Switch theme
Sign up to access all valuation multiples
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
2019
770
LTM Revenue $354M
LTM EBITDA $155M
$673M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Target Hospitality has a last 12-month revenue of $354M and a last 12-month EBITDA of $155M.
In the most recent fiscal year, Target Hospitality achieved revenue of $386M and an EBITDA of $188M.
Target Hospitality expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Target Hospitality valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $564M | $386M | XXX | XXX | XXX |
| Gross Profit | $247M | $313M | XXX | XXX | XXX |
| Gross Margin | 44% | 81% | XXX | XXX | XXX |
| EBITDA | $333M | $188M | XXX | XXX | XXX |
| EBITDA Margin | 59% | 49% | XXX | XXX | XXX |
| Net Profit | $73.9M | $174M | XXX | XXX | XXX |
| Net Margin | 13% | 45% | XXX | XXX | XXX |
| Net Debt | $147M | $74.2M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 15, 2025, Target Hospitality's stock price is $7.
Target Hospitality has current market cap of $654M, and EV of $673M.
See Target Hospitality trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $673M | $654M | XXX | XXX | XXX | XXX | $0.43 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 15, 2025, Target Hospitality has market cap of $654M and EV of $673M.
Target Hospitality's trades at 1.9x LTM EV/Revenue multiple, and 4.3x LTM EBITDA.
Analysts estimate Target Hospitality's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Target Hospitality and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $673M | XXX | XXX | XXX |
| EV/Revenue | 1.7x | XXX | XXX | XXX |
| EV/EBITDA | 3.6x | XXX | XXX | XXX |
| P/E | 9.2x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 5.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpTarget Hospitality's NTM/LTM revenue growth is -21%
Target Hospitality's revenue per employee for the last fiscal year averaged $0.5M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Target Hospitality's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Target Hospitality's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Target Hospitality and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -31% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 49% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -44% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 28% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.5M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 18% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Arcadis | XXX | XXX | XXX | XXX | XXX | XXX |
| Envipco | XXX | XXX | XXX | XXX | XXX | XXX |
| Cleanaway | XXX | XXX | XXX | XXX | XXX | XXX |
| The Environmental Group | XXX | XXX | XXX | XXX | XXX | XXX |
| EnviroSuite | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Target Hospitality acquired XXX companies to date.
Last acquisition by Target Hospitality was XXXXXXXX, XXXXX XXXXX XXXXXX . Target Hospitality acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign Up| When was Target Hospitality founded? | Target Hospitality was founded in 2019. |
| Where is Target Hospitality headquartered? | Target Hospitality is headquartered in United States of America. |
| How many employees does Target Hospitality have? | As of today, Target Hospitality has 770 employees. |
| Who is the CEO of Target Hospitality? | Target Hospitality's CEO is Mr. James B. Archer. |
| Is Target Hospitality publicy listed? | Yes, Target Hospitality is a public company listed on NAS. |
| What is the stock symbol of Target Hospitality? | Target Hospitality trades under TH ticker. |
| When did Target Hospitality go public? | Target Hospitality went public in 2018. |
| Who are competitors of Target Hospitality? | Similar companies to Target Hospitality include e.g. Arcadis, Envipco, Cleanaway, The Environmental Group. |
| What is the current market cap of Target Hospitality? | Target Hospitality's current market cap is $654M |
| What is the current revenue of Target Hospitality? | Target Hospitality's last 12-month revenue is $354M. |
| What is the current EBITDA of Target Hospitality? | Target Hospitality's last 12-month EBITDA is $155M. |
| What is the current EV/Revenue multiple of Target Hospitality? | Current revenue multiple of Target Hospitality is 1.9x. |
| What is the current EV/EBITDA multiple of Target Hospitality? | Current EBITDA multiple of Target Hospitality is 4.3x. |
| What is the current revenue growth of Target Hospitality? | Target Hospitality revenue growth between 2023 and 2024 was -31%. |
| Is Target Hospitality profitable? | Yes, Target Hospitality is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
