earnings
confidence high
sentiment positive
materiality 0.80
Thermon posts record FY2024 revenue $494.6M; guides FY2025 rev $527-553M
Thermon Group Holdings, Inc.
2024-FY EPS reported
$1.51
revenue$494,629,000
- Q4 revenue $127.7M (+4% YoY); GAAP EPS $0.29 (+26%); net income $10.1M (+31%).
- FY2024 record revenue $494.6M (+12%); adj. EBITDA $104.2M (+12%); adj. EPS $1.82 (+17%).
- Diversified end markets 68% of FY2024 revenue; Vapor Power acquisition contributed $10.9M in Q4.
- FY2025 guidance: revenue $527-553M (midpoint +9%); adj. EBITDA $112-120M; adj. EPS $1.90-2.06.
- Completed Russia Exit; net debt/adj. EBITDA 1.2x; available liquidity $141.3M.