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| Date | Value |
|---|---|
| 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 |