OverviewSuggest Edit

Thermon Group is a provider of engineered thermal solutions for process industries. The company operates through four segments based on four geographic countries or regions: the United States and Latin America ("US-LAM"); Canada; Europe, Middle East and Africa ("EMEA"); and Asia-Pacific ("APAC"). Thermon Group specializes in heat tracing, delivering heat to pipes, tanks, instrumentation, and other equipment using steam, fluid, or electric tracing.

TypePublic
Founded1954
HQAustin, US
Websitethermon.com
Employee Ratings3

Locations

Thermon Group is headquartered in
Austin, United States

Location Map

Latest Updates

Employees (est.) (Mar 2020)1,335(-8%)
Job Openings7
Revenue (FY, 2020)$383.5 M(-7%)
Share Price (Oct 2020)$11.7 (+2%)
Cybersecurity ratingCMore

Key People/Management at Thermon Group

Bruce Thames

Bruce Thames

President, Chief Executive Officer and Director
Jay C. Peterson

Jay C. Peterson

Chief Financial Officer
Thomas N. Cerovski

Thomas N. Cerovski

Senior Vice President, Global Sales
Johannes Van Der Salm

Johannes Van Der Salm

Senior Vice President, Global Operations
David Buntin

David Buntin

Senior Vice President, Thermon Heat Tracing
Mark Roberts

Mark Roberts

Senior Vice President, Global Engineering & Project Services
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Thermon Group Office Locations

Thermon Group has an office in Austin
Austin, US (HQ)
7171 Southwest Pkwy
Show all (1)

Thermon Group Financials and Metrics

Thermon Group Revenue

Thermon Group's revenue was reported to be $383.49 m in FY, 2020
USD

Revenue (FY, 2020)

383.5m

Gross profit (FY, 2020)

161.6m

Gross profit margin (FY, 2020), %

42.1%

Net income (FY, 2020)

11.9m

EBIT (FY, 2020)

32.7m

Market capitalization (23-Oct-2020)

388.4m

Closing stock price (23-Oct-2020)

11.7

Cash (31-Mar-2020)

43.2m

EV

347.7m
Thermon Group's current market capitalization is $388.4 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

21.5m43.8m72.6m93.8m84.6m42.8m33.9m31.4m43.2m

Accounts Receivable

50.0m56.1m94.4m105.3m92.5m

Prepaid Expenses

6.9m6.2m9.1m7.3m9.2m

Inventories

38.5m34.4m5.1m5.1m8.2m34.0m63.8m64.9m60.3m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

12.0m25.8m49.4m23.7m15.0m13.2m23.2m11.9m

Depreciation and Amortization

14.0m2.6m14.2m14.1m17.4m17.8m24.4m30.0m28.3m

Inventories

(8.2m)(3.5m)(6.9m)1.6m6.6m(9.1m)(3.4m)1.4m

Accounts Payable

(1.3m)(3.2m)(297.0k)1.0m(4.6m)2.0m(21.0k)3.4m
USDQ1, 2012

Financial Leverage

2.5 x
Show all financial metrics

Thermon Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Thermon Group Online and Social Media Presence

Embed Graph

Thermon Group News and Updates

Thermon Group Frequently Asked Questions

  • When was Thermon Group founded?

    Thermon Group was founded in 1954.

  • Who are Thermon Group key executives?

    Thermon Group's key executives are Bruce Thames, Jay C. Peterson and Thomas N. Cerovski.

  • How many employees does Thermon Group have?

    Thermon Group has 1,335 employees.

  • What is Thermon Group revenue?

    Latest Thermon Group annual revenue is $383.5 m.

  • What is Thermon Group revenue per employee?

    Latest Thermon Group revenue per employee is $287.3 k.

  • Who are Thermon Group competitors?

    Competitors of Thermon Group include Chromalox, Watlow and Nibe.

  • Where is Thermon Group headquarters?

    Thermon Group headquarters is located at 7171 Southwest Pkwy, Austin.

  • Where are Thermon Group offices?

    Thermon Group has an office in Austin.

  • How many offices does Thermon Group have?

    Thermon Group has 1 office.