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Target Hospitality Corp. (TH)
NASDAQ: TH · Real-Time Price · USD
11.59
-0.39 (-3.26%)
At close: Nov 13, 2026, 4:00 PM EST
11.59
0.00 (0.00%)
After-hours: Nov 13, 2026, 4:15 PM EST

Target Hospitality Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
377.08320.64386.27563.61501.99291.34
Revenue Growth
19.88%-16.99%-31.46%12.28%72.30%29.40%
Gross Profit
129.1499.84235.34381.95299.96154.96
Operating Income
-30.35-30.95113.36245.62174.5538.68
Net Income
-46.1-37.1271.27173.773.94-4.58
Earnings Per Share
-0.46-0.370.701.560.74-0.05
EPS Growth
---55.22%111.25%--

Revenue by Segment
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Hospitality & Facilities Services – South
132.23141.69149.93148.68132.37116.96
Government
54.3170.79224.65403.72360.29156.25
Workforce Hospitality Solutions
179.1996.8----
ALL Other
11.3611.3511.6911.219.3218.13
Total
377.08320.64386.27563.61501.99291.34

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
3.3710.45192.57105.83183.5725.21
Total Debt
236.1710.7209.65200.83354.69331.64
Net Cash (Debt)
-232.8-0.25-17.08-95-171.12-306.43
Net Cash Growth
------
Net Cash Per Share
-2.33-0.00-0.17-0.90-1.71-3.17

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
159.9374.09151.68156.8305.61104.6
Capital Expenditures
-309.92-67.79-30.24-63.87-140.84-35.92
Free Cash Flow
-149.996.3121.4392.93164.7768.68
Free Cash Flow Growth
--94.81%30.67%-43.60%139.89%100.70%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
34.25%31.14%60.93%67.77%59.76%53.19%
Operating Margin
-8.05%-9.65%29.35%43.58%34.77%13.28%
Pretax Margin
-11.16%-13.47%24.03%39.88%21.18%-0.92%
Profit Margin
-12.22%-11.58%18.45%30.82%14.73%-1.57%
FCF Margin
-39.78%1.97%31.44%16.49%32.82%23.57%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--13.425.7019.92-
Forward PE
16.23263.0925.6614.639.0168.86
P/FCF Ratio
-126.827.8810.648.945.02
PS Ratio
3.012.492.481.762.931.18