What are Target Hospitality's profit margins?

Target Hospitality (TH) runs a 9.8% gross margin and a -14.8% operating margin, with a -13.5% net margin.

Where do Target Hospitality's ratios come from?

Every ratio is computed from Target Hospitality's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Target Hospitality TH Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	13.3%-32.8pp	46.1%-9.5pp	55.6%+6.4pp	49.2%+14.4pp
Operating margin	-10.8%-39.0pp	28.2%-14.5pp	42.7%+8.0pp	34.7%+22.0pp
Net margin	-11.6%-30.0pp	18.4%-12.4pp	30.8%+16.1pp	14.7%—
EBITDA margin	12.1%-35.0pp	47%-10.6pp	57.6%+9.4pp	48.2%+11.3pp
Free cash flow margin	22.9%-16.2pp	39.1%+11.8pp	27.3%-29.5pp	56.8%+21.0pp
Returns
Return on equity	-9.2%-27.0pp	17.9%-42.2pp	60.1%+10.5pp	49.6%—
Return on assets	-5.9%-15.9pp	10%-13.7pp	23.7%+12.2pp	11.5%—
Return on invested capital	-8.3%-26.5pp	18.2%-25.1pp	43.3%+12.8pp	30.4%+21.7pp
Efficiency
Asset turnover	0.5×0.0×	0.5×-0.2×	0.8×0.0×	0.8×+0.2×
Liquidity
Current ratio	0.9×-0.2×	1.1×-1.5×	2.6×+1.3×	1.2×+0.4×
Quick ratio	0.9×-0.2×	1.1×-1.5×	2.6×+1.3×	1.2×+0.4×
Cash ratio	0.1×-0.7×	0.8×-0.7×	1.5×+0.5×	1×+0.6×
Leverage
Debt-to-equity	0×-0.5×	0.5×0.0×	0.5×-1.3×	1.8×-1.7×
Debt-to-assets	0×-0.3×	0.3×0.0×	0.3×-0.2×	0.5×-0.2×
Net debt / EBITDA	0.1×0.0×	0.1×-0.2×	0.3×-0.4×	0.7×-2.2×
Interest coverage	-2.7×-8.7×	6.1×-2.2×	8.2×+2.9×	5.3×+4.2×
Per Share
Book value per share	$3.91-5.8%	$4.15+15.9%	$3.58+78.5%	$2.01+99.4%
Valuation
Market capitalization	$799.23M-16.4%	$956.27M-3.3%	$989.16M-33.1%	$1.48B+328%
Enterprise value	$803.71M-17.6%	$975.24M-10.6%	$1.09B-34.2%	$1.66B+150%
Price / sales	2.5×0.0×	2.5×+0.7×	1.8×-1.2×	2.9×+1.8×
Price / book	2.1×-0.2×	2.3×-0.4×	2.6×-4.7×	7.4×+3.8×
EV / EBITDA	20.8×+15.4×	5.4×+2.0×	3.4×-3.5×	6.8×+0.7×
EV / sales	2.5×0.0×	2.5×+0.6×	1.9×-1.4×	3.3×+1.0×
Free cash flow yield	9.2%-6.6pp	15.8%+0.2pp	15.5%-3.8pp	19.3%-10.9pp
Earnings yield	-4.6%-12.1pp	7.5%-10.1pp	17.6%+12.6pp	5%—

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Questions, answered.

What are Target Hospitality's profit margins?: Target Hospitality (TH) runs a 9.8% gross margin and a -14.8% operating margin, with a -13.5% net margin.
Where do Target Hospitality's ratios come from?: Every ratio is computed from Target Hospitality's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.