Company / Working Capital
Thermon Group Holdings, Inc. Working Capital History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$165.3M
FY2024
5-year range
$140.9M / $165.3M
FY2020-FY2024
Trend
+17.4%
vs FY2023
Sector context
#257 of 349
Industrials
What the data says
At $165M, Thermon Group Holdings, Inc.'s working capital ranks #257 of 349 in the Industrials sector. Working Capital has fluctuated over the past 10 years, ranging from $141M in FY2023 to $166M in FY2019.
Based on SEC 10-K filings.
$165M in FY2024 with a 5-year CAGR of -0.1%.
Remained stable around $165M over the past 2 years.
Industrials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +2.4%
- 5-Year CAGR
- -0.1%
- 10-Year CAGR
- -
Sector benchmark
#257 of 349 in IndustrialsTop 74% of 349This company $165.3M Sector average $695.2M
▼
-76.2% below sector average
Key checks
Key Insights
- 5-year CAGR of -0.1%, indicating a declining trend.
- In FY2024, working capital increased 17.4% year-over-year.
- Ranks #257 out of 349 companies in the Industrials sector.
- Peak working capital was recorded in FY2019.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $165.3M | +17.4% |
| FY2023 | $140.9M | -13.8% |
| FY2022 | $163.4M | +6.1% |
| FY2021 | $154.0M | -2.1% |
| FY2020 | $157.3M | -5.5% |
| FY2019 | $166.5M | +5.5% |
| FY2018 | $157.8M | +8.2% |
| FY2017 | $145.9M | +3.4% |
| FY2016 | $141.1M | -8.4% |
| FY2015 | $154.0M | +16.6% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026