Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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 (THR) has disclosed Debt to Equity for 15 consecutive years, with $0.04 as the latest value for Q3 2025.

  • On a quarterly basis, Debt to Equity fell 86.55% to $0.04 in Q3 2025 year-over-year; TTM through Sep 2025 was $0.04, a 86.55% decrease, with the full-year FY2025 number at $0.04, down 89.0% from a year prior.
  • Debt to Equity was $0.04 for Q3 2025 at Thermon Group Holdings, down from $0.27 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.38 in Q1 2021 to a low of $0.04 in Q1 2025.
  • A 5-year average of $0.27 and a median of $0.3 in 2024 define the central range for Debt to Equity.
  • Peak YoY movement for Debt to Equity: skyrocketed 364.42% in 2024, then tumbled 89.0% in 2025.
  • Thermon Group Holdings' Debt to Equity stood at $0.36 in 2021, then dropped by 19.89% to $0.29 in 2022, then tumbled by 79.29% to $0.06 in 2023, then surged by 364.42% to $0.28 in 2024, then plummeted by 85.26% to $0.04 in 2025.
  • Per Business Quant, the three most recent readings for THR's Debt to Equity are $0.04 (Q3 2025), $0.27 (Q2 2025), and $0.04 (Q1 2025).