Thermon Group Holdings, Inc. (THR) has a MoatMap StockRank of 74/100 based on Quality (66/100), Value (23/100), and Momentum (69/100) factor scores. The current signal is BUY. Thermon is a high-quality, asset-light global leader in industrial process heating. As supply chains regionalize and Western nations invest heavily in domestic LNG, petrochemical, and advanced manufacturing facilities, Thermon's highly specialized heating systems and recurring maintenance revenues experience a powerful structural tailwind. The company boasts high ROIC, strong pricing power, and a massive installed base that acts as a formidable economic moat.
Thermon Group Holdings, Inc. provides highly engineered industrial process heating solutions, specializing in heat tracing systems for the energy, chemical, and power industries. The company's competitive moat is established by its global market leadership and the safety-critical nature of its products, which creates high customer switching costs. It operates as a niche industrial leader with a massive installed base that drives highly recurring maintenance and aftermarket sales.
| Price | $61.14 |
| Market Cap | $2.2B |
| P/E (TTM) | 44.96 |
| P/E (Forward) | 24.59 |
| Price/Book | 3.73 |
| Return on Equity | 8.6% |
| Return on Invested Capital | 12.5% |
| Debt/Equity | 29.31 |
| Gross Margin | 45.3% |
| Operating Margin | 7.3% |
| Revenue Growth | 10.6% |
| Free Cash Flow | $27M |
Thermon Group Holdings, Inc. operates in the Specialty Industrial Machinery industry, part of the Industrials sector (United States).