See more : Allixon International Corp. (AXCP) Income Statement Analysis – Financial Results
Complete financial analysis of Target Hospitality Corp. (TH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Target Hospitality Corp., a leading company in the Specialty Business Services industry within the Industrials sector.
You may be interested
- Smith & Nephew plc (SNN) Income Statement Analysis – Financial Results
- Anhui Jiangnan Chemical Industry Co., Ltd. (002226.SZ) Income Statement Analysis – Financial Results
- Notion VTec Berhad (0083.KL) Income Statement Analysis – Financial Results
- SMI Culture & Travel Group Holdings Limited (2366.HK) Income Statement Analysis – Financial Results
- Northern Star Investment Corp. III (NSTTW) Income Statement Analysis – Financial Results
Target Hospitality Corp. (TH)
About Target Hospitality Corp.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 563.61M | 501.99M | 291.34M | 225.15M | 321.10M | 240.60M | 134.24M | 149.47M |
| Cost of Revenue | 250.28M | 254.86M | 189.99M | 167.99M | 174.08M | 150.37M | 81.19M | 52.03M |
| Gross Profit | 313.32M | 247.13M | 101.35M | 57.16M | 147.01M | 90.23M | 53.05M | 97.44M |
| Gross Profit Ratio | 55.59% | 49.23% | 34.79% | 25.39% | 45.78% | 37.50% | 39.52% | 65.19% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.62M | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 39.72M | 0.00 | 0.00 |
| SG&A | 56.13M | 57.89M | 46.46M | 38.13M | 76.46M | 41.34M | 24.34M | 15.79M |
| Other Expenses | 16.59M | 14.87M | 17.79M | 15.65M | 15.48M | 8.28M | 519.00K | 0.00 |
| Operating Expenses | 56.13M | 72.76M | 64.25M | 53.78M | 91.95M | 48.86M | 30.02M | 56.73M |
| Cost & Expenses | 323.00M | 327.62M | 254.24M | 221.77M | 266.03M | 199.22M | 111.21M | 108.76M |
| Interest Income | 4.14M | 1.55M | 38.70M | 40.03M | 33.40M | 5.63M | 7.95M | 3.51M |
| Interest Expense | 26.78M | 36.32M | 38.70M | 40.03M | 30.20M | 24.20M | 2.85M | 0.00 |
| Depreciation & Amortization | 85.55M | 80.12M | 70.32M | 65.22M | 59.12M | 39.33M | 30.15M | 41.33M |
| EBITDA | 332.62M | 224.29M | 106.35M | 68.11M | 112.10M | 80.24M | 59.56M | 81.64M |
| EBITDA Ratio | 59.02% | 48.21% | 36.94% | 30.96% | 35.79% | 37.09% | 45.92% | 54.62% |
| Operating Income | 240.61M | 174.37M | 37.10M | 4.10M | 48.15M | 40.91M | 21.46M | 40.31M |
| Operating Income Ratio | 42.69% | 34.74% | 12.73% | 1.82% | 15.00% | 17.00% | 15.99% | 26.97% |
| Total Other Income/Expenses | -15.86M | -68.06M | -39.77M | -37.69M | -28.39M | -24.20M | 5.11M | 3.91M |
| Income Before Tax | 224.75M | 106.31M | -2.67M | -35.93M | 13.84M | 16.71M | 26.57M | 44.22M |
| Income Before Tax Ratio | 39.88% | 21.18% | -0.92% | -15.96% | 4.31% | 6.95% | 19.79% | 29.58% |
| Income Tax Expense | 51.05M | 32.37M | 1.90M | -8.46M | 7.61M | 11.76M | 25.58M | 17.31M |
| Net Income | 173.70M | 73.94M | -4.58M | -27.48M | 6.24M | 4.96M | 981.00K | 26.91M |
| Net Income Ratio | 30.82% | 14.73% | -1.57% | -12.20% | 1.94% | 2.06% | 0.73% | 18.00% |
| EPS | 1.62 | 0.76 | -0.05 | -0.29 | 0.13 | 0.12 | 0.02 | 0.66 |
| EPS Diluted | 1.56 | 0.74 | -0.05 | -0.29 | 0.13 | 0.12 | 0.02 | 0.66 |
| Weighted Avg Shares Out | 101.35M | 97.21M | 96.61M | 96.02M | 94.50M | 40.63M | 40.63M | 40.63M |
| Weighted Avg Shares Out (Dil) | 105.32M | 100.06M | 96.61M | 96.02M | 94.50M | 40.63M | 40.63M | 40.63M |
Should Value Investors Buy Target Hospitality (TH) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Target Hospitality Announces Pecos Children's Center Contract Extension, Reaffirms 2024 Financial Outlook and Enhances Strategic Capabilities
THE WOODLANDS, Texas , Nov. 18, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced the extension and...
Target Hospitality Q3 Earnings & Revenues Beat Estimates, Fall Y/Y
TH's third-quarter 2024 results are affected by lower PCC minimum lease and variable services revenues, as well as the termination of the STFRC Contract.
Target Hospitality Corp. (TH) Q3 2024 Earnings Call Transcript
Target Hospitality Corp. (NASDAQ:TH ) Q3 2024 Earnings Conference Call November 12, 2024 9:00 AM ET Company Participants Mark Schuck - SVP, IR Brad Archer - President and CEO Jason Vlacich - CFO and Chief Accounting Officer Conference Call Participants...
Here's What Key Metrics Tell Us About Target Hospitality (TH) Q3 Earnings
While the top- and bottom-line numbers for Target Hospitality (TH) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street...
Target Hospitality (TH) Surpasses Q3 Earnings and Revenue Estimates
Target Hospitality (TH) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.43 per share a year ago.
Target Hospitality Reports Impressive Third Quarter 2024 Results Supported by Strong Business Fundamentals
THE WOODLANDS, Texas , Nov. 12, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the three months...
Gear Up for Target Hospitality (TH) Q3 Earnings: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Target Hospitality (TH) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Target Hospitality (TH) Surges 5.7%: Is This an Indication of Further Gains?
Target Hospitality (TH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
What To Buy On A Trump Win
Donald Trump's 2024 win should boost stocks like GEO Group, CoreCivic, Target Hospitality, Affirm, Federal National Mortgage Association, and Bitcoin pre-market. GEO Group and CoreCivic benefit from Trump's policies, with potential gains similar to post-2016 election performances. Target Hospitality could...
Source: https://incomestatements.info
Category: Stock Reports