Company / Total Debt
Thermon Group Holdings, Inc. Total Debt History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$152.0M
FY2024
5-year range
$87.7M / $176.0M
FY2020-FY2024
Trend
+73.2%
vs FY2023
Sector context
#234 of 266
Industrials
What the data says
Thermon Group Holdings, Inc.'s total debt of $152M is lower than 88% of companies in the Industrials sector (FY2024). Total Debt returned to growth in FY2024 after 5 years of decline, reaching $152M.
Based on SEC 10-K filings.
$152M in FY2024 with a 5-year CAGR of -5.9%.
Increased from $129M to $152M over the past 2 years.
Industrials sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- +0.8%
- 5-Year CAGR
- -5.9%
- 10-Year CAGR
- -
Sector benchmark
Top 12% in IndustrialsTop 12% of 266This company $152.0M Sector average $3.2B
▼
-95.3% below sector average
Key checks
Key Insights
- 5-year CAGR of -5.9%, indicating a declining trend.
- In FY2024, total debt increased 73.2% year-over-year.
- Ranks #234 out of 266 companies in the Industrials sector.
- Peak total debt was recorded in FY2018.
Annual data
| Year | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $152.0M | +73.2% |
| FY2023 | $87.7M | -32.0% |
| FY2022 | $129.0M | -13.1% |
| FY2021 | $148.5M | -15.6% |
| FY2020 | $176.0M | -14.8% |
| FY2019 | $206.5M | -8.2% |
| FY2018 | $225.0M | +177.8% |
| FY2017 | $81.0M | -14.3% |
| FY2016 | $94.5M | -12.5% |
| FY2015 | $108.0M | -11.1% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026