Growth Metrics

Thermon Group Holdings (THR) Gross Margin (2016 - 2025)

Thermon Group Holdings (THR) has disclosed Gross Margin for 16 consecutive years, with 46.6% as the latest value 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 for Q4 2025 was 46.6% at Thermon Group Holdings, up from 46.37% in the prior quarter.
  • The five-year high for Gross Margin was 46.6% in Q4 2025, with the low at 36.64% in Q1 2021.
  • Average Gross Margin over 5 years is 42.44%, with a median of 42.94% recorded in 2023.
  • The sharpest move saw Gross Margin crashed -593bps in 2021, then soared 666bps in 2022.
  • Over 5 years, Gross Margin stood at 40.5% in 2021, then increased by 2bps to 41.32% in 2022, then grew by 2bps to 42.08% in 2023, then increased by 10bps to 46.24% in 2024, then increased by 1bps to 46.6% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 46.6%, 46.37%, and 44.12% for Q4 2025, Q3 2025, and Q2 2025 respectively.