Target Hospitality Corp.
NASDAQ•TH
CEO: Mr. James Bradley Archer
Sector: Industrials
Industry: Specialty Business Services
Listing Date: 2018-03-12
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through two segments, Hospitality & Facilities Services - South and Government. It owns a network of specialty rental accommodation units. In addition, the company provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry 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.
Contact Information
9320 Lakeside Boulevard, Suite 300, The Woodlands, TX, 77381, United States
800-832-4242
Market Cap
$936.93M
P/E (TTM)
-24.5
33.8
Dividend Yield
--
52W High
$9.90
52W Low
$5.56
52W Range
Rank52Top 73.5%
2.9
F-Score
Modified Piotroski Analysis
Based on 9-year fundamentals
Weak • 2.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2017-2025
Financial Dashboard
Q4 2025 Data
Revenue
$89.78M+0.00%
4-Quarter Trend
EPS
-$0.15+0.00%
4-Quarter Trend
FCF
-$12.12M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Total Revenue Down Sharply Total revenues $320.6M, down (17)% compared to $386.3M in 2024, driven by Government segment loss.
Net Income Reverses Loss Consolidated net loss ($37.1M) in 2025 versus net income $71.3M in 2024, due to high-margin contract loss.
WHS Segment Revenue Surge WHS segment revenue reached $96.8M, a 100% increase from zero in 2024, driven by construction fees.
Revenue Highly Contracted Approximately 100% of 2025 revenues were under contract, providing high visibility on future financial performance.
Risk Factors
Customer Concentration Remains High Top three customers accounted for 28%, 11%, and 11% of 2025 revenue, increasing dependency risk.
Loss of High-Margin Revenue PCC Contract termination removed significant high-margin revenue, pressuring consolidated gross profit margins.
Operating Costs Increase Risk Significant increases in raw material and labor costs could increase operating expenses and harm profitability.
Occupancy Level Fluctuations Revenue sensitive to occupancy fluctuations; fixed cost structure means lower occupancy causes revenue decline.
Outlook
Margin Improvement Expected 2026 Anticipate margin improvement through 2026 led by new contracts like Expanded Community and Power Contracts.
Focus on WHS Expansion Pursue organic growth, acquisitions, and diversification across WHS segment supporting data center infrastructure.
Disciplined Capital Deployment Growth capital expenditures are selectively pursued, generally underwritten by long-term contracted revenue visibility.
Maintain Strong Liquidity Position Total liquidity of $183.3M, including $175M unused ABL capacity, supports near-term growth strategy funding.
Peer Comparison
Revenue (TTM)
$4.57B
$3.04B
$1.46B
Gross Margin (Latest Quarter)
39.0%
33.8%
31.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| GLDD | $1.13B | 15.4 | 14.8% | 34.6% |
| NAT | $1.11B | 91.4 | 2.6% | 47.0% |
| PRSU | $1.05B | 44.9 | 4.1% | 20.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
8.7%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Mar 25, 2026
EPS:-$0.10
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data