THR - Thermon Group Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$57.00
DETAILS
HIGH:
$60.00
LOW:
$54.00
MEDIAN:
$57.00
CONSENSUS:
$57.00
DOWNSIDE:
13.26%
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||
| Revenue | 536.3 | 498.2 | 494.6 | 440.6 | 355.7 | 276.2 | 383.5 | 412.6 | 308.6 | 264.1 | 281.9 | 308.6 | 277.3 | 284.0 | 270.5 | 294.1 | 192.7 | 202.8 |
| Cost of Revenue | 293.2 | 275.3 | 283.1 | 255.5 | 215.6 | 159.3 | 221.8 | 236.7 | 164.8 | 152.2 | 150.6 | 153.9 | 142.2 | 151.2 | 138.4 | 202.8 | 101.4 | 105.5 |
| Gross Profit | 243.1 | 222.9 | 211.6 | 185.1 | 140.1 | 116.9 | 161.6 | 175.9 | 143.8 | 111.9 | 131.3 | 154.7 | 135.2 | 132.8 | 132.1 | 91.3 | 91.3 | 97.3 |
| Operating Expenses | ||||||||||||||||||
| R&D Expenses | 0 | 9.4 | 10.0 | 10.9 | 0 | 8.2 | 0 | 6.3 | 5.2 | 3.5 | 3.3 | 3.2 | 3.4 | 3.1 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 159.6 | 129.8 | 123.8 | 116.8 | 93.3 | 91.4 | 111.7 | 106.7 | 94.6 | 77.7 | 75.0 | 76.9 | 65.5 | 64.6 | 76.3 | 47.3 | 47.3 | 49.8 |
| Other Expenses | 12.7 | 4.0 | 2.4 | 2.2 | 8.4 | 9.8 | 17.3 | 14.0 | (5.6) | (0.4) | (0.7) | (0.4) | (0.6) | (0.3) | 11.4 | 0 | 2.4 | 6.6 |
| Operating Expenses | 172.3 | 143.1 | 136.2 | 129.9 | 101.7 | 109.5 | 129.0 | 127.4 | 111.1 | 89.5 | 87.1 | 87.6 | 76.6 | 75.8 | 87.7 | 47.3 | 49.8 | 56.4 |
| Operating Income | ||||||||||||||||||
| Operating Income | 70.7 | 79.8 | 75.4 | 55.2 | 38.4 | 7.4 | 32.7 | (48.5) | 32.7 | 22.4 | 36.8 | 67.1 | 58.6 | 57.0 | 44.5 | 41.5 | 41.5 | 40.9 |
| Interest Expense | 8.0 | 10.3 | 8.8 | 5.9 | 5.8 | 10.3 | 14.3 | 15.7 | 9.0 | 3.5 | 4.1 | 4.6 | 10.0 | 15.2 | 15.3 | (7.4) | 7.4 | 9.6 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.3 | 0.2 | 0.6 | 0.6 | 0.4 | 0.5 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 |
| Profitability | ||||||||||||||||||
| EBITDA | 89.7 | 102.8 | 95.4 | 74.3 | 54.4 | 30.3 | 59.4 | 78.8 | 51.8 | 39.9 | 53.0 | 77.8 | 56.2 | 70.6 | 53.1 | 41.5 | 44.7 | 46.3 |
| EBIT | 72.6 | 80.4 | 76.5 | 55.1 | 34.2 | 9.5 | 31.1 | 48.5 | 32.7 | 22.4 | 36.5 | 67.1 | 58.6 | 56.8 | 39.1 | 2.5 | 40.3 | 37.8 |
| Income Before Tax | 64.2 | 70.1 | 67.7 | 49.2 | 28.4 | (0.6) | 17.1 | 33.1 | 18.4 | 19.1 | 32.4 | 62.6 | 32.8 | 41.5 | 19.5 | 32.9 | 32.9 | 28.2 |
| Income Tax Expense | 19.7 | 16.6 | 16.1 | 15.6 | 8.3 | (1.5) | 5.1 | 10.0 | 5.2 | 4.1 | 8.7 | 13.2 | 7.0 | 14.6 | 7.5 | (14.0) | 14.0 | 1.8 |
| Net Income | 44.6 | 53.5 | 51.6 | 33.7 | 20.1 | 0.9 | 11.9 | 22.8 | 11.9 | 14.6 | 23.0 | 49.4 | 25.8 | 27.0 | 12.0 | 46.9 | 18.9 | 26.4 |
| Per Share Data | ||||||||||||||||||
