Thermon Overview

  • Year Founded
  • 1954

Year Founded

  • Status
  • Public

  • Employees
  • 1,405


  • Stock Symbol
  • THR

Stock Symbol

  • Investments
  • 6

  • Share Price
  • $34.99
  • (As of Friday Closing)

Thermon General Information


Thermon Group Holdings Inc is a United States-based company that provides engineered thermal solutions for process industries. The company's product portfolio comprises electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines. It also provides turnkey services and design and engineering services. The company's customers include large engineering, procurement, and construction companies; oil and gas companies; commercial subcontractors; electrical component distributors; and others. The company has a presence, with the United States, Canada, and Europe being its top three markets and contributing the majority of its sales.

Contact Information

Formerly Known As
Thermon Manufacturing Company
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Machinery (B2B)
Other Industries
Other Commercial Services
Stock Exchange
Corporate Office
  • 7171 Southwest Parkway, Building 300
  • Suite 200
  • Austin, TX 78735
  • United States
+1 (512) 000-0000

Thermon Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth

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Thermon Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$34.99 $34.55 $21.20 - $35.34 $1.18B 33.7M 195K $1.45

Thermon Financials Summary

In Thousands,
TTM 31-Dec-2023 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022 FY 2021 31-Mar-2021
EV 1,192,072 944,987 653,452 779,778
Revenue 489,456 440,590 355,674 276,181
EBITDA 91,405 74,335 54,445 30,263
Net Income 49,206 33,666 20,092 877
Total Assets 805,088 649,629 636,669 617,878
Total Debt 229,196 128,275 141,643 161,401
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Thermon Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Thermon Comparisons

HQ Location
Total Raised
Post Valuation
Thermon Group Holdings Inc is a United States-based company that provides engineered thermal solutions for process indus
Machinery (B2B)
Austin, TX
1,405 As of 2023
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000000000 (000)
Dusseldorf, Germany
00000 As of 0000


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00000 0000000000 000
Frankenthal, Germany
00000 As of 0000
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Thermon Competitors (23)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
GEA Group Formerly PE-Backed Dusseldorf, Germany 00000 000000&0
KSB Corporation Frankenthal, Germany 00000 00000000
SPX Technologies Corporation Charlotte, NC 0000 000.00 000000000 000.00
United Rentals Corporation Stamford, CT 00000 000.00 000000000 00 000.00
Sigma Thermal Corporation Marietta, GA 00 000000000 -
You’re viewing 5 of 23 competitors. Get the full list »

Thermon Patents

Thermon Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-2724561-A1 Heating cable Active 16-May-2008 00000000
US-8338759-B2 Heating cable Active 16-May-2008 00000000 00
US-8212191-B2 Heating cable with a heating element positioned in the middle of bus wires Inactive 16-May-2008 00000000 00
US-20110266276-A1 Heating cable Active 16-May-2008 00000000 0
US-20090283515-A1 Heating cable with a heating element positioned in the middle of bus wires Active 16-May-2008 H05B6/56 00
To view Thermon’s complete patent history, request access »

Thermon Executive Team (15)

Name Title Board Seat Contact Info
Bruce Thames Chief Executive Officer & Board Member
Tarkington Ryan General Counsel, Legal & Secretary, Administration
David Buntin Senior Vice President
Mark Roberts Senior Vice President
Roberto Kuahara Senior Vice President
You’re viewing 5 of 15 executive team members. Get the full list »

Thermon Board Members (17)

Name Representing Role Since
000000 0000000000 Self Board Member 000 0000
00000 000000 Thermon Chief Executive Officer & Board Member 000 0000
0000 000000 Self Board Member 000 0000
0000 000000 000 Thermon Chairman & Board Member 000 0000
00000 0000000 Thermon Board Member 000 0000
You’re viewing 5 of 17 board members. Get the full list »

Thermon Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Thermon Acquisitions (6)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Vapor Power International 29-Dec-2023 0000000000 Machinery (B2B) 00000 000
Powerblanket 31-May-2022 0000000000 000.00 Electrical Equipment 00000 000
CCI Thermal Technologies 30-Oct-2017 0000000000 00000 Other Commercial Products 00000 000
Industrial Process Insulators 31-Jul-2015 0000000000 000.00 Other Commercial Services 000000 00
Sumac Fabrication 01-Apr-2015 Merger/Acquisition 000.00 Electrical Equipment 000000 00
You’re viewing 5 of 6 acquisitions. Get the full list »

Thermon Subsidiaries (7)

Company Name Industry Location Founded
Powerblanket Electrical Equipment Salt Lake City, UT 2005
rmon Heat Tracing Services-Ii Construction and Engineering Baton Rouge, LA 0000
rmon Heat Tracing Services-I Construction and Engineering Houston, TX 0000
Unitemp Distributors/Wholesale Cape Town, South Africa 0000
rmon Heating Systems Industrial Supplies and Parts Edmonton, Canada 0000
You’re viewing 5 of 7 subsidiaries. Get the full list »

Thermon ESG

Risk Overview

Risk Rating

Updated June, 29, 2023

23.59 | Med Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 16,421




Electrical Equipment


00 of 317




Electrical Equipment


00 of 317




To view Thermon’s complete esg history, request access »

Thermon FAQs

  • When was Thermon founded?

    Thermon was founded in 1954.

  • Who is the founder of Thermon?

    Dick Burdick is the founder of Thermon.

  • Who is the CEO of Thermon?

    Bruce Thames is the CEO of Thermon.

  • Where is Thermon headquartered?

    Thermon is headquartered in Austin, TX.

  • What is the size of Thermon?

    Thermon has 1,405 total employees.

  • What industry is Thermon in?

    Thermon’s primary industry is Machinery (B2B).

  • Is Thermon a private or public company?

    Thermon is a Public company.

  • What is Thermon’s stock symbol?

    The ticker symbol for Thermon is THR.

  • What is the current stock price of Thermon?

    As of 17-May-2024 the stock price of Thermon is $34.99.

  • What is the current market cap of Thermon?

    The current market capitalization of Thermon is $1.18B.

  • What is Thermon’s current revenue?

    The trailing twelve month revenue for Thermon is $489M.

  • Who are Thermon’s competitors?

    GEA Group, KSB, SPX Technologies, United Rentals, and Sigma Thermal are some of the 23 competitors of Thermon.

  • What is Thermon’s annual earnings per share (EPS)?

    Thermon’s EPS for 12 months was $1.45.

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