Thermon Group Holdings Inc
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers heat tracing solutions, including software automated engineering design services, heat tracing products, smart connected control and monitoring systems, construction se… Read more
Market Cap & Net Worth: Thermon Group Holdings Inc (THR)
Thermon Group Holdings Inc (NYSE:THR) has a market capitalization of $1.63 Billion ($1.63 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #5656 globally and #3306 in its home market, demonstrating a 11.17% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Thermon Group Holdings Inc's stock price $49.47 by its total outstanding shares 32848372 (32.85 Million).
Thermon Group Holdings Inc Market Cap History: 2015 to 2026
Thermon Group Holdings Inc's market capitalization history from 2015 to 2026. Data shows growth from $555.79 Million to $1.63 Billion (8.20% CAGR).
Thermon Group Holdings Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Thermon Group Holdings Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.45x
Thermon Group Holdings Inc's market cap is 2.45 times its annual revenue
0.92x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
22.81x
Thermon Group Holdings Inc's market cap is 22.81 times its annual earnings
7.63x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $627.08 Million | $281.93 Million | $23.01 Million | 2.22x | 27.25x |
| 2017 | $777.52 Million | $264.13 Million | $14.64 Million | 2.94x | 53.11x |
| 2018 | $666.16 Million | $308.61 Million | $11.91 Million | 2.16x | 55.93x |
| 2019 | $880.34 Million | $412.64 Million | $22.76 Million | 2.13x | 38.69x |
| 2020 | $513.42 Million | $383.49 Million | $11.94 Million | 1.34x | 43.01x |
| 2021 | $556.12 Million | $276.18 Million | $877.00K | 2.01x | 634.12x |
| 2022 | $659.60 Million | $355.67 Million | $20.09 Million | 1.85x | 32.83x |
| 2023 | $1.07 Billion | $440.59 Million | $33.67 Million | 2.43x | 31.78x |
| 2024 | $945.05 Million | $494.63 Million | $51.59 Million | 1.91x | 18.32x |
| 2025 | $1.22 Billion | $498.21 Million | $53.52 Million | 2.45x | 22.81x |
Competitor Companies of THR by Market Capitalization
Companies near Thermon Group Holdings Inc in the global market cap rankings as of March 18, 2026.
Key companies related to Thermon Group Holdings Inc by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #66 globally with a market cap of $227.10 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $175.49 Billion USD ( €170.96 Billion EUR).
- Siemens AG Class N (PINK:SMAWF): Ranked #113 globally with a market cap of $155.24 Billion USD.
- Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #66 | GE Vernova LLC | NYSE:GEV | $227.10 Billion | $844.05 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $175.49 Billion | €219.15 |
| #113 | Siemens AG Class N | PINK:SMAWF | $155.24 Billion | $199.00 |
| #140 | Eaton Corporation PLC | NYSE:ETN | $133.05 Billion | $363.95 |
Thermon Group Holdings Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Thermon Group Holdings Inc's market cap moved from $555.79 Million to $ 1.63 Billion, with a yearly change of 8.20%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $1.63 Billion | +33.13% |
| 2025 | $1.22 Billion | +29.16% |
| 2024 | $945.05 Million | -11.67% |
| 2023 | $1.07 Billion | +62.20% |
| 2022 | $659.60 Million | +18.61% |
| 2021 | $556.12 Million | +8.32% |
| 2020 | $513.42 Million | -41.68% |
| 2019 | $880.34 Million | +32.15% |
| 2018 | $666.16 Million | -14.32% |
| 2017 | $777.52 Million | +23.99% |
| 2016 | $627.08 Million | +12.83% |
| 2015 | $555.79 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Thermon Group Holdings Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.63 Billion USD |
| MoneyControl | $1.63 Billion USD |
| MarketWatch | $1.63 Billion USD |
| marketcap.company | $1.63 Billion USD |
| Reuters | $1.63 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.