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Target Hospitality Corp. (TH)
NASDAQ: TH · Real-Time Price · USD
17.83
-0.02 (-0.11%)
At close: Aug 24, 2026, 4:00 PM EDT
17.66
-0.17 (-0.98%)
After-hours: Aug 24, 2026, 7:30 PM EDT

Target Hospitality Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
347.37320.64386.27563.61501.99291.34
Revenue Growth
11.92%-16.99%-31.46%12.28%72.30%29.40%
Gross Profit
110.6299.84235.34381.95299.96154.96
Operating Income
-34.78-30.95113.36245.62174.5538.68
Net Income
-37.68-37.1271.27173.773.94-4.58
Earnings Per Share
-0.38-0.370.701.560.74-0.05
EPS Growth
---55.22%111.25%--

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Workforce Hospitality Solutions
136.596.8----
Government
64.5370.79224.65403.72360.29156.25
ALL Other
11.1811.3511.6911.219.3218.13
Hospitality & Facilities Services – South
135.16141.69149.93148.68132.37116.96
Total
347.37320.64386.27563.61501.99291.34

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6.0710.45192.57105.83183.5725.21
Total Debt
48.2810.7209.65200.83354.69331.64
Net Cash (Debt)
-42.21-0.25-17.08-95-171.12-306.43
Net Cash Growth
------
Net Cash Per Share
-0.42-0.00-0.17-0.90-1.71-3.17

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
170.1174.09151.68156.8305.61104.6
Capital Expenditures
-160.29-67.79-30.24-63.87-140.84-35.92
Free Cash Flow
9.826.3121.4392.93164.7768.68
Free Cash Flow Growth
-74.15%-94.81%30.67%-43.60%139.89%100.70%

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
31.85%31.14%60.93%67.77%59.76%53.19%
Operating Margin
-10.01%-9.65%29.35%43.58%34.77%13.28%
Pretax Margin
-11.89%-13.47%24.03%39.88%21.18%-0.92%
Profit Margin
-10.85%-11.58%18.45%30.82%14.73%-1.57%
FCF Margin
2.83%1.97%31.44%16.49%32.82%23.57%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--13.425.7019.92-
Forward PE
77.86263.0925.6614.639.0168.86
P/FCF Ratio
180.83126.827.8810.648.945.02
PS Ratio
5.112.492.481.762.931.18