Growth Metrics

Target Hospitality (TH) Net Cash Flow (2018 - 2026)

On a quarterly basis, Net Cash Flow rose 98.15% to -$2.9 million in Q1 2026 year-over-year; TTM through Mar 2026 was -$29.0 million, a 67.69% increase, with the full-year FY2025 number at -$182.3 million, down 310.14% from a year prior.

Target Hospitality (TH) has 9 years of Net Cash Flow data on record, last reported at -$2.9 million in Q1 2026.

  • Net Cash Flow reached -$2.9 million in Q1 2026 per TH's latest filing, up from -$22.0 million in the prior quarter.
  • Over the last five years, Net Cash Flow for TH hit a ceiling of $167.3 million in Q3 2022 and a floor of -$156.2 million in Q1 2025.
  • A 5-year average of -$1.1 million and a median of $4.7 million in 2022 define the central range for Net Cash Flow.
  • On a YoY basis, Net Cash Flow climbed as much as 5604.41% in 2022 and fell as far as 2768.52% in 2022.
  • Tracing TH's Net Cash Flow over 5 years: stood at $4.7 million in 2022, then plummeted by 125.07% to -$1.2 million in 2023, then skyrocketed by 1202.73% to $12.9 million in 2024, then tumbled by 270.25% to -$22.0 million in 2025, then soared by 86.92% to -$2.9 million in 2026.
  • Business Quant data shows Net Cash Flow for TH at -$2.9 million in Q1 2026, -$22.0 million in Q4 2025, and $11.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Relx 81.40 Bn 81.16 Bn - -
2 Rentokil Initial 79.56 Bn 78.10 Bn - -
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn -19.56 Mn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn -136.01 Mn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn -36.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn -2.98 Bn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 168.90 Mn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 34.21 Mn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 183.00 Mn
10 Target Hospitality 1.82 Bn 1.82 Bn 6.88 Mn -2.88 Mn

Historic Data

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DateValue
Mar 31, 2026 -2.88 Mn
Mar 31, 2026 -2.88 Mn
Dec 31, 2025 -22.04 Mn
Dec 31, 2025 -22.04 Mn
Sep 30, 2025 11.15 Mn
Sep 30, 2025 11.15 Mn
Jun 30, 2025 -15.25 Mn
Jun 30, 2025 -15.25 Mn
Mar 31, 2025 -156.20 Mn
Mar 31, 2025 -156.20 Mn
Dec 31, 2024 12.95 Mn
Dec 31, 2024 12.95 Mn
Sep 30, 2024 23.45 Mn
Sep 30, 2024 23.45 Mn
Jun 30, 2024 30.00 Mn
Jun 30, 2024 30.00 Mn
Mar 31, 2024 20.38 Mn
Mar 31, 2024 20.38 Mn
Dec 31, 2023 -1.17 Mn
Dec 31, 2023 -1.17 Mn
Sep 30, 2023 35.53 Mn
Sep 30, 2023 35.53 Mn
Jun 30, 2023 27.14 Mn
Jun 30, 2023 27.14 Mn
Mar 31, 2023 -139.24 Mn
Mar 31, 2023 -139.24 Mn
Dec 31, 2022 4.68 Mn
Dec 31, 2022 4.68 Mn
Sep 30, 2022 167.31 Mn
Sep 30, 2022 167.31 Mn
Jun 30, 2022 3.88 Mn
Jun 30, 2022 3.88 Mn
Mar 31, 2022 -17.58 Mn
Mar 31, 2022 -17.58 Mn
Dec 31, 2021 -7.23 Mn
Dec 31, 2021 -7.23 Mn
Sep 30, 2021 24.19 Mn
Sep 30, 2021 24.19 Mn
Jun 30, 2021 68,000.00
Jun 30, 2021 68,000.00
Mar 31, 2021 -613,000.00
Mar 31, 2021 -613,000.00
Dec 31, 2020 -2.13 Mn
Dec 31, 2020 -2.13 Mn
Sep 30, 2020 -10.88 Mn
Sep 30, 2020 -10.88 Mn
Jun 30, 2020 12.42 Mn
Jun 30, 2020 12.42 Mn
Mar 31, 2020 735,000.00
Mar 31, 2020 735,000.00
Dec 31, 2019 3.17 Mn
Dec 31, 2019 3.17 Mn
Sep 30, 2019 -7.07 Mn
Sep 30, 2019 -7.07 Mn
Jun 30, 2019 -12.58 Mn
Jun 30, 2019 -12.58 Mn
Mar 31, 2019 10.93 Mn
Mar 31, 2019 10.93 Mn
Dec 31, 2018 -213,000.00
Dec 31, 2018 -213,000.00
Sep 30, 2018 6.91 Mn
Sep 30, 2018 6.91 Mn
Jun 30, 2018 -708,000.00
Jun 30, 2018 -708,000.00
Mar 31, 2018 -5.89 Mn
Mar 31, 2018 -5.89 Mn