📊 TH Key Takeaways
Is Target Hospitality Corp. (TH) a Good Investment?
Target Hospitality demonstrates revenue growth of 16.7% YoY, but faces severe operational challenges with negative operating margins (-19.7%), persistent net losses, and negative free cash flow (-8.5M) despite positive operating cash flow. With minimal cash reserves ($5.5M), liquidity stress (current ratio 0.85x), and inability to cover interest expenses from operations, the company shows signs of financial distress that outweigh growth prospects.
Target Hospitality Corp. Key Strengths (TH)
- Strong revenue growth of 16.7% YoY demonstrates market demand
- Low debt-to-equity ratio (0.08x) provides financial flexibility and deleveraging capacity
- Substantial equity base of $376.9M acts as financial cushion for operations
TH Stock Risks: Target Hospitality Corp. Investment Risks
- Persistent unprofitability with -17.8% net margin and -19.7% operating margin despite revenue growth indicates fundamental operational inefficiency
- Negative free cash flow (-8.5M) with CapEx ($15.5M) exceeding operating cash flow ($7.0M), signaling unsustainable capital intensity
- Severe liquidity crisis with current ratio of 0.85x, minimal cash reserves ($5.5M), and negative interest coverage ratio (-23.8x)
Key Metrics to Watch
- Path to operating profitability and operating margin expansion
- Free cash flow inflection point and cash depletion runway
- Liquidity position and ability to refinance or raise capital
Target Hospitality Corp. (TH) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
TH Profit Margin, ROE & Profitability Analysis
TH vs Real Estate Sector: How Target Hospitality Corp. Compares
How Target Hospitality Corp. compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Target Hospitality Corp. Stock Overvalued? TH Valuation Analysis 2026
Based on fundamental analysis, Target Hospitality Corp. has mixed fundamental signals relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Target Hospitality Corp. Balance Sheet: TH Debt, Cash & Liquidity
TH Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Target Hospitality Corp.'s revenue has grown significantly by 40% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.56 reflects profitable operations.
TH Revenue Growth, EPS Growth & YoY Performance
TH Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $54.9M | -$6.5M | $-0.07 |
| Q3 2025 | $65.8M | -$795.0K | $-0.01 |
| Q2 2025 | $54.9M | -$14.9M | $-0.15 |
| Q1 2025 | $54.9M | -$6.5M | $-0.07 |
| Q3 2024 | $65.8M | $20.0M | $0.20 |
| Q2 2024 | $67.5M | $18.4M | $0.18 |
| Q1 2024 | $72.4M | $20.4M | $0.20 |
| Q3 2023 | $93.5M | $494.0K | $0.20 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Target Hospitality Corp. Dividends, Buybacks & Capital Allocation
TH SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Target Hospitality Corp. (CIK: 0001712189)
📋 Recent SEC Filings
❓ Frequently Asked Questions about TH
What is the AI rating for TH?
Target Hospitality Corp. (TH) has an AI grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are TH's key strengths?
Claude: Strong revenue growth of 16.7% YoY demonstrates market demand. Low debt-to-equity ratio (0.08x) provides financial flexibility and deleveraging capacity.
What are the risks of investing in TH?
Claude: Persistent unprofitability with -17.8% net margin and -19.7% operating margin despite revenue growth indicates fundamental operational inefficiency. Negative free cash flow (-8.5M) with CapEx ($15.5M) exceeding operating cash flow ($7.0M), signaling unsustainable capital intensity.
What is TH's revenue and growth?
Target Hospitality Corp. reported revenue of $72.8M.
Does TH pay dividends?
Target Hospitality Corp. does not currently pay dividends.
Where can I find TH SEC filings?
Official SEC filings for Target Hospitality Corp. (CIK: 0001712189) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is TH's EPS?
Target Hospitality Corp. has a diluted EPS of $-0.13.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is TH's fundamental grade?
Based on our AI fundamental analysis in June 2026, Target Hospitality Corp. has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is TH stock overvalued or undervalued?
Valuation metrics for TH: ROE of -3.4% (sector avg: 8%), net margin of -17.8% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
What is TH's AI grade for 2026?
Our dual AI analysis gives Target Hospitality Corp. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is TH's free cash flow?
Target Hospitality Corp.'s operating cash flow is $7.0M, with capital expenditures of $15.5M. FCF margin is -11.6%.
How does TH compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin -17.8% (avg: 20%), ROE -3.4% (avg: 8%), current ratio 0.85 (avg: 1.5).