Thermon Group Holdings, Inc.THRNYSE
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Debt to Equity Over Time
Trending lower, below historical average.
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Debt-to-equity ratio
Latest
0.31
↓ 26% below average
Average (9y)
0.42
Historical baseline
Range
High:0.64
Low:0.26
CAGR
-0.3%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2025 | 0.31 | -22.4% |
| 2024 | 0.39 | +29.0% |
| 2023 | 0.31 | -13.7% |
| 2022 | 0.35 | -16.7% |
| 2021 | 0.43 | -22.6% |
| 2020 | 0.55 | -9.2% |
| 2019 | 0.61 | -4.8% |
| 2018 | 0.64 | +147.3% |
| 2017 | 0.26 | -17.8% |
| 2016 | 0.31 | - |