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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Thermon Group Holdings (THR) Debt Ratio (2016 - 2025)

Thermon Group Holdings has reported Debt Ratio over the past 15 years, most recently at 0.16 for Q4 2025.

  • Quarterly Debt Ratio fell 9.91% to 0.16 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.16 through Dec 2025, down 9.91% year-over-year, with the annual reading at 0.21 for FY2025, 4.61% down from the prior year.
  • Debt Ratio was 0.16 for Q4 2025 at Thermon Group Holdings, up from 0.03 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.24 in Q1 2021 and troughed at 0.03 in Q3 2025.
  • The 5-year median for Debt Ratio is 0.2 (2022), against an average of 0.19.
  • Year-over-year, Debt Ratio surged 37.91% in 2024 and then tumbled 86.16% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.22 in 2021, then decreased by 8.35% to 0.2 in 2022, then decreased by 29.63% to 0.14 in 2023, then increased by 23.28% to 0.18 in 2024, then decreased by 9.91% to 0.16 in 2025.
  • Per Business Quant, the three most recent readings for THR's Debt Ratio are 0.16 (Q4 2025), 0.03 (Q3 2025), and 0.16 (Q2 2025).