Thermon Group Holdings (THR) Operating Leases (2019 - 2026)

Thermon Group Holdings (THR) reported Operating Leases of $12.1 million for Q1 2026, up 30.11% year-over-year from $9.3 million in Q1 2025, and down 6.72% quarter-over-quarter from $13.0 million in Q4 2025.

Thermon Group Holdings (THR) Operating Leases (2019 - 2026) Analysis & Trends

Thermon Group Holdings (THR) has 8 years of Operating Leases data on file, last reported at $12.1 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $12.1 million, up 30.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.1 million (up 30.11% YoY), and the FY2026 annual result was $12.1 million, up 30.11% from the prior year.
  • Operating Leases slipped to $12.1 million in Q1 2026 per THR's latest filing, from $13.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $13.4 million in Q4 2023 and troughed at $8.8 million in Q3 2025.
  • A 5-year average of $11.0 million and a median of $10.9 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases surged 38.64% in 2023, then fell 29.43% in 2025.
  • A 5-year view of Operating Leases shows it stood at $9.6 million in 2022, then jumped by 38.64% to $13.4 million in 2023, then slipped by 21.07% to $10.6 million in 2024, then grew by 22.92% to $13.0 million in 2025, then decreased by 6.72% to $12.1 million in 2026.
  • Business Quant data shows THR's Operating Leases at $12.1 million in Q1 2026, $13.0 million in Q4 2025, and $8.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn
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
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn
10 Thermon Group Holdings 1.99 Bn 1.94 Bn 65.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 12.10 Mn
Dec 31, 2025 12.97 Mn
Sep 30, 2025 8.76 Mn
Jun 30, 2025 8.80 Mn
Mar 31, 2025 9.30 Mn
Dec 31, 2024 10.55 Mn
Sep 30, 2024 10.86 Mn
Jun 30, 2024 12.46 Mn
Mar 31, 2024 12.64 Mn
Dec 31, 2023 13.37 Mn
Sep 30, 2023 11.39 Mn
Jun 30, 2023 12.01 Mn
Mar 31, 2023 12.48 Mn
Dec 31, 2022 9.64 Mn
Sep 30, 2022 9.77 Mn
Jun 30, 2022 9.83 Mn
Mar 31, 2022 9.66 Mn
Dec 31, 2021 10.31 Mn
Sep 30, 2021 11.05 Mn
Jun 30, 2021 11.77 Mn