Thermon Group (THR) Revenue & Revenue Breakdown


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Thermon Group Revenue Highlights


Latest Revenue (Y)

$494.63M

Latest Revenue (Q)

$115.13M

Main Segment (Y)

United States Segment

Main Geography (Y)

Canada Segment

Thermon Group Revenue by Period


Thermon Group Revenue by Year

DateRevenueChange
2024-03-31$494.63M12.27%
2023-03-31$440.59M23.87%
2022-03-31$355.67M28.78%
2021-03-31$276.18M-27.98%
2020-03-31$383.49M-7.07%
2019-03-31$412.64M33.71%
2018-03-31$308.61M16.84%
2017-03-31$264.13M-6.31%
2016-03-31$281.93M-8.64%
2015-03-31$308.58M11.27%
2014-03-31$277.32M-2.36%
2013-03-31$284.04M5.00%
2012-03-31$270.51M-8.02%
2011-03-31$294.11M52.62%
2010-03-31$192.71M-4.95%
2009-03-31$202.75M-

Thermon Group generated $494.63M in revenue during NA 2024, up 12.27% compared to the previous quarter, and up 119.87% compared to the same period a year ago.

Thermon Group Revenue by Quarter

DateRevenueChange
2024-06-30$115.13M-9.81%
2024-03-31$127.65M-40.75%
2023-12-31$215.44M74.22%
2023-09-30$123.66M15.69%
2023-06-30$106.89M-12.73%
2023-03-31$122.48M0.30%
2022-12-31$122.11M21.43%
2022-09-30$100.56M5.36%
2022-06-30$95.44M-6.96%
2022-03-31$102.58M1.96%
2021-12-31$100.61M23.72%
2021-09-30$81.32M14.29%
2021-06-30$71.16M-2.96%
2021-03-31$73.32M-7.89%
2020-12-31$79.60M19.87%
2020-09-30$66.41M16.81%
2020-06-30$56.85M-35.67%
2020-03-31$88.37M-12.04%
2019-12-31$100.47M-2.40%
2019-09-30$102.94M12.24%
2019-06-30$91.71M-19.71%
2019-03-31$114.23M-4.29%
2018-12-31$119.36M32.39%
2018-09-30$90.15M1.41%
2018-06-30$88.90M-13.34%
2018-03-31$102.58M10.71%
2017-12-31$92.66M50.35%
2017-09-30$61.63M19.13%
2017-06-30$51.74M-23.45%
2017-03-31$67.58M5.04%
2016-12-31$64.34M-6.50%
2016-09-30$68.81M8.54%
2016-06-30$63.40M-12.37%
2016-03-31$72.34M-2.80%
2015-12-31$74.43M6.42%
2015-09-30$69.93M7.22%
2015-06-30$65.22M-12.16%
2015-03-31$74.26M-15.25%
2014-12-31$87.62M10.87%
2014-09-30$79.03M16.80%
2014-06-30$67.67M0.28%
2014-03-31$67.47M-5.58%
2013-12-31$71.47M-1.81%
2013-09-30$72.78M10.95%
2013-06-30$65.60M-9.00%
2013-03-31$72.08M-6.08%
2012-12-31$76.75M13.94%
2012-09-30$67.36M0.22%
2012-06-30$67.21M-2.64%
2012-03-31$69.04M0.29%
2011-12-31$68.84M1.20%
2011-09-30$68.02M5.27%
2011-06-30$64.62M-0.50%
2010-12-31$64.94M2.35%
2010-09-30$63.45M27.39%
2010-03-31$49.81M-

Thermon Group generated $115.13M in revenue during Q1 2025, up -9.81% compared to the previous quarter, and up 93.99% compared to the same period a year ago.

Thermon Group Revenue Breakdown


Thermon Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceMar 24Mar 23Mar 22Mar 21Mar 20
United States Segment$256.29M$251.81M$154.19M$95.44M$155.47M

Thermon Group's latest annual revenue breakdown by segment (product or service), as of Mar 24: United States Segment (100.00%).

