Thermon Group Holdings (THR) Return on Capital Employed (2011 - 2026)
Thermon Group Holdings (THR) reported Return on Capital Employed of 10.15% for Q1 2026, down 218.0% year-over-year from 8.6% in Q1 2025, and down 16.08% quarter-over-quarter from 12.1% in Q4 2025.
Thermon Group Holdings (THR) Return on Capital Employed (2011 - 2026) Analysis & Trends
Thermon Group Holdings (THR) has 16 years of Return on Capital Employed data on file, last reported at 10.15% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 10.15%, down 218.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.15% (down 218.0% YoY), and the FY2026 annual result was 10.62%, down 167.0% from the prior year.
- Return on Capital Employed slipped to 10.15% in Q1 2026 per THR's latest filing, from 12.1% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 12.57% in Q3 2025 and troughed at 6.98% in Q1 2022.
- A 5-year average of 10.85% and a median of 11.13% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2026: Return on Capital Employed soared 684 bps in 2022, then slumped 218 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 10.02% in 2022, then grew by 22 bps to 12.18% in 2023, then decreased by 8 bps to 11.25% in 2024, then climbed by 8 bps to 12.1% in 2025, then slipped by 16 bps to 10.15% in 2026.
- Business Quant data shows THR's Return on Capital Employed at 10.15% in Q1 2026, 12.1% in Q4 2025, and 12.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 7.18% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 14.09% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 18.36% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 15.97% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 14.32% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 39.40% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 14.67% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 31.32% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 12.62% |
| 10 | Thermon Group Holdings | 1.99 Bn | 1.94 Bn | 65.28 Mn | 10.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.15% |
| Dec 31, 2025 | 12.10% |
| Sep 30, 2025 | 12.57% |
| Jun 30, 2025 | 12.00% |
| Mar 31, 2025 | 12.33% |
| Dec 31, 2024 | 11.25% |
| Sep 30, 2024 | 10.17% |
| Jun 30, 2024 | 11.16% |
| Mar 31, 2024 | 11.13% |
| Dec 31, 2023 | 12.18% |
| Sep 30, 2023 | 11.99% |
| Jun 30, 2023 | 10.93% |
| Mar 31, 2023 | 10.22% |
| Dec 31, 2022 | 10.02% |
| Sep 30, 2022 | 10.51% |
| Jun 30, 2022 | 8.69% |
| Mar 31, 2022 | 6.98% |
| Dec 31, 2021 | 4.81% |
| Sep 30, 2021 | 3.67% |
| Jun 30, 2021 | 3.02% |