| EPS (Basic) | 1.35 | 1.59 | 1.53 | 1.01 | 0.60 | 0.03 | 0.36 | 0.70 | 0.37 | 0.45 | 0.72 | 1.54 | 0.82 | 0.88 | 0.41 | 0.99 | 0.40 | 0.56 |
| EPS (Diluted) | 1.34 | 1.57 | 1.51 | 1.00 | 0.60 | 0.03 | 0.36 | 0.69 | 0.36 | 0.45 | 0.71 | 1.52 | 0.80 | 0.85 | 0.40 | 1.70 | 0.64 | 0.90 |
| Shares Outstanding | 32.9 | 33.7 | 33.7 | 33.5 | 33.3 | 33.1 | 32.8 | 32.6 | 32.4 | 32.3 | 32.2 | 32.0 | 31.6 | 30.8 | 29.1 | 47.2 | 47.2 | 47.2 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||
| Cash & Cash Equivalents | 52.3 | 39.5 | 48.6 | 35.6 | 41.4 | 40.1 | 43.2 | 31.4 | 33.9 | 42.8 | 84.6 | 13.4 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 152.2 | 129.2 | 125.6 | 117.0 | 119.6 | 94.1 | 105.2 | 136.2 | 112.4 | 70.7 | 58.5 | 41.3 |
| Inventory | 118.1 | 89.0 | 86.3 | 82.1 | 71.7 | 63.8 | 60.3 | 64.9 | 63.8 | 34.0 | 40.6 | 25.1 |
| Other Current Assets | 18.6 | 16.5 | 3.6 | 16.1 | 0 | 0 | 0 | 0 | 1.7 | 3.5 | 9.2 | 1.9 |
| Total Current Assets | 341.2 | 274.3 | 274.6 | 250.9 | 244.4 | 206.8 | 217.9 | 239.8 | 220.2 | 198.2 | 199.8 | 85.3 |
| Non-Current Assets | ||||||||||||
| Property, Plant & Equipment | 94.5 | 84.0 | 81.9 | 76.9 | 76.6 | 85.2 | 89.2 | 75.0 | 74.5 | 43.3 | 41.6 | 22.3 |
| Goodwill | 269.0 | 264.3 | 270.8 | 219.6 | 212.8 | 213.0 | 198.0 | 205.0 | 210.6 | 122.5 | 121.5 | 37.0 |
| Intangible Assets | 103.7 | 115.3 | 127.1 | 94.0 | 94.9 | 103.8 | 104.5 | 126.6 | 151.4 | 86.2 | 89.3 | 46.2 |
| Long-Term Investments | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0.8 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 21.0 | 16.6 | 12.2 | 7.5 | 6.8 | 6.4 | 8.4 | 4.8 | 2.4 | 1.1 | 0.3 | 3.0 |
| Total Non-Current Assets | 489.4 | 481.2 | 493.1 | 398.7 | 392.2 | 411.1 | 403.0 | 416.0 | 442.3 | 255.9 | 254.2 | 108.5 |
| Total Assets | 830.6 | 755.5 | 767.7 | 649.6 | 636.7 | 617.9 | 620.9 | 655.8 | 662.5 | 454.1 | 396.6 | 193.7 |
| Current Liabilities | ||||||||||||
| Account Payables | 41.1 | 31.2 | 31.4 | 27.3 | 33.6 | 19.7 | 25.1 | 22.7 | 23.0 | 15.7 | 19.5 | 10.5 |
| Short-Term Debt | 12.5 | 18 | 19.6 | 24.7 | 7.9 | 2.5 | 2.5 | 13.7 | 2.5 | 20.2 | 13.5 | 0 |
| Deferred Revenue | 0 | 19.6 | 20.5 | 8.5 | 8.4 | 3.2 | 4.9 | 7.6 | 8.7 | 2.9 | 3.6 | 0 |
| Other Current Liabilities | 69.2 | 23.4 | 18.3 | 13.4 | 16.8 | 12.4 | 13.0 | 22.4 | 5.8 | 4.6 | 12.8 | 7.9 |
| Total Current Liabilities | 126.8 | 112.7 | 109.3 | 110.1 | 81.0 | 52.8 | 60.6 | 73.1 | 62.4 | 52.3 | 57.6 | 29.5 |
| Non-Current Liabilities | ||||||||||||
| Long-Term Debt | 12.1 | 120.4 | 152.0 | 87.7 | 120.4 | 143.0 | 169.1 | 197.7 | 214.5 | 60.2 | 80.1 | 99.0 |
