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| Date | Value |
|---|---|
| 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% |