Thermon Group Holdings (THR) Debt Ratio (2011 - 2026)

Thermon Group Holdings (THR) has 16 years of Debt Ratio data on file, last reported at 0.03 in Q1 2026.

• Debt Ratio for Q1 2026 came in at 0.03, down 81.91% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.03 (down 81.91% YoY), and the FY2026 annual result was 0.03, down 81.91% from the prior year.
• Debt Ratio climbed to 0.03 in Q1 2026 per THR's latest filing, from 0.03 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.23 in Q3 2024 and troughed at 0.03 in Q4 2025.
• A 5-year average of 0.17 and a median of 0.18 in 2025 frame the typical range for Debt Ratio.
• The sharpest annual moves came in 2024 and 2025: Debt Ratio jumped 65.71% in 2024, then plunged 85.37% in 2025.
• A 5-year view of Debt Ratio shows it stood at 0.2 in 2022, then declined by 29.63% to 0.14 in 2023, then surged by 56.22% to 0.22 in 2024, then sank by 85.37% to 0.03 in 2025, then increased by 1.21% to 0.03 in 2026.
• Business Quant data shows THR's Debt Ratio at 0.03 in Q1 2026, 0.03 in Q4 2025, and 0.16 in Q3 2025.