Growth Metrics

Thermon Group Holdings (THR) Operating Margin (2016 - 2025)

Thermon Group Holdings (THR) has disclosed Operating Margin for 16 consecutive years, with 18.09% as the latest value for Q4 2025.

  • Quarterly Operating Margin fell 251.0% to 18.09% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 15.92% through Dec 2025, up 98.0% year-over-year, with the annual reading at 16.01% for FY2025, 77.0% up from the prior year.
  • Operating Margin for Q4 2025 was 18.09% at Thermon Group Holdings, up from 16.38% in the prior quarter.
  • The five-year high for Operating Margin was 20.61% in Q4 2024, with the low at 1.3% in Q1 2021.
  • Average Operating Margin over 5 years is 13.08%, with a median of 13.22% recorded in 2024.
  • The sharpest move saw Operating Margin surged 1607bps in 2021, then plummeted -455bps in 2022.
  • Over 5 years, Operating Margin stood at 16.07% in 2021, then dropped by -28bps to 11.52% in 2022, then soared by 37bps to 15.72% in 2023, then surged by 31bps to 20.61% in 2024, then decreased by -12bps to 18.09% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 18.09%, 16.38%, and 10.77% for Q4 2025, Q3 2025, and Q2 2025 respectively.