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Companies/Target Hospitality Corp.
Company profile

Target Hospitality Corp.

NASDAQ: TH · Industrials · Specialty Business Services
PublicHQ The Woodlands, TX · MontgomeryCIK 0001712189Reports USD
#398 of 959 Industrials companies by revenue47th-percentile growth
EA Score
43D
FH 51DQ 30GM 42SS 51
v0.1 · 65/100 weight · provisional
↑ Altman-Z, balance-sheet leverage · ↓ listing tenure, 3-yr revenue growth
Methodology →
Revenue TTM
$323.5M
Rev growth YoY (TTM)
-7.4%
Net income (FY)
-$37.1M
Employees
770
Market cap
$1.8B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$274.8M$274.8M2025
Net income-$37.1M-$37.1M2025
Operating income-$34.7M-$34.7M2025
Total assets$530.2M$530.2M2025
Liabilities$141.1M$141.1M2025
Equity$389.3M$389.3M2025

Revenue trend

FY2020 – FY2025 · USD
$53.6M
FY20
$48.3M
FY20
$172.2M
FY20
$214.4M
FY21
$333.7M
FY22
$365.6M
FY23
$265.9M
FY24
$274.8M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Service80%
Hotel20%
By geography

Not disclosed.

The read

Target Hospitality Corp. booked $274.8M in FY2025 revenue, growing 3.4% year over year — about the middle of the pack among Industrials companies we track, at a -13.5% net margin.

Peers · Industrials
Enerpac Tool Group Corp.81B+Arxis, Inc. Class A Common Stock——Proto Labs, Inc.72BEnviri Corporation——
Neighbors
Montgomery →
Sterling Infrastructure, Inc.$2.5B80B+Western Midstream Partners, LP$3.8B74BKodiak Gas Services, Inc.$1.3B58CHoward Hughes Holdings Inc.——Excelerate Energy, Inc.$1.2B47DHuntsman Corporation$5.7B65B
Key facts
CEOJames Bradley Archer
SectorIndustrials
IndustrySpecialty Business Services
HeadquartersThe Woodlands, TX
ExchangeNASDAQ: TH
Employees770
IPO date2018-03-12
Latest filings
8-K2026-05-288-K2026-05-2110-Q2026-05-118-K2026-05-118-K2026-05-078-K2026-04-228-K2026-04-21DEF 14A2026-04-07
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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