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Side-by-side financial comparison of ACNB CORP (ACNB) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

Target Hospitality Corp. is the larger business by last-quarter revenue ($73.5M vs $47.2M, roughly 1.6× ACNB CORP). ACNB CORP runs the higher net margin — 22.9% vs -20.3%, a 43.2% gap on every dollar of revenue. On growth, ACNB CORP posted the faster year-over-year revenue change (42.2% vs 22.0%). Over the past eight quarters, ACNB CORP's revenue compounded faster (22.1% CAGR vs 0.7%).

ACNB Corp is a US-based financial holding company headquartered in Pennsylvania. It provides a full suite of financial solutions including retail and commercial banking, wealth management, trust services, and property & casualty insurance products. Its core market covers local communities, individual consumers, and small-to-medium enterprises across south-central Pennsylvania and northern Maryland.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

ACNB vs TH — Head-to-Head

Bigger by revenue
TH
TH
1.6× larger
TH
$73.5M
$47.2M
ACNB
Growing faster (revenue YoY)
ACNB
ACNB
+20.2% gap
ACNB
42.2%
22.0%
TH
Higher net margin
ACNB
ACNB
43.2% more per $
ACNB
22.9%
-20.3%
TH
Faster 2-yr revenue CAGR
ACNB
ACNB
Annualised
ACNB
22.1%
0.7%
TH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACNB
ACNB
TH
TH
Revenue
$47.2M
$73.5M
Net Profit
$10.8M
$-14.9M
Gross Margin
9.6%
Operating Margin
27.9%
-22.9%
Net Margin
22.9%
-20.3%
Revenue YoY
42.2%
22.0%
Net Profit YoY
63.8%
-219.1%
EPS (diluted)
$1.10
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACNB
ACNB
TH
TH
Q4 25
$47.2M
$73.5M
Q3 25
$50.9M
$91.6M
Q2 25
$50.3M
$54.9M
Q1 25
$43.5M
$54.9M
Q4 24
$33.2M
$60.2M
Q3 24
$34.1M
$65.8M
Q2 24
$33.3M
$67.5M
Q1 24
$31.6M
$72.4M
Net Profit
ACNB
ACNB
TH
TH
Q4 25
$10.8M
$-14.9M
Q3 25
$14.9M
$-795.0K
Q2 25
$11.6M
$-14.9M
Q1 25
$-272.0K
$-6.5M
Q4 24
$6.6M
$12.5M
Q3 24
$7.2M
$20.0M
Q2 24
$11.3M
$18.4M
Q1 24
$6.8M
$20.4M
Gross Margin
ACNB
ACNB
TH
TH
Q4 25
9.6%
Q3 25
19.6%
Q2 25
-0.6%
Q1 25
32.7%
Q4 24
61.5%
Q3 24
68.7%
Q2 24
69.4%
Q1 24
67.8%
Operating Margin
ACNB
ACNB
TH
TH
Q4 25
27.9%
-22.9%
Q3 25
37.2%
0.1%
Q2 25
29.7%
-30.8%
Q1 25
-1.3%
-2.0%
Q4 24
24.8%
34.5%
Q3 24
27.6%
42.5%
Q2 24
42.8%
43.8%
Q1 24
26.9%
42.0%
Net Margin
ACNB
ACNB
TH
TH
Q4 25
22.9%
-20.3%
Q3 25
29.2%
-0.9%
Q2 25
23.2%
-27.2%
Q1 25
-0.6%
-11.8%
Q4 24
19.9%
20.8%
Q3 24
21.1%
30.4%
Q2 24
33.9%
27.2%
Q1 24
21.4%
28.2%
EPS (diluted)
ACNB
ACNB
TH
TH
Q4 25
$1.10
$-0.14
Q3 25
$1.42
$-0.01
Q2 25
$1.11
$-0.15
Q1 25
$-0.03
$-0.07
Q4 24
$0.77
$0.12
Q3 24
