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Side-by-side financial comparison of Amalgamated Financial Corp. (AMAL) and Thermon Group Holdings, Inc. (THR). Click either name above to swap in a different company.

Thermon Group Holdings, Inc. is the larger business by last-quarter revenue ($147.3M vs $85.2M, roughly 1.7× Amalgamated Financial Corp.). On growth, Thermon Group Holdings, Inc. posted the faster year-over-year revenue change (9.6% vs 9.4%). Amalgamated Financial Corp. produced more free cash flow last quarter ($134.4M vs $13.1M).

CI Financial is a Canadian investment management company based in Toronto, Ontario. It offers investment management and wealth management services targeted to high net worth retail investors, as well as brokerage and trading services to portfolio managers and institutional investors.

Thermon Group Holdings, Inc. is a global provider of engineered thermal management solutions, specializing in heat tracing systems, heating cables, temperature monitoring controls, and associated installation support services. It serves core industrial segments including oil and gas, chemical processing, power generation, and food and beverage, with operating bases across North America, Europe, Asia-Pacific, and Latin America.

AMAL vs THR — Head-to-Head

Bigger by revenue
THR
THR
1.7× larger
THR
$147.3M
$85.2M
AMAL
Growing faster (revenue YoY)
THR
THR
+0.3% gap
THR
9.6%
9.4%
AMAL
More free cash flow
AMAL
AMAL
$121.3M more FCF
AMAL
$134.4M
$13.1M
THR

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AMAL
AMAL
THR
THR
Revenue
$85.2M
$147.3M
Net Profit
$18.3M
Gross Margin
46.6%
Operating Margin
39.0%
18.1%
Net Margin
12.4%
Revenue YoY
9.4%
9.6%
Net Profit YoY
-1.3%
EPS (diluted)
$0.88
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMAL
AMAL
THR
THR
Q4 25
$85.2M
$147.3M
Q3 25
$85.6M
$131.7M
Q2 25
$80.9M
$108.9M
Q1 25
$77.0M
Q4 24
$77.9M
Q3 24
$81.0M
Q2 24
$78.5M
Q1 24
$78.3M
Net Profit
AMAL
AMAL
THR
THR
Q4 25
$18.3M
Q3 25
$26.8M
$15.0M
Q2 25
$26.0M
$8.6M
Q1 25
$25.0M
Q4 24
Q3 24
$27.9M
Q2 24
$26.8M
Q1 24
$27.2M
Gross Margin
AMAL
AMAL
THR
THR
Q4 25
46.6%
Q3 25
46.4%
Q2 25
44.1%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
AMAL
AMAL
THR
THR
Q4 25
39.0%
18.1%
Q3 25
42.9%
16.4%
Q2 25
43.8%
10.8%
Q1 25
45.1%
Q4 24
42.4%
Q3 24
47.2%
Q2 24
45.6%
Q1 24
49.2%
Net Margin
AMAL
AMAL
THR
THR
Q4 25
12.4%
Q3 25
31.3%
11.4%
Q2 25
32.1%
7.9%
Q1 25
32.5%
Q4 24
Q3 24
34.5%
Q2 24
34.1%
Q1 24
34.8%
EPS (diluted)
AMAL
AMAL
THR
THR
Q4 25
$0.88
$0.55
Q3 25
$0.88
$0.45
Q2 25
$0.84
$0.26
Q1 25
$0.81
Q4 24
$0.78
Q3 24
$0.90
Q2 24
$0.87
Q1 24
$0.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMAL
AMAL
THR
THR
Cash + ST InvestmentsLiquidity on hand
$291.2M
$46.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$794.5M
$538.7M
Total Assets
$8.9B
$816.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMAL
AMAL
THR
THR
Q4 25
$291.2M
$46.9M
Q3 25
$115.5M
$29.7M
Q2 25
$171.1M
$36.5M
Q1 25
$65.7M
Q4 24
$60.7M
Q3 24
$149.2M
Q2 24
$58.0M
Q1 24
$155.2M
Stockholders' Equity
AMAL
AMAL
THR
THR
Q4 25
$794.5M
$538.7M
Q3 25
$775.6M
$515.2M
Q2 25
$754.0M
$509.3M
Q1 25
$736.0M
Q4 24
$707.7M
Q3 24
$698.2M
Q2 24
$646.0M
Q1 24
$616.8M
Total Assets
AMAL
AMAL
THR
THR
Q4 25
$8.9B
$816.7M
Q3 25
$8.7B
$778.2M
Q2 25
$8.6B
$765.3M
Q1 25
$8.3B
Q4 24
$8.3B
Q3 24
$8.4B
Q2 24
$8.3B
Q1 24
$8.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMAL
AMAL
THR
THR
Operating Cash FlowLast quarter
$135.8M
$18.0M
Free Cash FlowOCF − Capex
$134.4M
$13.1M
FCF MarginFCF / Revenue
157.8%
8.9%
Capex IntensityCapex / Revenue
1.6%
3.3%
Cash ConversionOCF / Net Profit
0.98×
TTM Free Cash FlowTrailing 4 quarters
$229.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMAL
AMAL
THR
THR
Q4 25
$135.8M
$18.0M
Q3 25
$39.5M
$7.4M
Q2 25
$24.9M
$10.7M
Q1 25
$34.2M
Q4 24
$124.1M
Q3 24
$35.8M
Q2 24
$28.0M
Q1 24
$31.3M
Free Cash Flow
AMAL
AMAL
THR
THR
Q4 25
$134.4M
$13.1M
Q3 25
$38.3M
$4.4M
Q2 25
$24.2M
$8.3M
Q1 25
$32.5M
Q4 24
$122.3M
Q3 24
$35.2M
Q2 24
$27.8M
Q1 24
$31.1M
FCF Margin
AMAL
AMAL
THR
THR
Q4 25
157.8%
8.9%
Q3 25
44.7%
3.3%
Q2 25
29.9%
7.6%
Q1 25
42.2%
Q4 24
157.0%
Q3 24
43.4%
Q2 24
35.4%
Q1 24
39.7%
Capex Intensity
AMAL
AMAL
THR
THR
Q4 25
1.6%
3.3%
Q3 25
1.4%
2.3%
Q2 25
0.9%
2.2%
Q1 25
2.3%
Q4 24
2.3%
Q3 24
0.7%
Q2 24
0.3%
Q1 24
0.3%
Cash Conversion
AMAL
AMAL
THR
THR
Q4 25
0.98×
Q3 25
1.47×
0.50×
Q2 25
0.96×
1.25×
Q1 25
1.37×
Q4 24
Q3 24
1.28×
Q2 24
1.05×
Q1 24
1.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMAL
AMAL

Segment breakdown not available.

THR
THR

Other$73.7M50%
Transferred At Point In Time$56.1M38%
Transferred Over Time$17.5M12%

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