 6.44M | 7.47M |
| Selling, General and Administrative Expense | 158.29M | 129.31M | 123.82M | 117.00M | 93.05M | 89.83M |
| Operating Income (Loss) | 70.74M | 79.76M | 75.37M | 55.19M | 38.41M | 7.41M |
| Income Tax Expense (Benefit) | 19.66M | 16.60M | 16.09M | 15.57M | 8.33M | -1.52M |
| Net Income (Loss) Attributable to Parent | 44.57M | 53.52M | 51.59M | 33.67M | 20.09M | 877.00K |
| Earnings Per Share, Basic | $1.37 | $1.59 | $1.53 | $1.01 | $0.60 | $0.03 |
| Weighted Average Number of Shares Outstanding, Basic | 32.54M | 33.71M | 33.67M | 33.47M | 33.31M | 33.13M |
| Earnings Per Share, Diluted | $1.36 | $1.57 | $1.51 | $1.00 | $0.60 | $0.03 |
| Weighted Average Number of Shares Outstanding, Diluted | 32.80M | 34.06M | 34.07M | 33.75M | 33.51M | 33.34M |
Balance Sheet
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 52.27M | 39.54M | 48.63M | 35.63M | 41.45M | 40.12M |
| Assets, Current | 341.20M | 274.29M | 274.60M | 250.94M | 244.44M | 206.81M |
| Assets | 830.58M | 755.45M | 767.74M | 649.63M | 636.67M | 617.88M |
| Long-term Debt | 121.88M | 138.88M | 167.50M | 98.36M | 129.00M | 148.50M |
| Liabilities, Current | 126.84M | 112.66M | 109.27M | 110.07M | 81.00M | 52.80M |
| Long-term Debt, Excluding Current Maturities | 113.56M | 120.37M | 151.96M | 87.71M | — | — |
| Liabilities | 291.87M | 260.14M | 292.85M | 230.64M | 237.47M | 239.01M |
| Stockholders' Equity Attributable to Parent | 538.71M | 495.31M | 474.89M | 418.99M | 399.20M | 378.87M |
| Common Stock, Shares, Outstanding | 32.87M | 33.24M | 33.72M | 33.51M | 33.36M | 33.23M |
Cash Flow Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 46.80M | 63.12M | 65.95M | 57.71M | 28.75M | 30.29M |
| Payments to Acquire Property, Plant, and Equipment | 13.93M | 10.25M | 11.02M | 9.45M | 5.22M | 8.13M |
| Net Cash Provided by (Used in) Investing Activities | -13.08M | -14.97M | -109.52M | -44.55M | -4.53M | -7.83M |
| Payments for Repurchase of Common Stock | 15.77M | 20.14M | 250.00K | 0 | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | -17.32M | -56.42M | 56.53M | -13.46M | -22.66M | -28.20M |
Derived Metrics
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 7.24M | 25.56M | 12.59M | 8.28M | 29.05M | 23.76M |
| EBITDA | 16.07M | 32.35M | 27.39M | 17.39M | 28.71M | 33.31M |
| Working Capital | 214.37M | 210.01M | 186.40M | 160.37M | 161.63M | 170.55M |
| Net Debt | 86.40M | 76.00M | 94.59M | 97.43M | 112.66M | 114.02M |
| Gross Margin | 44.01% | 46.60% | 46.37% | 44.12% | 44.33% | 46.24% |
| Operating Margin | 7.27% | 18.09% | 16.38% | 10.77% | 17.25% | 20.61% |
| Net Margin | 1.85% | 12.42% | 11.35% | 7.88% | 12.66% | 13.80% |
| Return on Equity (ROE) | 0.51% | 3.40% | 2.90% | 1.68% | 3.43% | 3.79% |
| Return on Assets (ROA) | 0.33% | 2.24% | 1.92% | 1.12% | 2.25% | 2.43% |
| Current Ratio | 2.69× | 2.90× | 2.82× | 2.43× | 2.43× | 2.56× |
| Debt-to-Equity | 0.26× | 0.23× | 0.24× | 0.26× | 0.31× | 0.31× |
