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
DateValue
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