← Back to All US Stocks

Thermon Group Holdings, Inc. (THR) Stock Fundamental Analysis & AI Rating 2026

THR NYSE Electrical Industrial Apparatus DE CIK: 0001489096
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
HOLD
78% Conf
Pending
Analysis scheduled

📊 THR Key Takeaways

Revenue: $387.9M
Net Margin: 10.8%
Free Cash Flow: $25.7M
Current Ratio: 2.90x
Debt/Equity: 0.22x
EPS: $1.27
AI Rating: HOLD with 78% confidence
Thermon Group Holdings, Inc. (THR) receives a HOLD rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $387.9M, net profit margin of 10.8%, and return on equity (ROE) of 7.8%, Thermon Group Holdings, Inc. demonstrates mixed fundamentals in the Utilities sector. Below is our complete THR stock analysis for 2026.

Is Thermon Group Holdings, Inc. (THR) a Good Investment?

Claude

Thermon demonstrates solid financial health with strong liquidity (2.90x current ratio), conservative leverage (0.22x debt/equity), and healthy profitability (45.8% gross margin, 15.5% operating margin). However, revenue growth is essentially flat at 0.7% YoY with net income unchanged, indicating a mature business lacking meaningful growth momentum despite generating adequate free cash flow of $25.7M.

Why Buy Thermon Group Holdings, Inc. Stock? THR Key Strengths

Claude
  • + Excellent liquidity position with 2.90x current ratio and 1.84x quick ratio
  • + Conservative capital structure with 0.22x debt/equity and strong 11.4x interest coverage
  • + Healthy profitability with 45.8% gross margin and solid 15.5% operating margin
  • + Positive free cash flow generation of $25.7M annually
  • + Financially stable with low financial distress risk

THR Stock Risks: Thermon Group Holdings, Inc. Investment Risks

Claude
  • ! Revenue growth essentially flat at 0.7% YoY indicating stagnant market demand or market share loss
  • ! Net income unchanged YoY despite slight EPS growth, suggesting dilution or cost pressures
  • ! Modest return on equity (7.8%) and return on assets (5.1%) indicating mediocre capital deployment efficiency
  • ! Free cash flow margin of 6.6% is moderate, limiting reinvestment capacity for growth initiatives
  • ! Mature/cyclical business showing no meaningful expansion or operational leverage improvement

Key Metrics to Watch

Claude
  • * Year-over-year revenue growth trajectory and margin expansion potential
  • * Return on equity and capital efficiency metrics
  • * Free cash flow generation and capital allocation decisions
  • * Gross margin sustainability in competitive environment

Thermon Group Holdings, Inc. (THR) Financial Metrics & Key Ratios

Revenue
$387.9M
Net Income
$41.8M
EPS (Diluted)
$1.27
Free Cash Flow
$25.7M
Total Assets
$816.7M
Cash Position
$46.9M

💡 AI Analyst Insight

Strong liquidity with a 2.90x current ratio provides a solid financial cushion.

THR Profit Margin, ROE & Profitability Analysis

Gross Margin 45.8%
Operating Margin 15.5%
Net Margin 10.8%
ROE 7.8%
ROA 5.1%
FCF Margin 6.6%

THR vs Utilities Sector: How Thermon Group Holdings, Inc. Compares

How Thermon Group Holdings, Inc. compares to Utilities sector averages

Net Margin
THR 10.8%
vs
Sector Avg 12.0%
THR Sector
ROE
THR 7.8%
vs
Sector Avg 10.0%
THR Sector
Current Ratio
THR 2.9x
vs
Sector Avg 0.8x
THR Sector
Debt/Equity
THR 0.2x
vs
Sector Avg 1.4x
THR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Thermon Group Holdings, Inc. Stock Overvalued? THR Valuation Analysis 2026

Based on fundamental analysis, Thermon Group Holdings, Inc. has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
7.8%
Sector avg: 10%
Net Profit Margin
10.8%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.22x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Thermon Group Holdings, Inc. Balance Sheet: THR Debt, Cash & Liquidity

Current Ratio
2.90x
Quick Ratio
1.84x
Debt/Equity
0.22x
Debt/Assets
34.0%
Interest Coverage
11.39x
Long-term Debt
$115.8M

THR Revenue & Earnings Growth: 5-Year Financial Trend

THR 5-year financial data: Year 2021: Revenue $412.6M, Net Income N/A, EPS $0.69. Year 2022: Revenue $383.5M, Net Income $877.0K, EPS $0.36. Year 2023: Revenue $440.6M, Net Income $877.0K, EPS $0.03. Year 2024: Revenue $494.6M, Net Income $20.1M, EPS $0.60. Year 2025: Revenue $498.2M, Net Income $33.7M, EPS $1.00.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Thermon Group Holdings, Inc.'s revenue has grown significantly by 21% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.00 reflects profitable operations.

THR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
6.6%
Free cash flow / Revenue

THR Quarterly Earnings & Performance

Quarterly financial performance data for Thermon Group Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $134.4M $8.5M $0.54
Q2 2026 $114.6M $8.5M $0.28
Q1 2026 $108.9M $8.5M $0.25
Q3 2025 $134.4M $8.5M $0.46
Q2 2025 $114.6M $8.5M $0.28
Q1 2025 $106.9M $8.5M $0.25
Q3 2024 $122.1M $8.4M $0.25
Q2 2024 $100.6M N/A $0.33

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Thermon Group Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$36.1M
Cash generated from operations
Stock Buybacks
$15.8M
Shares repurchased (TTM)
Capital Expenditures
$10.4M
Investment in assets
Dividends
None
No dividend program

THR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Thermon Group Holdings, Inc. (CIK: 0001489096)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/wk-form4_1775144858.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775144849.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775144843.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775144831.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775144825.xml View →

Frequently Asked Questions about THR

What is the AI rating for THR?

Thermon Group Holdings, Inc. (THR) has an AI rating of HOLD with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are THR's key strengths?

Claude: Excellent liquidity position with 2.90x current ratio and 1.84x quick ratio. Conservative capital structure with 0.22x debt/equity and strong 11.4x interest coverage.

What are the risks of investing in THR?

Claude: Revenue growth essentially flat at 0.7% YoY indicating stagnant market demand or market share loss. Net income unchanged YoY despite slight EPS growth, suggesting dilution or cost pressures.

What is THR's revenue and growth?

Thermon Group Holdings, Inc. reported revenue of $387.9M.

Does THR pay dividends?

Thermon Group Holdings, Inc. does not currently pay dividends.

Where can I find THR SEC filings?

Official SEC filings for Thermon Group Holdings, Inc. (CIK: 0001489096) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is THR's EPS?

Thermon Group Holdings, Inc. has a diluted EPS of $1.27.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is THR a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Thermon Group Holdings, Inc. has a HOLD rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is THR stock overvalued or undervalued?

Valuation metrics for THR: ROE of 7.8% (sector avg: 10%), net margin of 10.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy THR stock in 2026?

Our dual AI analysis gives Thermon Group Holdings, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is THR's free cash flow?

Thermon Group Holdings, Inc.'s operating cash flow is $36.1M, with capital expenditures of $10.4M. FCF margin is 6.6%.

How does THR compare to other Utilities stocks?

Vs Utilities sector averages: Net margin 10.8% (avg: 12%), ROE 7.8% (avg: 10%), current ratio 2.90 (avg: 0.8).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI