earnings
confidence high
sentiment neutral
materiality 0.65
Thermon Q1 revenue $115.1M (+7.7%), net income $8.5M (-22%), adj EBITDA $23.2M (+5%); reiterates FY25 guidance
Thermon Group Holdings, Inc.
2025-Q1 EPS reported
$0.25
revenue$115,126,000
- OPEX revenue $97.5M (+21.6%); Over-Time Large Projects $17.6M (-34%); organic sales declined 5.3%.
- New orders $127.2M (+11.5%), book-to-bill 1.1x; backlog $198.5M (+15.3%), organic backlog -10.4%.
- Adjusted EPS $0.38; reiterates FY25 guidance: revenue $527-553M, Adj EBITDA $112-120M, Adj EPS $1.90-2.06.
- Net leverage 1.1x; free cash flow $8.8M (fav vs -$1.9M prior year); Vapor Power contributed $13.9M revenue.