Company / Net Income
Thermon Group Holdings, Inc. Net Income History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$53.5M
FY2024
5-year range
$877.0K / $53.5M
FY2020-FY2024
Trend
+3.7%
vs FY2023
Sector context
#234 of 356
Industrials
What the data says
At $54M, Thermon Group Holdings, Inc.'s net income ranks #234 of 356 in the Industrials sector. Net Income has increased for 4 consecutive years, from $877,000 in FY2020 to $54M in FY2024.
Based on SEC 10-K filings.
$54M in FY2024 with a 5-year CAGR of +35.0%.
Improved from $34M to $54M over the past 2 years.
Industrials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +38.6%
- 5-Year CAGR
- +35.0%
- 10-Year CAGR
- -
Sector benchmark
#234 of 356 in IndustrialsTop 66% of 356This company $53.5M Sector average $571.2M
▼
-90.6% below sector average
Key checks
Key Insights
- Thermon Group Holdings, Inc.'s net income has grown for 4 consecutive years.
- 5-year CAGR of +35.0%, indicating consistent growth.
- In FY2024, net income increased 3.7% year-over-year.
- Ranks #234 out of 356 companies in the Industrials sector.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $53.5M | +3.7% |
| FY2023 | $51.6M | +53.2% |
| FY2022 | $33.7M | +67.6% |
| FY2021 | $20.1M | +2191.0% |
| FY2020 | $877.0K | -92.7% |
| FY2019 | $11.9M | +292.4% |
| FY2018 | $3.0M | -77.0% |
| FY2017 | $13.2M | -11.8% |
| FY2016 | $15.0M | -36.6% |
| FY2015 | $23.6M | -52.1% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026