Thermon Group Holdings Past Earnings Performance
Past criteria checks 5/6
Thermon Group Holdings has been growing earnings at an average annual rate of 25.7%, while the Electrical industry saw earnings growing at 38.6% annually. Revenues have been growing at an average rate of 3.2% per year. Thermon Group Holdings's return on equity is 10.5%, and it has net margins of 10.1%.
Key information
25.7%
Earnings growth rate
24.7%
EPS growth rate
| Electrical Industry Growth | 30.3% |
| Revenue growth rate | 3.2% |
| Return on equity | 10.5% |
| Net Margin | 10.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Thermon Group Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 489 | 49 | 121 | 0 |
| 30 Sep 23 | 475 | 42 | 120 | 0 |
| 30 Jun 23 | 452 | 38 | 117 | 0 |
| 31 Mar 23 | 441 | 34 | 112 | 0 |
| 31 Dec 22 | 421 | 35 | 108 | 0 |
| 30 Sep 22 | 399 | 37 | 100 | 0 |
| 30 Jun 22 | 380 | 27 | 96 | 0 |
| 31 Mar 22 | 356 | 20 | 94 | 0 |
| 31 Dec 21 | 326 | 10 | 92 | 0 |
| 30 Sep 21 | 305 | 5 | 92 | 0 |
| 30 Jun 21 | 290 | 7 | 90 | 0 |
| 31 Mar 21 | 276 | 1 | 94 | 0 |
| 31 Dec 20 | 291 | -1 | 98 | 0 |
| 30 Sep 20 | 312 | -1 | 102 | 0 |
| 30 Jun 20 | 349 | 4 | 108 | 0 |
| 31 Mar 20 | 383 | 12 | 111 | 0 |
| 31 Dec 19 | 409 | 22 | 109 | 0 |
| 30 Sep 19 | 428 | 25 | 111 | 0 |
| 30 Jun 19 | 415 | 21 | 109 | 0 |
| 31 Mar 19 | 413 | 23 | 107 | 0 |
| 31 Dec 18 | 401 | 22 | 107 | 0 |
| 30 Sep 18 | 374 | 13 | 103 | 0 |
| 30 Jun 18 | 346 | 14 | 97 | 0 |
| 31 Mar 18 | 309 | 12 | 95 | 0 |
| 31 Dec 17 | 274 | 9 | 83 | 0 |
| 30 Sep 17 | 245 | 14 | 78 | 0 |
| 30 Jun 17 | 252 | 13 | 78 | 0 |
| 31 Mar 17 | 264 | 15 | 78 | 0 |
| 31 Dec 16 | 269 | 15 | 77 | 0 |
| 30 Sep 16 | 279 | 18 | 78 | 0 |
| 30 Jun 16 | 280 | 21 | 75 | 0 |
| 31 Mar 16 | 282 | 23 | 74 | 0 |
| 31 Dec 15 | 284 | 30 | 74 | 0 |
| 30 Sep 15 | 297 | 37 | 75 | 0 |
| 30 Jun 15 | 306 | 42 | 77 | 0 |
| 31 Mar 15 | 309 | 49 | 77 | 0 |
| 31 Dec 14 | 302 | 48 | 74 | 0 |
| 30 Sep 14 | 286 | 45 | 70 | 0 |
| 30 Jun 14 | 279 | 44 | 68 | 0 |
| 31 Mar 14 | 277 | 26 | 65 | 0 |
| 31 Dec 13 | 282 | 22 | 67 | 0 |
| 30 Sep 13 | 287 | 17 | 68 | 0 |
| 30 Jun 13 | 282 | 13 | 65 | 0 |
Quality Earnings: 8TG has high quality earnings.
Growing Profit Margin: 8TG's current net profit margins (10.1%) are higher than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8TG's earnings have grown significantly by 25.7% per year over the past 5 years.
Accelerating Growth: 8TG's earnings growth over the past year (42%) exceeds its 5-year average (25.7% per year).
Earnings vs Industry: 8TG earnings growth over the past year (42%) exceeded the Electrical industry 16.7%.
Return on Equity
High ROE: 8TG's Return on Equity (10.5%) is considered low.