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Side-by-side financial comparison of MEDALLION FINANCIAL CORP (MFIN) 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 $70.6M, roughly 1.0× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs -20.3%, a 37.6% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs 22.0%). Over the past eight quarters, MEDALLION FINANCIAL CORP's revenue compounded faster (15.0% CAGR vs 0.7%).

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

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.

MFIN vs TH — Head-to-Head

Bigger by revenue
TH
TH
1.0× larger
TH
$73.5M
$70.6M
MFIN
Growing faster (revenue YoY)
MFIN
MFIN
+3.5% gap
MFIN
25.4%
22.0%
TH
Higher net margin
MFIN
MFIN
37.6% more per $
MFIN
17.3%
-20.3%
TH
Faster 2-yr revenue CAGR
MFIN
MFIN
Annualised
MFIN
15.0%
0.7%
TH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MFIN
MFIN
TH
TH
Revenue
$70.6M
$73.5M
Net Profit
$12.2M
$-14.9M
Gross Margin
9.6%
Operating Margin
29.3%
-22.9%
Net Margin
17.3%
-20.3%
Revenue YoY
25.4%
22.0%
Net Profit YoY
20.3%
-219.1%
EPS (diluted)
$0.50
$-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
MFIN
MFIN
TH
TH
Q4 25
$70.6M
$73.5M
Q3 25
$58.7M
$91.6M
Q2 25
$62.6M
$54.9M
Q1 25
$63.0M
$54.9M
Q4 24
$56.3M
$60.2M
Q3 24
$53.3M
$65.8M
Q2 24
$51.0M
$67.5M
Q1 24
$53.3M
$72.4M
Net Profit
MFIN
MFIN
TH
TH
Q4 25
$12.2M
$-14.9M
Q3 25
$7.8M
$-795.0K
Q2 25
$11.1M
$-14.9M
Q1 25
$12.0M
$-6.5M
Q4 24
$10.1M
$12.5M
Q3 24
$8.6M
$20.0M
Q2 24
$7.1M
$18.4M
Q1 24
$10.0M
$20.4M
Gross Margin
MFIN
MFIN
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
MFIN
MFIN
TH
TH
Q4 25
29.3%
-22.9%
Q3 25
33.2%
0.1%
Q2 25
31.1%
-30.8%
Q1 25
32.1%
-2.0%
Q4 24
32.8%
34.5%
Q3 24
26.6%
42.5%
Q2 24
24.3%
43.8%
Q1 24
33.6%
42.0%
Net Margin
MFIN
MFIN
TH
TH
Q4 25
17.3%
-20.3%
Q3 25
13.2%
-0.9%
Q2 25
17.7%
-27.2%
Q1 25
19.1%
-11.8%
Q4 24
18.0%
20.8%
Q3 24
16.1%
30.4%
Q2 24
13.9%
27.2%
Q1 24
18.8%
28.2%
EPS (diluted)
MFIN
MFIN
TH
TH
Q4 25
$0.50
$-0.14
Q3 25
$0.32
$-0.01
Q2 25
$0.46
$-0.15
Q1 25
$0.50
$-0.07
Q4 24
$0.43
$0.12
Q3 24
$0.37
$0.20
Q2 24
$0.30
$0.18
Q1 24
$0.42
$0.20

Balance Sheet & Financial Strength

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

Metric
MFIN
MFIN
TH
TH
Cash + ST InvestmentsLiquidity on hand
$136.3M
$8.3M
Total DebtLower is stronger
$216.0M
$1.7M
Stockholders' EquityBook value
$408.6M
$389.3M
Total Assets
$3.0B
$530.2M
Debt / EquityLower = less leverage
0.53×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFIN
MFIN
TH
TH
Q4 25
$136.3M
$8.3M
Q3 25
$72.5M
$30.4M
Q2 25
$110.4M
$19.2M
Q1 25
$131.5M
$34.5M
Q4 24
$98.2M
$190.7M
Q3 24
$120.6M
$177.7M
Q2 24
$87.7M
$154.3M
Q1 24
$54.8M
$124.3M
Total Debt
MFIN
MFIN
TH
TH
Q4 25
$216.0M
$1.7M
Q3 25
$215.7M
$2.0M
Q2 25
$199.9M
$26.3M
Q1 25
$199.7M
$42.9M
Q4 24
$232.2M
$1.5M
Q3 24
$232.0M
$994.0K
Q2 24
$230.8M
$1.1M
Q1 24
$225.6M
$179.9M
Stockholders' Equity
MFIN
MFIN
TH
TH
Q4 25
$408.6M
$389.3M
Q3 25
$397.4M
$402.4M
Q2 25
$389.9M
$401.3M
Q1 25
$380.2M
$415.3M
Q4 24
$370.2M
$421.1M
Q3 24
$362.4M
$417.6M
Q2 24
$354.0M
$397.2M
Q1 24
$349.0M
$375.5M
Total Assets
MFIN
MFIN
TH
TH
Q4 25
$3.0B
$530.2M
Q3 25
$2.9B
$541.2M
Q2 25
$2.9B
$533.7M
Q1 25
$2.8B
$562.5M
Q4 24
$2.9B
$725.8M
Q3 24
$2.9B
$709.8M
Q2 24
$2.8B
$697.0M
Q1 24
$2.6B
$687.2M
Debt / Equity
MFIN
MFIN
TH
TH
Q4 25
0.53×
0.00×
Q3 25
0.54×
0.01×
Q2 25
0.51×
0.07×
Q1 25
0.53×
0.10×
Q4 24
0.63×
0.00×
Q3 24
0.64×
0.00×
Q2 24
0.65×
0.00×
Q1 24
0.65×
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
MFIN
MFIN
TH
TH
Operating Cash FlowLast quarter
$126.3M
$5.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
10.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MFIN
MFIN
TH
TH
Q4 25
$126.3M
$5.7M
Q3 25
$67.0M
$53.4M
Q2 25
$-10.7M
$11.1M
Q1 25
$36.3M
$3.9M
Q4 24
$108.7M
$30.6M
Q3 24
$24.6M
$31.4M
Q2 24
$27.6M
$39.1M
Q1 24
$32.3M
$50.6M
Free Cash Flow
MFIN
MFIN
TH
TH
Q4 25
Q3 25
Q2 25
Q1 25
$-11.6M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
MFIN
MFIN
TH
TH
Q4 25
Q3 25
Q2 25
Q1 25
-21.1%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
MFIN
MFIN
TH
TH
Q4 25
Q3 25
Q2 25
Q1 25
28.2%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
MFIN
MFIN
TH
TH
Q4 25
10.35×
Q3 25
8.63×
Q2 25
-0.97×
Q1 25
3.02×
Q4 24
10.72×
2.44×
Q3 24
2.86×
1.57×
Q2 24
3.89×
2.13×
Q1 24
3.22×
2.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MFIN
MFIN

Segment breakdown not available.

TH
TH

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

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