Thermon Group Holdings (THR) Operating Margin (2010 - 2026)

Thermon Group Holdings (THR) has 17 years of Operating Margin data on file, last reported at 7.27% in Q1 2026.

• Operating Margin for Q1 2026 came in at 7.27%, down 999.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.19% (down 282.0% YoY), and the FY2026 annual result was 13.19%, down 282.0% from the prior year.
• Operating Margin slipped to 7.27% in Q1 2026 per THR's latest filing, from 18.09% in the prior quarter.
• Over five years, Operating Margin peaked at 20.61% in Q4 2024 and troughed at 7.27% in Q1 2026.
• A 5-year average of 14.1% and a median of 13.26% in 2024 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2022 and 2026: Operating Margin jumped 1140 bps in 2022, then plunged 999 bps in 2026.
• A 5-year view of Operating Margin shows it stood at 11.52% in 2022, then jumped by 37 bps to 15.72% in 2023, then soared by 31 bps to 20.61% in 2024, then slipped by 12 bps to 18.09% in 2025, then tumbled by 60 bps to 7.27% in 2026.
• Business Quant data shows THR's Operating Margin at 7.27% in Q1 2026, 18.09% in Q4 2025, and 16.38% in Q3 2025.