| Deferred Tax Liabilities | 10.9 | 9.8 | 9.4 | 12.1 | 17.9 | 21.0 | 22.2 | 28.1 | 34.3 | 25.7 | 29.1 | 26.4 |
| Other Non-Current Liabilities | 142.1 | 8.1 | 9.6 | 8.3 | 8.4 | 9.8 | 7.0 | 7.5 | 10.4 | 3.4 | 3.2 | 0.6 |
| Total Non-Current Liabilities | 165.0 | 147.5 | 183.6 | 120.6 | 156.5 | 186.2 | 213.8 | 233.8 | 259.2 | 89.3 | 112.4 | 126.0 |
| Total Liabilities | 291.9 | 260.1 | 292.9 | 230.6 | 237.5 | 239.0 | 274.5 | 306.8 | 225 | 80.5 | 93.6 | 155.5 |
| Stockholders' Equity | ||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 |
| Retained Earnings | 386.9 | 342.3 | 288.8 | 237.2 | 203.5 | 183.4 | 182.6 | 170.6 | 148.8 | 136.9 | 122.3 | 0 |
| Accumulated Other Comprehensive Income | (62.8) | (72.8) | (57.2) | (58.1) | (38.9) | (35.9) | (63.9) | (48.9) | (36.5) | (48.3) | (44.6) | 0 |
| Total Stockholders' Equity | 538.7 | 495.3 | 474.9 | 419.0 | 399.2 | 378.9 | 346.4 | 348.9 | 340.8 | 312.5 | 298.7 | 38.2 |
| Total Liabilities & Equity | 830.6 | 755.5 | 767.7 | 649.6 | 636.7 | 617.9 | 620.9 | 655.8 | 662.5 | 454.1 | 396.6 | 193.7 |
| Debt Metrics | ||||||||||||
| Total Debt | 24.6 | 151.7 | 187.5 | 128.3 | 141.6 | 161.4 | 190.7 | 211.5 | 217.0 | 80.5 | 93.6 | 99.0 |
| Net Debt | (27.7) | 112.2 | 138.9 | 92.6 | 100.2 | 121.3 | 147.4 | 180.1 | 183.2 | 37.6 | 9.0 | 85.6 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Net Income | 44.6 | 53.5 | 51.6 | 33.7 | 20.1 | 1.2 | 11.9 | 23.2 | 13.2 | 15.0 | 23.6 |
| Depreciation & Amortization | 22.5 | 22.3 | 18.8 | 19.2 | 20.2 | 20.7 | 28.3 | 30.0 | 24.4 | 17.8 | 17.4 |
| Stock-Based Compensation | 8.2 | 5.2 | 5.8 | 0 | 3.8 | 3.7 | 5.0 | 4.1 | 3.5 | 3.4 | 3.7 |
| Change in Working Capital | (29.5) | (16.4) | (7.9) | 3.7 | (16.2) | 4.5 | 24.2 | (32.4) | (11.6) | (6.9) | 5.6 |
| Other Non-Cash Items | 0.4 | 0.5 | (0.2) | 5.7 | 2.5 | 3.2 | 5.5 | 2.8 | 3.7 | 0.5 | 3.0 |
| Operating Cash Flow | 46.8 | 63.1 | 66.0 | 57.7 | 28.8 | 30.3 | 70.7 | 23.2 | 21.9 | 26.4 | 47.9 |
| Investing Activities | |||||||||||
| Capital Expenditure | (13.9) | (10.2) | (11.0) | (9.5) | (5.2) | (8.1) | (10.9) | (12.0) | (10.0) | (8.4) | (12.6) |
| Acquisitions | 0.8 | (10.5) | (99.4) | (35.1) | 0 | 0.3 | 0 | (4.7) | (202.7) | 1.2 | (31.2) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.7 | (8.1) | (44.8) | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.0 | 53.4 | 0 | 0 |
| Other Investing Activities | 0 | 5.8 | 0.9 | 0 | 0.7 | 0 | 0.8 | 1.0 | 0.9 | 1.2 | 2.2 |
| Investing Cash Flow | (13.1) | (15.0) | (109.5) | (44.6) | (4.5) | (7.8) | (10.0) | (10.1) | (166.5) | (52.0) | (41.6) |
| Financing Activities | |||||||||||
