NYSE$THR
Thermon Group Holdings Inc · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
Thermon's financial performance was marked by revenue growth and strategic progress.
Thermon reported a 7.7% increase in revenue to $115.1 million and an adjusted EBITDA increase of 5.0% to $23.2 million. The company benefited from its diversified end markets and the acquisition of Vapor Power, while also focusing on operational excellence and disciplined capital allocation.
- Revenue increased by 7.7% to $115.1 million, driven by Vapor Power acquisition and growth in OPEX revenue.
- Adjusted EBITDA increased by 5.0% to $23.2 million, supported by contributions from Vapor Power.
- New orders increased by 11.5% to $127.2 million, resulting in a book-to-bill ratio of 1.1x.
- Free cash flow was $8.8 million, an improvement of $10.7 million year-over-year, due to disciplined capital efficiency.
Headline financials
Revenue & EPS history
Thermon · Revenue · Quarterly
$115M
Forward guidance
Thermon reiterated its full-year Fiscal 2025 financial guidance, expecting improved momentum in the second half of the fiscal year.
Tailwinds
- Expect improved momentum in the second half of the fiscal year.
- Benefit from balanced revenue model.
- Continue to build market-leading positions across legacy and growth-centric end-markets.
- Realize improved operational efficiencies.
- Realize benefits of scale.
Headwinds
- Customer spending on large projects remains uneven over the near-term.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
-0.3%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+2.7%
Avg return
30 days after
53%
34 / 64 earnings
Positive
+13.3%
Q2 2014
Best reaction
-24.9%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +3.1% | +3.6% | — | |
| Q3 2026 | +5.6% | +8.8% | -2.0% | |
| Q2 2026 | +11.2% | +22.2% | +33.0% | |
| Q1 2026 | -11.2% | -8.9% | -9.5% | |
| Q4 2025 | -0.5% | -6.9% | -7.2% | |
| Q3 2025 | -1.6% | +12.9% | +5.9% | |
| Q2 2025 | -3.4% | +0.1% | +8.6% | |
| Q1 2025 | -0.2% | -3.4% | -5.1% | |
| Q4 2024 | -0.1% | -7.7% | -11.8% | |
| Q3 2024 | -24.9% | -21.9% | -16.1% | |
| Q2 2024 | +11.2% | +14.7% | +13.1% | |
| Q1 2024 | -7.3% | -5.3% | -0.2% | |
| Q4 2023 | +1.2% | +0.3% | +11.2% | |
| Q3 2023 | +3.7% | +13.6% | +18.8% | |
| Q2 2023 | +3.2% | +8.4% | +17.8% | |
| Q1 2023 | +4.3% | +7.0% | +8.7% | |
| Q4 2022 | +2.5% | +1.5% | -5.4% | |
| Q3 2022 | +2.0% | +3.3% | -0.3% | |
| Q2 2022 | +0.8% | -1.2% | -9.3% | |
| Q1 2022 | +3.8% | +2.7% | -4.0% | |
| Q4 2021 | -10.7% | -9.0% | -6.6% | |
| Q3 2021 | +1.8% | +7.2% | +35.8% | |
| Q2 2021 | +5.7% | +25.4% | +55.5% | |
| Q1 2021 | -2.4% | +0.4% | -11.4% | |
| Q4 2020 | -11.2% | +5.1% | -11.5% | |
| Q3 2020 | -14.7% | -13.3% | -25.8% | |
| Q2 2020 | +8.5% | +7.5% | +4.5% | |
| Q1 2020 | -7.0% | -5.1% | -7.3% | |
| Q4 2019 | +5.9% | +7.6% | +15.3% | |
| Q3 2019 | +2.6% | +3.3% | +13.0% | |
| Q2 2019 | -0.4% | -4.9% | -3.4% | |
| Q1 2019 | +3.4% | -0.2% | +6.9% | |
| Q4 2018 | -8.7% | -4.8% | -3.0% | |
| Q3 2018 | +3.0% | +3.0% | +9.3% | |
| Q2 2018 | +4.4% | +3.4% | +2.7% | |
| Q1 2018 | -3.3% | -3.3% | -7.2% | |
| Q4 2017 | -13.2% | -13.5% | -10.1% | |
| Q3 2017 | -0.5% | +1.4% | -3.3% | |
| Q2 2017 | -0.5% | +2.0% | +6.2% | |
| Q1 2017 | -5.4% | -1.5% | -2.5% | |
| Q4 2016 | +10.7% | +9.5% | +4.5% | |
| Q3 2016 | -2.3% | — | — | |
| Q2 2016 | -7.7% | — | — | |
| Q1 2016 | -3.6% | — | — | |
| Q4 2015 | -1.9% | — | — | |
| Q3 2015 | +7.6% | — | — | |
| Q2 2015 | +10.7% | — | — | |
| Q1 2015 | +9.1% | — | — | |
| Q4 2014 | +1.0% | — | — | |
| Q3 2014 | -5.4% | — | — | |
| Q2 2014 | +13.3% | — | — | |
| Q1 2014 | +0.2% | — | — | |
| Q1 2011 | -0.9% | — | — | |
| Q4 2013 | -5.1% | — | — | |
| Q3 2013 | -6.3% | — | — | |
| Q2 2013 | -6.3% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q3 2011 | +1.3% | — | — | |
| Q3 2012 | +1.3% | — | — | |
| Q2 2011 | +0.3% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q4 2010 | — | — | — |
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