Thermon Group Holdings Net Income
| THR Stock | USD 45.25 0.33 0.72% |
As of the 2nd of February, Thermon Group has the Semi Deviation of 1.2, risk adjusted performance of 0.2352, and Coefficient Of Variation of 317.0. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thermon Group Holdings, as well as the relationship between them. Please validate Thermon Group Holdings semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Thermon Group is priced more or less accurately, providing market reflects its prevalent price of 45.25 per share. Given that Thermon Group Holdings has jensen alpha of 0.7137, we advise you to double-check Thermon Group Holdings's current market performance to make sure the company can sustain itself at a future point.
Thermon Group Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 3.1799 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 61.5 M | 64.6 M | |
| Net Income | 61.5 M | 64.6 M | |
| Net Income From Continuing Ops | 61.5 M | 64.6 M | |
| Net Income Per Share | 1.43 | 1.50 | |
| Net Income Per E B T | 0.88 | 0.70 |
Thermon | Net Income | Build AI portfolio with Thermon Stock |
Evaluating Thermon Group's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Thermon Group Holdings's fundamental strength.
Latest Thermon Group's Net Income Growth Pattern
Below is the plot of the Net Income of Thermon Group Holdings over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Thermon Group Holdings financial statement analysis. It represents the amount of money remaining after all of Thermon Group Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Thermon Group's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thermon Group's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 53.52 M | 10 Years Trend |
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Net Income |
| Timeline |
Thermon Net Income Regression Statistics
| Arithmetic Mean | 30,043,742 | |
| Geometric Mean | 22,203,668 | |
| Coefficient Of Variation | 63.92 | |
| Mean Deviation | 15,771,078 | |
| Median | 25,799,000 | |
| Standard Deviation | 19,205,083 | |
| Sample Variance | 368.8T | |
| Range | 63.7M | |
| R-Value | 0.54 | |
| Mean Square Error | 277.7T | |
| R-Squared | 0.29 | |
| Significance | 0.02 | |
| Slope | 2,062,237 | |
| Total Sum of Squares | 5901.4T |
Thermon Net Income History
Other Fundumenentals of Thermon Group Holdings
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Thermon Group Net Income component correlations
Thermon Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Thermon Group is extremely important. It helps to project a fair market value of Thermon Stock properly, considering its historical fundamentals such as Net Income. Since Thermon Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Thermon Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Thermon Group's interrelated accounts and indicators.
Click cells to compare fundamentals
Can Electrical Components & Equipment industry sustain growth momentum? Does Thermon have expansion opportunities? Factors like these will boost the valuation of Thermon Group. If investors know Thermon will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Thermon Group demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.607 | Earnings Share 1.74 | Revenue Per Share | Quarterly Revenue Growth 0.149 | Return On Assets |
The market value of Thermon Group Holdings is measured differently than its book value, which is the value of Thermon that is recorded on the company's balance sheet. Investors also form their own opinion of Thermon Group's value that differs from its market value or its book value, called intrinsic value, which is Thermon Group's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Thermon Group's market value can be influenced by many factors that don't directly affect Thermon Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thermon Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermon Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Thermon Group's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Thermon Group 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Thermon Group's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Thermon Group.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Thermon Group on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Thermon Group Holdings or generate 0.0% return on investment in Thermon Group over 90 days. Thermon Group is related to or competes with Ballard Power, Gorman Rupp, Astec Industries, Global Industrial, SFL, Global Ship, and Barrett Business. Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide More
Thermon Group Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Thermon Group's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Thermon Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.2969 | |||
| Maximum Drawdown | 15.73 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 4.3 |
Thermon Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thermon Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thermon Group's standard deviation. In reality, there are many statistical measures that can use Thermon Group historical prices to predict the future Thermon Group's volatility.| Risk Adjusted Performance | 0.2352 | |||
| Jensen Alpha | 0.7137 | |||
| Total Risk Alpha | 0.6381 | |||
| Sortino Ratio | 0.43 | |||
| Treynor Ratio | 0.6354 |
Thermon Group February 2, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2352 | |||
| Market Risk Adjusted Performance | 0.6454 | |||
| Mean Deviation | 1.8 | |||
| Semi Deviation | 1.2 | |||
| Downside Deviation | 1.68 | |||
| Coefficient Of Variation | 317.0 | |||
| Standard Deviation | 2.43 | |||
| Variance | 5.88 | |||
| Information Ratio | 0.2969 | |||
| Jensen Alpha | 0.7137 | |||
| Total Risk Alpha | 0.6381 | |||
| Sortino Ratio | 0.43 | |||
| Treynor Ratio | 0.6354 | |||
| Maximum Drawdown | 15.73 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 4.3 | |||
| Downside Variance | 2.81 | |||
| Semi Variance | 1.45 | |||
| Expected Short fall | (2.31) | |||
| Skewness | 1.29 | |||
| Kurtosis | 4.77 |
Thermon Group Holdings Backtested Returns
Thermon Group appears to be very steady, given 3 months investment horizon. Thermon Group Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.32, which indicates the firm had a 0.32 % return per unit of risk over the last 3 months. By inspecting Thermon Group's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please review Thermon Group's Semi Deviation of 1.2, risk adjusted performance of 0.2352, and Coefficient Of Variation of 317.0 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Thermon Group holds a performance score of 25. The entity has a beta of 1.19, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Thermon Group will likely underperform. Please check Thermon Group's semi variance, and the relationship between the sortino ratio and rate of daily change , to make a quick decision on whether Thermon Group's existing price patterns will revert.
