Thermon Group Holdings, Inc. (THR)

Thermon Group Holdings Income Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue	536.26	498.21	494.63	440.59	355.67
Revenue Growth	7.64%	0.72%	12.26%	23.88%	28.78%
Cost of Revenue	293.21	275.21	283.07	255.47	215.56
Gross Profit	243.06	223	211.56	185.13	140.12
Selling, General & Admin	158.29	129.31	123.82	117	92.9
Amortization of Goodwill & Intangibles	13.43	13.68	10.16	9.45	8.79
Operating Expenses	172.32	143.44	135.21	126.24	101.98
Operating Income	70.74	79.56	76.36	58.88	38.14
Interest Expense	-8	-10.33	-8.85	-5.87	-5.82
Currency Exchange Gain (Loss)	-0.71	0.07	-0.2	-0.1	-1.94
Other Non Operating Income (Expenses)	1.34	0.61	1.35	0.01	0.34
EBT Excluding Unusual Items	63.38	69.92	68.66	52.93	30.73
Merger & Restructuring Charges	-	0.2	-0.98	-3.69	0.26
Other Unusual Items	-	-	-	-	-2.57
Pretax Income	64.23	70.12	67.67	49.23	28.43
Income Tax Expense	19.66	16.6	16.09	15.57	8.33
Earnings From Continuing Operations	44.57	53.52	51.59	33.67	20.09
Net Income	44.57	53.52	51.59	33.67	20.09
Net Income to Common	44.57	53.52	51.59	33.67	20.09
Net Income Growth	-16.71%	3.74%	53.23%	67.56%	2190.99%
Shares Outstanding (Basic)	33	34	34	33	33
Shares Outstanding (Diluted)	33	34	34	34	34
Shares Change	-3.69%	-0.03%	0.95%	0.69%	0.52%
EPS (Basic)	1.37	1.59	1.53	1.01	0.60
EPS (Diluted)	1.36	1.57	1.51	1.00	0.60
EPS Growth	-13.38%	3.97%	51.00%	66.67%	2166.97%

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	32.86	52.87	54.94	48.26	23.53
Free Cash Flow Per Share	1.00	1.55	1.61	1.43	0.70
Gross Margin	45.32%	44.76%	42.77%	42.02%	39.40%
Operating Margin	13.19%	15.97%	15.44%	13.36%	10.72%
Profit Margin	8.31%	10.74%	10.43%	7.64%	5.65%
Free Cash Flow Margin	6.13%	10.61%	11.11%	10.95%	6.62%
EBITDA	93.18	101.87	94.97	77.78	58
EBITDA Margin	17.38%	20.45%	19.20%	17.65%	16.31%
D&A For EBITDA	22.44	22.32	18.61	18.9	19.86
EBIT	70.74	79.56	76.36	58.88	38.14
EBIT Margin	13.19%	15.97%	15.44%	13.36%	10.72%
Effective Tax Rate	30.60%	23.68%	23.77%	31.62%	29.32%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 19, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jan 1, 2000

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