Thermon Group (THR) Revenue & Revenue Breakdown
Thermon Group Revenue Highlights
Latest Revenue (Y)
$494.63M
Latest Revenue (Q)
$127.65M
Main Segment (Y)
United States Segment
Main Geography (Y)
Canada Segment
Thermon Group Revenue by Period
Thermon Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $494.63M | 12.27% |
| 2023-03-31 | $440.59M | 23.87% |
| 2022-03-31 | $355.67M | 28.78% |
| 2021-03-31 | $276.18M | -27.98% |
| 2020-03-31 | $383.49M | -7.07% |
| 2019-03-31 | $412.64M | 33.71% |
| 2018-03-31 | $308.61M | 16.84% |
| 2017-03-31 | $264.13M | -6.31% |
| 2016-03-31 | $281.93M | -8.64% |
| 2015-03-31 | $308.58M | 11.27% |
| 2014-03-31 | $277.32M | -2.36% |
| 2013-03-31 | $284.04M | 5.00% |
| 2012-03-31 | $270.51M | -8.02% |
| 2011-03-31 | $294.11M | 52.62% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $127.65M | -40.75% |
| 2023-12-31 | $215.44M | 74.22% |
| 2023-09-30 | $123.66M | 15.69% |
| 2023-06-30 | $106.89M | -12.73% |
| 2023-03-31 | $122.48M | 0.30% |
| 2022-12-31 | $122.11M | 21.43% |
| 2022-09-30 | $100.56M | 5.36% |
| 2022-06-30 | $95.44M | -6.96% |
| 2022-03-31 | $102.58M | 1.96% |
| 2021-12-31 | $100.61M | 23.72% |
| 2021-09-30 | $81.32M | 14.29% |
| 2021-06-30 | $71.16M | -2.96% |
| 2021-03-31 | $73.32M | -7.89% |
| 2020-12-31 | $79.60M | 19.87% |
| 2020-09-30 | $66.41M | 16.81% |
| 2020-06-30 | $56.85M | -35.67% |
| 2020-03-31 | $88.37M | -12.04% |
| 2019-12-31 | $100.47M | -2.40% |
| 2019-09-30 | $102.94M | 12.24% |
| 2019-06-30 | $91.71M | -19.71% |
| 2019-03-31 | $114.23M | -4.29% |
| 2018-12-31 | $119.36M | 32.39% |
| 2018-09-30 | $90.15M | 1.41% |
| 2018-06-30 | $88.90M | -13.34% |
| 2018-03-31 | $102.58M | 10.71% |
| 2017-12-31 | $92.66M | 50.35% |
| 2017-09-30 | $61.63M | 19.13% |
| 2017-06-30 | $51.74M | -23.45% |
| 2017-03-31 | $67.58M | 5.04% |
| 2016-12-31 | $64.34M | -6.50% |
| 2016-09-30 | $68.81M | 8.54% |
| 2016-06-30 | $63.40M | -12.37% |
| 2016-03-31 | $72.34M | -2.80% |
| 2015-12-31 | $74.43M | 6.42% |
| 2015-09-30 | $69.93M | 7.22% |
| 2015-06-30 | $65.22M | -12.16% |
| 2015-03-31 | $74.26M | -15.25% |
| 2014-12-31 | $87.62M | 10.87% |
| 2014-09-30 | $79.03M | 16.80% |
| 2014-06-30 | $67.67M | 0.28% |
| 2014-03-31 | $67.47M | -5.58% |
| 2013-12-31 | $71.47M | -1.81% |
| 2013-09-30 | $72.78M | 10.95% |
| 2013-06-30 | $65.60M | -9.00% |
| 2013-03-31 | $72.08M | -6.08% |
| 2012-12-31 | $76.75M | 13.94% |
| 2012-09-30 | $67.36M | 0.22% |
| 2012-06-30 | $67.21M | -2.64% |
| 2012-03-31 | $69.04M | 0.29% |
| 2011-12-31 | $68.84M | 1.20% |
| 2011-09-30 | $68.02M | 5.27% |
| 2011-06-30 | $64.62M | -0.50% |
| 2010-12-31 | $64.94M | 2.35% |
| 2010-09-30 | $63.45M | 27.39% |
| 2010-03-31 | $49.81M | - |
Thermon Group generated $127.65M in revenue during Q4 2024, up -40.75% compared to the previous quarter, and up 104.54% compared to the same period a year ago.
Thermon Group Revenue Breakdown
Thermon Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 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%).
Thermon Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 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 | - |
| Europe | - | $43.16M | - | - | - |
| Asia | - | $34.31M | - | - | - |
| 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
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Dec 22 | Sep 22 | Jun 22 | Dec 21 | Sep 21 | Jun 21 | Dec 20 | Sep 20 | Jun 20 | Dec 19 | Sep 19 | Jun 19 | Dec 18 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Segment | $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 | $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 |
| Europe Segment | $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 |
Thermon Group's latest quarterly revenue breakdown by geography, as of Mar 24: Canada Segment (69.64%), Europe Segment (15.85%), and Asia Segment (14.50%).
Thermon Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DCI | Donaldson | $3.43B | $927.90M |
| ITT | ITT | $3.28B | $905.90M |
| IEX | IDEX | $3.27B | $807.20M |
| FELE | Franklin Electric | $2.07B | $543.26M |
| CR | Crane NXT | $1.39B | $581.20M |
| NPO | EnPro Industries | $1.06B | $271.90M |
| KAI | Kadant | $957.67M | $274.76M |
| SXI | Standex | $720.63M | $177.27M |
| GRC | Gorman-Rupp | $659.51M | $169.51M |
| EPAC | Enerpac Tool Group | $598.20M | $150.39M |
| THR | Thermon Group | $494.63M | $127.65M |
| LXFR | Luxfer | $405.00M | $99.70M |
| HURC | Hurco Companies | $227.81M | $45.17M |
| GHM | Graham | $185.53M | $49.07M |
| OFLX | Omega Flex | $111.47M | $24.62M |
| IVAC | Intevac | $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 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). The company'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). THR's quarterly revenue for Q2 2024 was $123.66M, a 15.69% increase from the previous quarter (Q1 2024), and a 22.97% increase year-over-year (Q2 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.