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Thermon Group Holdings Inc. (THR)
NYSE:THR
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
0.36Last Year’s EPS
0.38Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 22, 2025
|% Change Since: -3.95%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a generally positive outlook with strong organic growth, strategic achievements, and margin expansion, tempered by challenges from tariffs and economic uncertainty. While there are some areas of concern such as large CapEx revenue softness and potential macroeconomic headwinds, the overall momentum and strategic progress provide a balanced view.Company Guidance
During the Thermon Group Holdings' Fourth Quarter Fiscal Year 2025 earnings call, CEO Bruce Thames highlighted significant metrics related to the company's performance and strategic initiatives. The company achieved 3% organic growth in Q4, marking the first positive growth in over a year, driven by increased activity in the LNG market. Thermon's backlog as of March 31st rose by 29% compared to the previous year, with a 20% increase in organic backlog. The EBITDA margin for Q4 was 22.7%, a 423 basis point improvement from the previous year, reflecting operational excellence and a favorable revenue mix. For fiscal 2025, Thermon reported a revenue of $498 million, up by 1% year-over-year despite a 37% decline in large capital projects, and adjusted EBITDA margin increased by 86 basis points to 22%. The company generated $536 million in bookings with a book-to-bill ratio of 1.08, and free cash flow reached $53 million. Thermon also made significant strides with its 3D initiatives—diversification, decarbonization, and digitization—contributing $93 million to revenue. The acquisition of Vapor Power contributed to a 25% increase in the sales pipeline, and the backlog growth was supported by a strong bid pipeline, up 25% from the previous year. The company also returned over $14 million to shareholders via a share repurchase program and made $14.5 million in optional debt repayments, maintaining a net leverage of just under one times.Strong Organic Growth and Bookings Momentum
The company reported 3% organic growth in Q4 2025, the first in over a year, and a 29% increase in backlog from last year. The book-to-bill ratio was 1.08 times for the year, demonstrating favorable trends in end markets.
Operational Excellence and Margin Expansion
EBITDA margin for Q4 2025 was 22.7%, a 423 basis point improvement from last year. Adjusted EBITDA margin for fiscal 2025 was 22%, up 86 basis points from last year.
Successful Strategic Initiatives
The company achieved its goal of 70% revenue from diverse end markets two years early and reported significant advancements in its 3D initiatives, contributing $93 million in revenue.
Share Repurchase and Financial Discipline
Thermon repurchased over $14 million in shares during Q4 and refreshed its share repurchase authorization to $50 million. The company finished fiscal 2025 with a net leverage of just under one times.
Positive Impact of Acquisitions
The acquisition of Vapor Power expanded the addressable market by 25%, and the Fati acquisition doubled its backlog due to strong demand from legacy customers.
THR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
THR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 22, 2025 | $29.12 | $28.87 | -0.86% |
Feb 06, 2025 | $26.95 | $26.52 | -1.60% |
Nov 07, 2024 | $29.44 | $29.03 | -1.39% |
Aug 07, 2024 | $29.18 | $29.15 | -0.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Thermon Group Holdings Inc. (THR) report earnings?
Thermon Group Holdings Inc. (THR) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Thermon Group Holdings Inc. (THR) earnings time?
Thermon Group Holdings Inc. (THR) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is THR EPS forecast?
THR EPS forecast for the fiscal quarter 2026 (Q1) is 0.36.