Thermon Group Holdings (THR) Tax Provisions (2010 - 2026)

Thermon Group Holdings (THR) reported Tax Provisions of $5.8 million for Q1 2026, up 41.79% year-over-year from $4.1 million in Q1 2025, and down 7.85% quarter-over-quarter from $6.3 million in Q4 2025.

Thermon Group Holdings (THR) Tax Provisions (2010 - 2026) Analysis & Trends

Thermon Group Holdings (THR) has 17 years of Tax Provisions data on file, last reported at $5.8 million in Q1 2026.

  • Tax Provisions for Q1 2026 came in at $5.8 million, up 41.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.7 million (up 18.38% YoY), and the FY2026 annual result was $19.7 million, up 18.38% from the prior year.
  • Tax Provisions slipped to $5.8 million in Q1 2026 per THR's latest filing, from $6.3 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $6.5 million in Q4 2024 and troughed at $2.4 million in Q2 2025.
  • A 5-year average of $4.2 million and a median of $4.1 million in 2025 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2024: Tax Provisions jumped 451.33% in 2022, then decreased 27.38% in 2024.
  • A 5-year view of Tax Provisions shows it stood at $4.4 million in 2022, then increased by 2.08% to $4.5 million in 2023, then soared by 43.78% to $6.5 million in 2024, then retreated by 2.36% to $6.3 million in 2025, then slipped by 7.85% to $5.8 million in 2026.
  • Business Quant data shows THR's Tax Provisions at $5.8 million in Q1 2026, $6.3 million in Q4 2025, and $5.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 354.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 240.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 215.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 254.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 175.00 Mn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 199.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 93.62 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 89.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 60.15 Mn
10 Thermon Group Holdings 1.99 Bn 1.94 Bn 65.28 Mn 5.84 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.84 Mn
Dec 31, 2025 6.33 Mn
Sep 30, 2025 5.06 Mn
Jun 30, 2025 2.43 Mn
Mar 31, 2025 4.12 Mn
Dec 31, 2024 6.49 Mn
Sep 30, 2024 3.48 Mn
Jun 30, 2024 2.52 Mn
Mar 31, 2024 3.58 Mn
Dec 31, 2023 4.51 Mn
Sep 30, 2023 4.76 Mn
Jun 30, 2023 3.23 Mn
Mar 31, 2023 4.93 Mn
Dec 31, 2022 4.42 Mn
Sep 30, 2022 3.31 Mn
Jun 30, 2022 2.91 Mn
Mar 31, 2022 2.91 Mn
Dec 31, 2021 3.43 Mn
Sep 30, 2021 770,000.00
Jun 30, 2021 1.22 Mn