Thermon Group Holdings, Inc. (THR) - Dilution Analysis

Visualizing historical and potential share dilution over time

View Stock Details

American Express® Business Gold Card

Earn Up to 200K Membership Rewards® Points

4X on your top 2 spending categories. Transfer to 20+ airline & hotel partners. Terms apply.

Learn More

Dilution Analysis

Medium Risk

Moderate dilution risk

Last updated: November 06, 2025

Risk Assessment Details

Potential Dilution: 70.69% of current shares

Recent Dilution: 0.11% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

33M

Potential Supply

23M

Additional shares possible

Splits

None

Past 2 years

Summary

THR currently has 33M outstanding shares. with significant dilution risk as 23.3M authorized shares could dilute existing holders by 70.7%. The company has minimally diluted shareholders by 0.11% over the past 2 years.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding	Supply
Nov 06, 2025	10-Q filing \| 33.0M shares outstanding	33M	23M
May 22, 2025	10-K filing \| 33.7M shares outstanding	34M	23M
Feb 06, 2025	10-Q filing \| 33.7M shares outstanding	34M	23M
Nov 07, 2024	10-Q filing \| 33.8M shares outstanding	34M	22M
Aug 07, 2024	10-Q filing \| 33.8M shares outstanding	34M	22M
May 29, 2024	10-K filing \| 33.7M shares outstanding	34M	23M
Feb 01, 2024	10-Q filing \| 33.7M shares outstanding	34M	23M
Nov 02, 2023	10-Q filing \| 33.7M shares outstanding	34M	23M
Aug 03, 2023	10-Q filing \| 33.6M shares outstanding	34M	23M
May 25, 2023	10-K filing \| 33.5M shares outstanding	33M	23M
Feb 02, 2023	10-Q filing \| 33.5M shares outstanding	33M	23M
Nov 03, 2022	10-Q filing \| 33.5M shares outstanding	33M	23M
Aug 04, 2022	10-Q filing \| 33.4M shares outstanding	33M	23M
May 26, 2022	10-K filing \| 33.3M shares outstanding	33M	23M
Feb 03, 2022	10-Q filing \| 33.3M shares outstanding	33M	23M
Nov 09, 2021	10-Q filing \| 33.3M shares outstanding	33M	23M
Aug 05, 2021	10-Q filing \| 33.3M shares outstanding	33M	23M
May 27, 2021	10-K filing \| 33.1M shares outstanding	33M	23M
Feb 04, 2021	10-Q filing \| 33.2M shares outstanding	33M	23M
Nov 06, 2020	S-3 filing: Thermon Group Holdings, Inc. may offer and sell, from time to time, in one or more offerings, common stock, preferred stock, debt securities, warrants, stock purchase contracts and stock purchase units for an aggregate initial offering price up to $250,000,000.	33M	23M
Nov 05, 2020	10-Q filing \| 33.2M shares outstanding	33M	0
Aug 06, 2020	10-Q filing \| 33.0M shares outstanding	33M	0
Jun 01, 2020	10-K filing \| 32.8M shares outstanding	33M	0
Feb 06, 2020	10-Q filing \| 32.8M shares outstanding	33M	0

Back to THR Details