Thermon Group Holdings (THR) Net Margin (2010 - 2026)

Thermon Group Holdings (THR) reported Net Margin of 1.85% for Q1 2026, down 1081.0% year-over-year from 0.19% in Q1 2025, and down 85.1% quarter-over-quarter from 12.42% in Q4 2025.

Thermon Group Holdings (THR) Net Margin (2010 - 2026) Analysis & Trends

Thermon Group Holdings (THR) has 17 years of Net Margin data on file, last reported at 1.85% in Q1 2026.

  • Net Margin for Q1 2026 came in at 1.85%, down 1081.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.31% (down 243.0% YoY), and the FY2026 annual result was 8.31%, down 243.0% from the prior year.
  • Net Margin retreated to 1.85% in Q1 2026 per THR's latest filing, from 12.42% in the prior quarter.
  • Over five years, Net Margin peaked at 13.8% in Q4 2024 and troughed at 1.85% in Q1 2026.
  • A 5-year average of 9.22% and a median of 8.47% in 2022 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2022 and 2026: Net Margin jumped 1034 bps in 2022, then slumped 1081 bps in 2026.
  • A 5-year view of Net Margin shows it stood at 6.9% in 2022, then jumped by 68 bps to 11.61% in 2023, then grew by 19 bps to 13.8% in 2024, then slipped by 10 bps to 12.42% in 2025, then slumped by 85 bps to 1.85% in 2026.
  • Business Quant data shows THR's Net Margin at 1.85% in Q1 2026, 12.42% in Q4 2025, and 11.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 50.85%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 11.64%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 16.48%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 7.79%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 13.55%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 19.12%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 20.71%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 15.68%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn -0.02%
10 Thermon Group Holdings 1.99 Bn 1.94 Bn 65.28 Mn 1.85%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.85%
Dec 31, 2025 12.42%
Sep 30, 2025 11.35%
Jun 30, 2025 7.88%
Mar 31, 2025 12.66%
Dec 31, 2024 13.80%
Sep 30, 2024 8.28%
Jun 30, 2024 7.39%
Mar 31, 2024 7.90%
Dec 31, 2023 11.61%
Sep 30, 2023 11.91%
Jun 30, 2023 10.23%
Mar 31, 2023 6.29%
Dec 31, 2022 6.90%
Sep 30, 2022 10.92%
Jun 30, 2022 6.87%
Mar 31, 2022 8.47%
Dec 31, 2021 11.20%
Sep 30, 2021 0.59%
Jun 30, 2021 -0.48%