Company / Return on Assets (ROA)
Thermon Group Holdings, Inc. Return on Assets (ROA) History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Assets (ROA)
7.0%
FY2024
5-year range
0.1% / 7.9%
FY2020-FY2024
Trend
-12.2%
vs FY2023
Sector context
#122 of 356
Industrials
What the data says
At 7.0%, Thermon Group Holdings, Inc.'s return on assets (roa) ranks #122 of 356 in the Industrials sector. Return on Assets (ROA) has fluctuated over the past 10 years, ranging from 0.1% in FY2020 to 7.9% in FY2023.
Based on SEC 10-K filings.
7.0% in FY2024 with a 5-year CAGR of +5.1%.
Improved from 5.3% to 7.0% over the past 2 years.
Industrials sector context is included.
Return on Assets (ROA) over time
Growth rates
- 3-Year Change
- +3.7pp
- 5-Year Change
- +5.1pp
- 10-Year Change
- -
Sector benchmark
#122 of 356 in IndustrialsTop 34% of 356This company 7.0% Sector average 2.7%
▼
+157.6% above sector average
Key checks
Key Insights
- In FY2024, return on assets (roa) decreased 12.2% year-over-year.
- Currently 4.3pp above the Industrials sector average.
- Peak return on assets (roa) was recorded in FY2023.
- Lowest return on assets (roa) in the period was in FY2020.
Annual data
| Year | Return on Assets (ROA)Value | YoY GrowthYoY |
|---|---|---|
| FY2024 | 7.0% | -12.2% |
| FY2023 | 7.9% | +50.1% |
| FY2022 | 5.3% | +62.8% |
| FY2021 | 3.3% | +2221.4% |
| FY2020 | 0.1% | -92.3% |
| FY2019 | 1.8% | +295.7% |
| FY2018 | 0.5% | -84.2% |
| FY2017 | 2.9% | -9.1% |
| FY2016 | 3.2% | -39.2% |
| FY2015 | 5.3% | -52.9% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026