THR
Price:
$61.14
Market Cap:
$2.01B
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 services, and maintenance services; tubing bundle solutions comprising bundle design services, heated, and insulated sample lines; temporary power systems; heated blankets; and electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, i...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2011-05-05
Stock Exchange
NYSE
Ticker
THR
According to Thermon Group Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.69. This represents a change of -0.68% compared to the average of 2.71 of the last 4 quarters.
The mean historical Current Ratio of Thermon Group Holdings, Inc. over the last ten years is 3.10. The current 2.69 Current Ratio has changed 8.57% with respect to the historical average. Over the past ten years (40 quarters), THR's Current Ratio was at its highest in in the December 2020 quarter at 4.26. The Current Ratio was at its lowest in in the December 2017 quarter at 0.99.
Average
3.10
Median
3.15
Minimum
2.28
Maximum
3.92
Discovering the peaks and valleys of Thermon Group Holdings, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 10.49%
Maximum Annual Current Ratio = 3.92
Minimum Annual Increase = -24.46%
Minimum Annual Current Ratio = 2.28
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 2.69 | 10.49% |
| 2025 | 2.43 | -3.12% |
| 2024 | 2.51 | 10.23% |
| 2023 | 2.28 | -24.46% |
| 2022 | 3.02 | -22.96% |
| 2021 | 3.92 | 8.98% |
| 2020 | 3.59 | 9.51% |
| 2019 | 3.28 | -6.99% |
| 2018 | 3.53 | -6.83% |
| 2017 | 3.79 | 9.16% |
The current Current Ratio of Thermon Group Holdings, Inc. (THR) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.55
5-year avg
2.59
10-year avg
3.10
Thermon Group Holdings, Inc.’s Current Ratio is less than Ballard Power Systems Inc. (11.19), less than The Gorman-Rupp Company (2.81), greater than Astec Industries, Inc. (2.52), greater than Global Industrial Co (2.24), greater than SFL Corporation Ltd (0.32), greater than Global Ship Lease, Inc. (2.26), greater than Barrett Business Services, Inc. (1.16), less than Serve Robotics Inc. (10.19), greater than Enviri Corporation (1.54), less than Preformed Line Products Company (2.99),
| Company | Current Ratio | Market cap |
|---|---|---|
| 11.19 | $795.90M | |
| 2.81 | $2.25B | |
| 2.52 | $1.04B | |
| 2.24 | $1.48B | |
| 0.32 | $1.58B | |
| 2.26 | $1.53B | |
| 1.16 | $985.09M | |
| 10.19 | $428.41M | |
| 1.54 | $1.90B | |
| 2.99 | $2.30B |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Thermon Group Holdings, Inc. (THR)?
What is the 5-year average Current Ratio for Thermon Group Holdings, Inc. (THR)?
How does the current Current Ratio for Thermon Group Holdings, Inc. (THR) compare to its historical average?