Target Hospitality Corp.THNASDAQ

Revenue (LTM)

$321M

-17.0% YoY

Net Income (LTM)

$-37M

-152.1% YoY

Free Cash Flow

$7M

Revenue CAGR (5Y)

+7.3%

Marginsdeclining

FCF$0.0B

Now unprofitable

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Revenue	291	502↑72.3%	564↑12.3%	386↓31.5%	321↓17.0%
Gross Profit	101	247↑143.8%	313↑26.8%	178↓43.1%	26↓85.2%
Operating Income	37	174↑370.0%	241↑38.0%	109↓54.8%	-32↓129.5%
Net Income	-5	74↑1715.8%	174↑134.9%	71↓59.0%	-37↓152.1%
EBITDA	102	224↑119.4%	333↑48.3%	125↓62.4%	41↓67.0%
EPS Diluted	-0.05	0.74↑1661.2%	1.56↑110.8%	0.70↓55.1%	-0.37↓152.9%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Cash & Equivalents	23	182↑676.2%	104↓42.8%	191↑83.5%	8↓95.6%
Total Current Assets	61	236↑290.5%	181↓23.6%	249↑38.1%	73↓70.6%
Total Assets	513	772↑50.3%	694↓10.0%	726↑4.5%	530↓26.9%
Total Current Liabilities	73	191↑162.2%	70↓63.2%	233↑231.9%	84↓64.0%
Total Liabilities	416	571↑37.2%	317↓44.5%	305↓3.9%	141↓53.7%
Total Equity	97	201↑106.5%	377↑87.9%	421↑11.6%	389↓7.6%
Total Debt	332	355↑7.0%	201↓43.4%	210↑4.4%	11↓94.9%
Net Debt	308	173↓43.9%	97↓44.0%	19↓80.4%	2↓87.6%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Operating Cash Flow	105	306↑192.2%	157↓48.7%	152↓3.3%	74↓51.2%
Capital Expenditure	-35	-141↓296.9%	-68↑51.4%	-30↑55.8%	-67↓121.7%
Free Cash Flow	69	165↑138.4%	88↓46.4%	121↑37.4%	7↓94.2%
Stock-Based Comp	5	19↑278.5%	11↓41.9%	7↓34.6%	0
Net Change in Cash	16	158↑863.5%	-78↓149.1%	87↑211.6%	-182↓310.2%

Values in millions except EPS · Ratios shown as percentages · Click any metric to drill down

Explore More

Filter and sort all 500 stocks

Today's biggest gainers and losers

Visual sector performance