Thermon Group Holdings, Inc. (THR) — Financial statements
Income statement, balance sheet, and cash flow for Thermon Group Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 498↑0.7% | 495↑12.3% | 441↑23.9% | 356↑28.8% | 276 | |
| Cost of Revenue | 275↓2.7% | 283↑10.8% | 255↑18.5% | 216↑35.3% | 159 | |
| Gross Profit | 223↑5.4% | 212↑14.3% | 185↑32.1% | 140↑19.9% | 117 | |
| Operating Expenses | ||||||
| R&D Expenses | 9↓5.9% | 10↓8.0% | 11 | 0.00↓100.0% | 8 | |
| General & Administrative Expenses | 0.45↑866.1% | -0.06↑71.6% | -0.21↓173.5% | 0.28↓81.9% | 2 | |
| Selling & Marketing Expenses | 129↑4.4% | 124↑5.8% | 117↑25.7% | 93↑3.6% | 90 | |
| SG&A Expenses | 130↑4.8% | 124↑6.0% | 117↑25.1% | 93↑2.1% | 91 | |
| Other Expenses | 4↑64.1% | 2↑7.6% | 2↓73.3% | 8↓14.8% | 10 | |
| Operating Expenses | 143↑5.1% | 136↑4.8% | 130↑27.7% | 102↓7.1% | 109 | |
| Total Costs & Expenses | 418↓0.2% | 419↑8.8% | 385↑21.5% | 317↑18.0% | 269 | |
| Operating Results | ||||||
| Operating Income | 80↑5.8% | 75↑36.6% | 55↑43.7% | 38↑418.6% | 7 | |
| Depreciation & Amortization | 22↑18.6% | 19↓2.0% | 19↓4.8% | 20↓2.5% | 21 | |
| EBITDA | 103↑7.8% | 95↑28.3% | 74↑36.5% | 54↑79.9% | 30 | |
| EBIT | 80↑5.1% | 77↑38.9% | 55↑60.9% | 34↑258.9% | 10 | |
| Interest & Other Income | ||||||
| Net Interest Income | -10↓16.7% | -9↓50.7% | -6↓1.0% | -6↑42.9% | -10 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 0.08 | |
| Interest Expense | 10↑16.7% | 9↑50.7% | 6↑1.0% | 6↓43.3% | 10 | |
| Non-Operating Income | -0.69↑40.2% | -1↓1434.9% | 0.09↓97.9% | 4↑295.1% | -2 | |
| Other Income / Expenses | -10↓25.2% | -8↓29.2% | -6↑40.3% | -10↓24.0% | -8 | |
| Income Before Tax | 70↑3.6% | 68↑37.5% | 49↑73.2% | 28↑4513.8% | -0.64 | |
| Income Tax Expense | 17↑3.2% | 16↑3.3% | 16↑86.8% | 8↑647.9% | -2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 54↑3.7% | 52↑53.2% | 34↑67.6% | 20↑2191.0% | 0.88 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 54↑3.7% | 52↑53.2% | 34↑67.6% | 20↑2191.0% | 0.88 | |
| Bottom-Line Net Income | 54↑3.7% | 52↑53.2% | 34↑67.6% | 20↑2191.0% | 0.88 | |
| EPS (Basic) | 1.59↑3.9% | 1.53↑51.5% | 1.01↑68.3% | 0.60↑2164.2% | 0.03 | |
| EPS (Diluted) | 1.57↑4.0% | 1.51↑51.0% | 1.00↑66.7% | 0.60↑2181.4% | 0.03 | |
| Weighted Average Shares | 34↑0.1% | 34↑0.6% | 33↑0.5% | 33↑0.5% | 33 | |
| Weighted Average Diluted Shares | 34↓0.0% | 34↑1.0% | 34↑0.7% | 34↑0.5% | 33 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.