Target Hospitality Corp.

TH Industrials Specialty Business Services

Target Hospitality Corp.’s revenue for fiscal 2025 (year ended December 2025) was $320.6 million, down 17.0% from fiscal 2024. In the quarter to June 2026, revenue grew 38.7%, EPS grew 40.0%, free cash flow grew 486.2% and total debt rose 59.9%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

15.46 0.56 −3.50%
Market cap
$1.6B
P/E
0.0×
Fwd P/E
−94.7×
Dividend yield
—
F-score
3/9
Altman Z
4.53
Beneish M
−1.73
Dividend safety
n/a

Target Hospitality Corp. (TH) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Target Hospitality Corp. (TH) trades at a EV/Sales of 5.1×. Over the past ten years it has ranged from 0.0× (December 2018) to 7.0× (June 2026); the current reading is higher than 94% of that period. That is above the Specialty Business Services industry median of 1.5× and above the Industrials sector median of 1.9×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 3.0× 21.90%
FY2024 2.5× 9.49%
FY2023 2.3× (29.07%)
FY2022 3.2× 42.88%
FY2021 2.2× (3.65%)
FY2020 2.3× (14.35%)
FY2019 2.7× 53.71%
FY2018 1.8× —
FY2017 0.0× —

Quarterly newest first

Period EV/Sales Change
Jun 2026 6.5× 85.39%
Mar 2026 3.5× 15.74%
Dec 2025 3.0× (4.58%)
Sep 2025 3.2× 10.02%
30 more quarters

Against its own ten years

Low 0.0× High 7.0×
Ten-year median 2.6×
Current reading's percentile 94

EV/Sales against peers

Company EV/Sales
ABM ABM Industries Incorporated compare 0.5×
KODK Eastman Kodak Company compare 0.6×
BV BrightView Holdings, Inc. compare 0.7×
CMPR Cimpress plc compare 0.8×
TIC Acuren Corporation compare 1.5×
CBZ CBIZ, Inc. compare 1.7×
LZ LegalZoom.com, Inc. compare 1.7×
RHLD Resolute Holdings Management, Inc. compare 2.7×
TH Target Hospitality Corp. 5.1×
Specialty Business Services industry median 1.5×
Industrials sector median 1.9×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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