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Side-by-side financial comparison of EQUITY BANCSHARES INC (EQBK) 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 $63.5M, roughly 1.2× EQUITY BANCSHARES INC). EQUITY BANCSHARES INC runs the higher net margin — 34.8% vs -20.3%, a 55.1% gap on every dollar of revenue. On growth, EQUITY BANCSHARES INC posted the faster year-over-year revenue change (28.4% vs 22.0%). Over the past eight quarters, EQUITY BANCSHARES INC's revenue compounded faster (6.6% CAGR vs 0.7%).

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...

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.

EQBK vs TH — Head-to-Head

Bigger by revenue
TH
TH
1.2× larger
TH
$73.5M
$63.5M
EQBK
Growing faster (revenue YoY)
EQBK
EQBK
+6.4% gap
EQBK
28.4%
22.0%
TH
Higher net margin
EQBK
EQBK
55.1% more per $
EQBK
34.8%
-20.3%
TH
Faster 2-yr revenue CAGR
EQBK
EQBK
Annualised
EQBK
6.6%
0.7%
TH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EQBK
EQBK
TH
TH
Revenue
$63.5M
$73.5M
Net Profit
$22.1M
$-14.9M
Gross Margin
9.6%
Operating Margin
41.7%
-22.9%
Net Margin
34.8%
-20.3%
Revenue YoY
28.4%
22.0%
Net Profit YoY
30.0%
-219.1%
EPS (diluted)
$1.07
$-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
EQBK
EQBK
TH
TH
Q4 25
$63.5M
$73.5M
Q3 25
$18.0M
$91.6M
Q2 25
$58.4M
$54.9M
Q1 25
$60.6M
$54.9M
Q4 24
$58.3M
$60.2M
Q3 24
$55.3M
$65.8M
Q2 24
$55.4M
$67.5M
Q1 24
$55.9M
$72.4M
Net Profit
EQBK
EQBK
TH
TH
Q4 25
$22.1M
$-14.9M
Q3 25
$-29.7M
$-795.0K
Q2 25
$15.3M
$-14.9M
Q1 25
$15.0M
$-6.5M
Q4 24
$17.0M
$12.5M
Q3 24
$19.9M
$20.0M
Q2 24
$11.7M
$18.4M
Q1 24
$14.1M
$20.4M
Gross Margin
EQBK
EQBK
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
EQBK
EQBK
TH
TH
Q4 25
41.7%
-22.9%
Q3 25
-207.2%
0.1%
Q2 25
31.5%
-30.8%
Q1 25
31.1%
-2.0%
Q4 24
35.0%
34.5%
Q3 24
43.1%
42.5%
Q2 24
29.4%
43.8%
Q1 24
31.8%
42.0%
Net Margin
EQBK
EQBK
TH
TH
Q4 25
34.8%
-20.3%
Q3 25
-164.7%
-0.9%
Q2 25
26.1%
-27.2%
Q1 25
24.8%
-11.8%
Q4 24
29.1%
20.8%
Q3 24
35.9%
30.4%
Q2 24
21.1%
27.2%
Q1 24
25.2%
28.2%
EPS (diluted)
EQBK
EQBK
TH
TH
Q4 25
$1.07
$-0.14
Q3 25
$-1.55
$-0.01
Q2 25
$0.86
$-0.15
Q1 25
$0.85
$-0.07
Q4 24
$1.06
$0.12
Q3 24
$1.28
$0.20
Q2 24
$0.76
$0.18
Q1 24
$0.90
$0.20

