Thermon Group Holdings Inc (THR) — Tangible Net Worth Ratio
Thermon Group Holdings Inc (THR) has a Tangible Net Worth Ratio of 80.8% as of March 2026. This metric is calculated by deducting intangible assets ($103.66 Million) from net assets ($538.71 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See THR net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Thermon Group Holdings Inc Tangible Net Worth Ratio (2009–2026)
This chart shows how Thermon Group Holdings Inc's Tangible Net Worth Ratio has changed across 18 annual periods from 2009 to 2026. As of March 2026, the ratio stands at 80.8%, reflecting net assets of $538.71 Million with intangible assets of $103.66 Million USD. Also explore how fast is Thermon Group Holdings Inc growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Thermon Group Holdings Inc (2009–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Thermon Group Holdings Inc from 2009 to 2026, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Thermon Group Holdings Inc (THR) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 80.8% | $538.71 Million | $103.66 Million | $830.58 Million | ▲ +4.0 pp |
| 2025 | 76.7% | $495.31 Million | $115.28 Million | $755.45 Million | ▲ +3.5 pp |
| 2024 | 73.2% | $474.89 Million | $127.09 Million | $767.74 Million | ▼ -4.3 pp |
| 2023 | 77.6% | $418.99 Million | $93.97 Million | $649.63 Million | ▲ +1.3 pp |
| 2022 | 76.2% | $399.20 Million | $94.91 Million | $636.67 Million | ▲ +3.6 pp |
| 2021 | 72.6% | $378.87 Million | $103.78 Million | $617.88 Million | ▲ +2.8 pp |
| 2020 | 69.8% | $346.44 Million | $104.55 Million | $620.90 Million | ▲ +6.1 pp |
| 2019 | 63.7% | $348.95 Million | $126.60 Million | $655.76 Million | ▼ -1.7 pp |
| 2018 | 65.4% | $437.48 Million | $151.43 Million | $662.48 Million | ▼ -11.5 pp |
| 2017 | 76.9% | $373.60 Million | $86.18 Million | $454.08 Million | ▲ +6.4 pp |
| 2016 | 70.5% | $302.98 Million | $89.30 Million | $396.59 Million | ▲ +7.6 pp |
| 2015 | 62.9% | $271.77 Million | $100.81 Million | $454.09 Million | ▲ +10.4 pp |
| 2014 | 52.5% | $250.47 Million | $118.92 Million | $442.46 Million | ▲ +10.9 pp |
| 2013 | 41.6% | $226.05 Million | $131.92 Million | $435.36 Million | ▲ +16.9 pp |
| 2012 | 24.8% | $192.48 Million | $144.80 Million | $425.58 Million | ▲ +48.9 pp |
| 2011 | -24.2% | $128.11 Million | $159.06 Million | $450.78 Million | ▼ -33.1 pp |
| 2010 | 9.0% | $55.07 Million | $50.14 Million | $221.12 Million | ▲ +29.8 pp |
| 2009 | -20.8% | $38.21 Million | $46.17 Million | $193.74 Million | — |