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Target Hospitality TH Payments To Acquire Specialty Rental Assets

Payments To Acquire Specialty Rental Assets at other companies

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Other financials

Income statement

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Revenue$85.5M+38.7%
Gross profit$15.8M+4,916%
Operating income-$7.5M+55.7%
Net income-$9.0M+39.5%
EPS (diluted)-$0.09+40.0%

Balance sheet

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Cash & equivalents$6.1M-68.5%
Total debt$10.9M-21.2%
Total equity$370.1M-7.8%
Total assets$654.2M+22.6%

Cash flow

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Operating cash flow$104.0M+840%
CapEx$5.4M+15,466%
Free cash flow$98.5M+794%

Valuation

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Market cap$1.64B+102%
Enterprise value$1.65B+104%
P/S4.7×+2.1×

Profitability

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Gross margin13.7%-18.4pp
Operating margin-11.1%-21.0pp
Net margin-10.8%-14.4pp
FCF margin47.3%+22.9pp

Returns & leverage

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Return on equity-9.8%-12.6pp
Debt / equity0.0×
Current ratio0.6×-0.8×

Where this comes from

Reported directly by Target Hospitality in its filing.

Tagged under the XBRL concept th:PaymentsToAcquireSpecialtyRentalAssets.

The source filing: Target Hospitality’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 1:49 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-093264
Line itemFor the Six Months Ended / June 30, 2026For the Six Months Ended / June 30, 2025
Other non-current assets and liabilities(399)(20)
Net cash provided by operating activities111,02015,001
Cash flows from investing activities:
Purchase of specialty rental assets(111,785)(24,261)
Other investing activities(34,093)
Purchase of property, plant, and equipment(5,624)(650)
Proceeds from the sale of specialty rental assets and other property, plant and equipment606
Net cash used in investing activities(150,896)(24,911)

Item 1.Financial Statements

FAQ

What is Target Hospitality's payments to acquire specialty rental assets?
Target Hospitality (TH) reported payments to acquire specialty rental assets of $79.19M in Q2 2026.
How has Target Hospitality's payments to acquire specialty rental assets changed year-over-year?
Target Hospitality's payments to acquire specialty rental assets increased by 932.3% year-over-year, from $7.67M to $79.19M.
What is the long-term trend for Target Hospitality's payments to acquire specialty rental assets?
Over 4 years (2021 to 2025), Target Hospitality's payments to acquire specialty rental assets has grown at a 17.2% compound annual growth rate (CAGR), from $35.49M to $67.04M.
What does payments to acquire specialty rental assets mean?
Payments To Acquire Specialty Rental Assets as reported by Target Hospitality Corp. Common Stock.

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