Thermon Group Holdings Inc

NYSE THR

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Thermon Group Holdings Inc Return on Gross Investment (ROGI) 2 year CAGR for the year ending September 19, 2024

Thermon Group Holdings Inc Return on Gross Investment (ROGI) 2 year CAGR is NA for the year ending September 19, 2024. Return on gross investment measures the profitability of a company relative to its total investments, including both short-term and long-term investments. It is calculated by dividing the net income by the total investments minus short-term investments. This ratio indicates the return generated for each unit of gross investment made by the company. A higher return on gross investment suggests better profitability and efficient utilization of investment capital. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
NYSE: THR

Thermon Group Holdings Inc

CEO Mr. Bruce A. Thames
IPO Date May 5, 2011
Location United States
Headquarters Building 300, Austin, TX, United States, 78735
Employees 1,416
Sector Industrials
Industry Specialty industrial machinery
Description

Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It offers heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services. The company also provides controls, monitoring, and software systems for the control and management of a heat trace system; environmental heating solutions under the Ruffneck, Norsemen, and Catadyne brands; process heating solutions under the Caloritech brand name; filtration solutions under the 3L Filters brand; rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names; and boilers under the Vapor Power, Precision Boilers, and Caloritech brands. In addition, it offers project services; transportation heating products, including track and switch heaters, accessories, control panels, rail heaters, gas blower accessories, and air curtains; transit heaters; and velocity heat products. Further, the company offers temporary power solutions; heating systems, such as engineered electric heat, explosion proof gas catalytic heaters, heaters for harshest environments, methane abatement, and engineered filtration system; electrically, steam, and fluid heated tubing bundles; and pre-insulated tubing and system accessories tubing bundles. It serves chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, energy transition/decarbonization, mining and mineral processing, maritime/shipbuilding, semiconductors, pharmaceutical and biotechnology, food and beverage, data centers, and renewables industries through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas.

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StockViz Staff

September 19, 2024

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