Thermon Group Holdings
THR
Market cap $880M

26.60 USD

+0.52

1.99%

At close Aug 26, 4:00 PM EDT

After hours

26.60

+0.00

0.00%

1 day

1.99%

5 days

4.68%

1 month

-6.01%

3 months

-1.92%

6 months

-11.21%

Year to date

-6.67%

1 year

-13.13%

5 years

103.36%

10 years

18.64%

About: Thermon Group Holdings Inc is a United States-based company that provides engineered industrial process heating solutions for process industries. It offers a full suite of products (heating units, electrode and gas-fired boilers, heating cables, industrial heating blankets and related products, temporary power solutions and tubing bundles), services (engineering, installation and maintenance services) and software (design optimization and wireless and network control systems) required to deliver comprehensive solutions to some of the world's Large and most complex projects. Its products and services include a wide range of electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions.

Employees: 1,568

Industrials Specialty Industrial Machinery

0

Funds holding %

of 7,433 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

40% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 20

17% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 54

4% more funds holding

Funds holding: 160 [Q1] → 166 (+6) [Q2]

2.57% more ownership

Funds ownership: 94.35% [Q1] → 96.93% (+2.57%) [Q2]

2% more capital invested

Capital invested by funds: $885M [Q1] → $904M (+$18.5M) [Q2]

50% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 2 (-2) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for THR.

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Financial journalist opinion

Based on 6 articles about THR published over the past 30 days

Thermon Group Holdings, Inc. (THR) Q1 2026 Earnings Call Transcript

Thermon Group Holdings, Inc. (NYSE:THR ) Q1 2026 Earnings Conference Call August 7, 2025 11:00 AM ET Company Participants Bruce A. Thames - President, CEO & Director Ivonne Salem - Vice President of FP&A and Investor Relations Jan L.

Thermon Group Holdings, Inc. (THR) Q1 2026 Earnings Call Transcript

The Motley Fool

Thermon (THR) Q1 Revenue Falls 5.4%

Thermon (THR) Q1 Revenue Falls 5.4%

Thermon (THR) Q1 Revenue Falls 5.4%

Zacks Investment Research

Thermon Group (THR) Q1 Earnings and Revenues Miss Estimates

Thermon Group (THR) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.38 per share a year ago.

Thermon Group (THR) Q1 Earnings and Revenues Miss Estimates

Thermon Reports First Quarter Fiscal 2026 Results

AUSTIN, TX / ACCESS Newswire / August 7, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the first quarter ("Q1 2026") of the fiscal year ending March 31, 2026 ("Fiscal 2026"). FIRST QUARTER 2026 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Revenue of $108.9 million, (5.4)% Gross profit of $48.0 million, (4.7)%; Gross Margin of 44.1% Net income of $8.6 million, +1.2%, or $0.26 earnings per diluted share (EPS) Adjusted Net Income (non-GAAP) of $12.1 million, (7.6)%, or $0.36 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $21.2 million, (8.6)%; Adjusted EBITDA margin (non-GAAP) of 19.5% New orders of $120.7 million, (5.1)%; book-to-bill ratio of 1.11x Net Leverage ratio of 1.0x as of June 30, 2025 Confirming full-year 2026 guidance MANAGEMENT COMMENTARY "First quarter backlog conversion fell short of our expectations delaying roughly $10 million in revenue in the quarter; however, the actions we have taken to address these issues will enable these revenues to be recognized in the coming quarters, as evidenced by our solid backlog growth," stated Bruce Thames, President and CEO of Thermon.

Thermon Reports First Quarter Fiscal 2026 Results

Thermon Schedules First Quarter Fiscal 2026 Earnings Conference Call - August 7, 2025

AUSTIN, TX / ACCESS Newswire / July 31, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the first quarter of the fiscal year ending March 31, 2026, before the market opens on Thursday, August 7, 2025. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Jan Schott, Senior Vice President and Chief Financial Officer, will host a conference call at 10:00 a.m.

Thermon Schedules First Quarter Fiscal 2026 Earnings Conference Call - August 7, 2025

Thermon(R) Introduces Poseidon(TM) and Pontus(TM) Liquid Load Banks: Revolutionizing Data Center Commissioning and Validation

AUSTIN, TX / ACCESS Newswire / July 29, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in thermal management, power distribution, and environmental controls, today announced its universal availability of their new Poseidon™ Liquid Load Bank (for US markets) and Pontus™ Liquid Load Bank (for non-US markets). These advanced systems are designed to accurately simulate real-world thermal and electrical demand, providing mission critical component test validation for data centers and other High Performance Computing (HPC) environments.

Thermon(R) Introduces Poseidon(TM) and Pontus(TM) Liquid Load Banks: Revolutionizing Data Center Commissioning and Validation

Zacks Investment Research

3 Instruments Stocks Set to Benefit From Industrial Automation

The increasing adoption of industrial automation, focus on higher energy efficiency and optimum resource utilization should drive the Zacks Instruments - Control industry. WTS, ST and THR are well-positioned to gain from the evolving market dynamics.

3 Instruments Stocks Set to Benefit From Industrial Automation

Thermon - Cheap, But Not Impressive

Thermon´s shares remain relatively cheap, but organic growth has stagnated and the recent guidance is underwhelming. Despite past acquisition-driven growth, organic sales have declined and 2026 guidance points to flattish earnings and EBITDA. Valuations has crept higher, with the earnings multiple expanding from 14x to nearly 16x despite lackluster operating performance.

Thermon - Cheap, But Not Impressive

Thermon Names Thomas Cerovski as Chief Operating Officer

AUSTIN, TX / ACCESS Newswire / July 1, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced the promotion of Thomas Cerovski to Senior Vice President and Chief Operating Officer, effective as of July 1, 2025. Mr. Cerovski will continue to report to Thermon's Chief Executive Officer, Bruce Thames.

Thermon Names Thomas Cerovski as Chief Operating Officer

Zacks Investment Research

Thermon's Q4 Earnings and Revenues Beat Estimates, Rise Y/Y

THR Q4 earnings and sales beat estimates and grow year over year on successful integrations of Vapor Power and F.A.T.I. acquisitions.

Thermon's Q4 Earnings and Revenues Beat Estimates, Rise Y/Y

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