Thermon Group Holdings (THR) Operating Income (2010 - 2026)
Thermon Group Holdings (THR) reported Operating Income of $10.8 million for Q1 2026, down 53.4% year-over-year from $23.1 million in Q1 2025, and down 59.55% quarter-over-quarter from $26.7 million in Q4 2025.
Thermon Group Holdings (THR) Operating Income (2010 - 2026) Analysis & Trends
Thermon Group Holdings (THR) has 17 years of Operating Income data on file, last reported at $10.8 million in Q1 2026.
- Operating Income for Q1 2026 came in at $10.8 million, down 53.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $70.7 million (down 11.31% YoY), and the FY2026 annual result was $70.7 million, down 11.31% from the prior year.
- Operating Income retreated to $10.8 million in Q1 2026 per THR's latest filing, from $26.7 million in the prior quarter.
- Over five years, Operating Income peaked at $27.7 million in Q4 2024 and troughed at $10.8 million in Q1 2026.
- A 5-year average of $17.3 million and a median of $15.4 million in 2023 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2026: Operating Income soared 1264.19% in 2022, then tumbled 53.4% in 2026.
- A 5-year view of Operating Income shows it stood at $14.1 million in 2022, then jumped by 52.53% to $21.4 million in 2023, then advanced by 29.08% to $27.7 million in 2024, then dropped by 3.73% to $26.7 million in 2025, then slumped by 59.55% to $10.8 million in 2026.
- Business Quant data shows THR's Operating Income at $10.8 million in Q1 2026, $26.7 million in Q4 2025, and $21.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 179.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.17 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 1.13 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 949.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 1.11 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 1.02 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 514.94 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 467.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 305.91 Mn |
| 10 | Thermon Group Holdings | 1.99 Bn | 1.94 Bn | 65.28 Mn | 10.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.78 Mn |
| Dec 31, 2025 | 26.65 Mn |
| Sep 30, 2025 | 21.58 Mn |
| Jun 30, 2025 | 11.73 Mn |
| Mar 31, 2025 | 23.13 Mn |
| Dec 31, 2024 | 27.69 Mn |
| Sep 30, 2024 | 15.20 Mn |
| Jun 30, 2024 | 13.74 Mn |
| Mar 31, 2024 | 16.82 Mn |
| Dec 31, 2023 | 21.45 Mn |
| Sep 30, 2023 | 21.68 Mn |
| Jun 30, 2023 | 15.41 Mn |
| Mar 31, 2023 | 13.88 Mn |
| Dec 31, 2022 | 14.06 Mn |
| Sep 30, 2022 | 16.04 Mn |
| Jun 30, 2022 | 11.21 Mn |
| Mar 31, 2022 | 13.03 Mn |
| Dec 31, 2021 | 16.17 Mn |
| Sep 30, 2021 | 6.23 Mn |
| Jun 30, 2021 | 2.98 Mn |