vs
Side-by-side financial comparison of Origin Bancorp, Inc. (OBK) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.
Origin Bancorp, Inc. is the larger business by last-quarter revenue ($104.0M vs $73.5M, roughly 1.4× Target Hospitality Corp.). Origin Bancorp, Inc. runs the higher net margin — 26.6% vs -20.3%, a 47.0% gap on every dollar of revenue. Over the past eight quarters, Origin Bancorp, Inc.'s revenue compounded faster (3.9% CAGR vs 0.7%).
Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern".
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.
OBK vs TH — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.0M | $73.5M |
| Net Profit | $27.7M | $-14.9M |
| Gross Margin | — | 9.6% |
| Operating Margin | — | -22.9% |
| Net Margin | 26.6% | -20.3% |
| Revenue YoY | — | 22.0% |
| Net Profit YoY | — | -219.1% |
| EPS (diluted) | $0.89 | $-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.
| Q1 26 | $104.0M | — | ||
| Q4 25 | $103.4M | $73.5M | ||
| Q3 25 | $109.8M | $91.6M | ||
| Q2 25 | $83.5M | $54.9M | ||
| Q1 25 | $94.1M | $54.9M | ||
| Q4 24 | $78.3M | $60.2M | ||
| Q3 24 | $90.8M | $65.8M | ||
| Q2 24 | $96.4M | $67.5M |
| Q1 26 | $27.7M | — | ||
| Q4 25 | $29.5M | $-14.9M | ||
| Q3 25 | $8.6M | $-795.0K | ||
| Q2 25 | $14.6M | $-14.9M | ||
| Q1 25 | $22.4M | $-6.5M | ||
| Q4 24 | $14.3M | $12.5M | ||
| Q3 24 | $18.6M | $20.0M | ||
| Q2 24 | $21.0M | $18.4M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 36.2% | -22.9% | ||
| Q3 25 | 10.0% | 0.1% | ||
| Q2 25 | 22.3% | -30.8% | ||
| Q1 25 | 30.4% | -2.0% | ||
| Q4 24 | 23.0% | 34.5% | ||
| Q3 24 | 26.1% | 42.5% | ||
| Q2 24 | 27.7% | 43.8% |
| Q1 26 | 26.6% | — | ||
| Q4 25 | 28.5% | -20.3% | ||
| Q3 25 | 7.9% | -0.9% | ||
| Q2 25 | 17.5% | -27.2% | ||
| Q1 25 | 23.8% | -11.8% | ||
| Q4 24 | 18.2% | 20.8% | ||
| Q3 24 | 20.5% | 30.4% | ||
| Q2 24 | 21.8% | 27.2% |
| Q1 26 | $0.89 | — | ||
| Q4 25 | $0.95 | $-0.14 | ||
| Q3 25 | $0.27 | $-0.01 | ||
| Q2 25 | $0.47 | $-0.15 | ||
| Q1 25 | $0.71 | $-0.07 | ||
| Q4 24 | $0.45 | $0.12 | ||
| Q3 24 | $0.60 | $0.20 | ||
| Q2 24 | $0.67 | $0.18 |
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 | $1.3B | $389.3M |
| Total Assets | $10.2B | $530.2M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $424.2M | $8.3M | ||
| Q3 25 | $626.9M | $30.4M | ||
| Q2 25 | $334.1M | $19.2M | ||
| Q1 25 | $486.2M | $34.5M | ||
| Q4 24 | $470.2M | $190.7M | ||
| Q3 24 | $321.2M | $177.7M | ||
| Q2 24 | $288.1M | $154.3M |
| Q1 26 | — | — | ||
| 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 26 | $1.3B | — | ||
| Q4 25 | $1.2B | $389.3M | ||
| Q3 25 | $1.2B | $402.4M | ||
| Q2 25 | $1.2B | $401.3M | ||
| Q1 25 | $1.2B | $415.3M | ||
| Q4 24 | $1.1B | $421.1M | ||
| Q3 24 | $1.1B | $417.6M | ||
| Q2 24 | $1.1B | $397.2M |
| Q1 26 | $10.2B | — | ||
| Q4 25 | $9.7B | $530.2M | ||
| Q3 25 | $9.8B | $541.2M | ||
| Q2 25 | $9.7B | $533.7M | ||
| Q1 25 | $9.8B | $562.5M | ||
| Q4 24 | $9.7B | $725.8M | ||
| Q3 24 | $10.0B | $709.8M | ||
| Q2 24 | $9.9B | $697.0M |
| Q1 26 | — | — | ||
| 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× |
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 | — | $5.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $158.9M | $5.7M | ||
| Q3 25 | $59.3M | $53.4M | ||
| Q2 25 | $20.6M | $11.1M | ||
| Q1 25 | $35.6M | $3.9M | ||
| Q4 24 | $108.5M | $30.6M | ||
| Q3 24 | $39.6M | $31.4M | ||
| Q2 24 | $11.9M | $39.1M |
| Q1 26 | — | — | ||
| Q4 25 | $151.1M | — | ||
| Q3 25 | $56.8M | — | ||
| Q2 25 | $19.6M | — | ||
| Q1 25 | $34.8M | $-11.6M | ||
| Q4 24 | $86.4M | — | ||
| Q3 24 | $32.2M | — | ||
| Q2 24 | $6.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | 146.0% | — | ||
| Q3 25 | 51.7% | — | ||
| Q2 25 | 23.5% | — | ||
| Q1 25 | 37.0% | -21.1% | ||
| Q4 24 | 110.3% | — | ||
| Q3 24 | 35.5% | — | ||
| Q2 24 | 6.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 0.8% | 28.2% | ||
| Q4 24 | 28.1% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 5.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.38× | — | ||
| Q3 25 | 6.88× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 7.60× | 2.44× | ||
| Q3 24 | 2.13× | 1.57× | ||
| Q2 24 | 0.57× | 2.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OBK
| Net Interest Income | $87.2M | 84% |
| Noninterest Income | $16.8M | 16% |
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
