TH - NASDAQ
Target Hospitality Corp.
$16.70
-2.1%Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through four segments: Hospitality & Facilities Services - South, Hospitality & Facilities Services - Midwest, Government, and TCPL Keystone. It owns a network of specialty rental accommodation units with approximately 15,528 beds across 27 communities, which include 26 owned and 1 leased; and operates 1 community not owned or leased by the company. Target Hospitality Corp. also provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation, workforce community management, concierge, and laundry services. It serves the U.S. government, government contractors, investment grade natural resource development companies, and energy infrastructure companies. The company was founded in 1978 and is headquartered in The Woodlands, Texas.
At a Glance
Live SnapshotTarget Hospitality Corp. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.
Target Hospitality Corp. Cash Flow Statement
TH • NASDAQ
| Target Hospitality Corp. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||
-37.1M | 71.4M | 173.7M | 73.9M | -4.6M | -27.5M | 6.2M | 5M | 981K | 26.9M | |
73.4M | 72.8M | 84M | 67.7M | 70.5M | 65.6M | 58.9M | 39.1M | 30.1M | 41.3M | |
0.0 | -3.8M | 37.9M | 29.9M | 469K | -8.8M | 6M | 10.9M | 21.9M | 0.0 | |
0.0 | 7.3M | 11.2M | 19.2M | 5.1M | 3.6M | 1.7M | 11.4M | 0.0 | 0.0 | |
14.1M | 13.1M | 15.5M | 48.4M | 7.9M | 7.3M | 14.5M | 3.8M | 765K | -20.7M | |
(0.0) | (28.8M) | (6M) | (4.9M) | (765K) | (1.3M) | (1.2M) | (0.0) | (620K) | (0.0) | |
23.7M | -9.1M | -165.5M | 66.5M | 25.3M | 6.5M | -26.9M | -43.9M | -13.4M | -2.9M | |
74.1M | 151.7M | 156.8M | 305.6M | 104.6M | 46.8M | 60.5M | 26.2M | 40.8M | 44.7M | |
INVESTING ACTIVITIES | ||||||||||
(0.0) | -30.2M | -63.9M | -140.8M | -35.5M | -12.2M | -84.7M | -79.7M | -16.2M | -5.1M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (990K) | -30M | -200.4M | -36.5M | (0.0) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -250K | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 250K | 0.0 | 0.0 | |
-67.8M | 1.4M | -4.3M | 615K | -427K | 238K | 2M | 59.1M | -77.5M | 0.0 | |
-67.8M | -28.8M | -68.2M | -140.2M | -35.9M | -10.9M | -112.7M | -220.9M | -130.2M | -5.1M | |
FINANCING ACTIVITIES | ||||||||||
0.0 | -33.5M | -6.8M | 0.0 | -99K | -5.3M | -18.2M | 0.0 | 0.0 | 0.0 | |
-185.6M | -1.7M | -154.5M | -6.5M | -52.2M | -30.1M | 390.1M | -121.9M | 1.7M | -50.6M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -26.7M | -23.6M | (0.0) | |
(0.0) | -33.5M | -6.8M | (0.0) | -99K | -5.3M | -18.2M | (0.0) | (0.0) | (0.0) | |
-3M | -873K | -5.1M | -590K | 0.0 | -221K | -325.1M | 343.2M | 96.4M | 10.7M | |
-188.6M | -36.1M | -166.4M | -7.1M | -52.3M | -35.7M | 46.7M | 194.6M | 98.1M | -39.9M | |
CASH FLOW SUMMARY | ||||||||||
19K | -30K | 4K | -19K | 14K | -9K | -54K | -178K | 136K | -12K | |
-182.3M | 86.7M | -77.7M | 158.3M | 16.4M | 140K | -5.6M | -339K | 8.7M | -351K | |
190.7M | 103.9M | 181.7M | 23.4M | 7M | 6.8M | 12.5M | 12.5M | 3.8M | 4.2M | |
8.3M | 190.7M | 103.9M | 181.7M | 23.4M | 7M | 6.8M | 12.2M | 12.5M | 3.8M | |
7.1M | 121.4M | 88.4M | 164.8M | 69.1M | 34.6M | -24.2M | -53.5M | 24.6M | 39.6M |
SEC Filings
TH - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 21, 2026 | May 21, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 11, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 11, 2026 | May 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 05, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 21, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 07, 2026 | May 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 01, 2026 | April 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 11, 2026 | March 08, 2026 | 2026 |
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