Thermon Group Holdings Inc
NYSE:THR
Income Statement
Earnings Waterfall
Thermon Group Holdings Inc
Revenue
|
489.5m
USD
|
Cost of Revenue
|
-278.8m
USD
|
Gross Profit
|
210.7m
USD
|
Operating Expenses
|
-130.3m
USD
|
Operating Income
|
80.4m
USD
|
Other Expenses
|
-31.2m
USD
|
Net Income
|
49.1m
USD
|
Income Statement
Thermon Group Holdings Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
282
N/A
|
277
-2%
|
280
+1%
|
286
+2%
|
302
+6%
|
309
+2%
|
306
-1%
|
297
-3%
|
284
-4%
|
282
-1%
|
280
-1%
|
279
0%
|
269
-4%
|
264
-2%
|
252
-4%
|
245
-3%
|
274
+12%
|
309
+13%
|
346
+12%
|
374
+8%
|
401
+7%
|
413
+3%
|
416
+1%
|
428
+3%
|
409
-4%
|
384
-6%
|
349
-9%
|
312
-10%
|
291
-7%
|
276
-5%
|
291
+5%
|
305
+5%
|
326
+7%
|
356
+9%
|
380
+7%
|
399
+5%
|
421
+5%
|
441
+5%
|
452
+3%
|
475
+5%
|
490
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(148)
|
(142)
|
(141)
|
(142)
|
(148)
|
(154)
|
(155)
|
(153)
|
(151)
|
(151)
|
(153)
|
(157)
|
(153)
|
(152)
|
(143)
|
(134)
|
(148)
|
(165)
|
(186)
|
(205)
|
(223)
|
(237)
|
(242)
|
(250)
|
(238)
|
(222)
|
(200)
|
(180)
|
(166)
|
(164)
|
(171)
|
(183)
|
(201)
|
(217)
|
(229)
|
(234)
|
(246)
|
(256)
|
(257)
|
(272)
|
(279)
|
|
Gross Profit |
134
N/A
|
135
+1%
|
138
+2%
|
144
+4%
|
153
+7%
|
155
+1%
|
152
-2%
|
144
-5%
|
133
-7%
|
131
-2%
|
127
-4%
|
122
-4%
|
116
-5%
|
112
-3%
|
110
-2%
|
112
+2%
|
125
+12%
|
144
+15%
|
160
+11%
|
169
+6%
|
178
+5%
|
176
-1%
|
173
-1%
|
178
+3%
|
171
-4%
|
162
-5%
|
149
-8%
|
132
-11%
|
126
-5%
|
113
-10%
|
119
+6%
|
122
+2%
|
126
+3%
|
139
+10%
|
151
+9%
|
165
+9%
|
175
+6%
|
185
+6%
|
195
+5%
|
204
+4%
|
211
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(78)
|
(77)
|
(79)
|
(81)
|
(85)
|
(88)
|
(89)
|
(88)
|
(89)
|
(93)
|
(94)
|
(95)
|
(93)
|
(90)
|
(90)
|
(90)
|
(101)
|
(111)
|
(120)
|
(129)
|
(130)
|
(127)
|
(128)
|
(129)
|
(127)
|
(129)
|
(128)
|
(121)
|
(113)
|
(103)
|
(99)
|
(99)
|
(100)
|
(103)
|
(104)
|
(108)
|
(118)
|
(122)
|
(127)
|
(129)
|
(130)
|
|
Selling, General & Administrative |
(67)
|
(66)
|
(68)
|
(70)
|
(74)
|
(74)
|
(78)
|
(77)
|
(78)
|
(77)
|
(80)
|
(81)
|
(79)
|
(74)
|
(78)
|
(78)
|
(87)
|
(89)
|
(101)
|
(107)
|
(108)
|
(100)
|
(109)
|
(111)
|
(109)
|
(111)
|
(111)
|
(107)
|
(101)
|
(93)
|
(90)
|
(90)
|
(91)
|
(94)
|
(95)
|
(99)
|
(108)
|
(112)
|
(117)
|
(120)
|
(121)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(14)
|
(17)
|
(19)
|
(22)
|
(22)
|
(21)
|
(20)
|
(19)
|
(18)
|
(18)
|
(17)
|
(14)
|
(12)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
|
Operating Income |
56
N/A
|
59
+4%
|
60
+2%
|
64
+7%
|
69
+9%
|
67
-3%
|
62
-7%
|
55
-12%
|
44
-21%
|
39
-12%
|
33
-15%
|
27
-17%
|
23
-17%
|
22
-1%
|
20
-11%
|
22
+9%
|
25
+13%
|
33
+33%
|
39
+20%
|
41
+3%
|
48
+19%
|
49
+0%
|
45
-7%
|
49
+9%
|
44
-11%
|
33
-26%
|
21
