THR vs. WOR

Last updated Apr 1, 2026

Compare and contrast key facts about Thermon Group Holdings, Inc. (THR) and Worthington Industries, Inc. (WOR).

Performance

THR vs. WOR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thermon Group Holdings, Inc. (THR) and Worthington Industries, Inc. (WOR). The values are adjusted to include any dividend payments, if applicable.

THR vs. WOR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
THR Thermon Group Holdings, Inc.	35.63%	29.16%	-11.67%	62.20%	18.61%	8.32%	-41.68%	32.15%	-14.32%	23.99%
WOR Worthington Industries, Inc.	1.52%	30.29%	-29.34%	91.65%	-6.90%	8.43%	25.21%	24.08%	-19.30%	-5.48%

Fundamentals

Market Cap THR : $1.66B WOR : $2.56B
EPS THR : $1.77 WOR : $2.26
PE Ratio THR : 28.44 WOR : 23.04
PS Ratio THR : 3.20 WOR : 1.94
PB Ratio THR : 3.09 WOR : 2.56
Total Revenue (TTM) THR : $522.01M WOR : $1.33B
Gross Profit (TTM) THR : $237.20M WOR : $369.08M
EBITDA (TTM) THR : $78.32M WOR : $159.44M

Returns By Period

In the year-to-date period, THR achieves a 35.63% return, which is significantly higher than WOR's 1.52% return. Both investments have delivered pretty close results over the past 10 years, with THR having a 11.08% annualized return and WOR not far behind at 10.96%.

THR

• 1D: 2.88%
• 1M: -0.75%
• YTD: 35.63%
• 6M: 88.62%
• 1Y: 80.97%
• 3Y*: 26.46%
• 5Y*: 21.11%
• 10Y*: 11.08%

WOR

• 1D: 2.26%
• 1M: -6.53%
• YTD: 1.52%
• 6M: -5.35%
• 1Y: 5.47%
• 3Y*: 11.05%
• 5Y*: 6.16%
• 10Y*: 10.96%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

THR vs. WOR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

THR

THR Risk / Return Rank: 87
THR Sharpe Ratio Rank: 90
THR Sortino Ratio Rank: 86
THR Omega Ratio Rank: 84
THR Calmar Ratio Rank: 89
THR Martin Ratio Rank: 85

WOR

WOR Risk / Return Rank: 44
WOR Sharpe Ratio Rank: 48
WOR Sortino Ratio Rank: 41
WOR Omega Ratio Rank: 41
WOR Calmar Ratio Rank: 45
WOR Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

THR vs. WOR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thermon Group Holdings, Inc. (THR) and Worthington Industries, Inc. (WOR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	THR	WOR	Difference
Sharpe ratio Return per unit of total volatility	1.95	0.18	+1.78
Sortino ratio Return per unit of downside risk	2.46	0.46	+2.00
Omega ratio Gain probability vs. loss probability	1.32	1.06	+0.26
Calmar ratio Return relative to maximum drawdown	3.69	0.16	+3.53
Martin ratio Return relative to average drawdown	8.04	0.33	+7.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

THR vs. WOR - Sharpe Ratio Comparison

The current THR Sharpe Ratio is 1.95, which is higher than the WOR Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of THR and WOR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	THR	WOR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	0.18	+1.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.16	+0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.28	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.23	+0.04

Correlation

The correlation between THR and WOR is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

THR vs. WOR - Dividend Comparison

THR has not paid dividends to shareholders, while WOR's dividend yield for the trailing twelve months is around 1.42%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
THR Thermon Group Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WOR Worthington Industries, Inc.	1.42%	1.40%	1.65%	49.97%	2.37%	1.99%	1.91%	2.23%	2.53%	1.86%	1.64%	2.46%

Drawdowns

THR vs. WOR - Drawdown Comparison

The maximum THR drawdown since its inception was -65.24%, smaller than the maximum WOR drawdown of -70.94%. Use the drawdown chart below to compare losses from any high point for THR and WOR.

Drawdown Indicators

	THR	WOR	Difference
Max Drawdown Largest peak-to-trough decline	-65.24%	-70.94%	+5.70%
Max Drawdown (1Y) Largest decline over 1 year	-21.01%	-29.83%	+8.82%
Max Drawdown (5Y) Largest decline over 5 years	-33.86%	-44.64%	+10.78%
Max Drawdown (10Y) Largest decline over 10 years	-63.47%	-64.53%	+1.06%
Current Drawdown Current decline from peak	-5.88%	-21.83%	+15.95%
Average Drawdown Average peak-to-trough decline	-22.27%	-20.24%	-2.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.64%	14.23%	-4.59%

Volatility

THR vs. WOR - Volatility Comparison

Thermon Group Holdings, Inc. (THR) has a higher volatility of 14.53% compared to Worthington Industries, Inc. (WOR) at 12.16%. This indicates that THR's price experiences larger fluctuations and is considered to be riskier than WOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	THR	WOR	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.53%	12.16%	+2.37%
Volatility (6M) Calculated over the trailing 6-month period	29.07%	19.76%	+9.31%
Volatility (1Y) Calculated over the trailing 1-year period	41.72%	31.14%	+10.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.43%	38.41%	-2.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.45%	39.98%	-1.53%

Financials

THR vs. WOR - Profitability Comparison

The chart below illustrates the profitability comparison between Thermon Group Holdings, Inc. and Worthington Industries, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

THR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Thermon Group Holdings, Inc. reported a gross profit of 68.65M and revenue of 147.31M. Therefore, the gross margin over that period was 46.6%.

WOR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Worthington Industries, Inc. reported a gross profit of 110.20M and revenue of 378.68M. Therefore, the gross margin over that period was 29.1%.

THR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Thermon Group Holdings, Inc. reported an operating income of 26.65M and revenue of 147.31M, resulting in an operating margin of 18.1%.

WOR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Worthington Industries, Inc. reported an operating income of 28.15M and revenue of 378.68M, resulting in an operating margin of 7.4%.

THR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Thermon Group Holdings, Inc. reported a net income of 18.29M and revenue of 147.31M, resulting in a net margin of 12.4%.

WOR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Worthington Industries, Inc. reported a net income of 45.46M and revenue of 378.68M, resulting in a net margin of 12.0%.