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
DateValue
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%