Thermon Group Stock (NYSE:THR)
Previous Close
$66.81
52W Range
$23.86 - $71.87
50D Avg
$58.54
200D Avg
$42.15
Market Cap
$2.01B
Avg Vol (3M)
$571.03K
Beta
0.83
Div Yield
-
THR Company Profile
Thermon Group Holdings, Inc. is a global provider of expertly engineered industrial process heating solutions. The company's extensive product portfolio spans several key areas. Its electric heating offerings include air heaters, heating accessories, boilers and calorifiers, advanced controlling and monitoring systems, heat tracing systems, tank heating solutions, thermostats, tubing bundles, system accessories, and a variety of strip, tubular, immersion, and process heaters. For gas heating, Thermon supplies enclosure and explosion-proof gas catalytic heaters, gas-fired blowers, and essential gas heating accessories such as regulators, valves, mounting brackets, and battery cables. The specialty products segment features diverse items like CEMS and analytical systems, commercial construction products and services, control panels, custom engineered products, compressed gas scrubbing systems, temporary power solutions, and devices for clearing snow from rail tracks and switches. Furthermore, Thermon delivers steam heating solutions, encompassing heat transfer compounds, steam-heated bundles, steam supply and condensate return lines, steam tracing solutions, steam trace accessories, and tank heating products. Beyond its product range, Thermon provides a comprehensive suite of services. These include detailed design engineering, which covers optimization studies, product selection assistance, and computer-generated drawing packages; energy audit services; thorough procurement and project management services; and turnkey construction installation. The company also offers recurring facility assessments or audits, ongoing maintenance services, and reliable technical support. Thermon's specialized solutions cater to a broad spectrum of industries worldwide, including chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, transportation, food and beverage, pharmaceutical, and mineral processing, as well as data centers, semiconductor facilities, and various other markets. The company distributes its offerings through a dedicated network of sales and service professionals and authorized distributors. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas.