Thermon Group Holdings is a holding company. Through its subsidiaries, Co. is a provider of industrial process heating solutions for process industries. Co. serves a base of customers around the world in markets, including chemical and petrochemical, oil, gas, power generation, commercial, rail and transit, and other. Co. provides a suite of products (heating units, heating cables, temporary power solutions and tubing bundles), services (engineering, installation and maintenance services) and software (design optimization and wireless and network control systems) required to deliver solutions to various projects. The THR stock yearly return is shown above.
The yearly return on the THR stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the THR annual return calculation with any dividends reinvested as applicable (on ex-dates).
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