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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 (THR) has disclosed Gross Margin for 16 consecutive years, with 46.6% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin rose 37.0% to 46.6% in Q4 2025 year-over-year; TTM through Dec 2025 was 45.44%, a 155.0% increase, with the full-year FY2025 number at 44.74%, up 197.0% from a year prior.
  • Gross Margin was 46.6% for Q4 2025 at Thermon Group Holdings, up from 46.37% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 46.6% in Q4 2025 to a low of 36.64% in Q1 2021.
  • A 5-year average of 42.44% and a median of 42.94% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: tumbled -593bps in 2021, then surged 666bps in 2022.
  • Thermon Group Holdings' Gross Margin stood at 40.5% in 2021, then grew by 2bps to 41.32% in 2022, then rose by 2bps to 42.08% in 2023, then grew by 10bps to 46.24% in 2024, then grew 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).