Thermon Group Holdings, Inc. (THR)

Thermon Group Holdings Cash Flow 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	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	58.8	53.52	51.59	33.67	20.09	0.88
Depreciation & Amortization	22.75	22.34	18.84	19.23	20.21	20.72
Stock-Based Compensation	6.4	5.24	5.75	5.95	3.8	3.73
Other Adjustments	-1.58	-1.61	-2.29	-4.83	0.88	0.13
Change in Receivables	7.06	-4.22	-0.54	-2.91	-21.74	22.93
Changes in Inventories	-22.12	-0.7	3.78	-8.84	-8.6	-0.55
Changes in Accounts Payable	7.34	-1.16	2.71	-7.12	13.75	-5.65
Changes in Accrued Expenses	2.5	3.41	-6.36	11.15	2.23	-0.24
Changes in Income Taxes Payable	1.09	2.35	-2.49	7.3	4.32	-6.84
Changes in Unearned Revenue	-10.82	-6.66	-0.1	4.05	-3.29	-2.69
Changes in Other Operating Activities	-2.18	-9.4	-4.94	0.06	-2.89	-2.13
Operating Cash Flow	68.21	63.12	65.96	57.71	28.75	30.29
Operating Cash Flow Growth	-0.32%	-4.30%	14.28%	100.72%	-5.07%	-57.17%
Capital Expenditures	-13.48	-10.25	-11.02	-9.45	-5.22	-8.13
Sale of Property, Plant & Equipment	0.51	5.82	0.94	0.2	0.69	0.3
Payments for Business Acquisitions	-0.58	-10.55	-100.47	-35.3	-	-
Proceeds from Business Divestments	-	-	1.03	-	-	-
Investing Cash Flow	-13.53	-14.97	-109.52	-44.56	-4.53	-7.83
Short-Term Debt Issued	43.71	12	18	34.5	18.46	37.19
Short-Term Debt Repaid	-24.01	-17	-27.5	-20	-8.13	-7.46
Net Short-Term Debt Issued (Repaid)	19.7	-5	-9.5	14.5	10.33	29.73
Long-Term Debt Issued	62.5	-	100	-	139.79	-
Long-Term Debt Repaid	-154.94	-28.63	-30.87	-27.18	-170.78	-57.5
Net Long-Term Debt Issued (Repaid)	-92.44	-28.63	69.13	-27.18	-30.99	-57.5
Issuance of Common Stock	-	0.63	-	-	0.1	0.63
Repurchase of Common Stock	-33.33	-23.37	-2.31	-0.64	-0.67	-0.78
Net Common Stock Issued (Repurchased)	-33.33	-22.74	-2.31	-0.64	-0.58	-0.16
Other Financing Activities	-0.27	-0.06	-0.79	-0.14	-1.42	-0.28
Financing Cash Flow	-44.32	-56.42	56.53	-13.47	-22.66	-28.21
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1.65	-0.74	-1.06	-1.17	-0.08	2.19
Net Cash Flow	12.02	-9.01	11.91	-5.41	1.48	-3.56
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%
FCF Margin	10.48%	10.61%	11.11%	10.95%	6.62%	8.02%
Free Cash Flow Per Share	1.64	1.55	1.61	1.43	0.70	0.66
Levered Free Cash Flow	-28.85	19.83	111.64	37.36	19.93	-32.41
Unlevered Free Cash Flow	48.77	60.81	57.88	54.12	47.65	-15.59

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

SEC Filings: 10-K · 10-Q