Company / Return on Equity (ROE)
Thermon Group Holdings, Inc. Return on Equity (ROE) History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
11.3%
FY2024
5-year range
0.3% / 12.3%
FY2020-FY2024
Trend
-8.4%
vs FY2023
Sector context
#179 of 337
Industrials
What the data says
At 11.3%, Thermon Group Holdings, Inc.'s return on equity (roe) ranks #179 of 337 in the Industrials sector. Return on Equity (ROE) has fluctuated over the past 10 years, ranging from 0.3% in FY2020 to 12.3% in FY2023.
Based on SEC 10-K filings.
11.3% in FY2024 with a 5-year CAGR of +7.8%.
Improved from 8.4% to 11.3% over the past 2 years.
Industrials sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- +6.0pp
- 5-Year Change
- +7.8pp
- 10-Year Change
- -
Sector benchmark
#179 of 337 in IndustrialsTop 53% of 337This company 11.3% Sector average 12.1%
▼
-6.7% below sector average
Key checks
Key Insights
- In FY2024, return on equity (roe) decreased 8.4% year-over-year.
- Currently 0.8pp below the Industrials sector average.
- Peak return on equity (roe) was recorded in FY2023.
- Lowest return on equity (roe) in the period was in FY2020.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2024 | 11.3% | -8.4% |
| FY2023 | 12.3% | +46.0% |
| FY2022 | 8.4% | +59.1% |
| FY2021 | 5.3% | +2020.0% |
| FY2020 | 0.3% | -92.7% |
| FY2019 | 3.4% | +284.3% |
| FY2018 | 0.9% | -79.0% |
| FY2017 | 4.2% | -15.7% |
| FY2016 | 5.0% | -42.3% |
| FY2015 | 8.7% | -55.9% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026