thermon group holdings - THR
THR
Close Chg Chg %
31.17 0.83 2.65%
Closed Market
31.99
+0.83 (2.65%)
Volume: 223.47K
Last Updated:
Nov 22, 2024, 3:59 PM EDT
Company Overview: thermon group holdings - THR
THR Key Data
| Open $31.49 | Day Range 31.06 - 31.99 |
| 52 Week Range 23.76 - 35.93 | Market Cap $1.05B |
| Shares Outstanding 33.69M | Public Float 32.90M |
| Beta 1.07 | Rev. Per Employee N/A |
| P/E Ratio 24.26 | EPS $1.30 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 218.77K |
THR Performance
| 1 Week | 7.61% | ||
| 1 Month | 18.85% | ||
| 3 Months | 3.83% | ||
| 1 Year | 2.73% | ||
| 5 Years | 22.63% |
THR Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
4
Full Ratings ➔
About thermon group holdings - THR
Thermon Group Holdings, Inc. engages in the development, manufacture, and trade of engineered thermal solutions for process industries. Its products include electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products. It operates through the following geographical segments: United States and Latin America, Canada, Europe, Middle East and Africa, and Asia Pacific. The company was founded by Richard L. Burdick in October 1954 and is headquartered in Austin, TX.
THR At a Glance
Thermon Group Holdings, Inc.
7171 Southwest Parkway
Austin, Texas 78735
| Phone | 1-512-690-0600 | Revenue | 494.63M | |
| Industry | Electrical Products | Net Income | 51.59M | |
| Sector | Producer Manufacturing | 2024 Sales Growth | 12.265% | |
| Fiscal Year-end | 03 / 2025 | Employees | 1,416 | |
| View SEC Filings |
THR Valuation
| P/E Current | 24.257 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 21.607 |
| Price to Sales Ratio | 2.254 |
| Price to Book Ratio | 2.323 |
| Price to Cash Flow Ratio | 16.901 |
| Enterprise Value to EBITDA | 12.943 |
| Enterprise Value to Sales | 2.531 |
| Total Debt to Enterprise Value | 0.15 |
THR Efficiency
| Revenue/Employee | 349,314.266 |
| Income Per Employee | 36,432.203 |
| Receivables Turnover | 3.937 |
| Total Asset Turnover | 0.698 |
THR Liquidity
| Current Ratio | 2.513 |
| Quick Ratio | 1.723 |
| Cash Ratio | 0.462 |
THR Profitability
| Gross Margin | 40.719 |
| Operating Margin | 15.746 |
| Pretax Margin | 13.682 |
| Net Margin | 10.43 |
| Return on Assets | 7.279 |
| Return on Equity | 11.543 |
| Return on Total Capital | 7.787 |
| Return on Invested Capital | 8.905 |
THR Capital Structure
| Total Debt to Total Equity | 39.51 |
| Total Debt to Total Capital | 28.32 |
| Total Debt to Total Assets | 24.439 |
| Long-Term Debt to Equity | 34.659 |
| Long-Term Debt to Total Capital | 24.844 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Thermon Group Holdings - THR
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 276.18M | 355.67M | 440.59M | 494.63M | |
Sales Growth
| -27.98% | +28.78% | +23.87% | +12.27% | |
Cost of Goods Sold (COGS) incl D&A
| 168.38M | 222.90M | 264.91M | 293.22M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 20.72M | 20.20M | 19.23M | 18.84M | |
Depreciation
| 11.28M | 11.41M | 9.78M | 8.68M | |
Amortization of Intangibles
| 9.45M | 8.79M | 9.45M | 10.16M | |
COGS Growth
| -29.73% | +32.38% | +18.85% | +10.69% | |
Gross Income
| 107.80M | 132.78M | 175.68M | 201.41M | |
Gross Income Growth
| -25.07% | +23.17% | +32.31% | +14.64% | |
Gross Profit Margin
| +39.03% | +37.33% | +39.87% | +40.72% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 84.02M | 92.83M | 116.67M | 123.52M | |
Research & Development
| 7.47M | 6.44M | 10.57M | 9.80M | |
Other SG&A
| 76.55M | 86.40M | 106.10M | 113.72M | |
SGA Growth
| -24.45% | +10.50% | +25.68% | +5.88% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 15.18M | 3.95M | 4.72M | 1.67M | |
EBIT after Unusual Expense
| 8.60M | 35.99M | 54.29M | 76.21M | |
Non Operating Income/Expense
| 1.39M | (1.75M) | 811.00K | 305.00K | |
Non-Operating Interest Income
| - | - | - | 76.00K | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 10.26M | 5.82M | 5.87M | 8.85M | |
Interest Expense Growth
| -28.14% | -43.33% | +0.96% | +50.66% | |
Gross Interest Expense
| 10.26M | 5.82M | 5.87M | 8.85M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| (273.00K) | 28.43M | 49.23M | 67.67M | |
Pretax Income Growth
| -101.60% | +10,512.09% | +73.20% | +37.46% | |
Pretax Margin
| -0.10% | +7.99% | +11.17% | +13.68% | |
Income Tax
| (1.44M) | 8.33M | 15.57M | 16.09M | |
Income Tax - Current - Domestic
| (4.46M) | 1.07M | 7.51M | 6.85M | |
Income Tax - Current - Foreign
| 6.10M | 8.91M | 12.62M | 11.31M | |
Income Tax - Deferred - Domestic
| (1.99M) | (253.00K) | (2.91M) | (453.00K) | |
Income Tax - Deferred - Foreign