| Effective Tax Rate | 68.01% | 25.72% | 25.28% | 22.04% | 19.52% | 25.92% |
| Cash Conversion Ratio | 3.88× | 1.98× | 1.21× | 1.25× | 1.89× | 1.68× |
| Accruals Ratio | -0.01× | -0.02× | -0.00× | -0.00× | -0.02× | -0.02× |
| SBC % of Revenue | 2.05% | 3.53% | 2.55% | 1.36% | 0.89% | 3.01% |
| CapEx Coverage | 3.13× | 3.41× | 3.26× | 4.37× | 10.65× | 4.26× |
| Free Cash Flow Per Share | $0.22 | $0.77 | $0.38 | $0.25 | $0.85 | $0.70 |
Income Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 148.33M | 147.31M | 131.72M | 108.90M | 134.08M | 134.35M |
| Cost of Goods and Services Sold | 83.05M | 78.66M | 70.65M | 60.85M | 74.65M | 72.23M |
| Gross Profit | 65.28M | 68.65M | 61.08M | 48.05M | 59.43M | 62.12M |
| Selling, General and Administrative Expense | 52.30M | 38.30M | 35.51M | 32.17M | 32.84M | 34.12M |
| Operating Income (Loss) | 10.78M | 26.65M | 21.58M | 11.73M | 23.13M | 27.69M |
| Income Tax Expense (Benefit) | 5.84M | 6.33M | 5.06M | 2.43M | 4.12M | 6.49M |
| Net Income (Loss) Attributable to Parent | 2.75M | 18.29M | 14.95M | 8.58M | 16.97M | 18.54M |
| Earnings Per Share, Basic | $0.09 | $0.56 | $0.45 | $0.26 | $0.51 | $0.55 |
| Weighted Average Number of Shares Outstanding, Basic | 32.54M | 32.84M | 32.95M | 33.14M | 33.71M | 33.71M |
| Earnings Per Share, Diluted | $0.09 | $0.55 | $0.45 | $0.26 | $0.50 | $0.54 |
| Weighted Average Number of Shares Outstanding, Diluted | 32.80M | 33.18M | 33.24M | 33.31M | 34.06M | 34.09M |
Balance Sheet
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 52.27M | 46.86M | 29.75M | 36.53M | 39.54M | 38.74M |
| Assets, Current | 341.20M | 320.62M | 288.85M | 272.87M | 274.29M | 280.23M |
| Assets | 830.58M | 816.70M | 778.18M | 765.34M | 755.45M | 763.39M |
| Long-term Debt | 121.88M | — | — | — | 138.88M | — |
| Liabilities, Current | 126.84M | 110.60M | 102.46M | 112.50M | 112.66M | 109.68M |
| Long-term Debt, Excluding Current Maturities | 113.56M | 115.82M | 118.09M | 115.96M | 120.37M | 134.77M |
| Liabilities | 291.87M | 278.00M | 262.95M | 256.03M | 260.14M | 274.71M |
| Stockholders' Equity Attributable to Parent | 538.71M | 538.70M | 515.23M | 509.31M | 495.31M | 488.69M |
| Common Stock, Shares, Outstanding | 32.87M | 32.85M | 32.84M | 33.06M | 33.24M | 33.71M |
Cash Flow Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 10.65M | 36.15M | 18.17M | 10.74M | 32.06M | 31.06M |
| Payments to Acquire Property, Plant, and Equipment | 3.53M | 10.40M | 5.49M | 2.42M | 3.07M | 7.18M |
| Net Cash Provided by (Used in) Investing Activities | -3.21M | -9.88M | -5.40M | -2.35M | -3.65M | -11.32M |
| Payments for Repurchase of Common Stock | 0 | 15.77M | 15.77M | 9.77M | 13.95M | 6.19M |
| Net Cash Provided by (Used in) Financing Activities | -1.60M | -15.72M | -19.48M | -12.64M | -28.60M | -27.82M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (THR CIK 0001489096),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.