Growth Metrics

Thermon Group Holdings (THR) Tax Rate (2016 - 2025)

Thermon Group Holdings has reported Tax Rate over the past 16 years, most recently at 25.72% for Q4 2025.

  • Quarterly Tax Rate fell 20.0% to 25.72% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 23.37% through Dec 2025, down 226.0% year-over-year, with the annual reading at 23.68% for FY2025, 9.0% down from the prior year.
  • Tax Rate was 25.72% for Q4 2025 at Thermon Group Holdings, up from 25.28% in the prior quarter.
  • Over five years, Tax Rate peaked at 138.46% in Q2 2021 and troughed at 19.52% in Q1 2025.
  • The 5-year median for Tax Rate is 25.5% (2025), against an average of 34.19%.
  • Year-over-year, Tax Rate skyrocketed 11340bps in 2021 and then plummeted -10774bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 23.33% in 2021, then soared by 47bps to 34.41% in 2022, then plummeted by -36bps to 22.17% in 2023, then grew by 17bps to 25.92% in 2024, then decreased by -1bps to 25.72% in 2025.
  • Per Business Quant, the three most recent readings for THR's Tax Rate are 25.72% (Q4 2025), 25.28% (Q3 2025), and 22.04% (Q2 2025).