Thermon Financial Statements From 2010 to 2024

THR Stock  USD 29.65  0.13  0.44%   
Thermon Group financial statements provide useful quarterly and yearly information to potential Thermon Group Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Thermon Group financial statements helps investors assess Thermon Group's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Thermon Group's valuation are summarized below:
Gross Profit
138.7 M
Profit Margin
0.1005
Market Capitalization
999.6 M
Enterprise Value Revenue
2.4856
Revenue
489.5 M
There are over one hundred nineteen available fundamental trend indicators for Thermon Group Holdings, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to double-check Thermon Group's current fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 04/19/2024, Market Cap is likely to drop to about 561.4 M. In addition to that, Enterprise Value is likely to drop to about 658.3 M

Thermon Group Total Revenue

333.91 Million

Check Thermon Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thermon main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.6 M, Interest Expense of 7.4 M or Selling General Administrative of 88.4 M, as well as many exotic indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 2.0E-4 or PTB Ratio of 4.18. Thermon financial statements analysis is a perfect complement when working with Thermon Group Valuation or Volatility modules.
  
This module can also supplement Thermon Group's financial leverage analysis and stock options assessment as well as various Thermon Group Technical models . Check out the analysis of Thermon Group Correlation against competitors.

Thermon Group Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets536.6 M747.1 M528.6 M
Slightly volatile
Short and Long Term Debt Total156.6 M147.5 M141.2 M
Slightly volatile
Other Current Liabilities55.8 M53.1 M25.3 M
Slightly volatile
Total Current Liabilities65.9 M126.6 M65.4 M
Slightly volatile
Total Stockholder Equity293.8 M481.8 M306.6 M
Slightly volatile
Other Liabilities21.2 M30.3 M23.1 M
Slightly volatile
Property Plant And Equipment Net55.3 M88.4 M56.9 M
Slightly volatile
Net Debt106.8 M106.5 M95.3 M
Slightly volatile
Accounts Payable21.7 M31.4 M21.4 M
Slightly volatile
Cash49.8 M41 M45.9 M
Very volatile
Non Current Assets Total337.6 M458.5 M331.2 M
Slightly volatile
Non Currrent Assets Other4.4 M8.7 M4.1 M
Slightly volatile
Long Term Debt139.9 M100.9 M123.3 M
Pretty Stable
Cash And Short Term Investments49.8 M41 M45.9 M
Very volatile
Net Receivables87.4 M134.6 M88.6 M
Slightly volatile
Good Will158.1 M252.6 M160.3 M
Slightly volatile
Common Stock Shares Outstanding29.3 M30.4 M33.7 M
Slightly volatile
Liabilities And Stockholders Equity536.6 M747.1 M528.6 M
Slightly volatile
Non Current Liabilities Total182.2 M138.7 M161.8 M
Pretty Stable
Inventory52.2 M94.5 M53.6 M
Slightly volatile
Other Current Assets19.5 M18.6 M9.4 M
Slightly volatile
Other Stockholder Equity180 M275.8 M180.8 M
Slightly volatile
Total Liabilities224.2 M265.2 M203.9 M
Slightly volatile
Property Plant And Equipment Gross174.3 M166 M78.8 M
Slightly volatile
Total Current Assets203.2 M288.6 M201.4 M
Slightly volatile
Intangible Assets117.5 M108.1 M107.9 M
Very volatile
Property Plant Equipment53.1 M72.8 M53.7 M
Slightly volatile
Current Deferred Revenue5.2 M7.6 M6.5 M
Pretty Stable
Short Term Debt26.5 M25.3 M16.6 M
Very volatile
Common Stock34.8 K38 K32.2 K
Slightly volatile
Common Stock Total Equity35.4 K38 K32.6 K
Slightly volatile
Long Term Debt Total138.6 M100.9 M124.6 M
Pretty Stable
Capital Surpluse241.3 M275.8 M222.8 M
Slightly volatile
Deferred Long Term Liabilities21.1 M10.9 M26.3 M
Slightly volatile
Non Current Liabilities Other25.1 M23.9 M10.6 M
Slightly volatile
Short and Long Term Debt17.8 M22.2 M41.8 M
Slightly volatile
Deferred Long Term Asset Charges3.2 M4.4 M2.8 M
Slightly volatile
Cash And Equivalents42.2 M41 M40.6 M
Slightly volatile
Net Invested Capital428 M478.3 M532 M
Slightly volatile
Net Working Capital125.4 M126.8 M153.2 M
Slightly volatile
Capital Stock26.4 K29.7 K32.3 K
Slightly volatile
Capital Lease Obligations12.8 M14.3 M17.6 M
Slightly volatile