| Net Debt Issuance | 2.2 | (33.7) | 59.6 | (12.7) | (20.8) | (27.8) | (42.1) | (40.5) | 143.7 | (13.8) | (13.7) |
| Stock Repurchased | (19.5) | (23.4) | (2.3) | (0.6) | (0.7) | (0.8) | (1.0) | (0.6) | (0.5) | (0.6) | (1.3) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.1) | 0.6 | (0.8) | (0.1) | (1.2) | 0.4 | (3.5) | 27.0 | (9.3) | (0.3) | (0.0) |
| Financing Cash Flow | (17.3) | (56.4) | 56.5 | (13.5) | (22.7) | (28.2) | (46.5) | (14.1) | 133.9 | (14.7) | (15.0) |
| Cash Position | |||||||||||
| Net Change in Cash | 16.4 | (9.0) | 11.9 | (5.4) | 1.5 | (3.6) | 12.2 | (2.5) | (9.0) | (41.7) | (9.2) |
| Cash at Beginning | 41.4 | 50.4 | 38.5 | 43.9 | 42.5 | 46.0 | 33.8 | 36.3 | 42.8 | 84.6 | 93.8 |
| Cash at End | 57.8 | 41.4 | 50.4 | 38.5 | 43.9 | 42.5 | 46.0 | 33.8 | 33.9 | 42.8 | 84.6 |
| Free Cash Flow | 32.9 | 52.9 | 54.9 | 48.3 | 23.5 | 22.2 | 59.9 | 11.2 | 11.9 | 18.1 | 35.3 |
| Key Metrics | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||
| Revenue | 536.3 | 498.2 | 494.6 | 440.6 | 355.7 | 276.2 | 383.5 | 412.6 | 308.6 | 264.1 | 281.9 | 308.6 | 277.3 | 284.0 | 270.5 | 294.1 | 192.7 | 202.8 |
| Gross Profit | 243.1 | 222.9 | 211.6 | 185.1 | 140.1 | 116.9 | 161.6 | 175.9 | 143.8 | 111.9 | 131.3 | 154.7 | 135.2 | 132.8 | 132.1 | 91.3 | 91.3 | 97.3 |
| Operating Income | 70.7 | 79.8 | 75.4 | 55.2 | 38.4 | 7.4 | 32.7 | (48.5) | 32.7 | 22.4 | 36.8 | 67.1 | 58.6 | 57.0 | 44.5 | 41.5 | 41.5 | 40.9 |
| Net Income | 44.6 | 53.5 | 51.6 | 33.7 | 20.1 | 0.9 | 11.9 | 22.8 | 11.9 | 14.6 | 23.0 | 49.4 | 25.8 | 27.0 | 12.0 | 46.9 | 18.9 | 26.4 |
| EPS (Diluted) | 1.34 | 1.57 | 1.51 | 1.00 | 0.60 | 0.03 | 0.36 | 0.69 | 0.36 | 0.45 | 0.71 | 1.52 | 0.80 | 0.85 | 0.40 | 1.70 | 0.64 | 0.90 |
| Balance Sheet | ||||||||||||||||||
| Cash & Equivalents | 52.3 | 39.5 | 48.6 | 35.6 | 41.4 | 40.1 | 43.2 | 31.4 | 33.9 | 42.8 | 84.6 | 13.4 | ||||||
| Total Assets | 830.6 | 755.5 | 767.7 | 649.6 | 636.7 | 617.9 | 620.9 | 655.8 | 662.5 | 454.1 | 396.6 | 193.7 | ||||||
| Total Debt | 24.6 | 151.7 | 187.5 | 128.3 | 141.6 | 161.4 | 190.7 | 211.5 | 217.0 | 80.5 | 93.6 | 99.0 | ||||||
| Stockholders' Equity | 538.7 | 495.3 | 474.9 | 419.0 | 399.2 | 378.9 | 346.4 | 348.9 | 340.8 | 312.5 | 298.7 | 38.2 | ||||||
| Cash Flow | ||||||||||||||||||
| Operating Cash Flow | 46.8 | 63.1 | 66.0 | 57.7 | 28.8 | 30.3 | 70.7 | 23.2 | 21.9 | 26.4 | 47.9 | |||||||
| Capital Expenditure | (13.9) | (10.2) | (11.0) | (9.5) | (5.2) | (8.1) | (10.9) | (12.0) | (10.0) | (8.4) | (12.6) | |||||||
| Free Cash Flow | 32.9 | 52.9 | 54.9 | 48.3 | 23.5 | 22.2 | 59.9 | 11.2 | 11.9 | 18.1 | 35.3 | |||||||