Thermon Group Holdings, Inc. Income Statement
THR / Industrials|15 years of annual SEC 10-K data (FY2010-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Thermon Group Holdings, Inc. reported $498M in revenue and $54M in net income for FY2024. Revenue has grown at a 29.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $498.2M | $494.6M | $440.6M | $355.7M | $276.2M | $383.5M | $88.9M | $308.6M | $264.1M | $281.9M | $308.6M | $277.3M | $284.0M | $272.3M | $13.2M |
| Cost of Revenue | $275.3M | $283.1M | $255.5M | $215.6M | $159.3M | $221.8M | $164.8M | $164.8M | $152.2M | $150.6M | $153.9M | $142.2M | $151.2M | $140.2M | $6.6M |
| Gross Profit | $222.9M | $211.6M | $185.1M | $140.1M | $116.9M | $161.6M | $143.8M | $143.8M | $111.9M | $131.3M | $154.7M | $135.2M | $132.8M | $132.1M | $6.6M |
| SG&A Expense | $129.3M | $123.8M | $117.0M | $93.1M | $89.8M | $111.6M | $94.6M | $94.6M | $77.7M | $80.7M | $76.9M | $65.5M | $64.6M | $76.3M | $54.6M |
| R&D Expense | $9.4M | $9.8M | $10.6M | $6.4M | $7.5M | $8.4M | $5.2M | $5.2M | $3.5M | $3.3M | $2.9M | $3.0M | $2.8M | $881.0K | $1.7M |
| Operating Income | $79.8M | $75.4M | $55.2M | $38.4M | $7.4M | $32.7M | $32.7M | $32.7M | $22.4M | $36.8M | $67.1M | $58.6M | $57.0M | $44.5M | $22.8M |
| Interest Expense | - | - | $5.9M | $5.8M | $10.2M | $14.0M | $9.0M | $9.0M | $3.5M | $4.1M | $4.6M | $10.0M | $15.2M | $19.6M | $22.8M |
| Income Tax | $16.6M | $16.1M | $15.6M | $8.3M | -$1.5M | $5.1M | $5.2M | $5.2M | $4.1M | $8.7M | $13.2M | $7.0M | $14.6M | $7.5M | $6.2M |
| Net Income | $53.5M | $51.6M | $33.7M | $20.1M | $877.0K | $11.9M | $3.0M | $13.2M | $15.0M | $23.6M | $49.4M | $25.8M | $27.0M | $12.0M | - |
| EPS (Basic) | $1.59 | $1.53 | $1.01 | $0.60 | $0.03 | $0.36 | $0.37 | $0.37 | $0.45 | $0.72 | $1.54 | $0.82 | $0.88 | $0.41 | -$0.60 |
| EPS (Diluted) | $1.57 | $1.51 | $1.00 | $0.60 | $0.03 | $0.36 | $0.36 | $0.36 | $0.45 | $0.71 | $1.52 | $0.80 | $0.85 | $0.40 | -$5.11 |
| Shares Outstanding | 34.1M | 34.1M | 33.7M | 33.5M | 33.3M | 33.1M | 32.8M | 32.8M | 32.6M | 32.6M | 32.4M | 32.2M | 31.8M | 30.5M | 24.9M |
| Gross Margin | 44.7% | 42.8% | 42.0% | 39.4% | 42.3% | 42.1% | - | 46.6% | 42.4% | 46.6% | 50.1% | 48.7% | 46.8% | 48.5% | 50.2% |
| Operating Margin | 16.0% | 15.2% | 12.5% | 10.8% | 2.7% | 8.5% | 36.8% | 10.6% | 8.5% | 13.0% | 21.7% | 21.1% | 20.1% | 16.3% | - |
| Profit Margin | 10.7% | 10.4% | 7.6% | 5.7% | 0.3% | 3.1% | 3.4% | 4.3% | 5.7% | 8.4% | 16.0% | 9.3% | 9.5% | 4.4% | - |