Electrical Industrial Apparatus · SIC 3620

Thermon Group Holdings, Inc.

THR

Watch

Latest revenue

$147.3M

as of 2025-12-31

Latest net income

$18.3M

as of 2025-12-31

Net margin

12.4%

as of 2025-12-31

Price · 5Y

+30.5% / yr 16.8 pts / yr vs S&P 500 277.0% total
Compare:

Live market

delayed ≤15 min
$65.71
1.03%
Market cap
$2.16B
Enterprise value
$2.16B
P/E (trailing)
40.4×
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$71.24
52-wk low
$23.86
Beta
Shares out
32.9M

5-year trend

dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).

What this company does

AI

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations Introduction and Special Note Regarding Forward-Looking Statements Management’s discussion and analysis of our financial condition and results of operations is provided as a supplement to the unaudited condensed consolidated financial statements and accompanying notes thereto for the three and nine months ended December 31, 2023 and 2022 to help provide an understanding of our financial condition, changes in our financial condition and results of our operations. In this quarterly report, we refer to the three month periods ended December 31, 2023 and 2022 as "Interim 2024" and "Interim 2023,"…

AI summary unavailable — showing raw filing excerpt

Generated from THR's filing dated 2024-02-01

Key risks

AI

Item 1A. Risk Factors There have been no material changes from the risk factors previously disclosed in Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 31, 2023, filed with the SEC on May 25, 2023.

AI summary unavailable — showing raw filing excerpt

Generated from THR's filing dated 2024-02-01

Profitability

Gross margin

44.7%

4.6%

Operating margin

16.0%

5.1%

Net margin

10.7%

3.0%

Return on equity

10.8%

0.5%

Return on assets

7.1%

5.4%

Leverage

Debt / equity

0.53×

14.8%

Long-term debt / equity

0.24×

24.1%

Debt / assets

34.4%

9.7%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q4 2025

2025-12-31

$147.3M+9.6%$18.3M-1.3%12.4%

Q3 2025

2025-09-30

$131.7M+14.9%$15.0M+57.5%11.4%

Q2 2025

2025-06-30

$108.9M-5.4%$8.6M+0.8%7.9%

Q1 2025

2025-03-31

$134.1M+5.0%$17.0M+68.3%12.7%

Q4 2024

2024-12-31

$134.4M-1.5%$18.5M+17.1%13.8%

Q3 2024

2024-09-30

$114.6M-7.3%$9.5M-35.5%8.3%

Q2 2024

2024-06-30

$115.1M+7.7%$8.5M-22.2%7.4%

Q1 2024

2024-03-31

$127.7M$10.1M7.9%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Electrical Industrial Apparatus · SIC 3620

No data yet for industry average

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Insider activity

Insider buying

$0

Insider selling

$0

Net activity

+$0

Distinct insiders

0

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns THR

Institutional value

$778.9M

Total shares held

16.4M

Distinct holders

107

-84 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.2.6M$130.4M-93.5K (-3.5%)Trimmed
2DIMENSIONAL FUND ADVISORS LP1.7M$87.2M-479 (-0.0%)Trimmed
3VANGUARD PORTFOLIO MANAGEMENT LLC1.4M$70.8MNew
4VANGUARD CAPITAL MANAGEMENT LLC1.4M$69.9MNew
5Magnetar Financial LLC758.0K$38.2MNew
6WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC647.5K$32.6M-239.9K (-27.0%)Trimmed
7CITIGROUP INC577.9K$29.1M+566.3K (+4861.6%)Added
8ALPINE ASSOCIATES MANAGEMENT INC.485.9K$24.5MNew
9Swedbank AB470.0K$23.7M-918.0K (-66.1%)Trimmed
10NEW SOUTH CAPITAL MANAGEMENT INC458.4K$23.1M-16.2K (-3.4%)Trimmed
11Nuveen, LLC428.2K$21.6M+207.5K (+94.1%)Added
12KENNEDY CAPITAL MANAGEMENT LLC368.8K$18.6M-15.1K (-3.9%)Trimmed
13Assenagon Asset Management S.A.345.7K$17.4M+90.0K (+35.2%)Added
14UBS Group AG336.6K$17.0M+31.5K (+10.3%)Added
15DEUTSCHE BANK AG\319.7K$16.1M+3.5K (+1.1%)Added
16First Eagle Investment Management, LLC305.4K$15.4M-95.1K (-23.8%)Trimmed
17Invesco Ltd.294.8K$14.9M+21.8K (+8.0%)Added
18JPMORGAN CHASE & CO234.8K$11.5M-102.4K (-30.4%)Trimmed
19VANGUARD FIDUCIARY TRUST CO213.5K$10.8MNew
20JANE STREET GROUP, LLC205.6K$10.4M+97.7K (+90.5%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once THR's latest filing finishes processing.