Thermon Group Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization13.6 M26.3 M13.9 M
Slightly volatile
Interest Expense7.4 M5.3 M9.1 M
Slightly volatile
Selling General Administrative88.4 M134.3 M88.2 M
Slightly volatile
Total Revenue333.9 M506.7 M327.1 M
Slightly volatile
Gross Profit146.8 M212.9 M145.3 M
Slightly volatile
Other Operating Expenses286.4 M439 M282 M
Slightly volatile
EBIT36.3 M49.7 M45.5 M
Slightly volatile
Research Development12.8 M12.2 M5.8 M
Slightly volatile
EBITDA45.5 M70.2 M58.7 M
Pretty Stable
Cost Of Revenue187.1 M293.8 M181.9 M
Slightly volatile
Total Operating Expenses99.3 M145.2 M100.1 M
Slightly volatile
Net Income Applicable To Common Shares17.1 M30.3 M21.8 M
Pretty Stable
Net Income18.4 M30.3 M21.9 M
Pretty Stable
Net Income From Continuing Ops17.2 M30.3 M21.1 M
Very volatile
Selling And Marketing Expenses94.7 M134.6 M86.9 M
Slightly volatile
Interest Income7.1 M6.8 M3.3 M
Pretty Stable
Reconciled Depreciation17.5 M17.3 M22.5 M
Slightly volatile

Thermon Group Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation3.8 M6.8 M3.9 M
Slightly volatile
Begin Period Cash Flow47.4 M50.5 M47.8 M
Very volatile
Depreciation18.4 M22.1 M18.9 M
Slightly volatile
Capital Expenditures7.9 M10.9 M8.2 M
Slightly volatile
Total Cash From Operating Activities38.5 M66.4 M38.7 M
Slightly volatile
Net Income17.1 M30.3 M22 M
Pretty Stable
End Period Cash Flow49.2 M44.3 M47 M
Very volatile
Issuance Of Capital Stock776.6 K1.2 M638.2 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.452.182.2067
Slightly volatile
Dividend Yield2.0E-42.0E-40.171
Slightly volatile
PTB Ratio4.182.293.2291
Slightly volatile
Days Sales Outstanding74.7887.2695.3015
Slightly volatile
Book Value Per Share6.511.279.0438
Slightly volatile
Invested Capital0.330.350.5973
Slightly volatile
Operating Cash Flow Per Share0.821.551.122
Pretty Stable
Stock Based Compensation To Revenue0.00870.01220.0113
Very volatile
PB Ratio4.182.293.2291
Slightly volatile
EV To Sales2.812.422.505
Slightly volatile
Inventory Turnover4.213.583.6166
Slightly volatile
Net Income Per Share0.731.160.6888
Very volatile
Days Of Inventory On Hand80.45106104
Slightly volatile
Payables Turnover9.7610.758.789
Pretty Stable
Sales General And Administrative To Revenue0.220.240.2674
Very volatile
Research And Ddevelopement To Revenue0.0170.02160.0178
Slightly volatile
Cash Per Share1.150.961.467
Pretty Stable
POCF Ratio29.1516.6226.4155
Slightly volatile
Payout Ratio0.00530.005610.3698
Slightly volatile
Days Payables Outstanding33.6935.1442.22
Pretty Stable
Income Quality2.661.543.4285
Pretty Stable
ROE0.170.09240.1208
Slightly volatile
EV To Operating Cash Flow34.1618.4630.7751
Slightly volatile
PE Ratio21.1822.378.6763
Pretty Stable
Return On Tangible Assets0.120.10020.1009
Slightly volatile
Earnings Yield0.03880.04640.0334
Very volatile
Intangibles To Total Assets0.560.48270.5151
Very volatile
Net Debt To EBITDA1.541.071.7208
Pretty Stable
Current Ratio2.592.053.1785
Pretty Stable
Receivables Turnover4.584.333.973
Slightly volatile
Graham Number7.9615.1510.7577
Pretty Stable
Shareholders Equity Per Share6.511.279.0438
Slightly volatile
Debt To Equity0.330.350.5973
Slightly volatile
Revenue Per Share7.1811.859.5515
Slightly volatile
Interest Debt Per Share3.553.614.4681
Very volatile
Debt To Assets0.340.230.2866
Slightly volatile
Enterprise Value Over EBITDA11.3110.6913.4609
Pretty Stable
Short Term Coverage Ratios2.91.853.4594
Pretty Stable
Price Earnings Ratio21.1822.378.6763
Pretty Stable
Operating Cycle155193199
Slightly volatile
Price Book Value Ratio4.182.293.2291
Slightly volatile
Days Of Payables Outstanding33.6935.1442.22
Pretty Stable
Dividend Payout Ratio0.00530.005610.3698
Slightly volatile
Price To Operating Cash Flows Ratio29.1516.6226.4155
Slightly volatile
Effective Tax Rate0.450.280.613
Pretty Stable
Company Equity Multiplier2.441.782.0023
Slightly volatile
Long Term Debt To Capitalization0.40.220.3215
Slightly volatile
Total Debt To Capitalization0.430.270.3465
Slightly volatile
Debt Equity Ratio0.330.350.5973
Slightly volatile
Quick Ratio1.821.252.2093
Slightly volatile
Cash Ratio0.350.370.7639
Slightly volatile
Cash Conversion Cycle122158157
Slightly volatile
Operating Cash Flow Sales Ratio0.0960.120.1157
Very volatile
Days Of Inventory Outstanding80.45106104
Slightly volatile
Days Of Sales Outstanding74.7887.2695.3015
Slightly volatile
Cash Flow Coverage Ratios0.220.40.2877
Very volatile
Price To Book Ratio4.182.293.2291
Slightly volatile
Fixed Asset Turnover7.936.596.7074
Slightly volatile
Price Cash Flow Ratio29.1516.6226.4155
Slightly volatile
Enterprise Value Multiple11.3110.6913.4609
Pretty Stable
Debt Ratio0.340.230.2866
Slightly volatile
Cash Flow To Debt Ratio0.220.40.2877
Very volatile
Price Sales Ratio2.452.182.2067
Slightly volatile
Return On Assets0.06080.05960.0507
Slightly volatile
Asset Turnover0.730.780.656
Pretty Stable
Net Profit Margin0.08650.08790.073
Slightly volatile
Gross Profit Margin0.480.42020.4551
Slightly volatile
Price Fair Value4.182.293.2291
Slightly volatile
Return On Equity0.170.09240.1208
Slightly volatile

