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THR

Thermon Group Holdings, Inc.

THR

NYSE·Industrials·Electrical Equipment & Parts·Mkt cap $2.0B

$61.14

-8.49%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$23.86 - $71.87

P/E

34.74

Fwd P/E

27.05

Beta

0.72

Div Yield

0.00%

Avg Vol

571.0K

Shares Out

32.9M

Mkt Cap

$2.0B

Price action

Price chart

Up 125.8% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

6 reasons

  • 70-year heritage and established relationships across critical industrial sectors
  • Integrated solutions approach combining products with engineering design and ongoing support services
  • Global distribution network with direct sales and service professionals enabling customer proximity
  • Recurring revenue model through maintenance contracts, technical support, and facility assessments
  • Specialized expertise in harsh environments (explosion-proof, high-temperature, corrosive applications)
  • Diversified end-market exposure reducing dependence on single industry cycles

Bear Case

2 risks

  • Low volatility (beta 0.7).
  • Premium valuation to Industrial Machinery peers

Growth

Stable outlook

Industrial infrastructure modernization and replacement cycles in developed economies

Value

Premium valuation to Industrial Machinery peers

Momentum

Strong

+18.2% over 3m

Quality

Strong

Excellent business quality

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 21, 2026

Q2 26 RECAP

MAY 19, 2026

Reported EPS of $0.55 vs $0.56 consensus (-1.8% surprise). Revenue of $148.3M vs $137.9M expected (+7.6%).

EPS miss
Rev beat +7.6%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-1.8%

Next: May 21, 2026

Revenue trend · last 8Q

-2%

+5%

-5%

+15%

+10%

Q4 24

Q1 24

Q2 24

Q3 24

Q4 25

Q1 25

Q2 25

Q3 25

$127.7M

$115.1M

$114.6M

$134.4M

$134.1M

$108.9M

$131.7M

$147.3M

Margins · last 8Q

Gross

46.6%

Operating

18.1%

Profit

12.4%

Wall Street consensus

2 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

50%

Hold

1

50%

Sell

0%

Median Price Target

Latest: William Blair · Feb 25, 2026

vs Industry

How THR stacks vs Electrical Equipment & Parts

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.