Thermon Group Holdings (THR) Change in Receivables (2010 - 2026)
Thermon Group Holdings (THR) reported Change in Receivables of $14.8 million for Q1 2026, up 369.62% year-over-year from $3.1 million in Q1 2025, and up 62.63% quarter-over-quarter from $9.1 million in Q4 2025.
Thermon Group Holdings (THR) Change in Receivables (2010 - 2026) Analysis & Trends
Thermon Group Holdings (THR) has 17 years of Change in Receivables data on file, last reported at $14.8 million in Q1 2026.
- Change in Receivables for Q1 2026 came in at $14.8 million, up 369.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.2 million (up 212.91% YoY), and the FY2026 annual result was $13.2 million, up 212.91% from the prior year.
- Change in Receivables grew to $14.8 million in Q1 2026 per THR's latest filing, from $9.1 million in the prior quarter.
- Over five years, Change in Receivables peaked at $22.8 million in Q4 2024 and troughed at -$12.4 million in Q2 2025.
- A 5-year average of $1.6 million and a median of $1.8 million in 2025 frame the typical range for Change in Receivables.
- The sharpest annual moves came in 2022 and 2023: Change in Receivables jumped 429.55% in 2022, then tumbled 432.35% in 2023.
- A 5-year view of Change in Receivables shows it stood at -$9.7 million in 2022, then surged by 183.81% to $8.1 million in 2023, then jumped by 179.82% to $22.8 million in 2024, then slumped by 60.13% to $9.1 million in 2025, then jumped by 62.63% to $14.8 million in 2026.
- Business Quant data shows THR's Change in Receivables at $14.8 million in Q1 2026, $9.1 million in Q4 2025, and $1.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -610.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 399.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 678.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 194.00 Mn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 165.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 104.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 78.96 Mn |
| 10 | Thermon Group Holdings | 1.99 Bn | 1.94 Bn | 65.28 Mn | 14.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.78 Mn |
| Mar 31, 2026 | 14.78 Mn |
| Dec 31, 2025 | 9.09 Mn |
| Dec 31, 2025 | 9.09 Mn |
| Sep 30, 2025 | 1.78 Mn |
| Sep 30, 2025 | 1.78 Mn |
| Jun 30, 2025 | -12.44 Mn |
| Jun 30, 2025 | -12.44 Mn |
| Mar 31, 2025 | -5.48 Mn |
| Mar 31, 2025 | -5.48 Mn |
| Dec 31, 2024 | 22.80 Mn |
| Dec 31, 2024 | 22.80 Mn |
| Sep 30, 2024 | -5.69 Mn |
| Sep 30, 2024 | -5.69 Mn |
| Jun 30, 2024 | -7.40 Mn |
| Jun 30, 2024 | -7.40 Mn |
| Mar 31, 2024 | -11.77 Mn |
| Mar 31, 2024 | -11.77 Mn |
| Dec 31, 2023 | 8.15 Mn |
| Dec 31, 2023 | 8.15 Mn |