Balance Sheet & Financial Strength

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

Metric
EQBK
EQBK
TH
TH
Cash + ST InvestmentsLiquidity on hand
$8.3M
Total DebtLower is stronger
$443.2M
$1.7M
Stockholders' EquityBook value
$732.1M
$389.3M
Total Assets
$6.4B
$530.2M
Debt / EquityLower = less leverage
0.61×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQBK
EQBK
TH
TH
Q4 25
$8.3M
Q3 25
$30.4M
Q2 25
$19.2M
Q1 25
$34.5M
Q4 24
$190.7M
Q3 24
$177.7M
Q2 24
$154.3M
Q1 24
$124.3M
Total Debt
EQBK
EQBK
TH
TH
Q4 25
$443.2M
$1.7M
Q3 25
$486.9M
$2.0M
Q2 25
$448.4M
$26.3M
Q1 25
$376.9M
$42.9M
Q4 24
$312.8M
$1.5M
Q3 24
$437.5M
$994.0K
Q2 24
$391.7M
$1.1M
Q1 24
$367.1M
$179.9M
Stockholders' Equity
EQBK
EQBK
TH
TH
Q4 25
$732.1M
$389.3M
Q3 25
$711.9M
$402.4M
Q2 25
$635.6M
$401.3M
Q1 25
$617.3M
$415.3M
Q4 24
$592.9M
$421.1M
Q3 24
$504.0M
$417.6M
Q2 24
$461.4M
$397.2M
Q1 24
$456.8M
$375.5M
Total Assets
EQBK
EQBK
TH
TH
Q4 25
$6.4B
$530.2M
Q3 25
$6.4B
$541.2M
Q2 25
$5.4B
$533.7M
Q1 25
$5.4B
$562.5M
Q4 24
$5.3B
$725.8M
Q3 24
$5.4B
$709.8M
Q2 24
$5.2B
$697.0M
Q1 24
$5.2B
$687.2M
Debt / Equity
EQBK
EQBK
TH
TH
Q4 25
0.61×
0.00×
Q3 25
0.68×
0.01×
Q2 25
0.71×
0.07×
Q1 25
0.61×
0.10×
Q4 24
0.53×
0.00×
Q3 24
0.87×
0.00×
Q2 24
0.85×
0.00×
Q1 24
0.80×
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
EQBK
EQBK
TH
TH
Operating Cash FlowLast quarter
$51.4M
$5.7M
Free Cash FlowOCF − Capex
$38.1M
FCF MarginFCF / Revenue
60.0%
Capex IntensityCapex / Revenue
20.9%
Cash ConversionOCF / Net Profit
2.33×
TTM Free Cash FlowTrailing 4 quarters
$88.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQBK
EQBK
TH
TH
Q4 25
$51.4M
$5.7M
Q3 25
$8.5M
$53.4M
Q2 25
$28.3M
$11.1M
Q1 25
$21.7M
$3.9M
Q4 24
$73.8M
$30.6M
Q3 24
$23.5M
$31.4M
Q2 24
$16.0M
$39.1M
Q1 24
$12.6M
$50.6M
Free Cash Flow
EQBK
EQBK
TH
TH
Q4 25
$38.1M
Q3 25
$4.5M
Q2 25
$26.0M
Q1 25
$20.2M
$-11.6M
Q4 24
$65.4M
Q3 24
$19.7M
Q2 24
$15.2M
Q1 24
$10.6M
FCF Margin
EQBK
EQBK
TH
TH
Q4 25
60.0%
Q3 25
24.7%
Q2 25
44.5%
Q1 25
33.3%
-21.1%
Q4 24
112.1%
Q3 24
35.6%
Q2 24
27.4%
Q1 24
19.0%
Capex Intensity
EQBK
EQBK
TH
TH
Q4 25
20.9%
Q3 25
22.3%
Q2 25
3.9%
Q1 25
2.4%
28.2%
Q4 24
14.6%
Q3 24
6.8%
Q2 24
1.5%
Q1 24
3.6%
Cash Conversion
EQBK
EQBK
TH
TH
Q4 25
2.33×
Q3 25
Q2 25
1.85×
Q1 25
1.44×
Q4 24
4.35×
2.44×
Q3 24
1.18×
1.57×
Q2 24
1.37×
2.13×
Q1 24
0.90×
2.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EQBK
EQBK

Segment breakdown not available.

TH
TH

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

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