Thermon Group Holdings Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	522.01	498.21	494.63	440.59	355.67	276.18
Revenue Growth (YoY)	6.15%	0.72%	12.26%	23.88%	28.78%	-27.98%
Cost of Revenue	284.81	275.31	283.07	255.47	215.56	159.31
Gross Profit	237.2	222.9	211.56	185.13	140.12	116.87
Selling, General & Admin	138.83	129.31	123.82	117	93.05	89.83
Depreciation & Amortization Expenses	13.89	13.68	10.16	9.45	8.79	9.45
Other Operating Expenses	1.4	0.15	2.22	3.49	-0.13	10.19
Total Operating Expenses	154.11	143.14	136.19	129.94	101.71	109.47
Operating Income	83.09	79.76	75.37	55.19	38.41	7.41
Interest Expense	-8.3	-10.33	-8.85	-5.87	-5.82	-10.19
Other Non-Operating Income (Expense)	1.94	0.69	1.15	-0.09	-4.17	2.14
Total Non-Operating Income (Expense)	-6.36	-9.64	-7.7	-5.96	-9.98	-8.05
Pretax Income	76.73	70.12	67.67	49.23	28.43	-0.64
Provision for Income Taxes	17.94	16.6	16.09	15.57	8.33	-1.52
Net Income	58.8	53.52	51.59	33.67	20.09	0.88
Net Income to Common	58.8	53.52	51.59	33.67	20.09	0.88
Net Income Growth	26.10%	3.74%	53.23%	67.56%	2190.99%	-92.65%
Shares Outstanding (Basic)	33	34	34	33	33	33
Shares Outstanding (Diluted)	33	34	34	34	34	33
Shares Change (YoY)	-2.07%	-0.03%	0.95%	0.69%	0.52%	0.58%
EPS (Basic)	1.78	1.59	1.53	1.01	0.60	0.03
EPS (Diluted)	1.76	1.57	1.51	1.00	0.60	0.03
EPS Growth	29.41%	3.97%	51.00%	66.67%	1900.00%	-91.67%
Shares Outstanding	32.85	33.24	33.72	33.51	33.36	33.23
Free Cash Flow	54.73	52.87	54.94	48.26	23.53	22.16
Free Cash Flow Growth	3.52%	-3.77%	13.84%	105.07%	6.21%	-62.99%
Free Cash Flow Per Share	1.64	1.55	1.61	1.43	0.70	0.66
Gross Margin	45.44%	44.74%	42.77%	42.02%	39.40%	42.32%
Operating Margin	15.92%	16.01%	15.24%	12.53%	10.80%	2.68%
Profit Margin	11.26%	10.74%	10.43%	7.64%	5.65%	0.32%
FCF Margin	10.48%	10.61%	11.11%	10.95%	6.62%	8.02%
EBITDA	105.84	102.1	94.21	74.42	58.61	28.13
EBITDA Margin	20.28%	20.49%	19.05%	16.89%	16.48%	10.18%
EBIT	83.09	79.76	75.37	55.19	38.41	7.41
EBIT Margin	15.92%	16.01%	15.24%	12.53%	10.80%	2.68%
Effective Tax Rate	23.37%	23.68%	23.77%	31.62%	29.32%	236.18%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q