vs
Side-by-side financial comparison of MID PENN BANCORP INC (MPB) 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 $62.0M, roughly 1.2× MID PENN BANCORP INC). MID PENN BANCORP INC runs the higher net margin — 31.4% vs -20.3%, a 51.7% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs 22.0%). Over the past eight quarters, MID PENN BANCORP INC's revenue compounded faster (21.1% CAGR vs 0.7%).
Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.
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.
MPB vs TH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.0M | $73.5M |
| Net Profit | $19.4M | $-14.9M |
| Gross Margin | — | 9.6% |
| Operating Margin | 43.6% | -22.9% |
| Net Margin | 31.4% | -20.3% |
| Revenue YoY | 30.8% | 22.0% |
| Net Profit YoY | 47.0% | -219.1% |
| EPS (diluted) | $0.83 | $-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 | $62.0M | $73.5M | ||
| Q3 25 | $61.8M | $91.6M | ||
| Q2 25 | $54.3M | $54.9M | ||
| Q1 25 | $47.7M | $54.9M | ||
| Q4 24 | $47.4M | $60.2M | ||
| Q3 24 | $45.3M | $65.8M | ||
| Q2 24 | $44.1M | $67.5M | ||
| Q1 24 | $42.3M | $72.4M |
| Q4 25 | $19.4M | $-14.9M | ||
| Q3 25 | $18.3M | $-795.0K | ||
| Q2 25 | $4.8M | $-14.9M | ||
| Q1 25 | $13.7M | $-6.5M | ||
| Q4 24 | $13.2M | $12.5M | ||
| Q3 24 | $12.3M | $20.0M | ||
| Q2 24 | $11.8M | $18.4M | ||
| Q1 24 | $12.1M | $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 | 43.6% | -22.9% | ||
| Q3 25 | 39.3% | 0.1% | ||
| Q2 25 | 7.9% | -30.8% | ||
| Q1 25 | 35.2% | -2.0% | ||
| Q4 24 | 34.1% | 34.5% | ||
| Q3 24 | 32.8% | 42.5% | ||
| Q2 24 | 32.4% | 43.8% | ||
| Q1 24 | 34.8% | 42.0% |
| Q4 25 | 31.4% | -20.3% | ||
| Q3 25 | 29.6% | -0.9% | ||
| Q2 25 | 8.8% | -27.2% | ||
| Q1 25 | 28.8% | -11.8% | ||
| Q4 24 | 27.9% | 20.8% | ||
| Q3 24 | 27.1% | 30.4% | ||
| Q2 24 | 26.7% | 27.2% | ||
| Q1 24 | 28.7% | 28.2% |
| Q4 25 | $0.83 | $-0.14 | ||
| Q3 25 | $0.79 | $-0.01 | ||
| Q2 25 | $0.22 | $-0.15 | ||
| Q1 25 | $0.71 | $-0.07 | ||
| Q4 24 | $0.72 | $0.12 | ||
| Q3 24 | $0.74 | $0.20 | ||
| Q2 24 | $0.71 | $0.18 | ||
| Q1 24 | $0.73 | $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 | — | $8.3M |
| Total DebtLower is stronger | — | $1.7M |
| Stockholders' EquityBook value | $814.1M | $389.3M |
| Total Assets | $6.1B | $530.2M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| 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 |
| 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 | $814.1M | $389.3M | ||
| Q3 25 | $796.3M | $402.4M | ||
| Q2 25 | $775.7M | $401.3M | ||
| Q1 25 | $667.9M | $415.3M | ||
| Q4 24 | $655.0M | $421.1M | ||
| Q3 24 | $573.1M | $417.6M | ||
| Q2 24 | $559.7M | $397.2M | ||
| Q1 24 | $551.0M | $375.5M |
| Q4 25 | $6.1B | $530.2M | ||
| Q3 25 | $6.3B | $541.2M | ||
| Q2 25 | $6.4B | $533.7M | ||
| Q1 25 | $5.5B | $562.5M | ||
| Q4 24 | $5.5B | $725.8M | ||
| Q3 24 | $5.5B | $709.8M | ||
| Q2 24 | $5.4B | $697.0M | ||
| Q1 24 | $5.3B | $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 | $80.0M | $5.7M |
| Free Cash FlowOCF − Capex | $71.8M | — |
| FCF MarginFCF / Revenue | 115.8% | — |
| Capex IntensityCapex / Revenue | 13.3% | — |
| Cash ConversionOCF / Net Profit | 4.12× | — |
| TTM Free Cash FlowTrailing 4 quarters | $132.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.0M | $5.7M | ||
| Q3 25 | $26.3M | $53.4M | ||
| Q2 25 | $29.0M | $11.1M | ||
| Q1 25 | $11.5M | $3.9M | ||
| Q4 24 | $51.4M | $30.6M | ||
| Q3 24 | $16.9M | $31.4M | ||
| Q2 24 | $18.0M | $39.1M | ||
| Q1 24 | $12.4M | $50.6M |
| Q4 25 | $71.8M | — | ||
| Q3 25 | $24.3M | — | ||
| Q2 25 | $27.2M | — | ||
| Q1 25 | $8.8M | $-11.6M | ||
| Q4 24 | $44.5M | — | ||
| Q3 24 | $16.8M | — | ||
| Q2 24 | $17.7M | — | ||
| Q1 24 | $12.1M | — |
| Q4 25 | 115.8% | — | ||
| Q3 25 | 39.4% | — | ||
| Q2 25 | 50.1% | — | ||
| Q1 25 | 18.4% | -21.1% | ||
| Q4 24 | 93.8% | — | ||
| Q3 24 | 37.1% | — | ||
| Q2 24 | 40.2% | — | ||
| Q1 24 | 28.5% | — |
| Q4 25 | 13.3% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 5.7% | 28.2% | ||
| Q4 24 | 14.6% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 0.8% | — |
| Q4 25 | 4.12× | — | ||
| Q3 25 | 1.44× | — | ||
| Q2 25 | 6.08× | — | ||
| Q1 25 | 0.84× | — | ||
| Q4 24 | 3.88× | 2.44× | ||
| Q3 24 | 1.37× | 1.57× | ||
| Q2 24 | 1.53× | 2.13× | ||
| Q1 24 | 1.02× | 2.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MPB
Segment breakdown not available.
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
