Thermon Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Thermon Group Holdings
THR Stock  USD 37.16  0.18  0.48%   
Thermon Group's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Thermon Group's valuation are provided below:
Gross Profit
231.3 M
Profit Margin
0.116
Market Capitalization
1.2 B
Enterprise Value Revenue
2.6367
Revenue
509.1 M
There are over one hundred nineteen available fundamental trend indicators for Thermon Group Holdings, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to double-check Thermon Group's current fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 01/02/2026, Market Cap is likely to drop to about 602 M. In addition to that, Enterprise Value is likely to drop to about 700.6 M

Thermon Group Total Revenue

358.87 Million

Check Thermon Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thermon Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19 M, Interest Expense of 7.4 M or Selling General Administrative of 386.5 K, as well as many indicators such as Price To Sales Ratio of 2.43, Dividend Yield of 0.0118 or PTB Ratio of 3.96. Thermon financial statements analysis is a perfect complement when working with Thermon Group Valuation or Volatility modules.
  
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Check out the analysis of Thermon Group Correlation against competitors.

Thermon Group Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets572 M868.8 M565.2 M
Slightly volatile
Short and Long Term Debt Total161.4 M174.4 M147.6 M
Slightly volatile
Other Current Liabilities24.1 M37.5 M22.6 M
Slightly volatile
Total Current Liabilities72.5 M129.6 M71.3 M
Slightly volatile
Total Stockholder Equity322 M569.6 M334.4 M
Slightly volatile
Other Liabilities21.2 M30.3 M23.5 M
Slightly volatile
Property Plant And Equipment Net59.5 M96.6 M60.7 M
Slightly volatile
Net Debt110.4 M129 M100.4 M
Slightly volatile
Accounts Payable23.2 M35.9 M22.9 M
Slightly volatile
Cash49.7 M45.5 M46 M
Very volatile
Non Current Assets Total360.9 M553.3 M356.5 M
Slightly volatile
Non Currrent Assets Other20.1 M19.1 M6.9 M
Slightly volatile
Long Term Debt141.1 M138.4 M127.1 M
Slightly volatile
Cash And Short Term Investments49.7 M45.5 M46 M
Very volatile
Net Receivables93.3 M148.6 M94 M
Slightly volatile
Good Will174.2 M304 M176.9 M
Slightly volatile
Common Stock Shares Outstanding35.3 M39.2 M33.2 M
Slightly volatile
Liabilities And Stockholders Equity572 M868.8 M565.2 M
Slightly volatile
Non Current Liabilities Total182.2 M169.6 M164 M
Pretty Stable
Inventory57.4 M102.3 M58.4 M
Slightly volatile
Other Current Assets11.7 M19 M11.2 M
Slightly volatile
Other Stockholder Equity216 M259.7 M212.7 M
Slightly volatile
Total Liabilities239.5 M299.2 M220.7 M
Slightly volatile
Property Plant And Equipment Gross192.9 M183.8 M90.2 M
Slightly volatile
Total Current Assets214.8 M315.4 M212.3 M
Slightly volatile
Intangible Assets119.4 M132.6 M111 M
Pretty Stable
Property Plant Equipment57.6 M96.6 M58.8 M
Slightly volatile
Current Deferred Revenue23.7 M22.5 M10.1 M
Slightly volatile
Short Term Debt12.9 M19.8 M16.2 M
Very volatile
Common Stock35.1 K38 K32.4 K
Slightly volatile
Common Stock Total Equity35.4 K38 K32.7 K
Slightly volatile
Long Term Debt Total140.2 M138.8 M128.3 M
Pretty Stable
Capital Surpluse245.3 M283.1 M226 M
Slightly volatile
Deferred Long Term Liabilities21.1 M10.9 M24.7 M
Slightly volatile
Non Current Liabilities Other10.3 M9.3 M8.6 M
Slightly volatile
Short and Long Term Debt17.4 M16.2 M38.7 M
Slightly volatile
Deferred Long Term Asset Charges3.2 M4.4 M2.9 M
Slightly volatile
Cash And Equivalents43.6 M45.5 M41.3 M
Very volatile
Net Invested Capital617.4 M728.7 M570.6 M
Slightly volatile
Net Working Capital126.7 M145.5 M155.5 M
Slightly volatile
Capital Stock36.5 K38 K33.6 K
Slightly volatile
Capital Lease Obligations12.4 M12 M17.1 M
Slightly volatile

