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Side-by-side financial comparison of PEOPLES BANCORP INC (PEBO) 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 $118.7M, roughly 1.2× PEOPLES BANCORP INC). PEOPLES BANCORP INC runs the higher net margin — 24.4% vs 12.4%, a 12.0% gap on every dollar of revenue.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

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.

PEBO vs THR — Head-to-Head

Bigger by revenue
THR
THR
1.2× larger
THR
$147.3M
$118.7M
PEBO
Higher net margin
PEBO
PEBO
12.0% more per $
PEBO
24.4%
12.4%
THR

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
PEBO
PEBO
THR
THR
Revenue
$118.7M
$147.3M
Net Profit
$29.0M
$18.3M
Gross Margin
46.6%
Operating Margin
18.1%
Net Margin
24.4%
12.4%
Revenue YoY
9.6%
Net Profit YoY
-8.7%
-1.3%
EPS (diluted)
$0.81
$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
PEBO
PEBO
THR
THR
Q1 26
$118.7M
Q4 25
$117.3M
$147.3M
Q3 25
$115.2M
$131.7M
Q2 25
$114.5M
$108.9M
Q1 25
$112.4M
Q4 24
$111.6M
Q3 24
$113.7M
Q2 24
$110.3M
Net Profit
PEBO
PEBO
THR
THR
Q1 26
$29.0M
Q4 25
$31.8M
$18.3M
Q3 25
$29.5M
$15.0M
Q2 25
$21.2M
$8.6M
Q1 25
$24.3M
Q4 24
$26.9M
Q3 24
$31.7M
Q2 24
$29.0M
Gross Margin
PEBO
PEBO
THR
THR
Q1 26
Q4 25
46.6%
Q3 25
46.4%
Q2 25
44.1%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
PEBO
PEBO
THR
THR
Q1 26
Q4 25
32.4%
18.1%
Q3 25
33.0%
16.4%
Q2 25
24.0%
10.8%
Q1 25
27.9%
Q4 24
31.2%
Q3 24
36.0%
Q2 24
32.5%
Net Margin
PEBO
PEBO
THR
THR
Q1 26
24.4%
Q4 25
27.1%
12.4%
Q3 25
25.6%
11.4%
Q2 25
18.5%
7.9%
Q1 25
21.7%
Q4 24
24.1%
Q3 24
27.9%
Q2 24
26.3%
EPS (diluted)
PEBO
PEBO
THR
THR
Q1 26
$0.81
Q4 25
$0.89
$0.55
Q3 25
$0.83
$0.45
Q2 25
$0.59
$0.26
Q1 25
$0.68
Q4 24
$0.76
Q3 24
$0.89
Q2 24
$0.82

Balance Sheet & Financial Strength

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

Metric
PEBO
PEBO
THR
THR
Cash + ST InvestmentsLiquidity on hand
$82.9M
$46.9M
Total DebtLower is stronger
$691.3M
Stockholders' EquityBook value
$1.2B
$538.7M
Total Assets
$9.6B
$816.7M
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PEBO
PEBO
THR
THR
Q1 26
$82.9M
Q4 25
$189.0M
$46.9M
Q3 25
$190.2M
$29.7M
Q2 25
$186.1M
$36.5M
Q1 25
$187.0M
Q4 24
$217.7M
Q3 24
$283.7M
Q2 24
$235.9M
Total Debt
PEBO
PEBO
THR
THR
Q1 26
$691.3M
Q4 25
$204.1M
Q3 25
$227.3M
Q2 25
$232.4M
Q1 25
$237.0M
Q4 24
$238.1M
Q3 24
$236.8M
Q2 24
$234.3M
Stockholders' Equity
PEBO
PEBO
THR
THR
Q1 26
$1.2B
Q4 25
$1.2B
$538.7M
Q3 25
$1.2B
$515.2M
Q2 25
$1.2B
$509.3M
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Total Assets
PEBO
PEBO
THR
THR
Q1 26
$9.6B
Q4 25
$9.6B
$816.7M
Q3 25
$9.6B
$778.2M
Q2 25
$9.5B
$765.3M
Q1 25
$9.2B
Q4 24
$9.3B
Q3 24
$9.1B
Q2 24
$9.2B
Debt / Equity
PEBO
PEBO
THR
THR
Q1 26
0.57×
Q4 25
0.17×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.21×
Q4 24
0.21×
Q3 24
0.21×
Q2 24
0.22×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PEBO
PEBO
THR
THR
Q1 26
Q4 25
$134.7M
$18.0M
Q3 25
$14.4M
$7.4M
Q2 25
$50.7M
$10.7M
Q1 25
$34.3M
Q4 24
$143.2M
Q3 24
$34.1M
Q2 24
$32.1M
Free Cash Flow
PEBO
PEBO
THR
THR
Q1 26
Q4 25
$128.7M
$13.1M
Q3 25
$12.7M
$4.4M
Q2 25
$49.2M
$8.3M
Q1 25
$31.5M
Q4 24
$136.4M
Q3 24
$33.2M
Q2 24
$30.2M
FCF Margin
PEBO
PEBO
THR
THR
Q1 26
Q4 25
109.7%
8.9%
Q3 25
11.0%
3.3%
Q2 25
43.0%
7.6%
Q1 25
28.1%
Q4 24
122.2%
Q3 24
29.2%
Q2 24
27.4%
Capex Intensity
PEBO
PEBO
THR
THR
Q1 26
Q4 25
5.1%
3.3%
Q3 25
1.5%
2.3%
Q2 25
1.3%
2.2%
Q1 25
2.4%
Q4 24
6.1%
Q3 24
0.8%
Q2 24
1.7%
Cash Conversion
PEBO
PEBO
THR
THR
Q1 26
Q4 25
4.24×
0.98×
Q3 25
0.49×
0.50×
Q2 25
2.39×
1.25×
Q1 25
1.41×
Q4 24
5.32×
Q3 24
1.08×
Q2 24
1.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PEBO
PEBO

Net Interest Income$90.4M76%
Noninterest Income$28.3M24%

THR
THR

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

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