Thermon Group Holdings, Inc. (THR)

Thermon Group Holdings Income Statement

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

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

Updated May 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q