Thermon Group Holdings, Inc. (THR)

Thermon Group Holdings Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	491.98	498.21	494.63	440.59	355.67	276.18
Revenue Growth (YoY)	-2.17%	0.72%	12.26%	23.88%	28.78%	-27.98%
Cost of Revenue	270.87	274.71	278.74	255.47	215.56	163.55
Gross Profit	221.11	223.5	215.89	185.13	140.12	112.64
Selling, General & Admin	128.51	127.43	123.82	117	92.9	92.01
Amortization of Goodwill & Intangibles	13.77	13.68	10.16	9.45	8.79	9.45
Operating Expenses	143.29	141.56	135.21	126.24	101.98	103.02
Operating Income	77.82	81.94	80.68	58.88	38.14	9.62
Interest Expense	-9.44	-10.33	-8.85	-5.87	-5.82	-10.19
Currency Exchange Gain (Loss)	-0.03	0.07	-0.2	-0.1	-1.94	0.28
Other Non Operating Income (Expenses)	1.82	0.61	1.35	0.01	0.34	1.85
EBT Excluding Unusual Items	70.17	72.3	72.98	52.93	30.73	1.57
Merger & Restructuring Charges	-0.07	-2.18	-0.98	-3.69	0.26	-8.62
Other Unusual Items	-	-	-4.33	-	-2.57	6.41
Pretax Income	70.1	70.12	67.67	49.23	28.43	-0.64
Income Tax Expense	16.51	16.6	16.09	15.57	8.33	-1.52
Earnings From Continuing Operations	53.59	53.52	51.59	33.67	20.09	0.88
Net Income	53.59	53.52	51.59	33.67	20.09	0.88
Net Income to Common	53.59	53.52	51.59	33.67	20.09	0.88
Net Income Growth	9.00%	3.74%	53.23%	67.56%	2190.99%	-92.65%
Shares Outstanding (Basic)	34	34	34	33	33	33
Shares Outstanding (Diluted)	34	34	34	34	34	33
Shares Change (YoY)	-0.74%	-0.03%	0.95%	0.69%	0.52%	0.58%
EPS (Basic)	1.60	1.59	1.53	1.01	0.60	0.03
EPS (Diluted)	1.58	1.57	1.51	1.00	0.60	0.03
EPS Growth	9.96%	3.97%	51.00%	66.67%	2166.97%	-92.65%
Free Cash Flow	52.45	52.87	54.94	48.26	23.53	22.16
Free Cash Flow Per Share	1.55	1.55	1.61	1.43	0.70	0.67
Gross Margin	44.94%	44.86%	43.65%	42.02%	39.40%	40.78%
Operating Margin	15.82%	16.45%	16.31%	13.36%	10.72%	3.48%
Profit Margin	10.89%	10.74%	10.43%	7.64%	5.65%	0.32%
Free Cash Flow Margin	10.66%	10.61%	11.11%	10.95%	6.62%	8.02%
EBITDA	100.24	104.26	99.29	77.78	58	29.57
EBITDA Margin	20.37%	20.93%	20.07%	17.65%	16.31%	10.71%
D&A For EBITDA	22.42	22.32	18.61	18.9	19.86	19.96
EBIT	77.82	81.94	80.68	58.88	38.14	9.62
EBIT Margin	15.82%	16.45%	16.31%	13.36%	10.72%	3.48%
Effective Tax Rate	23.55%	23.68%	23.77%	31.62%	29.32%	-

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q