Auto-correlation | 0.79 |
Good predictability
Thermon Group Holdings has good predictability. Overlapping area represents the amount of predictability between Thermon Group time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thermon Group Holdings price movement. The serial correlation of 0.79 indicates that around 79.0% of current Thermon Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 7.48 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Thermon Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Thermon Group Holdings reported net income of 53.52 M. This is 79.37% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 90.63% higher than that of the company.
Thermon Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thermon Group's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thermon Group could also be used in its relative valuation, which is a method of valuing Thermon Group by comparing valuation metrics of similar companies.Thermon Group is currently under evaluation in net income category among its peers.
Thermon Group Current Valuation Drivers
We derive many important indicators used in calculating different scores of Thermon Group from analyzing Thermon Group's financial statements. These drivers represent accounts that assess Thermon Group's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thermon Group's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 493.7M | 645.8M | 834.0M | 1.1B | 996.4M | 602.0M | |
| Enterprise Value | 641.1M | 767.1M | 926.7M | 1.2B | 1.1B | 700.6M |
Thermon Group ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Thermon Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Thermon Group's managers, analysts, and investors.Environmental | Governance | Social |
Thermon Group Institutional Holders
Institutional Holdings refers to the ownership stake in Thermon Group that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Thermon Group's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Thermon Group's value.| Shares | Geode Capital Management, Llc | 2025-06-30 | 791.1 K | State Street Corp | 2025-06-30 | 779.8 K | Swedbank Ab | 2025-06-30 | 653 K | Harvey Partners Llc | 2025-06-30 | 639.7 K | Needham Investment Management, Llc | 2025-06-30 | 623.5 K | Gw&k Investment Management, Llc | 2025-06-30 | 612.4 K | Ameriprise Financial Inc | 2025-06-30 | 548 K | Newsouth Capital Management Inc | 2025-06-30 | 499.6 K | Hotchkis & Wiley Capital Management Llc | 2025-06-30 | 467.8 K | Vanguard Group Inc | 2025-06-30 | 3.2 M | Blackrock Inc | 2025-06-30 | 2.6 M |
Thermon Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0679 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 1.62 B | ||||
| Shares Outstanding | 32.84 M | ||||
| Shares Owned By Insiders | 2.39 % | ||||
| Shares Owned By Institutions | 97.61 % | ||||
| Number Of Shares Shorted | 580.77 K | ||||
| Price To Earning | 23.44 X | ||||
| Price To Book | 2.91 X | ||||
| Price To Sales | 2.94 X | ||||
| Revenue | 498.21 M | ||||
| Gross Profit | 231.27 M | ||||
| EBITDA | 102.78 M | ||||
| Net Income | 53.52 M | ||||
| Cash And Equivalents | 39.54 M | ||||
| Cash Per Share | 1.20 X | ||||
| Total Debt | 151.69 M | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 2.20 X | ||||
| Book Value Per Share | 15.69 X | ||||
| Cash Flow From Operations | 63.12 M | ||||
| Short Ratio | 2.58 X | ||||
| Earnings Per Share | 1.74 X | ||||
| Price To Earnings To Growth | 4.04 X | ||||
| Target Price | 37.0 | ||||
| Number Of Employees | 1.57 K | ||||
| Beta | 0.79 | ||||
| Market Capitalization | 1.5 B | ||||
| Total Asset | 755.45 M | ||||
| Retained Earnings | 342.3 M | ||||
| Working Capital | 161.63 M | ||||
| Current Asset | 199.75 M | ||||
| Current Liabilities | 57.57 M | ||||
| Net Asset | 755.45 M |
About Thermon Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thermon Group Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thermon Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thermon Group Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 against Thermon Stock
| 0.79 | CMWCF | Cromwell Property | PairCorr |
| 0.67 | CPV | Clearvue Technologies | PairCorr |
| 0.62 | EGY | Energy Technologies | PairCorr |
| 0.6 | ETN | Eaton PLC Earnings Call Tomorrow | PairCorr |
| 0.42 | PBCRF | PT Bank Central | PairCorr |
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.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.