Target Hospitality
TH
18.26
-0.28
-1.51%
Target Hospitality
US · TH
#2833 by market cap
Listed 1970
18.26
-0.28
-1.51%
Live - 5344 symbols - heartbeat 91s ago
· 2026-10-08 07:58
Pre-market
18.26
0.00%
After-hours
18.10
-0.90%
- Market cap
- 1.79B
- P/E (TTM)i
- -49.35
- P/Bi
- 4.83
- EPSi
- -0.37
- Div yieldi
- 0.00%
- 52W posi
- 78%
Reader sentiment
Are you bullish or bearish on TH?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 8.75, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -16.99% YoY
Margins
- Gross margin
- 13.30%
- Operating margin
- -10.84%
- Net margin
- -11.58%
Key ratios & quality
- Altman Z-Scorei
- 8.75
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 240.60M | 321.10M | 225.15M | 291.34M | 501.99M | 563.61M | 386.27M | 320.64M |
| Gross profit | 90.23M | 147.01M | 57.16M | 101.35M | 247.13M | 313.32M | 178.18M | 42.66M |
| Selling & admin expenses | 41.34M | 76.65M | 38.13M | 46.46M | 57.89M | 56.13M | 54.26M | 58.51M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 49.65M | 48.01M | 4.10M | 37.10M | 174.37M | 240.61M | 108.78M | -34.75M |
| Pretax profit | 16.71M | 19.58M | -33.59M | -2.67M | 106.31M | 224.75M | 92.84M | -43.20M |
| Tax | 11.76M | 7.61M | -8.46M | 1.90M | 32.37M | 51.05M | 21.43M | -6.13M |
| Net profit | 4.96M | 11.97M | -25.13M | -4.58M | 73.94M | 173.70M | 71.41M | -37.08M |
| Basic EPS | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 0 |
| Diluted EPS | 0.12 | 0.13 | -0.26 | -0.05 | 0.74 | 1.56 | 0.70 | -0.37 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 69.90M | 61.61M | 99.36M | 89.78M | 72.78M | 85.46M |
| Gross profit | 17.96M | -328.00K | 17.95M | 7.08M | 6.88M | 15.80M |
| Selling & admin expenses | 14.81M | 12.66M | 12.92M | 18.12M | 14.56M | 18.75M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -1.08M | -16.92M | 69.00K | -16.82M | -14.32M | -7.50M |
| Pretax profit | -7.78M | -17.86M | -389.00K | -17.19M | -15.22M | -8.51M |
| Tax | -1.32M | -2.94M | 368.00K | -2.24M | -2.25M | 473.00K |
| Net profit | -6.46M | -14.92M | -757.00K | -14.94M | -12.96M | -8.98M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.07 | -0.15 | -0.01 | -0.15 | -0.13 | -0.09 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 74.99M | 60.80M | 43.56M | 60.54M | 236.38M | 180.50M | 249.34M | 73.34M |
| Cash & ST investments | 12.19M | 6.79M | 6.98M | 23.41M | 181.67M | 103.93M | 190.67M | 8.35M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 565.03M | 600.79M | 534.24M | 513.39M | 771.73M | 694.35M | 725.77M | 530.21M |
| Total current liabilities | 65.15M | 60.92M | 45.53M | 72.80M | 190.90M | 70.33M | 233.40M | 84.04M |
| Short-term debt | 2.45M | 989.00K | 3.57M | 729.00K | 13.65M | 13.28M | 190.74M | 7.89M |
| Long-term debt | 128.60M | 403.26M | 374.50M | 330.21M | 328.85M | 178.09M | -- | -- |
| Total liabilities | 216,041,000.00 | 480,270,000.00 | 435,349,000.00 | 416,121,000.00 | 570,880,000.00 | 317,046,000.00 | 304,684,000.00 | 141,145,000.00 |
| Total equity | 348.99M | 120.52M | 98.89M | 97.27M | 200.85M | 377.31M | 421.09M | 389.06M |
| Retained earnings | 31.48M | 43.45M | 18.32M | 13.74M | 87.68M | 261.12M | 332.38M | 295.26M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 99.59M | 83.05M | 79.44M | 73.34M | 58.61M | 63.87M |
| Cash & ST investments | 34.47M | 19.24M | 30.39M | 8.35M | 5.46M | 6.07M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 562.52M | 533.71M | 541.16M | 530.21M | 539.54M | 654.19M |
| Total current liabilities | 50.51M | 56.62M | 82.42M | 84.04M | 69.23M | 98.86M |
| Short-term debt | 8.93M | 9.52M | 9.63M | 7.89M | 6.86M | 5.84M |
