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THRThermon Group Holdings Inc

NYSE · Industrials · Specialty Industrial Machinery

Thermon Group Holdings Inc (THR) is a specialty industrial machinery company listed on NYSE. It is led by Bruce A. Thames, based in Building 300, Austin, TX, United States, 78735, with about 1,792 employees. Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It provides heat tracing solutions, including software automated engineering design services, heat tracing products, smart connected control and monitoring systems, construction services, and maintenance services; tubing bundle solutions comprising bundle design services, heated, and insulated sample lines; temporary power systems; heated blankets; and electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other complementary products and services. The company also offers smart, connected devices,and software systems for the control and management of a heat trace system; environmental heating solutions that offer electric or gas-powered space heating for hazardous and non-hazardous areas under the Ruffneck, Norsemen, and Catadyne brands; process heating solutions; filtration solutions under the 3L Filters brand; rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names; electric resistance, electrode, and fired coil tube boilers under the Vapor Power, Precision Boilers, and Caloritech brands; and liquid load banks under the Pontus brand name. In addition, it provides project services, such as engineering and design, procurement and project management, turnkey construction installation, recurring facility assessment or audit, and maintenance services. Further, the company operates an electron cross-linking facility. It serves general industrial, chemical and petrochemical, oil, gas, power generation, commercial, food and beverage, rail and transit, and other markets. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas.

Latest reported THR revenue for 2025-09-30 was $131.7M. Net income was $15.0M. Revenue was up 21.0% from 2025-06-30 to 2025-09-30. THR currently screens at market cap $2.01B and trailing P/E 45.0.

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About Thermon Group Holdings Inc

Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It provides heat tracing solutions, including software automated engineering design services, heat tracing products, smart connected control and monitoring systems, construction services, and maintenance services; tubing bundle solutions comprising bundle design services, heated, and insulated sample lines; temporary power systems; heated blankets; and electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other complementary products and services. The company also offers smart, connected devices,and software systems for the control and management of a heat trace system; environmental heating solutions that offer electric or gas-powered space heating for hazardous and non-hazardous areas under the Ruffneck, Norsemen, and Catadyne brands; process heating solutions; filtration solutions under the 3L Filters brand; rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names; electric resistance, electrode, and fired coil tube boilers under the Vapor Power, Precision Boilers, and Caloritech brands; and liquid load banks under the Pontus brand name. In addition, it provides project services, such as engineering and design, procurement and project management, turnkey construction installation, recurring facility assessment or audit, and maintenance services. Further, the company operates an electron cross-linking facility. It serves general industrial, chemical and petrochemical, oil, gas, power generation, commercial, food and beverage, rail and transit, and other markets. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas.

THR Key Statistics

Market Cap

$2.01B

P/E Ratio

44.96

P/B Ratio

3.74

EPS

$1.57

Revenue

$498.21M

Net Income

$53.52M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

+0.7%

Profit Margin

10.7%

Employees

1,792

THR Financials

Annual income statement in USD. Latest reported periods first.

THR annual income statement across FY2025, FY2024, FY2023, FY2022
LineFY2025FY2024FY2023FY2022
Revenue$498.21M$494.63M$440.59M$355.67M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$53.52M$51.59M$33.67M$20.09M
EPS (Diluted)$1.57$1.51$1.00$0.60

Total Assets

$755.45M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$39.54M

Operating Cash Flow

$63.12M

Free Cash Flow

$0.00

Thermon Group Holdings Inc Company Information

President, CEO & Director
Bruce A. Thames
Headquarters
Building 300, Austin, TX, United States, 78735
Phone
512 690 0600
IPO / Founded
2011-05-05
Industry
Specialty Industrial Machinery
Data Updated:

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