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Thermon revenue
Thermon's revenue is $494.6 million.
What is Thermon's revenue?
- Thermon's revenue growth from 2009 to 2023 is 3,652.02%.
- Thermon has 1,083 employees, and the revenue per employee ratio is $456,721.
- Thermon's peak quarterly revenue was $136.4M in 2023(q3).
- Thermon peak revenue was $494.6M in 2023.
- Thermon annual revenue for 2022 was 440.6M, 23.87% growth from 2021.
- Thermon annual revenue for 2023 was 494.6M, 12.27% growth from 2022.
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Thermon historical revenue
Thermon's peak revenue was $494.6M in 2023. The peak quarterly revenue was $136.4M in 2023(q3).
Thermon's revenue increased from $13.2m in 2009 to $494.6M currently. That's a 3,652.02% change in annual revenue.
Thermon annual revenue
Thermon annual revenue over time
| Fiscal year / year | Thermon revenue |
|---|---|
| 2009 | $13.2M |
| 2010 | $227.9M |
| 2011 | $272.3M |
| 2012 | $284.0M |
| 2013 | $277.3M |
| 2014 | $308.6M |
| 2015 | $281.9M |
| 2016 | $264.1M |
| 2017 | $308.6M |
| 2018 | $412.6M |
| 2019 | $383.5M |
| 2020 | $276.2M |
| 2021 | $355.7M |
| 2022 | $440.6M |
| 2023 | $494.6M |
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Thermon annual growth
Thermon saw the greatest revenue growth in 2010, when revenue increased by 1,628.59%.
Thermon had the lowest revenue growth in 2020, when revenue changed by -27.98%.
Thermon annual growth rate over time
| Year | Thermon growth |
|---|---|
| 2010 | 1629%↑ |
| 2011 | 20%↑ |
| 2012 | 4%↑ |
| 2013 | -2%↓ |
| 2014 | 11%↑ |
| 2015 | -9%↓ |
| 2016 | -6%↓ |
| 2017 | 17%↑ |
| 2018 | 34%↑ |
| 2019 | -7%↓ |
| 2020 | -28%↓ |
| 2021 | 29%↑ |
| 2022 | 24%↑ |
| 2023 | 12%↑ |
Thermon quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Thermon quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2010 | - | - | - | $62.0M |
| 2011 | $64.6M | $68.0M | $69.2M | $69.8M |
| 2012 | $67.7M | $67.8M | $76.8M | $71.7M |
| 2013 | $65.6M | $72.8M | $71.5M | $67.5M |
| 2014 | $67.7M | $79.0M | $87.6M | $74.3M |
| 2015 | $65.2M | $69.9M | $74.4M | $72.3M |
| 2016 | $63.4M | $68.8M | $64.3M | $67.6M |
| 2017 | $51.7M | $61.6M | $92.7M | $102.6M |
| 2018 | $88.9M | $90.2M | $119.4M | $114.2M |
| 2019 | $91.7M | $102.9M | $100.5M | $88.4M |
| 2020 | $56.8M | $66.4M | $79.6M | $73.3M |
| 2021 | $71.2M | $81.3M | $100.6M | $102.6M |
| 2022 | $95.4M | $100.6M | $122.1M | $122.5M |
| 2023 | $106.9M | $123.7M | $136.4M | $127.7M |
| 2024 | $115.1M | $114.6M | $134.4M | - |
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Thermon financial information
| CEO | Bruce A. Thames |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 1,083 |
| Date Founded | 1954 |
| Headquarters | San Marcos, Texas |
| Number of Locations | 3 |
| Revenue | $494.6M |
| Net Income | $33,666,000 |
| Gross Proft | $211.6M (2023) |
| EBITDA | $86.7M (2023) |
| PE Ratio | 14.26 |
| Tax Rate | 0.2% |
| Market Capitalization | $735.6M |
| Total Assets | $649,629,000 |
| Ticker | THR |
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Thermon financing
Thermon received early financing of $129.0M on 2010-05-05.
| Series | Round size | Date |
|---|---|---|
| Equity | $129M | 05/2010 |
Thermon competitors
Thermon's top competitor, MB Haynes, earned an annual revenue of $256.6M.
Thermon's smallest competitor is Jays Electric with revenue of $1.7M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Jays Electric | $51,314 | $1.7M | 50 | - |
| MGA Employee Services | $41,037 | $22.0M | 500 | - |
| Electro Design Engineering | $51,256 | $26.9M | 300 | - |
| J. Ranck Electric | $49,291 | $53.4M | 200 | - |
| Power Concepts, L.L.C. | $51,505 | $2.0M | 10 | - |
| Trades Unlimited | $44,298 | $130.0M | 685 | 7 |
| MB Haynes | $43,725 | $256.6M | 157 | 17 |
| Premier Electrical Staffing | $43,311 | $12.0M | 223 | - |
| Phasor | $50,454 | $6.7M | 10 | 80 |
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Zippia gives an in-depth look into the details of Thermon, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Thermon. The employee data is based on information from people who have self-reported their past or current employments at Thermon. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Thermon. The data presented on this page does not represent the view of Thermon and its employees or that of Zippia.
Thermon may also be known as or be related to Thermon, Thermon Group Holdings, Thermon Group Holdings Inc, Thermon Group Holdings Inc., Thermon Group Holdings, Inc. and Thermon Inc.