Thermon Group Holdings, Inc.
THRNYSETechnology · Electrical Industrial Apparatus · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|---|
| Revenue | $536.3M | $498.2M | $494.6M | $440.6M | $355.7M | $276.2M |
| Operating income | $70.7M | $79.8M | $75.4M | $55.2M | $38.4M | $7.4M |
| Net income | $44.6M | $53.5M | $51.6M | $33.7M | $20.1M | $877,000 |
| Total assets | $830.6M | $755.5M | $767.7M | $649.6M | $636.7M | $617.9M |
| Total liabilities | $291.9M | $260.1M | $292.9M | $230.6M | $237.5M | $239.0M |
| Equity | $538.7M | $495.3M | $474.9M | $419.0M | $399.2M | $378.9M |
| EPS (diluted) | $1.36 | $1.57 | $1.51 | $1.00 | $0.60 | $0.03 |
| Shares out. | 32.9M | 33.1M | 33.8M | 33.5M | 33.4M | 33.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2026- Operating margin
- 13.2%
- Net margin
- 8.3%
- Return on equity
- 8.3%
- Return on assets
- 5.4%
- Return on capital (ROCE)
- 10.1%
- Liabilities / assets
- 35.1%
- Debt / equity
- 0.54×
- Book value / share
- $16.35
- Revenue growth (YoY)
- 7.6%
- Net income growth (YoY)
- −16.7%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2026- Altman Z″ (distress)
- 5.72safe
- Accruals / assets
- −0.3%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 6 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗May 30, 2019
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Glazer Capital, LlcPassive (13G)May 27, 2026
- Fmr LlcPassive (13G)May 6, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- T. Rowe Price Investment Management, Inc.Passive (13G)Nov 14, 2025
- Van Lanschot Kempen Investment Management N.V.Passive (13G)May 13, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ryan TarkingtonOfficer — SVP, General Counsel | May 12, 2026 | Grant | 5,397 | $0.00 |
| Thames BruceOfficer — President & CEO | May 12, 2026 | Grant | 28,067 | $0.00 |
| Lucas Thomas GregoryOfficer — VP, CAO | May 12, 2026 | Grant | 2,157 | $0.00 |
| Roberto KuaharaOfficer — SVP, Operations | May 12, 2026 | Grant | 5,397 | $0.00 |
| Harris-Peterson CandaceOfficer — SVP, Human Resources | May 12, 2026 | Grant | 3,238 | $0.00 |
| Cerovski Thomas NOfficer — SVP, Global Sales | May 12, 2026 | Grant | 5,397 | $0.00 |
| Buntin DavidOfficer — SVP, Thermon Heat Tracing | May 12, 2026 | Grant | 5,397 | $0.00 |
| Strzelecki AngelaDirector | Apr 1, 2026 | Grant | 531 | $51.78 |
| Richey Victor L JrDirector | Apr 1, 2026 | Grant | 531 | $51.78 |
| George Marcus JDirector | Apr 1, 2026 | Grant | 531 | $51.78 |
| Fix Roger LDirector | Apr 1, 2026 | Grant | 531 | $51.78 |
| Dalgetty LindaDirector | Apr 1, 2026 | Grant | 531 | $51.78 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 664,057 | 1.0 | -30.0% |
| Apr 30, 2026 | 948,082 | 1.8 | +24.9% |
| Apr 15, 2026 | 758,894 | 2.9 | -12.3% |
| Mar 31, 2026 | 865,616 | 1.8 | +3.8% |
| Mar 13, 2026 | 834,302 | 1.2 | +30.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Regulation FD disclosureJun 1, 2026
- Shareholder vote · Regulation FD disclosureMay 28, 2026
- Results of operationsMay 19, 2026
- Regulation FD disclosureApr 20, 2026
- Regulation FD disclosureMar 23, 2026
- Entered a material agreement · Regulation FD disclosureFeb 24, 2026
- Results of operations · Regulation FD disclosureFeb 5, 2026
- Results of operations · Regulation FD disclosureNov 6, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KFORM 8-KJun 1, 2026
- 25-NSEJun 1, 2026
- 8-KFORM 8-KMay 28, 2026
- SCHEDULE 13GMay 27, 2026
- SDMay 26, 2026
- 10-KMay 21, 2026
- 425May 19, 2026
- 425May 19, 2026
- 8-KMay 19, 2026
- 4FORM 4May 15, 2026
- 4FORM 4May 14, 2026
- 4FORM 4May 14, 2026
- 4FORM 4May 14, 2026
- 4FORM 4May 14, 2026
- 4FORM 4May 14, 2026