Thermon Group Holdings, Inc. (THR)
| Market Cap | 2.15B +154.6% |
| Revenue (ttm) | 522.01M +6.1% |
| Net Income | 58.80M +26.1% |
| EPS | 1.77 +29.5% |
| Shares Out | 32.85M |
| PE Ratio | 36.86 |
| Forward PE | 30.06 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 791,619 |
| Open | 68.70 |
| Previous Close | 68.75 |
| Day's Range | 64.64 - 69.26 |
| 52-Week Range | 23.86 - 71.24 |
| Beta | 0.83 |
| Analysts | Buy |
| Price Target | 54.00 (-17.33%) |
| Earnings Date | May 21, 2026 |
About THR
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers heat tracing solutions, including software automated engineering design services, heat tracing products, smart connected control and monitoring systems, construction services, and maintenance services; tubing bundle solutions comprising bundle design services, heated, and insulated sample lines; temporary power system... [Read more]
Financial Performance
In fiscal year 2025, Thermon Group Holdings's revenue was $498.21 million, an increase of 0.72% compared to the previous year's $494.63 million. Earnings were $53.52 million, an increase of 3.74%.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for THR stock is "Buy." The 12-month stock price target is $54.0, which is a decrease of -17.33% from the latest price.
News
Thermon Highlights Enhanced Organic Growth Opportunity Driven by Accelerating Momentum from New Products in Data Centers
AUSTIN, TX / ACCESS Newswire / April 20, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), today announced accelerating order and quoting activity across key new product platforms, led by st...
Thermon Group Holdings Transcript: The 38th Annual Roth Conference
The merger creates a diversified industrial leader with double-digit growth and strong EBITDA margins, leveraging complementary strengths in power, data centers, and industrial markets. Immediate commercial synergies, a robust sales pipeline, and a healthy balance sheet position the company for organic and inorganic expansion.
Craig-Hallum cuts Thermon Group to Hold after announced combination with Ceco
As previously reported, Craig-Hallum downgraded Thermon Group (THR) to Hold from Buy with a $51 price target following announced combination with Ceco Environmental (CECO) for $2.2B or 17-times EBITDA...
Thermon Group downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum analyst Aaron Spychalla downgraded Thermon Group (THR) to Hold from Buy with a $51 price target after the company entered into an agreement to be acquired by Ceco Environmental
Thermon Group downgraded to Market Perform from Outperform at CJS Securities
CJS Securities analyst Justin Ages downgraded Thermon Group (THR) to Market Perform from Outperform after the company entered into an agreement to be acquired by Ceco Environmental (CECO). Published f...
Ceco Environmental price target raised to $80 from $60 at Lake Street
Lake Street analyst Rob Brown raised the firm’s price target on Ceco Environmental (CECO) to $80 from $60 and keeps a Buy rating on the shares. The Thermon (THR) acquisition
Thermon Group downgraded to Neutral from Buy at Roth Capital
Roth Capital downgraded Thermon Group (THR) to Neutral from Buy with a $51 price target after the company entered into an agreement to be acquired by Ceco Environmental (CECO). Published
Thermon downgraded to Market Perform from Outperform at William Blair
William Blair downgraded Thermon Group (THR) to Market Perform from Outperform without a price target after the company entered into an agreement to combine with CECO Environmental (CECO). The firm
Ceco Environmental, Thermon Group to merge in $2.2B stock, cash transaction
06:30 EST Ceco Environmental (CECO), Thermon Group (THR) to merge in $2.2B stock, cash transaction Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news....
Ceco Environmental, Thermon Group to merge in $2.2B stock, cash transaction
Ceco Environmental (CECO) and Thermon Group Holdings (THR) announced the companies have entered into a definitive agreement to combine in a stock and cash transaction valued at approximately $2.2B. Th...
Thermon Group Holdings Earnings Call Transcript: Q3 2026
Record Q3 results with 10% revenue growth, 12% higher Adjusted EBITDA, and strong order momentum. Raised FY26 guidance for revenue and EBITDA, driven by robust demand in data centers, LNG, and electrification trends.
Thermon Reports Third Quarter Fiscal 2026 Results
Delivering Record Revenue, Profitability and Bookings Raising Full-Year Fiscal 2026 Guidance AUSTIN, TX / ACCESS Newswire / February 5, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the...
Thermon Group price target raised to $54 from $38 at Roth Capital
Roth Capital analyst Chip Moore raised the firm’s price target on Thermon Group (THR) to $54 from $38 and keeps a Buy rating on the shares ahead of its Q3
Craig-Hallum initiates Thermon Group with a Buy on sizable growth opportunities
As previously reported, Craig-Hallum analyst Aaron Spychalla initiated coverage of Thermon Group (THR) with a Buy rating and $60 price target The firm sees improving business that has transformed in
Thermon Group initiated with a Buy at Craig-Hallum
Craig-Hallum initiated coverage of Thermon Group (THR) with a Buy rating and $60 price target Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try
Thermon Schedules Third Quarter Fiscal 2026 Earnings Conference Call - February 5, 2026
AUSTIN, TX / ACCESS Newswire / January 29, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the third quarter of t...
Thermon Group price target raised to $38 from $33 at Roth Capital
Roth Capital analyst Chip Moore raised the firm’s price target on Thermon Group (THR) to $38 from $33 and keeps a Buy rating on the shares after its Q2 earnings
Thermon Group Holdings Earnings Call Transcript: Q2 2026
Q2 saw 15% revenue growth and 29% higher Adjusted EBITDA, with strong margin execution and a 17% increase in backlog. Full-year guidance was raised, driven by robust project activity, new orders in data centers and medium voltage heaters, and continued financial discipline.
Thermon Reports Second Quarter Fiscal 2026 Results
Raises Full-Year Guidance Amid Margin Expansion and Strategic Execution AUSTIN, TX / ACCESS Newswire / November 6, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a divers...
Thermon Schedules Second Quarter Fiscal 2026 Earnings Conference Call - November 6, 2025
AUSTIN, TX / ACCESS Newswire / October 30, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter of ...
Thermon Group Holdings Earnings Call Transcript: Q1 2026
Q1 saw a 5% revenue decline due to project delays, but gross margin improved and backlog grew 27%. Strategic growth in data centers, rail/transit, and electrification, plus strong liquidity and disciplined capital allocation, support a positive outlook for fiscal 2026.
Thermon Reports First Quarter Fiscal 2026 Results
AUSTIN, TX / ACCESS Newswire / August 7, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolida...
Thermon Schedules First Quarter Fiscal 2026 Earnings Conference Call - August 7, 2025
AUSTIN, TX / ACCESS Newswire / July 31, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the first quarter of the ...
Thermon(R) Introduces Poseidon(TM) and Pontus(TM) Liquid Load Banks: Revolutionizing Data Center Commissioning and Validation
AUSTIN, TX / ACCESS Newswire / July 29, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in thermal management, power distribution, and environmental controls, today announc...
Thermon Names Thomas Cerovski as Chief Operating Officer
AUSTIN, TX / ACCESS Newswire / July 1, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced the promoti...