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Side-by-side financial comparison of COHEN & STEERS, INC. (CNS) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.
COHEN & STEERS, INC. is the larger business by last-quarter revenue ($143.8M vs $73.5M, roughly 2.0× Target Hospitality Corp.). COHEN & STEERS, INC. runs the higher net margin — 24.3% vs -20.3%, a 44.6% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 2.9%). Over the past eight quarters, COHEN & STEERS, INC.'s revenue compounded faster (8.3% CAGR vs 0.7%).
Cohen & Steers is an American investment management company. It focuses on investments in real estate securities via real estate investment trusts (REIT) and alternative income via preferred securities.
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.
CNS vs TH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.8M | $73.5M |
| Net Profit | $34.9M | $-14.9M |
| Gross Margin | — | 9.6% |
| Operating Margin | 28.0% | -22.9% |
| Net Margin | 24.3% | -20.3% |
| Revenue YoY | 2.9% | 22.0% |
| Net Profit YoY | -23.9% | -219.1% |
| EPS (diluted) | $0.67 | $-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.
| Q4 25 | $143.8M | $73.5M | ||
| Q3 25 | $141.7M | $91.6M | ||
| Q2 25 | $136.1M | $54.9M | ||
| Q1 25 | $134.5M | $54.9M | ||
| Q4 24 | $139.8M | $60.2M | ||
| Q3 24 | $133.2M | $65.8M | ||
| Q2 24 | $121.7M | $67.5M | ||
| Q1 24 | $122.7M | $72.4M |
| Q4 25 | $34.9M | $-14.9M | ||
| Q3 25 | $41.7M | $-795.0K | ||
| Q2 25 | $36.8M | $-14.9M | ||
| Q1 25 | $39.8M | $-6.5M | ||
| Q4 24 | $45.8M | $12.5M | ||
| Q3 24 | $39.7M | $20.0M | ||
| Q2 24 | $31.8M | $18.4M | ||
| Q1 24 | $34.0M | $20.4M |
| 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% |
| Q4 25 | 28.0% | -22.9% | ||
| Q3 25 | 34.5% | 0.1% | ||
| Q2 25 | 31.8% | -30.8% | ||
| Q1 25 | 33.6% | -2.0% | ||
| Q4 24 | 35.3% | 34.5% | ||
| Q3 24 | 33.7% | 42.5% | ||
| Q2 24 | 31.5% | 43.8% | ||
| Q1 24 | 32.8% | 42.0% |
| Q4 25 | 24.3% | -20.3% | ||
| Q3 25 | 29.4% | -0.9% | ||
| Q2 25 | 27.1% | -27.2% | ||
| Q1 25 | 29.6% | -11.8% | ||
| Q4 24 | 32.8% | 20.8% | ||
| Q3 24 | 29.8% | 30.4% | ||
| Q2 24 | 26.1% | 27.2% | ||
| Q1 24 | 27.7% | 28.2% |
| Q4 25 | $0.67 | $-0.14 | ||
| Q3 25 | $0.81 | $-0.01 | ||
| Q2 25 | $0.72 | $-0.15 | ||
| Q1 25 | $0.77 | $-0.07 | ||
| Q4 24 | $0.89 | $0.12 | ||
| Q3 24 | $0.77 | $0.20 | ||
| Q2 24 | $0.63 | $0.18 | ||
| Q1 24 | $0.68 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $145.5M | $8.3M |
| Total DebtLower is stronger | — | $1.7M |
| Stockholders' EquityBook value | $562.0M | $389.3M |
| Total Assets | $876.7M | $530.2M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $145.5M | $8.3M | ||
| Q3 25 | $98.1M | $30.4M | ||
| Q2 25 | $95.4M | $19.2M | ||
| Q1 25 | $65.2M | $34.5M | ||
| Q4 24 | $183.0M | $190.7M | ||
| Q3 24 | $106.5M | $177.7M | ||
| Q2 24 | $122.0M | $154.3M | ||
| Q1 24 | $99.5M | $124.3M |
| Q4 25 | — | $1.7M | ||
| Q3 25 | — | $2.0M | ||
| Q2 25 | — | $26.3M | ||
| Q1 25 | — | $42.9M | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | — | $994.0K | ||
| Q2 24 | — | $1.1M | ||
| Q1 24 | — | $179.9M |
| Q4 25 | $562.0M | $389.3M | ||
| Q3 25 | $550.3M | $402.4M | ||
| Q2 25 | $528.5M | $401.3M | ||
| Q1 25 | $507.7M | $415.3M | ||
| Q4 24 | $511.7M | $421.1M | ||
| Q3 24 | $491.0M | $417.6M | ||
| Q2 24 | $463.2M | $397.2M | ||
| Q1 24 | $378.9M | $375.5M |
| Q4 25 | $876.7M | $530.2M | ||
| Q3 25 | $801.6M | $541.2M | ||
| Q2 25 | $751.0M | $533.7M | ||
| Q1 25 | $834.9M | $562.5M | ||
| Q4 24 | $812.4M | $725.8M | ||
| Q3 24 | $727.8M | $709.8M | ||
| Q2 24 | $784.1M | $697.0M | ||
| Q1 24 | $680.7M | $687.2M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-120.4M | $5.7M |
| Free Cash FlowOCF − Capex | $-126.4M | — |
| FCF MarginFCF / Revenue | -87.9% | — |
| Capex IntensityCapex / Revenue | 4.2% | — |
| Cash ConversionOCF / Net Profit | -3.45× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-253.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-120.4M | $5.7M | ||
| Q3 25 | $55.1M | $53.4M | ||
| Q2 25 | $-67.6M | $11.1M | ||
| Q1 25 | $-108.9M | $3.9M | ||
| Q4 24 | $96.7M | $30.6M | ||
| Q3 24 | $25.6M | $31.4M | ||
| Q2 24 | $31.4M | $39.1M | ||
| Q1 24 | $4.9M | $50.6M |
| Q4 25 | $-126.4M | — | ||
| Q3 25 | $52.6M | — | ||
| Q2 25 | $-69.8M | — | ||
| Q1 25 | $-110.0M | $-11.6M | ||
| Q4 24 | $85.0M | — | ||
| Q3 24 | $24.2M | — | ||
| Q2 24 | $27.1M | — | ||
| Q1 24 | $537.0K | — |
| Q4 25 | -87.9% | — | ||
| Q3 25 | 37.1% | — | ||
| Q2 25 | -51.3% | — | ||
| Q1 25 | -81.8% | -21.1% | ||
| Q4 24 | 60.8% | — | ||
| Q3 24 | 18.2% | — | ||
| Q2 24 | 22.3% | — | ||
| Q1 24 | 0.4% | — |
| Q4 25 | 4.2% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 0.8% | 28.2% | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 3.5% | — |
| Q4 25 | -3.45× | — | ||
| Q3 25 | 1.32× | — | ||
| Q2 25 | -1.84× | — | ||
| Q1 25 | -2.74× | — | ||
| Q4 24 | 2.11× | 2.44× | ||
| Q3 24 | 0.65× | 1.57× | ||
| Q2 24 | 0.99× | 2.13× | ||
| Q1 24 | 0.14× | 2.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNS
Segment breakdown not available.
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
