Thermon Group Holdings, Inc. (THR)

Thermon Group Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	493.86	494.63	440.59	355.67	276.18	383.49
Revenue Growth (YoY)	3.94%	12.27%	23.87%	28.78%	-27.98%	-7.07%
Cost of Revenue	282.71	283.07	251.14	215.56	163.55	221.85
Gross Profit	211.14	211.56	189.45	140.12	112.64	161.64
Selling, General & Admin	125.5	122.29	112.28	92.9	92.01	111.59
Operating Expenses	139.58	133.68	121.52	101.98	103.02	128.98
Operating Income	71.56	77.88	67.93	38.14	9.62	32.66
Interest Expense	-10.97	-8.85	-5.87	-5.82	-10.19	-14.03
Currency Exchange Gain (Loss)	-0.03	-0.2	-0.1	-1.94	0.28	-0.58
Other Non Operating Income (Expenses)	1.81	1.35	0.01	0.34	1.85	-0.98
EBT Excluding Unusual Items	62.37	70.19	61.98	30.73	1.57	17.08
Merger & Restructuring Charges	-4.35	-2.51	-3.82	0.26	-8.62	-
Other Unusual Items	-	-	-8.93	-2.57	6.41	-
Pretax Income	58.02	67.67	49.23	28.43	-0.64	17.08
Income Tax Expense	14.09	16.09	15.57	8.33	-1.52	5.14
Earnings From Continuing Operations	43.93	51.59	33.67	20.09	0.88	11.94
Minority Interest in Earnings	-	-	-	-	-	0
Net Income	43.93	51.59	33.67	20.09	0.88	11.94
Net Income to Common	43.93	51.59	33.67	20.09	0.88	11.94
Net Income Growth	5.10%	53.23%	67.56%	2190.99%	-92.65%	-47.54%
Shares Outstanding (Basic)	34	34	33	33	33	33
Shares Outstanding (Diluted)	34	34	34	34	33	33
Shares Change (YoY)	0.24%	0.95%	0.69%	0.52%	0.58%	0.29%
EPS (Basic)	1.30	1.53	1.01	0.60	0.03	0.36
EPS (Diluted)	1.29	1.51	1.00	0.60	0.03	0.36
EPS Growth	4.78%	51.00%	66.67%	2166.97%	-92.65%	-47.83%
Free Cash Flow	71.72	54.94	48.26	23.53	22.16	59.87
Free Cash Flow Per Share	2.11	1.61	1.43	0.70	0.66	1.81
Gross Margin	42.75%	42.77%	43.00%	39.40%	40.78%	42.15%
Operating Margin	14.49%	15.75%	15.42%	10.72%	3.48%	8.52%
Profit Margin	8.89%	10.43%	7.64%	5.65%	0.32%	3.11%
Free Cash Flow Margin	14.52%	11.11%	10.95%	6.62%	8.02%	15.61%
EBITDA	92.51	96.49	86.83	58	29.57	60.15
EBITDA Margin	18.73%	19.51%	19.71%	16.31%	10.71%	15.68%
D&A For EBITDA	20.95	18.61	18.9	19.86	19.96	27.49
EBIT	71.56	77.88	67.93	38.14	9.62	32.66
EBIT Margin	14.49%	15.75%	15.42%	10.72%	3.48%	8.52%
Effective Tax Rate	24.29%	23.77%	31.62%	29.32%	-	30.11%

Source: S&P Capital IQ. Standard template. Financial Sources.