Thermon Group Holdings Inc (NYSE:THR) — Market Cap & Net Worth

$1.70 Billion USD  · Rank #6871

Market Cap & Net Worth: Thermon Group Holdings Inc (THR)

Thermon Group Holdings Inc (NYSE:THR) has a market capitalization of $1.70 Billion ($1.70 Billion) as of May 4, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #6871 globally and #2016 in its home market, demonstrating a 11.93% 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 $60.52 by its total outstanding shares 32848372 (32.85 Million). Analyse how efficiently does Thermon Group Holdings Inc generate cash to see how efficiently the company converts income to cash.

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 $1.99 Billion (10.19% 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

Industry average: 1.86x Higher than industry average

Latest Price to Earnings (P/E) Ratio

22.81x

Thermon Group Holdings Inc's market cap is 22.81 times its annual earnings

Industry average: 14.90x Higher than industry average

What 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 May 4, 2026.

Key companies related to Thermon Group Holdings Inc by market ranking:

  • GE Vernova LLC (NYSE:GEV): Ranked #82 globally with a market cap of $229.98 Billion USD.
  • Siemens Aktiengesellschaft (XETRA:SIE): Ranked #113 globally with a market cap of $184.02 Billion USD ( €157.40 Billion EUR).
  • SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #119 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
  • Schneider Electric S.E. (PA:SU): Ranked #156 globally with a market cap of $143.23 Billion USD ( €122.51 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#82 GE Vernova LLC NYSE:GEV $229.98 Billion $1062.95
#113 Siemens Aktiengesellschaft XETRA:SIE $184.02 Billion €252.55
#119 SIEMENS AG SP. ADR 1/ 1/2 F:SIEB $177.31 Billion €119.00
#156 Schneider Electric S.E. PA:SU $143.23 Billion €268.60

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 $ 1.99 Billion, with a yearly change of 10.19%.

Year Market Cap Change (%)
2026 $1.99 Billion +62.86%
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 May 4th, 2026 the market cap of Thermon Group Holdings Inc was reported to be:

Source Market Cap
Yahoo Finance $1.70 Billion USD
MoneyControl $1.70 Billion USD
MarketWatch $1.70 Billion USD
marketcap.company $1.70 Billion USD
Reuters $1.70 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Thermon Group Holdings Inc

NYSE:THR USA Specialty Industrial Machinery
Market Cap
$1.99 Billion
Market Cap Rank
#6871 Global
#2016 in USA
Share Price
$60.52
Change (1 day)
+0.05%
52-Week Range
$24.10 - $60.52
All Time High
$60.52
About

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