Thermon Group Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization19 M25.7 M18.6 M
Slightly volatile
Interest Expense7.4 M9.3 M9.4 M
Pretty Stable
Selling General Administrative386.5 K406.8 K28.8 M
Slightly volatile
Total Revenue358.9 M572.9 M352.4 M
Slightly volatile
Gross Profit157.6 M256.3 M156.9 M
Slightly volatile
Other Operating Expenses307.7 M481.2 M302.6 M
Slightly volatile
EBIT48.8 M92.5 M47.8 M
Slightly volatile
Research Development5.6 M10.8 M5.9 M
Slightly volatile
EBITDA66.7 M118.2 M66.4 M
Slightly volatile
Cost Of Revenue201.2 M316.6 M195.5 M
Slightly volatile
Total Operating Expenses106.5 M164.6 M107 M
Slightly volatile
Net Income Applicable To Common Shares64.6 M61.5 M30.1 M
Slightly volatile
Net Income64.6 M61.5 M30 M
Slightly volatile
Net Income From Continuing Ops64.6 M61.5 M29.4 M
Slightly volatile
Selling And Marketing Expenses102.5 M148.7 M93.5 M
Slightly volatile
Interest Income12.5 M11.9 M4.7 M
Slightly volatile
Reconciled Depreciation17.3 M20.1 M22.4 M
Slightly volatile

