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