| Long-term debt | 40.90M | 24.00M | -- | -- | 30.00M | 40.00M |
| Total liabilities | 147,252,000.00 | 132,529,000.00 | 138,909,000.00 | 141,145,000.00 | 162,918,000.00 | 284,403,000.00 |
| Total equity | 415.27M | 401.19M | 402.25M | 389.06M | 376.62M | 369.79M |
| Retained earnings | 325.92M | 310.99M | 310.19M | 295.26M | 282.34M | 273.31M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 26.20M | 60.50M | 46.78M | 104.60M | 305.61M | 156.80M | 151.68M | 74.09M |
| Depreciation & amortization | 39.13M | 58.90M | 65.61M | 70.52M | 67.67M | 83.98M | 72.81M | 73.39M |
| Free cash flow | -53.48M | -24.68M | 34.22M | 68.68M | 164.77M | 88.38M | 121.43M | 6.30M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | -18.24M | -5.32M | -- | 0 | 0 | -33.50M | 0 |
| Ending cash balance | 12.45M | 6.84M | 6.98M | 23.41M | 181.67M | 103.93M | 190.67M | 8.35M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 3.94M | 11.06M | 53.36M | 5.74M | 7.04M | 103.98M |
| Depreciation & amortization | 17.65M | 17.67M | 18.46M | 19.61M | 19.60M | 21.54M |
| Free cash flow | -13.27M | 3.36M | 37.10M | -20.88M | -25.73M | 19.34M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | 0 | -- | -- |
| Ending cash balance | 34.47M | 19.24M | 30.39M | 8.35M | 5.46M | 6.07M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 159.95 | 9.71 | -24.66 | -4.65 | 49.60 | 60.09 | 17.85 | -9.16 |
| ROA %i | 2.42 | 1.34 | -4.84 | -0.87 | 11.51 | 23.70 | 10.04 | -5.91 |
| ROIC %i | -3.90 | 6.02 | 0.02 | 4.52 | 19.51 | 33.34 | 13.77 | -6.31 |
| 5-year avg ROE %i | -- | -- | -- | 1,207.63 | 5.99 | 17.44 | 19.99 | 22.74 |
| EBIT margin %i | -- | 13.72 | 0.07 | 10.88 | 27.80 | 44.12 | 29.79 | -11.08 |
| FCF / sales %i | -- | -- | 15.20 | 23.58 | 32.82 | 15.68 | 31.44 | 1.97 |
| Current ratioi | 1.15 | 1.00 | 0.96 | 0.83 | 1.24 | 2.57 | 1.07 | 0.87 |
| Quick ratioi | 1.09 | 0.92 | 0.80 | 0.72 | 1.17 | 2.43 | 1.03 | 0.77 |
| Debt / assetsi | 23.19 | 67.45 | 70.82 | 64.60 | 45.96 | 28.92 | 28.89 | 2.02 |
| LT debt / equityi | 36.85 | 335.42 | 378.98 | 340.19 | 169.80 | 49.71 | 4.49 | 0.72 |
| Interest coveragei | -- | 1.46 | 0.00 | 0.92 | 4.20 | 10.40 | 5.18 | -4.62 |
| Revenue CAGR (3Y) %i | -- | -- | 18.81 | 6.59 | 16.06 | 35.78 | 9.86 | -13.88 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | 83.47 | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | 11.69 | -- | -- | 37.20 | 20.92 | -66.31 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 11.23 | 2.78 | -2.36 | -9.16 | -11.00 | -9.77 |
| ROA %i | 7.11 | 1.80 | -1.55 | -5.91 | -7.91 | -6.34 |
| ROIC %i | 10.73 | 3.85 | -0.53 | -6.31 | -9.45 | -8.37 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 23.23 | 10.79 | 1.22 | -11.08 | -14.90 | -11.23 |
| FCF / sales %i | 19.04 | 12.24 | 16.36 | 1.97 | -- | 2.83 |
| Current ratioi | 1.97 | 1.47 | 0.96 | 0.87 | 0.85 | 0.65 |
| Quick ratioi | 1.81 | 1.35 | 0.89 | 0.77 | 0.74 | 0.57 |
| Debt / assetsi | 9.73 | 7.09 | 2.45 | 2.02 | 7.23 | 7.38 |
| LT debt / equityi | 11.03 | 7.06 | 0.91 | 0.72 | 8.53 | 11.47 |
| Interest coveragei | 3.59 | 1.85 | 0.29 | -4.62 | -19.83 | -17.09 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Workforce Hospitality Solutions (WHS) is the largest reported line at 42.51% of revenue, across 4 reported segments.
- No single line clears half of revenue; Hospitality & Facilities Services (HFS) - South is next at 38.19%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Workforce Hospitality Solutions (WHS)42.51%
Hospitality & Facilities Services (HFS) - South38.19%
Government15.79%
All other3.50%
Quote time 2026-10-08 07:58:20 · For reference only, not investment advice and not tailored to your situation.