Thermon Group Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap561.4 M750.6 M706.3 M
Very volatile
Enterprise Value658.3 M834 M827.6 M
Very volatile

Thermon Fundamental Market Drivers

Forward Price Earnings26.9542
Cash And Short Term Investments35.6 M

Thermon Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
23rd of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

About Thermon Group Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Thermon Group income statement, its balance sheet, and the statement of cash flows. Thermon Group investors use historical funamental indicators, such as Thermon Group's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thermon Group investors may use each financial statement separately, they are all related. The changes in Thermon Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Thermon Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Thermon Group Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Thermon Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue7.6 M5.2 M
Total Revenue506.7 M333.9 M
Cost Of Revenue293.8 M187.1 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.24  0.22 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue(0.02)(0.03)
Revenue Per Share 11.85  7.18 
Ebit Per Revenue 0.13  0.14 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thermon Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thermon Group's short interest history, or implied volatility extrapolated from Thermon Group options trading.

Currently Active Assets on Macroaxis

When determining whether Thermon Group Holdings is a strong investment it is important to analyze Thermon Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Thermon Group's future performance. For an informed investment choice regarding Thermon Stock, refer to the following important reports:
Check out the analysis of Thermon Group Correlation against competitors.
Note that the Thermon Group Holdings information on this page should be used as a complementary analysis to other Thermon Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Thermon Group's price analysis, check to measure Thermon Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.
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Is Thermon Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thermon Group. If investors know Thermon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thermon Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.84
Earnings Share
1.44
Revenue Per Share
14.466
Quarterly Revenue Growth
0.117
Return On Assets
0.0726
The market value of Thermon Group Holdings is measured differently than its book value, which is the value of Thermon that is recorded on the company's balance sheet. Investors also form their own opinion of Thermon Group's value that differs from its market value or its book value, called intrinsic value, which is Thermon Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thermon Group's market value can be influenced by many factors that don't directly affect Thermon Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thermon Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermon Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermon Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.