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

Thermon Group Holdings (THR) has 17 years of Tax Rate data on file, last reported at 68.01% in Q1 2026.

• Tax Rate for Q1 2026 came in at 68.01%, up 4849.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.6% (up 692.0% YoY), and the FY2026 annual result was 30.6%, up 692.0% from the prior year.
• Tax Rate improved to 68.01% in Q1 2026 per THR's latest filing, from 25.72% in the prior quarter.
• Over five years, Tax Rate peaked at 68.01% in Q1 2026 and troughed at 19.52% in Q1 2025.
• A 5-year average of 28.48% and a median of 25.28% in 2025 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2022 and 2026: Tax Rate sank 10774 bps in 2022, then surged 4849 bps in 2026.
• A 5-year view of Tax Rate shows it stood at 34.41% in 2022, then tumbled by 36 bps to 22.17% in 2023, then grew by 17 bps to 25.92% in 2024, then decreased by 1 bps to 25.72% in 2025, then soared by 164 bps to 68.01% in 2026.
• Business Quant data shows THR's Tax Rate at 68.01% in Q1 2026, 25.72% in Q4 2025, and 25.28% in Q3 2025.