# THERMON GROUP HOLDINGS, INC. · Edgar & Edgarette company card

> Thermon Group Holdings, Inc. grew revenue 7.6% in FY2026 to $536 million, operating margin 13.2% against a 5.2% median for electrical industrial apparatus, equity 64.9% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1489096 · fiscal year ended 2026-03-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/1489096) · [JSON](https://www.pops4.com/boards/company/1489096.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $536M |
| Revenue growth, 1 year | 7.6% |
| Revenue growth per year | 10.8% |
| Operating margin | 13.2% (prior year 16.0%) |
| Net margin | 8.3% |
| Operating cash flow | $47M |
| Capital spending | $14M |
| Free cash flow | $33M |
| Cash | $52M |
| Long-term debt | $122M |
| Total assets | $831M |
| Total equity | $539M |
| Equity ÷ assets | 64.9% |
| Return on equity | 8.3% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 5.72 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $536.3M (FY2026), total debt $121.9M. Experience: revenue up 7.6% on the year, up 10.8% a year over 4 years; operating margin 13.2%, down from 16.0%. Soundness: equity 64.9% of assets, return on equity 8.3%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $477.4M and $665.6M next year (method v4.1: its own 5-year record of growth weighed at 57% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $438.9M to $726.4M. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, its industry group): operating margin 13.2% against a 5.2% median; growth 7.6% against 7.5%.

Range logged 2026-10-31, receipt b782235c03702ee5, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-06-01 ([filing](https://www.sec.gov/Archives/edgar/data/1489096/000110465926068666/0001104659-26-068666-index.htm))
- Item 5.02 Director or officer change: 1, latest 2026-06-01 ([filing](https://www.sec.gov/Archives/edgar/data/1489096/000110465926068666/0001104659-26-068666-index.htm))

## Recent filings

- 8-K · filed 2026-06-01 · 1.02 Termination of a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 3.03 Material Modifications to Rights of Security Holders; 5.01 Changes in Control of Registrant; 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1489096/000110465926068666/0001104659-26-068666-index.htm)
- 8-K · filed 2026-05-28 · 5.07 Submission of Matters to a Vote of Security Holders; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1489096/000110465926067251/0001104659-26-067251-index.htm)
- 10-K · filed 2026-05-21 · [filing](https://www.sec.gov/Archives/edgar/data/1489096/000148909626000067/0001489096-26-000067-index.htm)
- 8-K · filed 2026-05-19 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1489096/000148909626000063/0001489096-26-000063-index.htm)
- 8-K · filed 2026-04-20 · 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/1489096/000148909626000037/0001489096-26-000037-index.htm)
- 8-K · filed 2026-03-23 · 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/1489096/000110465926033025/0001104659-26-033025-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001489096.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1489096

## Cite

POPS4, Edgar & Edgarette: THERMON GROUP HOLDINGS, INC. company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/1489096. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.