Thermon Group Holdings (THR) Payables (2011 - 2026)

Thermon Group Holdings (THR) reported Payables of $41.1 million for Q1 2026, up 31.83% year-over-year from $31.2 million in Q1 2025, and up 5.72% quarter-over-quarter from $38.9 million in Q4 2025.

Thermon Group Holdings (THR) Payables (2011 - 2026) Analysis & Trends

Thermon Group Holdings (THR) has 16 years of Payables data on file, last reported at $41.1 million in Q1 2026.

  • Payables for Q1 2026 came in at $41.1 million, up 31.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $41.1 million (up 31.83% YoY), and the FY2026 annual result was $41.1 million, up 31.83% from the prior year.
  • Payables advanced to $41.1 million in Q1 2026 per THR's latest filing, from $38.9 million in the prior quarter.
  • Over five years, Payables peaked at $41.3 million in Q3 2025 and troughed at $26.6 million in Q4 2023.
  • A 5-year average of $33.4 million and a median of $31.4 million in 2024 frame the typical range for Payables.
  • The sharpest annual moves came in 2022 and 2023: Payables soared 70.2% in 2022, then declined 25.63% in 2023.
  • A 5-year view of Payables shows it stood at $30.0 million in 2022, then slipped by 11.31% to $26.6 million in 2023, then advanced by 11.6% to $29.7 million in 2024, then soared by 30.95% to $38.9 million in 2025, then gained by 5.72% to $41.1 million in 2026.
  • Business Quant data shows THR's Payables at $41.1 million in Q1 2026, $38.9 million in Q4 2025, and $41.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 9.57 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 7.42 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 2.30 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 4.78 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 1.47 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 1.07 Bn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 619.26 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 1.95 Bn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 1.67 Bn
10 Thermon Group Holdings 1.99 Bn 1.94 Bn 65.28 Mn 41.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 41.11 Mn
Dec 31, 2025 38.89 Mn
Sep 30, 2025 41.33 Mn
Jun 30, 2025 33.31 Mn
Mar 31, 2025 31.19 Mn
Dec 31, 2024 29.70 Mn
Sep 30, 2024 30.42 Mn
Jun 30, 2024 30.58 Mn
Mar 31, 2024 31.40 Mn
Dec 31, 2023 26.61 Mn
Sep 30, 2023 34.60 Mn
Jun 30, 2023 28.32 Mn
Mar 31, 2023 27.33 Mn
Dec 31, 2022 30.00 Mn
Sep 30, 2022 41.10 Mn
Jun 30, 2022 38.07 Mn
Mar 31, 2022 33.57 Mn
Dec 31, 2021 34.80 Mn
Sep 30, 2021 30.99 Mn
Jun 30, 2021 22.48 Mn