Thermon Group Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation4.1 M6 M4 M
Slightly volatile
Begin Period Cash Flow47.6 M58 M47.9 M
Very volatile
Depreciation18.9 M25.7 M19.3 M
Slightly volatile
Capital Expenditures8.3 M11.8 M8.5 M
Slightly volatile
Total Cash From Operating Activities42.3 M72.6 M42.3 M
Slightly volatile
Net Income64.6 M61.5 M30.2 M
Slightly volatile
End Period Cash Flow49.4 M47.6 M47.1 M
Very volatile
Issuance Of Capital Stock776.6 K1.2 M682.6 K
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.432.172.1878
Slightly volatile
Dividend Yield0.01180.01340.0146
Slightly volatile
PTB Ratio3.962.183.0784
Slightly volatile
Days Sales Outstanding74.4685.2294.5419
Slightly volatile
Book Value Per Share7.3213.2210.1306
Slightly volatile
Operating Cash Flow Per Share0.911.691.2289
Slightly volatile
Stock Based Compensation To Revenue0.00870.00950.0111
Very volatile
Capex To Depreciation0.340.410.4352
Very volatile
PB Ratio3.962.183.0784
Slightly volatile
EV To Sales2.772.432.4808
Slightly volatile
Inventory Turnover4.133.563.5601
Slightly volatile
Net Income Per Share1.51.430.8524
Slightly volatile
Days Of Inventory On Hand81.78106105
Slightly volatile
Payables Turnover9.7710.158.7699
Pretty Stable
Research And Ddevelopement To Revenue0.01370.0170.0162
Slightly volatile
Capex To Revenue0.01820.01850.0242
Pretty Stable
Cash Per Share1.141.061.4538
Pretty Stable
POCF Ratio27.7617.125.1165
Slightly volatile
Payout Ratio0.350.210.2108
Pretty Stable
Capex To Operating Cash Flow0.320.190.3115
Slightly volatile
Days Payables Outstanding33.5837.2142.1816
Pretty Stable
Income Quality1.011.063.0444
Pretty Stable
ROE0.170.120.1209
Slightly volatile
EV To Operating Cash Flow32.4419.1529.1846
Slightly volatile
PE Ratio15.015.7970.9681
Very volatile
Return On Tangible Assets0.130.160.1086
Pretty Stable
Earnings Yield0.04090.06560.0368
Pretty Stable
Intangibles To Total Assets0.560.580.5157
Very volatile
Net Debt To EBITDA2.01.251.6786
Pretty Stable
Current Ratio3.472.83.1898
Pretty Stable
Receivables Turnover4.554.433.9951
Slightly volatile
Graham Number21.6520.6213.2639
Slightly volatile
Shareholders Equity Per Share7.0913.229.8232
Slightly volatile
Debt To Equity0.330.350.5629
Slightly volatile
Capex Per Share0.180.270.2522
Slightly volatile
Revenue Per Share7.7213.310.2784
Slightly volatile
Interest Debt Per Share3.614.334.5751
Pretty Stable
Debt To Assets0.330.230.2757
Slightly volatile
Enterprise Value Over EBITDA15.3611.7613.6419
Very volatile
Short Term Coverage Ratios3.463.164.1499
Pretty Stable
Price Earnings Ratio15.015.7970.9681
Very volatile
Operating Cycle156191200
Slightly volatile
Price Book Value Ratio3.962.183.0784
Slightly volatile
Days Of Payables Outstanding33.5837.2142.1816
Pretty Stable
Dividend Payout Ratio0.350.210.2108
Pretty Stable
Price To Operating Cash Flows Ratio27.7617.125.1165
Slightly volatile
Effective Tax Rate0.280.210.3837
Pretty Stable
Company Equity Multiplier2.371.751.9457
Slightly volatile
Long Term Debt To Capitalization0.370.220.3035
Slightly volatile
Total Debt To Capitalization0.410.270.3329
Slightly volatile
Debt Equity Ratio0.330.350.5629
Slightly volatile
Quick Ratio2.571.892.3488
Slightly volatile
Dividend Paid And Capex Coverage Ratio4.145.545.4662
Pretty Stable
Cash Ratio0.380.40.724
Slightly volatile
Cash Conversion Cycle123154158
Slightly volatile
Operating Cash Flow Sales Ratio0.0960.110.1168
Very volatile
Days Of Inventory Outstanding81.78106105
Slightly volatile
Days Of Sales Outstanding74.4685.2294.5419
Slightly volatile
Cash Flow Coverage Ratios0.230.370.3009
Pretty Stable
Price To Book Ratio3.962.183.0784
Slightly volatile
Fixed Asset Turnover7.776.826.6263
Slightly volatile
Capital Expenditure Coverage Ratio7.47.085.7485
Very volatile
Price Cash Flow Ratio27.7617.125.1165
Slightly volatile
Enterprise Value Multiple15.3611.7613.6419
Very volatile
Debt Ratio0.330.230.2757
Slightly volatile
Cash Flow To Debt Ratio0.230.370.3009
Pretty Stable
Price Sales Ratio2.432.172.1878
Slightly volatile
Return On Assets0.06270.08150.0543
Pretty Stable
Asset Turnover0.730.760.6543
Pretty Stable
Net Profit Margin0.090.120.079
Very volatile
Gross Profit Margin0.480.510.4548
Slightly volatile
Price Fair Value3.962.183.0784
Slightly volatile
Return On Equity0.170.120.1209
Slightly volatile

Thermon Group Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap602 M996.4 M770.3 M
Slightly volatile
Enterprise Value700.6 M1.1 B896.2 M
Slightly volatile

Thermon Fundamental Market Drivers

Forward Price Earnings17.5131
Cash And Short Term Investments39.5 M

Thermon Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
23rd of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

About Thermon Group Financial Statements

Thermon Group shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Thermon Group investors may analyze each financial statement separately, they are all interrelated. The changes in Thermon Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on Thermon Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue22.5 M23.7 M
Total Revenue572.9 M358.9 M
Cost Of Revenue316.6 M201.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Research And Ddevelopement To Revenue 0.02  0.01 
Capex To Revenue 0.02  0.02 
Revenue Per Share 13.30  7.72 
Ebit Per Revenue 0.18  0.14 

Pair Trading with Thermon Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thermon Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thermon Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Thermon Stock

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Moving against Thermon Stock

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The ability to find closely correlated positions to Thermon Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thermon Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thermon Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thermon Group Holdings to buy it.
The correlation of Thermon Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thermon Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thermon Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thermon Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Thermon Stock Analysis

When running Thermon Group's price analysis, check to measure Thermon Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.
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