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Side-by-side financial comparison of Stock Yards Bancorp, Inc. (SYBT) 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 $104.4M, roughly 1.4× Stock Yards Bancorp, Inc.). Stock Yards Bancorp, Inc. runs the higher net margin — 35.1% vs 12.4%, a 22.7% gap on every dollar of revenue. On growth, Stock Yards Bancorp, Inc. posted the faster year-over-year revenue change (11.7% vs 9.6%). Stock Yards Bancorp, Inc. produced more free cash flow last quarter ($154.0M vs $13.1M).

Community Trust Bancorp is an American regional bank holding company that was founded in 1903 as Pikeville National Bank. The renamed corporation continues to have its headquarters in Pikeville, Kentucky, at the heart of Appalachia. Community Trust Bancorp operates a commercial bank, Community Trust Bank, and a trust company, Community Trust and Investment Company of Lexington.

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.

SYBT vs THR — Head-to-Head

Bigger by revenue
THR
THR
1.4× larger
THR
$147.3M
$104.4M
SYBT
Growing faster (revenue YoY)
SYBT
SYBT
+2.0% gap
SYBT
11.7%
9.6%
THR
Higher net margin
SYBT
SYBT
22.7% more per $
SYBT
35.1%
12.4%
THR
More free cash flow
SYBT
SYBT
$140.9M more FCF
SYBT
$154.0M
$13.1M
THR

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
SYBT
SYBT
THR
THR
Revenue
$104.4M
$147.3M
Net Profit
$36.6M
$18.3M
Gross Margin
46.6%
Operating Margin
45.9%
18.1%
Net Margin
35.1%
12.4%
Revenue YoY
11.7%
9.6%
Net Profit YoY
15.5%
-1.3%
EPS (diluted)
$1.24
$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
SYBT
SYBT
THR
THR
Q4 25
$104.4M
$147.3M
Q3 25
$101.5M
$131.7M
Q2 25
$97.8M
$108.9M
Q1 25
$93.5M
Q4 24
$93.5M
Q3 24
$89.8M
Q2 24
$85.7M
Q1 24
$83.3M
Net Profit
SYBT
SYBT
THR
THR
Q4 25
$36.6M
$18.3M
Q3 25
$36.2M
$15.0M
Q2 25
$34.0M
$8.6M
Q1 25
$33.3M
Q4 24
$31.7M
Q3 24
$29.4M
Q2 24
$27.6M
Q1 24
$25.9M
Gross Margin
SYBT
SYBT
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
SYBT
SYBT
THR
THR
Q4 25
45.9%
18.1%
Q3 25
45.0%
16.4%
Q2 25
43.9%
10.8%
Q1 25
44.5%
Q4 24
41.9%
Q3 24
41.2%
Q2 24
41.2%
Q1 24
39.5%
Net Margin
SYBT
SYBT
THR
THR
Q4 25
35.1%
12.4%
Q3 25
35.7%
11.4%
Q2 25
34.8%
7.9%
Q1 25
35.6%
Q4 24
33.9%
Q3 24
32.7%
Q2 24
32.2%
Q1 24
31.1%
EPS (diluted)
SYBT
SYBT
THR
THR
Q4 25
$1.24
$0.55
Q3 25
$1.23
$0.45
Q2 25
$1.15
$0.26
Q1 25
$1.13
Q4 24
$1.07
Q3 24
$1.00
Q2 24
$0.94
Q1 24
$0.88

Balance Sheet & Financial Strength

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

Metric
SYBT
SYBT
THR
THR
Cash + ST InvestmentsLiquidity on hand
$46.9M
Total DebtLower is stronger
$26.8M
Stockholders' EquityBook value
$1.1B
$538.7M
Total Assets
$9.5B
$816.7M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SYBT
SYBT
THR
THR
Q4 25
$46.9M
Q3 25
$29.7M
Q2 25
$36.5M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
SYBT
SYBT
THR
THR
Q4 25
$26.8M
Q3 25
$26.8M
Q2 25
Q1 25
$26.8M
Q4 24
$26.8M
Q3 24
$26.8M
Q2 24
$26.8M
Q1 24
$26.8M
Stockholders' Equity
SYBT
SYBT
THR
THR
Q4 25
$1.1B
$538.7M
Q3 25
$1.0B
$515.2M
Q2 25
$1.0B
$509.3M
Q1 25
$975.5M
Q4 24
$940.5M
Q3 24
$934.1M
Q2 24
$894.5M
Q1 24
$874.7M
Total Assets
SYBT
SYBT
THR
THR
Q4 25
$9.5B
$816.7M
Q3 25
$9.3B
$778.2M
Q2 25
$9.2B
$765.3M
Q1 25
$9.0B
Q4 24
$8.9B
Q3 24
$8.4B
Q2 24
$8.3B
Q1 24
$8.1B
Debt / Equity
SYBT
SYBT
THR
THR
Q4 25
0.02×
Q3 25
0.03×
Q2 25
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.03×
Q2 24
0.03×
Q1 24
0.03×

Cash Flow & Capital Efficiency

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

Metric
SYBT
SYBT
THR
THR
Operating Cash FlowLast quarter
$166.0M
$18.0M
Free Cash FlowOCF − Capex
$154.0M
$13.1M
FCF MarginFCF / Revenue
147.5%
8.9%
Capex IntensityCapex / Revenue
11.5%
3.3%
Cash ConversionOCF / Net Profit
4.54×
0.98×
TTM Free Cash FlowTrailing 4 quarters
$260.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SYBT
SYBT
THR
THR
Q4 25
$166.0M
$18.0M
Q3 25
$38.2M
$7.4M
Q2 25
$55.9M
$10.7M
Q1 25
$19.8M
Q4 24
$142.9M
Q3 24
$55.4M
Q2 24
$51.1M
Q1 24
$17.4M
Free Cash Flow
SYBT
SYBT
THR
THR
Q4 25
$154.0M
$13.1M
Q3 25
$35.2M
$4.4M
Q2 25
$53.5M
$8.3M
Q1 25
$17.8M
Q4 24
$133.0M
Q3 24
$53.9M
Q2 24
$47.9M
Q1 24
$15.6M
FCF Margin
SYBT
SYBT
THR
THR
Q4 25
147.5%
8.9%
Q3 25
34.6%
3.3%
Q2 25
54.7%
7.6%
Q1 25
19.1%
Q4 24
142.3%
Q3 24
60.0%
Q2 24
55.9%
Q1 24
18.7%
Capex Intensity
SYBT
SYBT
THR
THR
Q4 25
11.5%
3.3%
Q3 25
3.0%
2.3%
Q2 25
2.5%
2.2%
Q1 25
2.1%
Q4 24
10.5%
Q3 24
1.7%
Q2 24
3.8%
Q1 24
2.2%
Cash Conversion
SYBT
SYBT
THR
THR
Q4 25
4.54×
0.98×
Q3 25
1.05×
0.50×
Q2 25
1.64×
1.25×
Q1 25
0.59×
Q4 24
4.51×
Q3 24
1.89×
Q2 24
1.85×
Q1 24
0.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SYBT
SYBT

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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