Target Hospitality Corp (TH) — Free Cash Flow Generation Index
Target Hospitality Corp (TH) has a Free Cash Flow Generation Index of 0.70x as of September 2025. Free cash flow of $37.10 Million represents 1% of operating cash flow ($53.36 Million). See TH net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Target Hospitality Corp Free Cash Flow Generation Index (2016–2024)
Historical FCF Generation Index trend for Target Hospitality Corp across 9 annual periods. Explore Target Hospitality Corp cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Target Hospitality Corp (2016–2024)
Year-by-year Free Cash Flow Generation Index for Target Hospitality Corp. For the full company profile including market capitalisation, see market cap of Target Hospitality Corp.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.80x | $121.43 Million | $151.68 Million | $30.24 Million | ▲ +42.0% |
| 2023 | 0.56x | $88.38 Million | $156.80 Million | $68.42 Million | ▲ +4.5% |
| 2022 | 0.54x | $164.77 Million | $305.61 Million | $140.84 Million | ▼ -18.4% |
| 2021 | 0.66x | $69.11 Million | $104.60 Million | $35.49 Million | ▼ -10.7% |
| 2020 | 0.74x | $34.60 Million | $46.78 Million | $12.18 Million | ▲ +284.6% |
| 2019 | -0.40x | $-24.24 Million | $60.49 Million | $84.73 Million | ▲ +80.4% |
| 2018 | -2.04x | $-53.48 Million | $26.20 Million | $79.68 Million | ▼ -438.8% |
| 2017 | 0.60x | $24.56 Million | $40.77 Million | $16.21 Million | ▼ -32.0% |
| 2016 | 0.89x | $39.60 Million | $44.73 Million | $5.12 Million | — |