WOR vs. THR
WOR (Worthington Industries, Inc.) and THR (Thermon Group Holdings, Inc.) are both stocks. Both are in the Industrials sector — WOR in Metal Fabrication, THR in Specialty Industrial Machinery. Over the past 10 years, WOR returned 12.40%/yr vs 12.15%/yr for THR. At a 0.48 correlation, their price movements are largely independent.
Performance
WOR vs. THR - Performance Comparison
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Returns By Period
In the year-to-date period, WOR achieves a 19.20% return, which is significantly lower than THR's 64.53% return. Both investments have delivered pretty close results over the past 10 years, with WOR having a 12.40% annualized return and THR not far behind at 12.15%.
WOR
- 1D
- -0.75%
- 1M
- 11.04%
- YTD
- 19.20%
- 6M
- 16.29%
- 1Y
- 4.49%
- 3Y*
- 19.45%
- 5Y*
- 12.05%
- 10Y*
- 12.40%
THR
- 1D
- 0.00%
- 1M
- -6.95%
- YTD
- 64.53%
- 6M
- 60.73%
- 1Y
- 123.71%
- 3Y*
- 33.83%
- 5Y*
- 27.59%
- 10Y*
- 12.15%
WOR vs. THR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WOR Worthington Industries, Inc. | 19.20% | 30.29% | -29.34% | 91.65% | -6.90% | 8.43% | 25.21% | 24.08% | -19.30% | -5.48% |
THR Thermon Group Holdings, Inc. | 64.53% | 29.16% | -11.67% | 62.20% | 18.61% | 8.32% | -41.68% | 32.15% | -14.32% | 23.99% |
Correlation
The correlation between WOR and THR is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since May 5, 2011 | 0.48 |
The correlation between WOR and THR has been stable across timeframes, ranging from 0.48 to 0.51 - a consistent structural relationship.
Fundamentals
WOR:
$2.98B
THR:
$2.03B
WOR:
$3.18
THR:
$1.34
WOR:
19.20
THR:
45.53
WOR:
2.17
THR:
3.78
WOR:
2.90
THR:
3.77
WOR:
$1.38B
THR:
$536.26M
WOR:
$377.55M
THR:
$243.06M
WOR:
$209.55M
THR:
$89.74M
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Return for Risk
WOR vs. THR — Risk / Return Rank
WOR
THR
WOR vs. THR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Worthington Industries, Inc. (WOR) and Thermon Group Holdings, Inc. (THR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WOR | THR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.72 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.45 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 7.26 | -7.11 |
| Martin ratioReturn relative to average drawdown | 0.28 | 16.72 | -16.44 |
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Drawdowns
WOR vs. THR - Drawdown Comparison
The maximum WOR drawdown since its inception was -70.94%, which is greater than THR's maximum drawdown of -65.24%. Use the drawdown chart below to compare losses from any high point for WOR and THR.
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Drawdown Indicators
| WOR | THR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.94% | -65.24% | -5.70% |
Max Drawdown (1Y)Largest decline over 1 year | -29.83% | -17.24% | -12.59% |
Max Drawdown (3Y)Largest decline over 3 years | -42.42% | -33.86% | -8.56% |
Max Drawdown (5Y)Largest decline over 5 years | -42.42% | -33.86% | -8.56% |
Max Drawdown (10Y)Largest decline over 10 years | -64.53% | -63.47% | -1.06% |
Current DrawdownCurrent decline from peak | -8.21% | -14.19% | +5.98% |
Average DrawdownAverage peak-to-trough decline | -20.22% | -22.03% | +1.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.16% | 7.46% | +8.70% |
Volatility
WOR vs. THR - Volatility Comparison
The current volatility for Worthington Industries, Inc. (WOR) is 5.07%, while Thermon Group Holdings, Inc. (THR) has a volatility of 13.13%. This indicates that WOR experiences smaller price fluctuations and is considered to be less risky than THR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WOR | THR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.07% | 13.13% | -8.06% |
Volatility (6M)Calculated over the trailing 6-month period | 19.87% | 32.46% | -12.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.17% | 43.54% | -14.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.16% | 36.15% | +2.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.93% | 38.89% | +1.04% |
Dividends
WOR vs. THR - Dividend Comparison
WOR's dividend yield for the trailing twelve months is around 1.25%, while THR has not paid dividends to shareholders.
| Position | 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. | 1.25% | 1.40% | 1.65% | 49.97% | 2.37% | 1.99% | 1.91% | 2.23% | 2.53% | 1.86% | 1.64% | 2.46% |
Financials
WOR vs. THR - Financials Comparison
This section allows you to compare key financial metrics between Worthington Industries, Inc. and Thermon Group Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
WOR vs. THR - Profitability Comparison
WOR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Worthington Industries, Inc. reported a gross profit of 101.89M and revenue of 371.46M. Therefore, the gross margin over that period was 27.4%.
THR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Thermon Group Holdings, Inc. reported a gross profit of 65.28M and revenue of 148.33M. Therefore, the gross margin over that period was 44.0%.
WOR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Worthington Industries, Inc. reported an operating income of 17.58M and revenue of 371.46M, resulting in an operating margin of 4.7%.
THR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Thermon Group Holdings, Inc. reported an operating income of 10.78M and revenue of 148.33M, resulting in an operating margin of 7.3%.
WOR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Worthington Industries, Inc. reported a net income of 48.15M and revenue of 371.46M, resulting in a net margin of 13.0%.
THR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Thermon Group Holdings, Inc. reported a net income of 2.75M and revenue of 148.33M, resulting in a net margin of 1.9%.
Frequently Asked Questions
WOR and THR have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THR has higher volatility (13.13%) compared to WOR (5.07%). In terms of maximum drawdown, WOR dropped -70.94% vs THR's -65.24%.
THR currently has the higher Sharpe Ratio (2.87 vs 0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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