Thermon Group Holdings, Inc. (THR)

NYSE: THR · Real-Time Price · USD
60.52
+6.41 (11.85%)
At close: Apr 28, 2026, 4:00 PM EDT
61.00
+0.48 (0.79%)
After-hours: Apr 28, 2026, 7:57 PM EDT
11.85%
Market Cap 1.99B
Revenue (ttm) 522.01M
Net Income (ttm) 58.80M
Shares Out 32.85M
EPS (ttm) 1.77
PE Ratio 34.15
Forward PE 27.85
Dividend n/a
Ex-Dividend Date n/a
Volume 1,970,593
Open 55.89
Previous Close 54.11
Day's Range 53.54 - 61.24
52-Week Range 23.86 - 61.24
Beta 0.72
Analysts Buy
Price Target 54.00 (-10.77%)
Earnings Date May 21, 2026

About THR

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. The company offers 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 system... [Read more]

Sector Industrials
IPO Date May 5, 2011
Employees 1,568
Stock Exchange NYSE
Ticker Symbol THR
Full Company Profile

Financial Performance

In fiscal year 2025, Thermon Group Holdings's revenue was $498.21 million, an increase of 0.72% compared to the previous year's $494.63 million. Earnings were $53.52 million, an increase of 3.74%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for THR stock is "Buy." The 12-month stock price target is $54.0, which is a decrease of -10.77% from the latest price.

Price Target
$54.0
(-10.77% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Thermon Highlights Enhanced Organic Growth Opportunity Driven by Accelerating Momentum from New Products in Data Centers

AUSTIN, TX / ACCESS Newswire / April 20, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), today announced accelerating order and quoting activity across key new product platforms, led by st...

8 days ago - Accesswire

Thermon Group Holdings Transcript: The 38th Annual Roth Conference

The merger creates a diversified industrial leader with double-digit growth and strong EBITDA margins, leveraging complementary strengths in power, data centers, and industrial markets. Immediate commercial synergies, a robust sales pipeline, and a healthy balance sheet position the company for organic and inorganic expansion.

5 weeks ago - Transcripts

Thermon Group Holdings Earnings Call Transcript: Q3 2026

Record Q3 results with 10% revenue growth, 12% higher Adjusted EBITDA, and strong order momentum. Raised FY26 guidance for revenue and EBITDA, driven by robust demand in data centers, LNG, and electrification trends.

2 months ago - Transcripts

Thermon Reports Third Quarter Fiscal 2026 Results

Delivering Record Revenue, Profitability and Bookings Raising Full-Year Fiscal 2026 Guidance AUSTIN, TX / ACCESS Newswire / February 5, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the...

2 months ago - Accesswire

Thermon Schedules Third Quarter Fiscal 2026 Earnings Conference Call - February 5, 2026

AUSTIN, TX / ACCESS Newswire / January 29, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the third quarter of t...

3 months ago - Accesswire

Thermon Group Holdings Earnings Call Transcript: Q2 2026

Q2 saw 15% revenue growth and 29% higher Adjusted EBITDA, with strong margin execution and a 17% increase in backlog. Full-year guidance was raised, driven by robust project activity, new orders in data centers and medium voltage heaters, and continued financial discipline.

6 months ago - Transcripts

Thermon Reports Second Quarter Fiscal 2026 Results

Raises Full-Year Guidance Amid Margin Expansion and Strategic Execution AUSTIN, TX / ACCESS Newswire / November 6, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a divers...

6 months ago - Accesswire

Thermon Schedules Second Quarter Fiscal 2026 Earnings Conference Call - November 6, 2025

AUSTIN, TX / ACCESS Newswire / October 30, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter of ...

6 months ago - Accesswire

Thermon Group Holdings Earnings Call Transcript: Q1 2026

Q1 saw a 5% revenue decline due to project delays, but gross margin improved and backlog grew 27%. Strategic growth in data centers, rail/transit, and electrification, plus strong liquidity and disciplined capital allocation, support a positive outlook for fiscal 2026.

9 months ago - Transcripts

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 consolida...

9 months ago - Accesswire

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 ...

9 months ago - Accesswire

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 announc...

9 months ago - Accesswire

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 promoti...

10 months ago - Accesswire

Thermon Group Holdings Transcript: Wells Fargo Industrials & Materials Conference 2025

Strong backlog and robust order rates support growth, but tariff volatility and input costs create uncertainty. Strategic focus on electrification, digitization, and recurring revenue is driving new opportunities, while disciplined capital allocation and a strong balance sheet underpin resilience.

11 months ago - Transcripts

Thermon Group Holdings Earnings Call Transcript: Q4 2025

Q4 and FY25 saw record revenue and EBITDA, with strong OpEx growth, margin expansion, and a 29% YoY backlog increase. FY26 guidance anticipates modest revenue growth and flat EBITDA amid tariff headwinds, with mitigation actions underway and a refreshed $50M share repurchase program.

1 year ago - Transcripts

Thermon Reports Fourth Quarter And Full-Year Fiscal 2025 Results

AUSTIN, TX / ACCESS Newswire / May 22, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidate...

1 year ago - Accesswire

Thermon Schedules Fourth Quarter and Full Year Fiscal 2025 Earnings Conference Call - May 22, 2025

AUSTIN, TX / ACCESS Newswire / May 15, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the fourth quarter and ful...

1 year ago - Accesswire

Thermon Group Holdings Earnings Call Transcript: Q3 2025

Q3 delivered strong OpEx revenue, margin expansion, and robust backlog growth, despite a slight revenue decline. FY25 guidance is maintained, with optimism for CapEx recovery and continued M&A integration. Net leverage improved to 1.1x and free cash flow remains strong.

1 year ago - Transcripts

Thermon Reports Third Quarter Fiscal 2025 Results

AUSTIN, TX / ACCESS Newswire / February 6, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consoli...

1 year ago - Accesswire

Thermon Schedules Third Quarter Fiscal 2025 Earnings Conference Call - February 6, 2025

AUSTIN, TX / ACCESS Newswire / January 30, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the third quarter ende...

1 year ago - Accesswire

CORRECTION FROM SOURCE: Thermon Reports Second Quarter Fiscal 2025 Results

Correction to table "FISCAL 2025 OUTLOOK" AUSTIN, TX / ACCESSWIRE / November 8, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heati...

1 year ago - Accesswire

Thermon Group Holdings Earnings Call Transcript: Q2 2025

Q2 revenue declined 7.4% year-over-year, but strong OPEX growth and acquisitions drove diversification and improved backlog by 29%. FY25 guidance was adjusted to $495–$515 million revenue and $105–$110 million adjusted EBITDA, with continued focus on free cash flow and operational excellence.

1 year ago - Transcripts

Thermon Reports Second Quarter Fiscal 2025 Results

AUSTIN, TX / ACCESSWIRE / November 7, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated...

1 year ago - Accesswire

Thermon Schedules Second Quarter Fiscal 2025 Earnings Conference Call - November 7, 2024

AUSTIN, TX / ACCESSWIRE / October 31, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter ended Se...

1 year ago - Accesswire

Thermon Expands Electric Heater Offering Through Acquisition of F.A.T.I.

AUSTIN, TX / ACCESSWIRE / October 3, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced the acquisiti...

1 year ago - Accesswire