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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 to Equity (2016 - 2025)

Thermon Group Holdings has reported Debt to Equity over the past 15 years, most recently at $0.24 for Q4 2025.

  • Quarterly Debt to Equity fell 12.57% to $0.24 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $0.24 through Dec 2025, down 12.57% year-over-year, with the annual reading at $0.32 for FY2025, 10.0% down from the prior year.
  • Debt to Equity was $0.24 for Q4 2025 at Thermon Group Holdings, up from $0.04 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.38 in Q1 2021 and troughed at $0.04 in Q3 2025.
  • The 5-year median for Debt to Equity is $0.31 (2024), against an average of $0.3.
  • Year-over-year, Debt to Equity skyrocketed 43.8% in 2024 and then tumbled 86.55% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.36 in 2021, then fell by 10.2% to $0.32 in 2022, then fell by 23.28% to $0.25 in 2023, then rose by 11.81% to $0.28 in 2024, then fell by 12.57% to $0.24 in 2025.
  • Per Business Quant, the three most recent readings for THR's Debt to Equity are $0.24 (Q4 2025), $0.04 (Q3 2025), and $0.24 (Q2 2025).