🚀 VC round data is live in beta, check it out!
Thermon Group Holdings Valuation Multiples
Discover revenue and EBITDA valuation multiples for Thermon Group Holdings and similar public comparables like Senior plc, Comer Industries, Grand Process Technology, OC Oerlikon Corp and more.
Thermon Group Holdings Overview
About Thermon Group Holdings
Thermon Group Holdings Inc is a United States-based company that provides engineered industrial process heating solutions for process industries. It offers a full suite of products (heating units, electrode and gas-fired boilers, heating cables, industrial heating blankets and related products, temporary power solutions and tubing bundles), services (engineering, installation and maintenance services) and software (design optimization and wireless and network control systems) required to deliver comprehensive solutions to some of the world's Large and most complex projects. Its products and services include a wide range of electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions.
Founded
1960
HQ
Employees
1.6K
Website
Sectors
Financials (LTM)
EV
$2B
Thermon Group Holdings Financials
Thermon Group Holdings reported last 12-month revenue of $523M and EBITDA of $116M.
In the same LTM period, Thermon Group Holdings generated $239M in gross profit, $116M in EBITDA, and $57M in net income.
Revenue (LTM)
Thermon Group Holdings P&L
In the most recent fiscal year, Thermon Group Holdings reported revenue of $498M and EBITDA of $109M.
Thermon Group Holdings expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $523M | XXX | $498M | XXX | XXX | XXX |
| Gross Profit | $239M | XXX | $223M | XXX | XXX | XXX |
| Gross Margin | 46% | XXX | 45% | XXX | XXX | XXX |
| EBITDA | $116M | XXX | $109M | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 22% | XXX | XXX | XXX |
| EBIT Margin | 17% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $57M | XXX | $54M | XXX | XXX | XXX |
| Net Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| Net Debt | — | — | $99M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Thermon Group Holdings Stock Performance
Thermon Group Holdings has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
Thermon Group Holdings' stock price is $49.00.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | 0.0% | XXX | XXX | XXX | $1.63 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialThermon Group Holdings Valuation Multiples
Thermon Group Holdings trades at 3.3x EV/Revenue multiple, and 14.9x EV/EBITDA.
EV / Revenue (LTM)
Thermon Group Holdings Financial Valuation Multiples
As of March 20, 2026, Thermon Group Holdings has market cap of $2B and EV of $2B.
Equity research analysts estimate Thermon Group Holdings' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Thermon Group Holdings has a P/E ratio of 28.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 3.3x | XXX | 3.5x | XXX | XXX | XXX |
| EV/EBITDA | 14.9x | XXX | 15.8x | XXX | XXX | XXX |
| EV/EBIT | 20.0x | XXX | 20.7x | XXX | XXX | XXX |
| EV/Gross Profit | 7.2x | XXX | 7.7x | XXX | XXX | XXX |
| P/E | 28.3x | XXX | 30.1x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 32.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Thermon Group Holdings Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Thermon Group Holdings Margins & Growth Rates
Thermon Group Holdings' revenue in the last 12 month grew by 6%.
Thermon Group Holdings' revenue per employee in the last FY averaged $0.3M.
Thermon Group Holdings' rule of 40 is 28% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Thermon Group Holdings' rule of X is 37% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Thermon Group Holdings Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 5% | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 22% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | 6% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 28% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 37% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 26% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 29% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Thermon Group Holdings Public Comps
See public comps and valuation multiples for other Industrial Parts comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Senior plc | XXX | XXX | XXX | XXX | XXX | XXX |
| Comer Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| Grand Process Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| OC Oerlikon Corp | XXX | XXX | XXX | XXX | XXX | XXX |
| Palfinger | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Thermon Group Holdings M&A Activity
Thermon Group Holdings acquired XXX companies to date.
Last acquisition by Thermon Group Holdings was on XXXXXXXX, XXXXX. Thermon Group Holdings acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Thermon Group Holdings
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialThermon Group Holdings Investment Activity
Thermon Group Holdings invested in XXX companies to date.
Thermon Group Holdings made its latest investment on XXXXXXXX, XXXXX. Thermon Group Holdings invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Thermon Group Holdings
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Thermon Group Holdings
| When was Thermon Group Holdings founded? | Thermon Group Holdings was founded in 1960. |
| Where is Thermon Group Holdings headquartered? | Thermon Group Holdings is headquartered in United States. |
| How many employees does Thermon Group Holdings have? | As of today, Thermon Group Holdings has over 1K employees. |
| Who is the CEO of Thermon Group Holdings? | Thermon Group Holdings' CEO is Bruce A. Thames. |
| Is Thermon Group Holdings publicly listed? | Yes, Thermon Group Holdings is a public company listed on NYSE. |
| What is the stock symbol of Thermon Group Holdings? | Thermon Group Holdings trades under THR ticker. |
| When did Thermon Group Holdings go public? | Thermon Group Holdings went public in 2011. |
| Who are competitors of Thermon Group Holdings? | Thermon Group Holdings main competitors are Senior plc, Comer Industries, Grand Process Technology, OC Oerlikon Corp. |
| What is the current market cap of Thermon Group Holdings? | Thermon Group Holdings' current market cap is $2B. |
| What is the current revenue of Thermon Group Holdings? | Thermon Group Holdings' last 12 months revenue is $523M. |
| What is the current revenue growth of Thermon Group Holdings? | Thermon Group Holdings revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Thermon Group Holdings? | Current revenue multiple of Thermon Group Holdings is 3.3x. |
| Is Thermon Group Holdings profitable? | Yes, Thermon Group Holdings is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Thermon Group Holdings? | Thermon Group Holdings' last 12 months EBITDA is $116M. |
| What is Thermon Group Holdings' EBITDA margin? | Thermon Group Holdings' last 12 months EBITDA margin is 22%. |
| What is the current EV/EBITDA multiple of Thermon Group Holdings? | Current EBITDA multiple of Thermon Group Holdings is 14.9x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.