Thermon Group Holdings (THR) Invested Capital (2011 - 2026)
Thermon Group Holdings (THR) reported Invested Capital of $539.4 million for Q1 2026, up 8.91% year-over-year from $495.3 million in Q1 2025, and down 3.4% quarter-over-quarter from $558.4 million in Q4 2025.
Thermon Group Holdings (THR) Invested Capital (2011 - 2026) Analysis & Trends
Thermon Group Holdings (THR) has 16 years of Invested Capital data on file, last reported at $539.4 million in Q1 2026.
- Invested Capital for Q1 2026 came in at $539.4 million, up 8.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $539.4 million (up 8.91% YoY), and the FY2026 annual result was $539.4 million, up 8.91% from the prior year.
- Invested Capital eased to $539.4 million in Q1 2026 per THR's latest filing, from $558.4 million in the prior quarter.
- Over five years, Invested Capital peaked at $651.0 million in Q3 2024 and troughed at $436.0 million in Q4 2022.
- A 5-year average of $535.0 million and a median of $525.0 million in 2023 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2023 and 2024: Invested Capital jumped 48.68% in 2023, then retreated 24.62% in 2024.
- A 5-year view of Invested Capital shows it stood at $436.0 million in 2022, then soared by 48.68% to $648.3 million in 2023, then declined by 24.62% to $488.7 million in 2024, then gained by 14.27% to $558.4 million in 2025, then retreated by 3.4% to $539.4 million in 2026.
- Business Quant data shows THR's Invested Capital at $539.4 million in Q1 2026, $558.4 million in Q4 2025, and $529.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 15.07 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 38.34 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 14.61 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 20.26 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 26.11 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 8.13 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 12.03 Bn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 4.69 Bn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 10.78 Bn |
| 10 | Thermon Group Holdings | 1.99 Bn | 1.94 Bn | 65.28 Mn | 539.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 539.44 Mn |
| Dec 31, 2025 | 558.40 Mn |
| Sep 30, 2025 | 529.93 Mn |
| Jun 30, 2025 | 643.69 Mn |
| Mar 31, 2025 | 495.32 Mn |
| Dec 31, 2024 | 488.69 Mn |
| Sep 30, 2024 | 651.04 Mn |
| Jun 30, 2024 | 480.98 Mn |
| Mar 31, 2024 | 574.20 Mn |
| Dec 31, 2023 | 648.27 Mn |
| Sep 30, 2023 | 469.81 Mn |
| Jun 30, 2023 | 524.99 Mn |
| Mar 31, 2023 | 492.15 Mn |
| Dec 31, 2022 | 436.00 Mn |
| Sep 30, 2022 | 510.30 Mn |
| Jun 30, 2022 | 523.09 Mn |
| Mar 31, 2022 | 528.20 Mn |
| Dec 31, 2021 | 521.34 Mn |
| Sep 30, 2021 | 517.32 Mn |
| Jun 30, 2021 | 531.27 Mn |