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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) Gross Margin (2016 - 2025)

Thermon Group Holdings has reported Gross Margin over the past 16 years, most recently at 46.6% for Q4 2025.

  • Quarterly Gross Margin rose 37.0% to 46.6% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 45.44% through Dec 2025, up 155.0% year-over-year, with the annual reading at 44.74% for FY2025, 197.0% up from the prior year.
  • Gross Margin was 46.6% for Q4 2025 at Thermon Group Holdings, up from 46.37% in the prior quarter.
  • Over five years, Gross Margin peaked at 46.6% in Q4 2025 and troughed at 36.64% in Q1 2021.
  • The 5-year median for Gross Margin is 42.94% (2023), against an average of 42.44%.
  • Year-over-year, Gross Margin tumbled -593bps in 2021 and then surged 666bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 40.5% in 2021, then rose by 2bps to 41.32% in 2022, then increased by 2bps to 42.08% in 2023, then rose by 10bps to 46.24% in 2024, then rose by 1bps to 46.6% in 2025.
  • Per Business Quant, the three most recent readings for THR's Gross Margin are 46.6% (Q4 2025), 46.37% (Q3 2025), and 44.12% (Q2 2025).