Thermon Group Holdings (THR) Goodwill (2011 - 2026)
Thermon Group Holdings (THR) reported Goodwill of $269.0 million for Q1 2026, up 1.78% year-over-year from $264.3 million in Q1 2025, and down 0.86% quarter-over-quarter from $271.4 million in Q4 2025.
Thermon Group Holdings (THR) Goodwill (2011 - 2026) Analysis & Trends
Thermon Group Holdings (THR) has 16 years of Goodwill data on file, last reported at $269.0 million in Q1 2026.
- Goodwill for Q1 2026 came in at $269.0 million, up 1.78% year-over-year; the trailing twelve-month figure through Mar 2026 was $269.0 million (up 1.78% YoY), and the FY2026 annual result was $269.0 million, up 1.78% from the prior year.
- Goodwill slipped to $269.0 million in Q1 2026 per THR's latest filing, from $271.4 million in the prior quarter.
- Over five years, Goodwill peaked at $271.8 million in Q2 2025 and troughed at $212.8 million in Q1 2022.
- A 5-year average of $248.7 million and a median of $264.3 million in 2025 frame the typical range for Goodwill.
- The sharpest annual moves came in 2022 and 2025: Goodwill jumped 239.19% in 2022, then slipped 2.38% in 2025.
- A 5-year view of Goodwill shows it stood at $221.2 million in 2022, then advanced by 21.4% to $268.5 million in 2023, then fell by 1.86% to $263.5 million in 2024, then increased by 2.97% to $271.4 million in 2025, then retreated by 0.86% to $269.0 million in 2026.
- Business Quant data shows THR's Goodwill at $269.0 million in Q1 2026, $271.4 million in Q4 2025, and $269.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn |
| 10 | Thermon Group Holdings | 1.99 Bn | 1.94 Bn | 65.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 269.04 Mn |
| Dec 31, 2025 | 271.39 Mn |
| Sep 30, 2025 | 269.81 Mn |
| Jun 30, 2025 | 271.79 Mn |
| Mar 31, 2025 | 264.33 Mn |
| Dec 31, 2024 | 263.55 Mn |
| Sep 30, 2024 | 269.51 Mn |
| Jun 30, 2024 | 269.42 Mn |
| Mar 31, 2024 | 270.79 Mn |
| Dec 31, 2023 | 268.54 Mn |
| Sep 30, 2023 | 218.86 Mn |
| Jun 30, 2023 | 221.91 Mn |
| Mar 31, 2023 | 219.61 Mn |
| Dec 31, 2022 | 221.20 Mn |
| Sep 30, 2022 | 218.31 Mn |
| Jun 30, 2022 | 226.50 Mn |
| Mar 31, 2022 | 212.75 Mn |
| Dec 31, 2021 | 211.39 Mn |
| Sep 30, 2021 | 211.22 Mn |
| Jun 30, 2021 | 215.07 Mn |