Thermon Group Holdings (THR) Change in Taxes (2010 - 2026)

Thermon Group Holdings (THR) reported Change in Taxes of -$2.2 million for Q1 2026, down 70.99% year-over-year from -$7.5 million in Q1 2025, and down 148.96% quarter-over-quarter from $4.4 million in Q4 2025.

Thermon Group Holdings (THR) Change in Taxes (2010 - 2026) Analysis & Trends

Thermon Group Holdings (THR) has 17 years of Change in Taxes data on file, last reported at -$2.2 million in Q1 2026.

  • Change in Taxes for Q1 2026 came in at -$2.2 million, down 70.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $189000.0 (down 91.94% YoY), and the FY2026 annual result was $189000.0, down 91.94% from the prior year.
  • Change in Taxes retreated to -$2.2 million in Q1 2026 per THR's latest filing, from $4.4 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $4.8 million in Q4 2024 and troughed at -$3.5 million in Q1 2023.
  • A 5-year average of $352470.6 and a median of -$148000.0 in 2025 frame the typical range for Change in Taxes.
  • The sharpest annual moves came in 2023 and 2024: Change in Taxes plunged 504.19% in 2023, then soared 893.12% in 2024.
  • A 5-year view of Change in Taxes shows it stood at $2.5 million in 2022, then tumbled by 80.8% to $480000.0 in 2023, then soared by 893.12% to $4.8 million in 2024, then retreated by 6.82% to $4.4 million in 2025, then sank by 148.96% to -$2.2 million in 2026.
  • Business Quant data shows THR's Change in Taxes at -$2.2 million in Q1 2026, $4.4 million in Q4 2025, and -$148000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn -
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn -
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn -
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn -
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn -
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn -6.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn -
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn -87.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 22.08 Mn
10 Thermon Group Holdings 1.99 Bn 1.94 Bn 65.28 Mn -2.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.18 Mn
Mar 31, 2026 -2.18 Mn
Dec 31, 2025 4.44 Mn
Dec 31, 2025 4.44 Mn
Sep 30, 2025 -148,000.00
Sep 30, 2025 -148,000.00
Jun 30, 2025 -1.93 Mn
Jun 30, 2025 -1.93 Mn
Mar 31, 2025 -1.27 Mn
Mar 31, 2025 -1.27 Mn
Dec 31, 2024 4.77 Mn
Dec 31, 2024 4.77 Mn
Sep 30, 2024 -626,000.00
Sep 30, 2024 -626,000.00
Jun 30, 2024 -523,000.00
Jun 30, 2024 -523,000.00
Mar 31, 2024 -2.57 Mn
Mar 31, 2024 -2.57 Mn
Dec 31, 2023 480,000.00
Dec 31, 2023 480,000.00