profit from every $100 of sales.

Thermon Group Holdings
We have no price for Thermon Group Holdings since 29 May 2026. It may have been taken over, merged or renamed, so the figures below are from then.
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay $45.18 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Thermon Group Holdings sold, what it kept, and what it did with the cash.
Sales went from $441 million in 2023 to $536 million in 2026, with $44.6 million of profit last year.
Thermon Group Holdings handed back 59% of the cash it generated last year.
Thermon Group Holdings vs. similar companies
Thermon Group Holdings grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Thermon Group Holdings | 45.2× · Expensive | ||
Contemporary Amperex Technology | 20.1× · Fair price | ||
ABB | 32.0× · Expensive | ||
Vertiv | 58.4× · Expensive | ||
Delta Electronics (Thailand) Public | 95.5× · Very expensive |
AI analysis
An AI analyst reads Thermon Group Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 441 | 495 | 498 | 536 | |
| 185 | 212 | 223 | 243 | |
| 59 | 76 | 79 | 71 | |
| 74 | 95 | 103 | 95 | |
| 34 | 52 | 54 | 45 | |
| 1.00 | 1.51 | 1.57 | 1.36 | |
| 42.0% | 42.8% | 44.7% | 45.3% | |
| 13.4% | 15.4% | 15.9% | 13.2% | |
| 7.6% | 10.4% | 10.7% | 8.3% |
Balance sheet
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 650 | 768 | 755 | 831 |
| Cash | 36 | 49 | 40 | 52 |
| Total debt | 128 | 187 | 152 | 158 |
| Total liabilities | 231 | 293 | 260 | 292 |
| 419 | 475 | 495 | 539 | |
| 34 | 34 | 34 | 33 | |
| 8.0% | 9.1% | 9.8% | 8.2% | |
| 8.0% | 10.9% | 10.8% | 8.3% |
Cash flow
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 58 | 66 | 63 | 47 | |
| 9 | 11 | 10 | 14 | |
| 48 | 55 | 53 | 33 | |
| Dividends paid | – | – | – | – |
| 1 | 2 | 23 | 20 | |
| 6 | 6 | 5 | 8 |
Valuation
- 45.2×
- –
- 4.19
- –
- 3.8×
- 61.3×
- 22.4×
- 1.6%
- 2.2%
- –
Profitability
- 45.3%
- 13.2%
- 8.3%
- –
- –
- –
- –
- –
- –
- –
Growth
- +6.8%
- +10.8%
- –
- –
- –
Financial health
- –
- –
- –
- –
- –
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $57.00
- Range
- $54.00 – $60.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 5, 2026 | 0.66 | 0.59 | +11.9% |
| Nov 6, 2025 | 0.55 | 0.36 | +52.8% |
| Aug 7, 2025 | 0.36 | 0.37 | −2.7% |
| May 22, 2025 | 0.56 | 0.50 | +12.0% |
| Feb 6, 2025 | 0.56 | 0.54 | +3.7% |
| Nov 7, 2024 | 0.38 | 0.35 | +8.6% |
| Aug 7, 2024 | 0.38 | 0.30 | +26.7% |
| May 29, 2024 | 0.34 | 0.32 | +6.3% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Thermon Group Holdings
Is Thermon Group Holdings a good stock to buy?
A solid business, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Thermon Group Holdings AI analysis
What does Thermon Group Holdings do?
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 is in Electrical Equipment & Parts.
Does Thermon Group Holdings pay a dividend?
No. Thermon Group Holdings does not pay a dividend at the moment; in 2026 it returned $19.5 million to shareholders by buying back its own shares.
Who are Thermon Group Holdings's competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with Thermon Group Holdings's.
Prices: daily closes to May 29, 2026. Fundamentals: company reports via invest-like data.



