Thermon Group Holdings (THR) Asset Utilization Ratio (2011 - 2026)

Thermon Group Holdings (THR) has 16 years of Asset Utilization Ratio data on file, last reported at 0.65 in Q1 2026.

• Asset Utilization Ratio for Q1 2026 came in at 0.65, down 0.75% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.65 (down 0.75% YoY), and the FY2026 annual result was 0.68, up 3.37% from the prior year.
• Asset Utilization Ratio eased to 0.65 in Q1 2026 per THR's latest filing, from 0.65 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 0.72 in Q3 2023 and troughed at 0.56 in Q1 2022.
• A 5-year average of 0.65 and a median of 0.65 in 2026 frame the typical range for Asset Utilization Ratio.
• The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio advanced 28.49% in 2022, then fell 9.59% in 2024.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.65 in 2022, then increased by 3.32% to 0.67 in 2023, then decreased by 3.22% to 0.64 in 2024, then gained by 1.49% to 0.65 in 2025, then dropped by 0.54% to 0.65 in 2026.
• Business Quant data shows THR's Asset Utilization Ratio at 0.65 in Q1 2026, 0.65 in Q4 2025, and 0.66 in Q3 2025.