Growth Metrics

Thermon Group Holdings (THR) Asset Utilization Ratio (2016 - 2025)

Thermon Group Holdings (THR) has disclosed Asset Utilization Ratio for 15 consecutive years, with 0.65 as the latest value for Q4 2025.

  • On a quarterly basis, Asset Utilization Ratio rose 1.49% to 0.65 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.65, a 1.49% increase, with the full-year FY2025 number at 0.65, down 6.27% from a year prior.
  • Asset Utilization Ratio was 0.65 for Q4 2025 at Thermon Group Holdings, down from 0.66 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.72 in Q3 2023 to a low of 0.44 in Q1 2021.
  • A 5-year average of 0.61 and a median of 0.65 in 2022 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: fell 27.56% in 2021, then increased 28.49% in 2022.
  • Thermon Group Holdings' Asset Utilization Ratio stood at 0.52 in 2021, then increased by 23.06% to 0.65 in 2022, then rose by 3.32% to 0.67 in 2023, then fell by 3.22% to 0.64 in 2024, then increased by 1.49% to 0.65 in 2025.
  • Per Business Quant, the three most recent readings for THR's Asset Utilization Ratio are 0.65 (Q4 2025), 0.66 (Q3 2025), and 0.65 (Q2 2025).