Educational research on US and Indian equities, ETFs, mutual funds and crypto, with screeners and a free investing academy.
All data is for educational purposes only and should not be considered investment advice.
Equiscale is operated by Syntellia LLC, a Delaware limited liability company.
© 2026 Syntellia LLC. All rights reserved.
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. It operates through Hospitality & Facilities Services South, Workforce Hospitality Solutions, and Government segments. The company owns a network of specialty rental accommodation units. It also provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services. In addition, the company offers construction services. It serves the U.S. government contractors and investment grade natural resource development companies. Target Hospitality Corp. was founded in 1978 and is headquartered in The Woodlands, Texas.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $321M | $38M | $-37M | $6M | -9.5% | -17.0% | -152.1% |
| 2024 | $386M | $188M | $71M | $121M | 16.9% | -31.5% | -59.0% |
| 2023 | $564M | $333M | $174M | $88M | 46.0% | 12.3% | 134.9% |
| 2022 | $502M | $207M | $74M | $165M | 36.8% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 320.64 |
| Operating Revenue | 320.64 |
| Cost Of Revenue | 277.98 |
| Gross Profit | 42.66 |
| Operating Expense | 77.41 |
| Selling General And Administration | 58.51 |
| Total Expenses | 355.38 |
| Operating Income | -34.75 |
| Total Operating Income As Reported | -34.75 |
| EBITDA | 37.86 |
| Normalized EBITDA | 40.24 |
| EBIT | -35.52 |
| Interest Income | 2.33 |
| Interest Expense | 7.68 |
| Net Interest Income | -6.09 |
| Other Income Expense | -2.37 |
| Interest Income Non Operating | 2.33 |
| Interest Expense Non Operating | 7.68 |
| Net Non Operating Interest Income Expense | -6.09 |
| Pretax Income | -43.20 |
| Tax Provision | -6.13 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | -0.34 |
| Net Income Continuous Operations | -37.08 |
| Net Income From Continuing And Discontinued Operation | -37.12 |
| Net Income From Continuing Operation Net Minority Interest | -37.12 |
| Net Income | -37.12 |
| Net Income Common Stockholders | -37.12 |
| Net Income Including Noncontrolling Interests | -37.08 |
| Normalized Income | -35.09 |
| Diluted NI Availto Com Stockholders | -37.12 |
| Basic Average Shares | 99.52 |
| Diluted Average Shares | 99.52 |
| Reconciled Depreciation | 73.39 |
| Reconciled Cost Of Revenue | 220.79 |
| Total Unusual Items | -2.37 |
| Total Unusual Items Excluding Goodwill | -2.37 |
| Minority Interests | -0.04 |
| Special Income Charges | -2.37 |
| Other Special Charges | 2.37 |
| Restructuring And Mergern Acquisition | - |
| Gain On Sale Of Security | - |
| Depreciation Amortization Depletion Income Statement | 16.20 |
| Depreciation And Amortization In Income Statement | 16.20 |
| Total Other Finance Cost | 0.74 |
| Other Operating Expenses | 2.69 |
| Average Dilution Earnings | 0 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Target Hospitality Corp.this co. | TH | $1.7B | -45.10 | 4.30 | -9.5% | 44.27 |
| JetBlue Airways Corporation | JBLU | $1.8B | -2.99 | 0.85 | -28.4% | 18.80 |
| CBIZ, Inc. | CBZ | $1.8B | 15.50 | 1.02 | 6.6% | 9.83 |
| Proto Labs, Inc. | PRLB | $1.8B | 83.79 | 2.64 | 3.2% | 27.86 |
| Enerpac Tool Group Corp. | EPAC | $1.8B | 18.89 |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.04 |
| 21.4% |
| 12.23 |
| Vestis Corporation | VSTS | $1.7B | -43.48 | 2.02 | -4.6% | 16.43 |
| Huron Consulting Group Inc. | HURN | $1.7B | 16.54 | 3.29 | 19.9% | 10.27 |
| Ameresco, Inc. | AMRC | $1.7B | 39.14 | 1.60 | 4.1% | 15.21 |
| Hertz Global Holdings, Inc. | HTZ | $1.6B | -2.16 | -3.51 | 162.7% | 8.11 |
| Peer Median | - | 16.02 | 1.81 | 5.3% | 13.72 | |