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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$72.8M+4.1%
Gross profit$6.9M-61.7%
Operating income-$14.3M-1,231%
Net income-$12.9M-100.0%
EPS (diluted)-$0.13-85.7%

Balance sheet

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Cash & equivalents$5.5M-84.2%
Total debt$11.0M-20.4%
Total equity$376.9M-9.2%
Total assets$539.5M-4.1%

Cash flow

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Operating cash flow$7.0M+78.7%
CapEx$176.0K-71.4%
Free cash flow$6.9M+106%

Valuation

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Market cap$1.99B+42.2%

Profitability

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Gross margin9.8%-32.3pp
Operating margin-14.8%-36.9pp
Net margin-13.5%-26.2pp
FCF margin23.8%-6.0pp

Returns & leverage

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Return on equity-11%-22.2pp
Debt / equity0.0×
Current ratio0.8×-1.1×

Where this comes from

Reported directly by Target Hospitality in its filing.

Tagged under the XBRL concept th:PaymentsToAcquireSpecialtyRentalAssets.

The official record: Target Hospitality’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Target Hospitality's payments to acquire specialty rental assets?
Target Hospitality (TH) reported payments to acquire specialty rental assets of $32.59M in Q1 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 96.5% year-over-year, from $16.59M to $32.59M.
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?
Represents cash outflows dedicated to purchasing specialized equipment or assets intended for rental to third parties. This metric highlights the company's capital allocation strategy toward expanding its core rental revenue-generating capacity.