-36%
|
11
-47%
|
13
+14%
|
10
-24%
|
21
+114%
|
24
+16%
|
26
+8%
|
36
+40%
|
47
+30%
|
56
+21%
|
57
+1%
|
64
+12%
|
68
+7%
|
74
+9%
|
80
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(12)
|
(10)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(4)
|
(9)
|
(12)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(14)
|
(13)
|
(11)
|
(10)
|
(10)
|
(10)
|
(9)
|
(8)
|
(6)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
|
Non-Reccuring Items |
(16)
|
(16)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(2)
|
(3)
|
(6)
|
(2)
|
(0)
|
(5)
|
(3)
|
(5)
|
(8)
|
(6)
|
(7)
|
(5)
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(1)
|
0
|
0
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(6)
|
(6)
|
(6)
|
(5)
|
0
|
0
|
0
|
(0)
|
(0)
|
(2)
|
(1)
|
(0)
|
1
|
2
|
2
|
1
|
(1)
|
(2)
|
0
|
0
|
2
|
(0)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
28
N/A
|
33
+15%
|
54
+64%
|
57
+7%
|
63
+10%
|
63
0%
|
58
-7%
|
52
-11%
|
40
-22%
|
32
-20%
|
29
-10%
|
24
-19%
|
20
-17%
|
19
-2%
|
16
-14%
|
19
+14%
|
14
-26%
|
18
+33%
|
22
+20%
|
20
-8%
|
33
+60%
|
33
+2%
|
30
-9%
|
34
+12%
|
29
-15%
|
17
-41%
|
7
-59%
|
(1)
N/A
|
(1)
-50%
|
(1)
+33%
|
9
N/A
|
9
N/A
|
15
+69%
|
28
+91%
|
37
+30%
|
50
+35%
|
48
-4%
|
49
+2%
|
54
+10%
|
59
+10%
|
67
+13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(7)
|
(10)
|
(12)
|
(14)
|
(13)
|
(16)
|
(14)
|
(10)
|
(9)
|
(7)
|
(5)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
(4)
|
(5)
|
(6)
|
(10)
|
(11)
|
(10)
|
(10)
|
(8)
|
(5)
|
(3)
|
(0)
|
(0)
|
2
|
(2)
|
(4)
|
(5)
|
(8)
|
(10)
|
(13)
|
(14)
|
(16)
|
(16)
|
(17)
|
(17)
|
|
Income from Continuing Operations |
22
|
26
|
44
|
45
|
48
|
49
|
42
|
38
|
31
|
24
|
22
|
19
|
15
|
15
|
13
|
14
|
11
|
14
|
17
|
15
|
23
|
22
|
20
|
24
|
21
|
12
|
4
|
(1)
|
(1)
|
1
|
7
|
5
|
10
|
20
|
27
|
38
|
35
|
34
|
38
|
42
|
49
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
22
N/A
|
26
+18%
|
44
+72%
|
45
+2%
|
48
+7%
|
49
+2%
|
42
-15%
|
37
-11%
|
30
-19%
|
23
-24%
|
21
-8%
|
18
-16%
|
15
-18%
|
15
N/A
|
13
-13%
|
14
+10%
|
9
-34%
|
12
+29%
|
15
+22%
|
13
-11%
|
22
+71%
|
23
+4%
|
21
-7%
|
25
+17%
|
22
-13%
|
12
-45%
|
4
-64%
|
(1)
N/A
|
(1)
-38%
|
1
N/A
|
7
+633%
|
5
-20%
|
10
+96%
|
20
+93%
|
27
+35%
|
38
+39%
|
35
-8%
|
34
-3%
|
38
+13%
|
42
+10%
|
49
+18%
|
|
EPS (Diluted) |
0.68
N/A
|
0.8
+18%
|
1.38
+73%
|
1.41
+2%
|
1.5
+6%
|
1.52
+1%
|
1.3
-14%
|
1.15
-12%
|
0.93
-19%
|
0.71
-24%
|
0.65
-8%
|
0.55
-15%
|
0.45
-18%
|
0.45
N/A
|
0.38
-16%
|
0.42
+11%
|
0.27
-36%
|
0.36
+33%
|
0.46
+28%
|
0.38
-17%
|
0.66
+74%
|
0.68
+3%
|
0.64
-6%
|
0.74
+16%
|
0.65
-12%
|
0.36
-45%
|
0.14
-61%
|
-0.01
N/A
|
-0.03
-200%
|
0.03
N/A
|
0.2
+567%
|
0.15
-25%
|
0.3
+100%
|
0.6
+100%
|
0.8
+33%
|
1.12
+40%
|
1.04
-7%
|
1
-4%
|
1.13
+13%
|
1.23
+9%
|
1.44
+17%
|