Thermon (THR)

Company Profile

Through its global network, Thermon provides safe, reliable and innovative mission critical industrial process heating solutions. Thermon serves the global energy, power generation and chemical markets to provide innovative solutions for industrial heating applications by deeply understanding our customers’ needs. They specialize in providing complete flow assurance, process heating, temperature maintenance, freeze protection and environmental monitoring solutions.

Company profile

Ticker

THR

Exchange

NYSE

Website

www.thermon.com

CEO

Bruce Thames

Incorporated

Delaware

Location

Texas

Fiscal year end

Mar 31

Sector

Manufacturing > All Other Miscellaneous Electrical Equipment and Component Manufacturing

Industry (SIC)

Electrical Industrial Apparatus

GrafTech International • Woodward • Bloom Energy • Hollysys Automation Technologies • Fuelcell Energy • China Carbon Graphite • Plug Power • SCI Engineered Materials • Hyzon Motors • Rice Acquisition Corp II ...

SEC CIK

0001489096

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

THERMON, INC. • CCI THERMAL TECHNOLOGIES DELAWARE, INC. • THERMON AUSTRALIA • THERMON CANADA INC. • THERMON CANADA • THERMON DEUTSCHLAND GMBH • THERMON EURASIA LLC • THERMON EUROPE B.V. • THERMON JAPAN LIMITED. • THERMON FRANCE SAS ...

IRS number

272228185

THR stock data

1M 1Y 5Y

Latest filings (excl ownership)

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3 Nov 22

Thermon Reports Second Quarter Fiscal 2023 Results

3 Nov 22

8-K

Thermon Elects Dr. Angela Strzelecki as Director

4 Aug 22

Thermon Reports First Quarter Fiscal 2023 Results

4 Aug 22

8-K

Submission of Matters to a Vote of Security Holders

3 Aug 22

DEFA14A

Additional proxy soliciting materials

22 Jun 22

Thermon Acquires Powerblanket

1 Jun 22

Conflict minerals disclosure

31 May 22

Transcripts

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THR

Earnings call transcript

2023 Q1

6 Aug 22

THR

Earnings call transcript

2022 Q4

26 May 22

THR

Earnings call transcript

2022 Q3

3 Feb 22

THR

Earnings call transcript

2022 Q2

14 Nov 21

THR

Earnings call transcript

2022 Q1

8 Aug 21

THR

Earnings call transcript

2021 Q4

27 May 21

THR

Earnings call transcript

2021 Q3

6 Feb 21

THR

Earnings call transcript

2021 Q2

7 Nov 20

THR

Earnings call transcript

2021 Q1

9 Aug 20

THR

Earnings call transcript

2020 Q4

1 Jun 20

Latest ownership filings

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Financial summary

Financial statements Chart THR financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 22	Mar 21	Mar 20	Mar 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	34.55 mm	34.55 mm	34.55 mm	34.55 mm	34.55 mm	34.55 mm
Cash burn (monthly)	2.72 mm	565.92 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	10.92 mm	2.28 mm	n/a	n/a	n/a	n/a
Cash remaining	23.62 mm	32.27 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	8.7	57.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Thermon earnings reports.

Institutional ownership, Q3 2022

THR institutional ownership history Ownership history

92.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	117	108	+8.3%
Opened positions	24	13	+84.6%
Closed positions	15	19	-21.1%
Increased positions	43	36	+19.4%
Reduced positions	34	41	-17.1%

13F shares	Current	Prev Q	Change
Total value	477.68 mm	449.04 mm	+6.4%
Total shares	31.00 mm	31.96 mm	-3.0%
Total puts	10.30 k	0.00	NEW
Total calls	0.00	23.10 k	EXIT
Total put/call ratio	Infinity	–	–

Largest owners	Shares	Value	Change
T. Rowe Price Investment Management	3.18 mm	$49.04 mm	NEW
Kempen Capital Management	3.18 mm	$49.03 mm	-2.2%
Vanguard	3.06 mm	$47.20 mm	+4.1%
Van Berkom & Associates	2.43 mm	$37.47 mm	-11.1%
Wellington Management	2.33 mm	$35.91 mm	+9.1%
BLK Blackrock	2.31 mm	$35.61 mm	+0.3%
Harvey Partners	1.83 mm	$28.20 mm	+29.8%
Dimensional Fund Advisors	1.57 mm	$24.24 mm	+3.0%
New South Capital Management	957.99 k	$14.76 mm	-0.2%
Eagle Asset Management	818.61 k	$12.61 mm	-7.0%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price	122.07 k	-3.33 mm	-96.5%
T. Rowe Price Investment Management	3.18 mm	+3.18 mm	NEW
STT State Street	0.00	-670.42 k	EXIT
JHG Janus Henderson	93.24 k	-554.05 k	-85.6%
Harvey Partners	1.83 mm	+420.50 k	+29.8%
Confluence Investment Management	0.00	-308.47 k	EXIT
Steven Patrick Farmer	0.00	-308.47 k	EXIT
Van Berkom & Associates	2.43 mm	-303.57 k	-11.1%
Hillsdale Investment Management	254.00 k	+254.00 k	NEW
Arrowstreet Capital, Limited Partnership	208.80 k	+208.80 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

THR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jan 23	Fix Roger L	Common Stock	Grant	Acquire A	No	No	20.08	1,182	23.73 k	23,280
1 Jan 23	Dalgetty Linda	Common Stock	Grant	Acquire A	No	No	20.08	1,182	23.73 k	24,044
1 Jan 23	Clarke John U	Common Stock	Grant	Acquire A	No	No	20.08	1,182	23.73 k	26,030
1 Jan 23	Nesser John T Iii	Common Stock	Grant	Acquire A	No	No	20.08	1,182	23.73 k	57,182
1 Jan 23	Mcginty Kevin J	Common Stock	Grant	Acquire A	No	No	20.08	1,182	23.73 k	43,949