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| Date | Value |
|---|---|
| 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 |