Thermon Group
THR
$28.42
Share price
0.42%
Change (1 day)
-12.07%
Change (1 year)
Operating Margin for Thermon Group (THR)
Operating Margin as of July 2025 (TTM): 14.07%
According to Thermon Group's latest financial reports and stock price the company's current Operating Margin is 14.07%. At the end of 2024 the company had an Operating Margin of 13.68%.
Operating Margin history for Thermon Group from 2011 to 2025
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 13.68% | 22.44% |
| 2023 | 11.17% | 39.82% |
| 2022 | 7.99% | -3527.33% |
| 2021 | -0.23% | -105.24% |
| 2020 | 4.45% | -44.55% |
| 2019 | 8.03% | 34.79% |
| 2018 | 5.96% | -17.52% |
| 2017 | 7.22% | -37.07% |
| 2016 | 11.48% | -43.38% |
| 2015 | 20.27% | 71.61% |
| 2014 | 11.81% | -19.24% |
| 2013 | 14.63% | 104.31% |
| 2012 | 7.16% | |
| 2010 | 17.08% | 22.79% |
| 2009 | 13.91% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Vishay Precision Group
VPG | 3.55% | -74.77% | 🇺🇸 USA |
 Dow DOW | 1.82% | -87.06% | 🇺🇸 USA |
 Dupont De Nemours DD | 3.96% | -71.86% | 🇺🇸 USA |
 3M MMM | 21.51% | 52.88% | 🇺🇸 USA |
 Fluor Corporation
FLR | 4.07% | -71.07% | 🇺🇸 USA |
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.