$0.84
$0.20
Q2 24
$1.32
$0.18
Q1 24
$0.80
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACNB
ACNB
TH
TH
Cash + ST InvestmentsLiquidity on hand
$65.6M
$8.3M
Total DebtLower is stronger
$255.4M
$1.7M
Stockholders' EquityBook value
$420.0M
$389.3M
Total Assets
$3.2B
$530.2M
Debt / EquityLower = less leverage
0.61×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACNB
ACNB
TH
TH
Q4 25
$65.6M
$8.3M
Q3 25
$102.1M
$30.4M
Q2 25
$103.1M
$19.2M
Q1 25
$123.6M
$34.5M
Q4 24
$47.3M
$190.7M
Q3 24
$58.1M
$177.7M
Q2 24
$86.3M
$154.3M
Q1 24
$53.1M
$124.3M
Total Debt
ACNB
ACNB
TH
TH
Q4 25
$255.4M
$1.7M
Q3 25
$255.4M
$2.0M
Q2 25
$255.4M
$26.3M
Q1 25
$255.3M
$42.9M
Q4 24
$255.3M
$1.5M
Q3 24
$255.3M
$994.0K
Q2 24
$255.3M
$1.1M
Q1 24
$255.3M
$179.9M
Stockholders' Equity
ACNB
ACNB
TH
TH
Q4 25
$420.0M
$389.3M
Q3 25
$408.6M
$402.4M
Q2 25
$395.2M
$401.3M
Q1 25
$386.9M
$415.3M
Q4 24
$303.3M
$421.1M
Q3 24
$306.8M
$417.6M
Q2 24
$289.3M
$397.2M
Q1 24
$279.9M
$375.5M
Total Assets
ACNB
ACNB
TH
TH
Q4 25
$3.2B
$530.2M
Q3 25
$3.3B
$541.2M
Q2 25
$3.3B
$533.7M
Q1 25
$3.3B
$562.5M
Q4 24
$2.4B
$725.8M
Q3 24
$2.4B
$709.8M
Q2 24
$2.5B
$697.0M
Q1 24
$2.4B
$687.2M
Debt / Equity
ACNB
ACNB
TH
TH
Q4 25
0.61×
0.00×
Q3 25
0.62×
0.01×
Q2 25
0.65×
0.07×
Q1 25
0.66×
0.10×
Q4 24
0.84×
0.00×
Q3 24
0.83×
0.00×
Q2 24
0.88×
0.00×
Q1 24
0.91×
0.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACNB
ACNB
TH
TH
Operating Cash FlowLast quarter
$53.6M
$5.7M
Free Cash FlowOCF − Capex
$52.6M
FCF MarginFCF / Revenue
111.4%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
4.96×
TTM Free Cash FlowTrailing 4 quarters
$92.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACNB
ACNB
TH
TH
Q4 25
$53.6M
$5.7M
Q3 25
$23.2M
$53.4M
Q2 25
$17.8M
$11.1M
Q1 25
$-71.0K
$3.9M
Q4 24
$39.8M
$30.6M
Q3 24
$13.6M
$31.4M
Q2 24
$9.7M
$39.1M
Q1 24
$10.8M
$50.6M
Free Cash Flow
ACNB
ACNB
TH
TH
Q4 25
$52.6M
Q3 25
$22.8M
Q2 25
$17.6M
Q1 25
$-730.0K
$-11.6M
Q4 24
$38.8M
Q3 24
$13.3M
Q2 24
$9.4M
Q1 24
$10.7M
FCF Margin
ACNB
ACNB
TH
TH
Q4 25
111.4%
Q3 25
44.7%
Q2 25
35.0%
Q1 25
-1.7%
-21.1%
Q4 24
117.0%
Q3 24
39.1%
Q2 24
28.3%
Q1 24
33.9%
Capex Intensity
ACNB
ACNB
TH
TH
Q4 25
2.3%
Q3 25
0.8%
Q2 25
0.4%
Q1 25
1.5%
28.2%
Q4 24
2.9%
Q3 24
0.7%
Q2 24
0.9%
Q1 24
0.2%
Cash Conversion
ACNB
ACNB
TH
TH
Q4 25
4.96×
Q3 25
1.56×
Q2 25
1.52×
Q1 25
Q4 24
6.03×
2.44×
Q3 24
1.88×
1.57×
Q2 24
0.86×
2.13×
Q1 24
1.60×
2.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACNB
ACNB

Segment breakdown not available.

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

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