Thermon Group Holdings (THR) Interest Expenses (2010 - 2026)
Thermon Group Holdings (THR) reported Interest Expenses of $1.9 million for Q1 2026, down 14.03% year-over-year from $2.2 million in Q1 2025, and down 14.35% quarter-over-quarter from $2.2 million in Q4 2025.
Thermon Group Holdings (THR) Interest Expenses (2010 - 2026) Analysis & Trends
Thermon Group Holdings (THR) has 17 years of Interest Expenses data on file, last reported at $1.9 million in Q1 2026.
- Interest Expenses for Q1 2026 came in at $1.9 million, down 14.03% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.0 million (down 22.57% YoY), and the FY2026 annual result was $8.0 million, down 22.57% from the prior year.
- Interest Expenses eased to $1.9 million in Q1 2026 per THR's latest filing, from $2.2 million in the prior quarter.
- Over five years, Interest Expenses peaked at $3.6 million in Q1 2024 and troughed at $786000.0 in Q1 2022.
- A 5-year average of $2.0 million and a median of $1.9 million in 2023 frame the typical range for Interest Expenses.
- On a YoY basis, Interest Expenses climbed as much as 122.92% in 2022 and fell as far as 71.74% in 2022.
- A 5-year view of Interest Expenses shows it stood at $1.9 million in 2022, then slipped by 6.55% to $1.8 million in 2023, then surged by 44.53% to $2.5 million in 2024, then retreated by 14.75% to $2.2 million in 2025, then declined by 14.35% to $1.9 million in 2026.
- Business Quant data shows THR's Interest Expenses at $1.9 million in Q1 2026, $2.2 million in Q4 2025, and $2.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -28.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 106.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 99.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 76.00 Mn |
| 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 | 73.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 20.91 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 36.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 29.52 Mn |
| 10 | Thermon Group Holdings | 1.99 Bn | 1.94 Bn | 65.28 Mn | 1.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.85 Mn |
| Mar 31, 2026 | 1.85 Mn |
| Dec 31, 2025 | 2.16 Mn |
| Dec 31, 2025 | 2.16 Mn |
| Sep 30, 2025 | 2.02 Mn |
| Sep 30, 2025 | 2.02 Mn |
| Jun 30, 2025 | 1.96 Mn |
| Jun 30, 2025 | 1.96 Mn |
| Mar 31, 2025 | 2.15 Mn |
| Mar 31, 2025 | 2.15 Mn |
| Dec 31, 2024 | 2.54 Mn |
| Dec 31, 2024 | 2.54 Mn |
| Sep 30, 2024 | 2.79 Mn |
| Sep 30, 2024 | 2.79 Mn |
| Jun 30, 2024 | 2.85 Mn |
| Jun 30, 2024 | 2.85 Mn |
| Mar 31, 2024 | 3.58 Mn |
| Mar 31, 2024 | 3.58 Mn |
| Dec 31, 2023 | 1.75 Mn |
| Dec 31, 2023 | 1.75 Mn |