Thermon Group Holdings Inc (THR)

Industrials | Industrial Machinery
Income Statement (Quarterly) 2025-06-30 2024-12-31 2024-09-30 2024-06-30
Revenue 108,898,000 134,353,000 178,384,000 115,126,000
Cost of Revenue 60,853,000 72,232,000 127,472,000 68,091,000
Gross Profit 48,045,000 62,121,000 50,912,000 47,035,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 32,830,000 34,001,000 31,693,000 30,941,000
Operating Expenses 36,319,000 34,435,000 35,709,000 30,941,000
Operating Income 11,726,000 27,686,000 15,203,000 16,094,000
Interest Expense 1,961,000 2,535,000 2,790,000 2,847,000
Income Before Tax 11,007,000 25,025,000 12,976,000 11,031,000
Income Tax Expense 2,426,000 6,486,000 3,482,000 2,520,000
Net Income 8,581,000 18,539,000 9,494,000 8,511,000
Per Share
EPS 0.26 0.55 0.28 0.25
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenue 498,207,000 494,629,000 440,590,000 355,674,000 276,181,000
Cost of Revenue 275,311,000 283,065,000 255,465,000 215,556,000 158,938,000
Gross Profit 222,896,000 211,564,000 185,125,000 140,118,000 117,243,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 129,759,000 123,761,000 116,795,000 93,337,000 89,763,000
Operating Expenses 143,139,000 136,193,000 126,242,000 102,127,000 99,208,000
Operating Income 79,757,000 75,371,000 55,190,000 38,405,000 7,777,000
Interest Expense 10,325,000 8,845,000 5,871,000 5,815,000 10,261,000
Income Before Tax 70,119,000 67,674,000 49,233,000 28,425,000 -273,000
Income Tax Expense 16,604,000 16,086,000 15,567,000 8,333,000 -1,438,000
Net Income 53,515,000 51,588,000 33,666,000 20,092,000 1,165,000
Per Share
EPS 1.59 1.53 1.01 0.60 0.04
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets
Cash and Cash Equivalents 39,537,000 48,631,000 35,635,000 41,445,000
Short Term Investments 0 0 0 0
Net Receivables 129,249,000 125,638,000 117,037,000 119,557,000
Inventory 88,980,000 86,321,000 82,132,000 71,650,000
Total Current Assets 274,292,000 274,600,000 250,942,000 244,438,000
Property Plant Equipment 84,016,000 81,948,000 76,858,000 76,573,000
Goodwill and Intangibles 379,614,000 397,878,000 313,582,000 307,662,000
Total Assets 755,452,000 767,740,000 649,629,000 636,669,000
Liabilities
Account Payables 31,185,000 31,396,000 27,330,000 33,567,000
Short Term Debt 22,023,000 22,898,000 28,086,000 11,553,000
Total Current Liabilities 112,663,000 109,269,000 110,072,000 80,998,000
Long Term Debt 129,665,000 164,592,000 100,189,000 130,090,000
Total Liabilities 260,137,000 292,853,000 230,641,000 237,465,000
Shareholders Equity
Retained Earnings 342,298,000 288,783,000 237,195,000 203,528,000
Total Shareholders Equity 495,315,000 474,887,000 418,988,000 399,204,000
Balance Sheet (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Assets
Cash and Cash Equivalents 39,537,000 48,631,000 35,635,000 41,445,000 40,124,000
Short Term Investments 0 0 0 0 0
Net Receivables 129,249,000 125,638,000 117,037,000 119,557,000 94,111,000
Inventory 88,980,000 86,321,000 82,132,000 71,650,000 63,790,000
Total Current Assets 274,292,000 274,600,000 250,942,000 244,438,000 206,809,000
Property Plant Equipment 84,016,000 81,948,000 76,858,000 76,573,000 85,249,000
Goodwill and Intangibles 379,614,000 397,878,000 313,582,000 307,662,000 316,822,000
Total Assets 755,452,000 767,740,000 649,629,000 636,669,000 617,878,000
Liabilities
Account Payables 31,185,000 31,396,000 27,330,000 33,567,000 19,722,000
Short Term Debt 22,023,000 22,898,000 28,086,000 11,553,000 6,011,000
Total Current Liabilities 112,663,000 109,269,000 110,072,000 80,998,000 52,428,000
Long Term Debt 129,665,000 164,592,000 100,189,000 130,090,000 155,390,000
Total Liabilities 260,137,000 292,853,000 230,641,000 237,465,000 238,717,000
Shareholders Equity
Retained Earnings 342,298,000 288,783,000 237,195,000 203,528,000 183,725,000
Total Shareholders Equity 495,315,000 474,887,000 418,988,000 399,204,000 379,161,000
Cash Flow Statement (Quarterly) 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Activities
Net Income 53,515,000 51,588,000 33,666,000 20,092,000
Depreciation & Amortization 22,339,000 18,837,000 19,231,000 20,205,000
Stock Based Compensation 5,244,000 5,754,000 5,954,000 3,803,000
Change in Working Capital -16,375,000 -7,934,000 3,688,000 -16,225,000
Operating Cash Flow 63,118,000 65,955,000 57,714,000 28,754,000
Investing Activities
Capital Expenditure -10,249,000 -11,016,000 -9,453,000 -5,220,000
Investments -10,249,000 -11,016,000 -9,453,000 -5,220,000
Investing Cash Flow -14,970,000 -109,522,000 -44,555,000 -4,531,000
Financing Activities
Debt Repayment -33,683,000 59,600,000 -47,322,000 -179,069,000
Common Stock Issued/Repurchased -23,368,000 -2,308,000 -643,000 -576,000
Dividends Paid 0 0 0 -97,000
Financing Cash Flow -56,419,000 56,533,000 -13,465,000 -22,658,000
Summary
Free Cash Flow 52,869,000 54,939,000 48,261,000 23,534,000
Net Change in Cash -9,009,000 11,911,000 -5,411,000 1,481,000
Cash Flow Statement (Annual) 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Activities
Net Income 53,515,000 51,588,000 33,666,000 20,092,000 1,165,000
Depreciation & Amortization 22,339,000 18,837,000 19,231,000 20,205,000 20,722,000
Stock Based Compensation 5,244,000 5,754,000 5,954,000 3,803,000 3,728,000
Change in Working Capital -16,375,000 -7,934,000 3,688,000 -16,225,000 4,462,000
Operating Cash Flow 63,118,000 65,955,000 57,714,000 28,754,000 30,289,000
Investing Activities
Capital Expenditure -10,249,000 -11,016,000 -9,453,000 -5,220,000 -8,132,000
Investments -10,249,000 -11,016,000 -9,453,000 -5,220,000 -8,132,000
Investing Cash Flow -14,970,000 -109,522,000 -44,555,000 -4,531,000 -7,832,000
Financing Activities
Debt Repayment -33,683,000 59,600,000 -47,322,000 -179,069,000 -65,239,000
Common Stock Issued/Repurchased -23,368,000 -2,308,000 -643,000 -576,000 0
Dividends Paid 0 0 0 -97,000 0
Financing Cash Flow -56,419,000 56,533,000 -13,465,000 -22,658,000 -28,205,000
Summary
Free Cash Flow 52,869,000 54,939,000 48,261,000 23,534,000 22,157,000
Net Change in Cash -9,009,000 11,911,000 -5,411,000 1,481,000 -3,556,000