Quarterly Revenue by Product

Product/ServiceSep 24
United States Segment$118.85M

Thermon Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: United States Segment (100.00%).

Thermon Group Revenue Breakdown by Country

Annual Revenue by Country

CountryMar 24Mar 23Mar 22Mar 21Mar 20
Asia Segment$37.72M$31.31M$35.67M$45.90M-
Europe Segment$45.30M$54.74M$54.22M$53.76M-
Canada Segment$155.32M$115.44M$90.85M$128.36M-
Asia-$34.31M---
Europe-$43.16M---
United States Segment--$154.19M--

Thermon Group's latest annual revenue breakdown by geography, as of Mar 24: Canada Segment (65.17%), Europe Segment (19.01%), and Asia Segment (15.82%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Sep 23Jun 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21Dec 20Sep 20Jun 20Dec 19Sep 19Jun 19Dec 18Sep 18Jun 18
Europe Segment$9.03M$9.73M$12.48M$13.41M$9.68M$11.22M$9.54M$10.04M$12.94M$16.50M$14.93M$17.14M$12.33M$9.47M$13.34M$15.69M$13.34M$22.46M$15.56M$20.80M
Asia Segment$9.88M$8.90M$10.12M$10.31M$8.39M$7.96M$8.80M$7.62M$6.79M$9.44M$8.13M$7.75M$10.98M$9.43M$13.77M$12.47M$10.69M$12.38M$10.97M$7.84M
Canada Segment$36.87M$42.73M$41.11M$36.15M$35.32M$43.17M$34.78M$32.20M$31.05M$24.94M$25.43M$24.99M$19.22M$19.31M$34.53M$30.95M$27.25M$33.47M$30.97M$28.63M

Thermon Group's latest quarterly revenue breakdown by geography, as of Sep 24: Canada Segment (66.10%), Asia Segment (17.72%), and Europe Segment (16.18%).

Thermon Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
DCIDonaldson Company$3.59B$927.90M
ITTITT$3.28B$885.20M
IEXIDEX$3.27B$798.20M
FELEFranklin Electric$2.07B$531.44M
CRCrane NXT$1.39B$597.20M
NPOEnPro Industries$1.06B$260.90M
KAIKadant$957.67M$271.61M
SXIStandex$720.63M$170.46M
GRCGorman-Rupp Company$659.51M$168.18M
EPACEnerpac Tool Group$589.51M$150.39M
THRThermon Group$494.63M$115.13M
LXFRLuxfer$405.00M$99.40M
HURCHurco Companies$227.81M$42.65M
GHMGraham$185.53M$53.56M
OFLXOmega Flex$111.47M$24.88M
IVACIntevac$52.66M$14.53M

THR Revenue FAQ


What is Thermon Group’s yearly revenue?

Thermon Group's yearly revenue for 2024 was $494.63M, representing an increase of 12.27% compared to 2023. The company's yearly revenue for 2023 was $440.59M, representing an increase of 23.87% compared to 2022. THR's yearly revenue for 2022 was $355.67M, representing an increase of 28.78% compared to 2021.

What is Thermon Group’s quarterly revenue?

Thermon Group's quarterly revenue for Q1 2025 was $115.13M, a -9.81% decrease from the previous quarter (Q4 2024), and a 7.71% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $127.65M, a -40.75% decrease from the previous quarter (Q3 2024), and a 4.22% increase year-over-year (Q4 2023). THR's quarterly revenue for Q3 2024 was $215.44M, a 74.22% increase from the previous quarter (Q2 2024), and a 76.43% increase year-over-year (Q3 2023).

What is Thermon Group’s revenue growth rate?

Thermon Group's revenue growth rate for the last 3 years (2022-2024) was 39.07%, and for the last 5 years (2020-2024) was 28.98%.

What are Thermon Group’s revenue streams?

Thermon Group's revenue streams in r 24 are United States Segment

What is Thermon Group’s main source of revenue?

For the fiscal year ending Mar 24, the largest source of revenue of Thermon Group was United States Segment. This segment made a revenue of $256.29M, representing 100.00% of the company's total revenue.