Company / Profit Margin
Thermon Group Holdings, Inc. Profit Margin History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
10.7%
FY2024
5-year range
0.3% / 10.7%
FY2020-FY2024
Trend
+3.0%
vs FY2023
Sector context
#91 of 318
Industrials
What the data says
At 10.7%, Thermon Group Holdings, Inc.'s profit margin ranks #91 of 318 in the Industrials sector. Profit Margin has increased for 4 consecutive years, from 0.3% in FY2020 to 10.7% in FY2024.
Based on SEC 10-K filings.
10.7% in FY2024 with a 5-year CAGR of +7.6%.
Improved from 7.6% to 10.7% over the past 2 years.
Industrials sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- +5.1pp
- 5-Year Change
- +7.6pp
- 10-Year Change
- -
Sector benchmark
#91 of 318 in IndustrialsTop 29% of 318This company 10.7% Sector average -641.5%
▼
+101.7% above sector average
Key checks
Key Insights
- Thermon Group Holdings, Inc.'s profit margin has grown for 4 consecutive years.
- In FY2024, profit margin increased 3.0% year-over-year.
- Currently 652.3pp above the Industrials sector average.
- Lowest profit margin in the period was in FY2020.
Annual data
| Year | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | 10.7% | +3.0% |
| FY2023 | 10.4% | +36.5% |
| FY2022 | 7.6% | +35.2% |
| FY2021 | 5.7% | +1665.6% |
| FY2020 | 0.3% | -89.7% |
| FY2019 | 3.1% | -9.1% |
| FY2018 | 3.4% | -20.1% |
| FY2017 | 4.3% | -24.5% |
| FY2016 | 5.7% | -32.4% |
| FY2015 | 8.4% | -47.6% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026