As of June 13, 2025, Thermon Group Holdings Inc (THR) reports a Gross Margin of 44.74%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of Thermon Group Holdings Inc's Gross Margin
Over recent years, Thermon Group Holdings Inc's Gross Margin has shown a stable trend. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2025-03-31 | 44.74% |
| 2024-03-31 | 42.77% |
| 2023-03-31 | 42.01% |
| 2022-03-31 | 38.99% |
| 2021-03-31 | 40.80% |
This slight downward trend highlights how Thermon Group Holdings Inc manages its operational efficiency and pricing power over time.
Comparing Thermon Group Holdings Inc's Gross Margin to Peers
To better understand Thermon Group Holdings Inc's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| Thermon Group Holdings Inc (THR) | 44.74% |
| Ault Global Holdings Inc (DPW) | 3147.94% |
| Capstone Companies Inc (CAPC) | 73.46% |
| Sunworks Inc (SUNW) | 44.04% |
| Hammond Manufacturing Company Ltd (HMM.A.TO) | 37.12% |
| Orbit International Corp (ORBT) | 33.29% |
Compared to its competitors, Thermon Group Holdings Inc's Gross Margin is among the highest compared to peers, indicating superior product pricing power or cost efficiency in production.