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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and ONE Group Hospitality, Inc. (STKS). Click either name above to swap in a different company.
CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $207.0M, roughly 1.1× ONE Group Hospitality, Inc.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs -3.1%, a 7.5% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs -6.7%). CSW INDUSTRIALS, INC. produced more free cash flow last quarter ($22.7M vs $-329.0K). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% CAGR vs 5.1%).
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.
CSW vs STKS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $207.0M |
| Net Profit | $10.3M | $-6.4M |
| Gross Margin | 39.7% | — |
| Operating Margin | 7.4% | 2.2% |
| Net Margin | 4.4% | -3.1% |
| Revenue YoY | 20.3% | -6.7% |
| Net Profit YoY | -61.9% | -531.8% |
| EPS (diluted) | $0.62 | $-0.50 |
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 | $233.0M | $207.0M | ||
| Q3 25 | $277.0M | $180.2M | ||
| Q2 25 | $263.6M | $207.4M | ||
| Q1 25 | $230.5M | $211.1M | ||
| Q4 24 | $193.6M | $221.9M | ||
| Q3 24 | $227.9M | $194.0M | ||
| Q2 24 | $226.2M | $172.5M | ||
| Q1 24 | $210.9M | $85.0M |
| Q4 25 | $10.3M | $-6.4M | ||
| Q3 25 | $40.7M | $-76.7M | ||
| Q2 25 | $40.9M | $-10.1M | ||
| Q1 25 | $35.1M | $975.0K | ||
| Q4 24 | $26.9M | $1.5M | ||
| Q3 24 | $36.1M | $-9.3M | ||
| Q2 24 | $38.6M | $-7.3M | ||
| Q1 24 | $31.8M | $-2.1M |
| Q4 25 | 39.7% | — | ||
| Q3 25 | 43.0% | — | ||
| Q2 25 | 43.8% | — | ||
| Q1 25 | 44.2% | — | ||
| Q4 24 | 41.4% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 47.5% | — | ||
| Q1 24 | 44.4% | — |
| Q4 25 | 7.4% | 2.2% | ||
| Q3 25 | 20.5% | -4.4% | ||
| Q2 25 | 20.8% | 0.3% | ||
| Q1 25 | 19.5% | 5.1% | ||
| Q4 24 | 15.3% | 5.5% | ||
| Q3 24 | 22.6% | -1.9% | ||
| Q2 24 | 24.3% | 0.6% | ||
| Q1 24 | 21.0% | -0.7% |
| Q4 25 | 4.4% | -3.1% | ||
| Q3 25 | 14.7% | -42.6% | ||
| Q2 25 | 15.5% | -4.9% | ||
| Q1 25 | 15.2% | 0.5% | ||
| Q4 24 | 13.9% | 0.7% | ||
| Q3 24 | 15.8% | -4.8% | ||
| Q2 24 | 17.1% | -4.3% | ||
| Q1 24 | 15.1% | -2.4% |
| Q4 25 | $0.62 | $-0.50 | ||
| Q3 25 | $2.41 | $-2.75 | ||
| Q2 25 | $2.43 | $-0.59 | ||
| Q1 25 | $2.05 | $-0.21 | ||
| Q4 24 | $1.60 | $-0.18 | ||
| Q3 24 | $2.26 | $-0.53 | ||
| Q2 24 | $2.47 | $-0.38 | ||
| Q1 24 | $2.03 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $40.2M | $4.2M |
| Total DebtLower is stronger | — | $354.2M |
| Stockholders' EquityBook value | $1.1B | $-75.8M |
| Total Assets | $2.3B | $884.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | $4.2M | ||
| Q3 25 | $31.5M | $5.5M | ||
| Q2 25 | $38.0M | $4.7M | ||
| Q1 25 | $225.8M | $21.4M | ||
| Q4 24 | $213.8M | $27.6M | ||
| Q3 24 | $273.2M | $28.2M | ||
| Q2 24 | $18.9M | $32.2M | ||
| Q1 24 | $22.2M | $15.4M |
| Q4 25 | — | $354.2M | ||
| Q3 25 | — | $355.0M | ||
| Q2 25 | — | $347.4M | ||
| Q1 25 | $800.1M | $348.3M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M | ||
| Q1 24 | $166.0M | $73.5M |
| Q4 25 | $1.1B | $-75.8M | ||
| Q3 25 | $1.1B | $-61.5M | ||
| Q2 25 | $1.1B | $23.0M | ||
| Q1 25 | $1.1B | $40.5M | ||
| Q4 24 | $1.0B | $45.9M | ||
| Q3 24 | $1.0B | $51.4M | ||
| Q2 24 | $650.2M | $68.1M | ||
| Q1 24 | $615.7M | $68.3M |
| Q4 25 | $2.3B | $884.2M | ||
| Q3 25 | $1.5B | $879.5M | ||
| Q2 25 | $1.5B | $935.7M | ||
| Q1 25 | $1.4B | $956.0M | ||
| Q4 24 | $1.4B | $960.1M | ||
| Q3 24 | $1.4B | $953.5M | ||
| Q2 24 | $1.1B | $945.9M | ||
| Q1 24 | $1.0B | $309.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 15.07× | ||
| Q1 25 | 0.75× | 8.61× | ||
| Q4 24 | — | 7.59× | ||
| Q3 24 | — | 6.79× | ||
| Q2 24 | — | 5.14× | ||
| Q1 24 | 0.27× | 1.08× |
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 | $28.9M | $13.1M |
| Free Cash FlowOCF − Capex | $22.7M | $-329.0K |
| FCF MarginFCF / Revenue | 9.8% | -0.2% |
| Capex IntensityCapex / Revenue | 2.6% | 6.5% |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $-27.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $13.1M | ||
| Q3 25 | $61.8M | $5.9M | ||
| Q2 25 | $60.6M | $2.8M | ||
| Q1 25 | $27.3M | $8.5M | ||
| Q4 24 | $11.6M | $18.5M | ||
| Q3 24 | $66.8M | $19.1M | ||
| Q2 24 | $62.7M | $-3.8M | ||
| Q1 24 | $22.4M | $10.4M |
| Q4 25 | $22.7M | $-329.0K | ||
| Q3 25 | $58.7M | $-6.1M | ||
| Q2 25 | $57.7M | $-15.0M | ||
| Q1 25 | $22.8M | $-5.8M | ||
| Q4 24 | $8.5M | $733.0K | ||
| Q3 24 | $61.3M | $287.0K | ||
| Q2 24 | $59.6M | $-23.0M | ||
| Q1 24 | $17.5M | $-5.4M |
| Q4 25 | 9.8% | -0.2% | ||
| Q3 25 | 21.2% | -3.4% | ||
| Q2 25 | 21.9% | -7.2% | ||
| Q1 25 | 9.9% | -2.7% | ||
| Q4 24 | 4.4% | 0.3% | ||
| Q3 24 | 26.9% | 0.1% | ||
| Q2 24 | 26.3% | -13.3% | ||
| Q1 24 | 8.3% | -6.4% |
| Q4 25 | 2.6% | 6.5% | ||
| Q3 25 | 1.1% | 6.7% | ||
| Q2 25 | 1.1% | 8.6% | ||
| Q1 25 | 2.0% | 6.8% | ||
| Q4 24 | 1.6% | 8.0% | ||
| Q3 24 | 2.4% | 9.7% | ||
| Q2 24 | 1.4% | 11.1% | ||
| Q1 24 | 2.3% | 18.6% |
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 0.78× | 8.76× | ||
| Q4 24 | 0.43× | 12.54× | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 0.71× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
