Inferra AI / Company / THR
Thermon Group Holdings, Inc.
THR · Industrials
Last earnings May 19, 2026
Key results
Revenuefull-year
$134.1 million
Revenue of $134.1 million, an increase of 5%
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Net incomefull-year
$17.0 million
Net income of $17.0 million, an increase of 68%, $0.50 EPS Adjusted Net Income (non-GAAP) of $18.9 million, an increase of 62%, $0.56 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $30.5 million, an increase of 29% Adjusted EBITDA margin (non-GAAP) of 22.7% New orders of $138.8 million
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Adjusted net incomefull-year
$18.9 million
Net income of $17.0 million, an increase of 68%, $0.50 EPS Adjusted Net Income (non-GAAP) of $18.9 million, an increase of 62%, $0.56 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $30.5 million, an increase of 29% Adjusted EBITDA margin (non-GAAP) of 22.7% New orders of $138.8 million
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Revenue of $498.2 million, an increase of 1%
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Net income of $53.5 million, an increase of 4%, $1.57 EPS Adjusted Net Income (non-GAAP) of $63.8 million, an increase of 3%, $1.87 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $109.2 million, an increase of 5% Adjusted EBITDA margin (non-GAAP) of 21.9% New orders of $535.7 million
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Revenuequarter
$134.1 million
FOURTH QUARTER FISCAL 2025 PERFORMANCE Fourth quarter revenue was $134.1 million, an increase of 5% compared to same period last year, driven by continued momentum in OPEX revenues and contribution from F.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
, fourth quarter organic revenue increased 3%.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Gross profit was $59.4 million during the fourth quarter of fiscal 2025, an increase of 13% compared to the fourth quarter of last year resulting from organic revenue growth, more favorable revenue mix, and the contribution from F.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Gross marginquarter
44.3%
Gross margin was 44.3% during the fourth quarter, up from 41.0% last year owing to a more favorable revenue mix, pricing, and productivity enhancements.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
AI analysis
Q4 FY2025 · reported May 22, 2025
Based on: Earnings release + parent 8-K + 10-K — transcript not held
The quarter in charts
GAAP gross margin
Percent of revenue, as stated
EX-99 · May 22, 2025 Margin values as stated in the release.
Headline figures
| Metric | Q4 FY2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $134.1 million | — | — |
| Gross margin | 44.3% | — | 41.0% |
Guidance · company-stated
“$ 498.2 $495”
“(non-GAAP) $ 109.2 $104”
“$ 1.57 $1.35”
“(non-GAAP) $ 1.87 $1.77”
Guidance stated in the release's Business Outlook table for fiscal 2026; no direction stated — figures as stated in the table.
Margin
Capital allocation
This marks our fourth consecutive quarter with a positive book-to-bill ratio driven by ongoing strength in diversified end markets and by recent momentum in large capex project awards.
, and the return of capital through our authorized $50 million share repurchase program, while still maintaining a leverage profile well below our 1.5-2.0x targeted range, stated Jan Schott, Senior Vice President and CFO of Thermon.
Event summary
THERMON REPORTS FOURTH QUARTER AND FULL-YEAR FISCAL 2025 RESULTS AUSTIN, TX ACCESSWIRE
Based on: Earnings release + parent 8-K + 10-K — transcript not held
Guidance & outlook
Revenue: “Revenue $ 498.2 $495”
Adjusted EBITDA: “Adjusted EBITDA (non-GAAP) $ 109.2 $104”
GAAP EPS: “GAAP EPS $ 1.57 $1.35”
Adjusted EPS: “Adjusted EPS (non-GAAP) $ 1.87 $1.77”
Revenue (“fiscal 2026”)
“Revenue $ 498.2 $495”
Adjusted EBITDA (“fiscal 2026”)
“Adjusted EBITDA (non-GAAP) $ 109.2 $104”
GAAP EPS (“fiscal 2026”)
“GAAP EPS $ 1.57 $1.35”
Adjusted EPS (“fiscal 2026”)
“Adjusted EPS (non-GAAP) $ 1.87 $1.77”
Guidance stated in the release's Business Outlook table for fiscal 2026; no direction stated — figures as stated in the table.
Capital allocation
This marks our fourth consecutive quarter with a positive book-to-bill ratio driven by ongoing strength in diversified end markets and by recent momentum in large capex project awards.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
, and the return of capital through our authorized $50 million share repurchase program, while still maintaining a leverage profile well below our 1.5-2.0x targeted range, stated Jan Schott, Senior Vice President and CFO of Thermon.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
We invested $14 million in our share repurchase program during the fourth quarter, bringing the total amount repurchased during the year to $20 million.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
In support of our 1 strategy, our Board of Directors increased our remaining share repurchase authorization back to $50 million.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
As a result of our strong free cash flow generation, we were also able to repay $15 million in net debt during the quarter, resulting in a quarter end net leverage ratio of 0.9x, down from 1.2x at the end of the prior year.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Balance Sheet, Liquidity and Cash Flow As of March 31, 2025, total debt was $138.9 million, cash and cash equivalents were $39.5 million, resulting in net debt of $99.4 million, down from $114.7 million on December 31, 2024.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Strategy & priorities
acquisitions, advanced our strategic priorities despite a challenging market environment, and concluded the year with strong fourth quarter results.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Our unwavering focus on our strategic pillars and value creation framework was paramount during fiscal 2025, enabling us to navigate uneven market conditions while achieving strong performance, noted Thames.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Throughout the year, we enhanced revenue stability via our loyal installed customer base and diversified end-market strategy.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
We improved margins through operational efficiencies and disciplined cost management, and introduced new products to support our decarbonization and digitization strategies.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
As we enter fiscal 2026, our strategic priorities include continuing our Decarbonization, Digitization and Diversification growth strategy, expanding into emerging markets such as data centers and nuclear, and maintaining prudent capital allocation.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Risks & headwinds
That said, the broader macro backdrop and volatile trade environment create some uncertainty as we look forward.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Our manufacturing footprint and diversified supply chain position us to manage through these challenges, as we have successfully done in the past.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
However, predicting the outcome of the tariff and trade situation and the potential impact on input costs and demand is challenging.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Given the heightened level of macroeconomic uncertainty, our guidance is based on a broad range of potential outcomes, with the mid-point of our guidance assuming the current tariff levels remain in place, resulting in margin headwinds in the first half and slowing growth in the back half of the year.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Therefore, because of the uncertainty and variability of the nature of and the 4 amount of any potential applicable future adjustments, which could be significant, we are unable to provide a reconciliation for projected fiscal 2026 Adjusted EBITDA and Adjusted EPS without unreasonable effort.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
In addition, our business and operations involve numerous risks and uncertainties, many of which are beyond our control, which could result in our expectations not being realized or otherwise materially affect our financial condition, results of operations and cash flows.
SEC original ↗Thermon Group Holdings, Inc. — Earnings release (8-K exhibit)EX-99May 22, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documentsEarnings releases
14 documentsPresentations
0 documentsNo presentations for Thermon Group Holdings, Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Thermon Group Holdings, Inc. are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Thermon Group Holdings, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
Ceco Environmental Corp (CECO)
“Quarter (1) First quarter as a combined company following the June 1, 2026 acquisition of Thermon • Orders of $798.5 million, up 191 percent; backlog of $1,819.1 million, up 164 percent … … $ (35,166 ) $ 45,494 (Loss) earnings per ”
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