Thermon Group Holdings (THR) Interest Coverage Ratio (2010 - 2026)

Thermon Group Holdings (THR) reported Interest Coverage Ratio of 5.82 for Q1 2026, down 45.8% year-over-year from 10.74 in Q1 2025, and down 52.78% quarter-over-quarter from 12.33 in Q4 2025.

Thermon Group Holdings (THR) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

Thermon Group Holdings (THR) has 17 years of Interest Coverage Ratio data on file, last reported at 5.82 in Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 5.82, down 45.8% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.85 (up 14.54% YoY), and the FY2026 annual result was 8.85, up 14.54% from the prior year.
  • Interest Coverage Ratio retreated to 5.82 in Q1 2026 per THR's latest filing, from 12.33 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 16.58 in Q1 2022 and troughed at 4.7 in Q1 2024.
  • A 5-year average of 9.5 and a median of 10.67 in 2025 frame the typical range for Interest Coverage Ratio.
  • On a YoY basis, Interest Coverage Ratio climbed as much as 4726.73% in 2022 and fell as far as 60.99% in 2022.
  • A 5-year view of Interest Coverage Ratio shows it stood at 7.49 in 2022, then jumped by 63.23% to 12.23 in 2023, then fell by 10.69% to 10.92 in 2024, then increased by 12.93% to 12.33 in 2025, then slumped by 52.78% to 5.82 in 2026.
  • Business Quant data shows THR's Interest Coverage Ratio at 5.82 in Q1 2026, 12.33 in Q4 2025, and 10.67 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn -6.39
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 11.06
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 11.44
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 12.49
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 13.97
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 24.63
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 12.97
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 10.36
10 Thermon Group Holdings 1.99 Bn 1.94 Bn 65.28 Mn 5.82

Historic Data

Download Data
DateValue
Mar 31, 2026 5.82
Dec 31, 2025 12.33
Sep 30, 2025 10.67
Jun 30, 2025 5.98
Mar 31, 2025 10.74
Dec 31, 2024 10.92
Sep 30, 2024 5.45
Jun 30, 2024 4.82
Mar 31, 2024 4.70
Dec 31, 2023 12.23
Sep 30, 2023 11.26
Jun 30, 2023 9.73
Mar 31, 2023 7.92
Dec 31, 2022 7.49
Sep 30, 2022 11.39
Jun 30, 2022 13.43
Mar 31, 2022 16.58
Dec 31, 2021 19.20
Sep 30, 2021 3.08
Jun 30, 2021 1.38