earnings
confidence high
sentiment positive
materiality 0.85
Target Hospitality 2024: Revenue $386M, net income $71.4M, zero net debt, two large contract wins
Target Hospitality Corp.
- Revenue $386.3M, net income $71.4M, diluted EPS $0.70 for FY2024.
- Adjusted EBITDA $196.7M, operating cash flow $152M, discretionary cash flow $131M.
- Zero net debt, $366M liquidity, net leverage 0.0x as of Dec 31, 2024.
- Redeemed all outstanding 10.75% Senior Notes due 2025 on March 25, 2025.
- Awarded $140M Workforce Hub Contract through 2027 and $246M Dilley Contract over 5 years.