| (1.08M) | (1.40M) | (1.65M) | (1.63M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 1.17M | 20.09M | 33.67M | 51.59M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 1.17M | 20.09M | 33.67M | 51.59M | |
Net Income Growth
| -90.24% | +1,624.64% | +67.56% | +53.23% | |
Net Margin Growth
| +0.42% | +5.65% | +7.64% | +10.43% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 1.17M | 20.09M | 33.67M | 51.59M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 1.17M | 20.09M | 33.67M | 51.59M | |
EPS (Basic)
| 0.0352 | 0.6032 | 1.0059 | 1.5321 | |
EPS (Basic) Growth
| -90.34% | +1,613.64% | +66.76% | +52.31% | |
Basic Shares Outstanding
| 33.13M | 33.31M | 33.47M | 33.67M | |
EPS (Diluted)
| 0.0349 | 0.5995 | 0.9976 | 1.5143 | |
EPS (Diluted) Growth
| -90.31% | +1,617.77% | +66.41% | +51.79% | |
Diluted Shares Outstanding
| 33.34M | 33.51M | 33.75M | 34.07M | |
EBITDA
| 44.51M | 60.15M | 78.24M | 96.72M | |
EBITDA Growth
| -26.97% | +35.15% | +30.08% | +23.62% | |
EBITDA Margin
| +16.11% | +16.91% | +17.76% | +19.55% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 40.00 | |
| Number of Ratings | 4 | Current Quarters Estimate | 0.553 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 1.80 | |
| Last Quarter’s Earnings | 0.38 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 1.82 | Next Fiscal Year Estimate | 2.09 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 4 | 4 | 4 | 3 |
| Mean Estimate | 0.55 | 0.49 | 1.80 | 2.09 |
| High Estimates | 0.61 | 0.52 | 1.81 | 2.12 |
| Low Estimate | 0.51 | 0.44 | 1.79 | 2.05 |
| Coefficient of Variance | 7.87 | 7.26 | 0.45 | 1.73 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 3 | 3 | 3 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 1 | 1 | 1 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Thermon Group Holdings - THR
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Thermon Group Holdings - THR
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jun 5, 2024 | Bruce A. Thames President & CEO; Director | 307,759 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jun 5, 2024 | Ryan Tarkington SVP, General Counsel | 35,830 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jun 5, 2024 | Ryan Tarkington SVP, General Counsel | 34,259 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.76 per share | 1,156,583.84 |
| Jun 5, 2024 | Greg Lucas VP, Corporate Controller | 5,057 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jun 5, 2024 | Thomas N. Cerovski SVP, Global Sales | 42,106 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.76 per share | 1,421,498.56 |
| Jun 5, 2024 | Thomas N. Cerovski SVP, Global Sales | 43,808 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jun 5, 2024 | Greg Lucas VP, Corporate Controller | 4,427 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.76 per share | 149,455.52 |
| Jun 5, 2024 | David Buntin SVP, Thermon Heat Tracing | 53,458 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.76 per share | 1,804,742.08 |
| Jun 5, 2024 | David Buntin SVP, Thermon Heat Tracing | 55,978 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jun 5, 2024 | Bruce A. Thames President & CEO; Director | 297,901 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.76 per share | 10,057,137.76 |
| Jun 5, 2024 | Roberto Kuahara SVP, Operations | 25,923 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jun 5, 2024 | Mark Roberts SVP, Global Engineering | 52,088 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.76 per share | 1,758,490.88 |
| Jun 5, 2024 | Mark Roberts SVP, Global Engineering | 54,030 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jun 5, 2024 | Roberto Kuahara SVP, Operations | 24,662 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.76 per share | 832,589.12 |
| Jun 5, 2024 | Candace Harris-Peterson VP, Human Resources | 23,213 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.76 per share | 783,670.88 |
| Jun 5, 2024 | Candace Harris-Peterson VP, Human Resources | 24,175 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jun 5, 2024 | Kevin J. McGinty Director | 38,109 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $32.84 per share | 1,251,499.56 |
| Jun 4, 2024 | John T. Nesser Director | 57,315 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.75 per share | 1,991,696.25 |
| Jun 4, 2024 | John T. Nesser Director | 57,815 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $33.5 per share | 1,936,802.50 |
| May 17, 2024 | Mark Roberts SVP, Global Engineering | 53,830 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $34.15 per share | 1,838,294.50 |