Thermon Group Holdings (THR) Debt to Equity (2011 - 2026)
Thermon Group Holdings (THR) reported Debt to Equity of $0.05 for Q1 2026, down 81.72% year-over-year from $0.28 in Q1 2025, and up 2.92% quarter-over-quarter from $0.05 in Q4 2025.
Thermon Group Holdings (THR) Debt to Equity (2011 - 2026) Analysis & Trends
Thermon Group Holdings (THR) has 16 years of Debt to Equity data on file, last reported at $0.05 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.05, down 81.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.05 (down 81.72% YoY), and the FY2026 annual result was $0.05, down 81.72% from the prior year.
- Debt to Equity grew to $0.05 in Q1 2026 per THR's latest filing, from $0.05 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.37 in Q2 2022 and troughed at $0.05 in Q4 2025.
- A 5-year average of $0.27 and a median of $0.28 in 2025 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2024 and 2025: Debt to Equity jumped 71.52% in 2024, then slumped 85.8% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.32 in 2022, then slipped by 23.28% to $0.25 in 2023, then surged by 41.68% to $0.35 in 2024, then tumbled by 85.8% to $0.05 in 2025, then rose by 2.92% to $0.05 in 2026.
- Business Quant data shows THR's Debt to Equity at $0.05 in Q1 2026, $0.05 in Q4 2025, and $0.24 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 0.19 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.07 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 0.66 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 0.51 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 0.66 |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 2.83 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 0.20 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 1.03 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 0.44 |
| 10 | Thermon Group Holdings | 1.99 Bn | 1.94 Bn | 65.28 Mn | 0.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.05 |
| Dec 31, 2025 | 0.05 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.28 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | 0.34 |
| Mar 31, 2024 | 0.35 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 0.37 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | 0.38 |
| Jun 30, 2021 | 0.38 |