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Side-by-side financial comparison of Sila Realty Trust, Inc. (SILA) 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 $50.1M, roughly 1.5× Sila Realty Trust, Inc.). Sila Realty Trust, Inc. runs the higher net margin — 10.0% vs -20.3%, a 30.4% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 7.6%). Over the past eight quarters, Target Hospitality Corp.'s revenue compounded faster (0.7% CAGR vs -0.6%).
Sila Realty Trust, Inc. is a U.S.-based real estate investment trust that owns, operates, and acquires high-quality income-generating commercial properties. Its core portfolio covers industrial logistics facilities, office assets and mixed-use properties, serving tenants across logistics, corporate and retail segments to deliver stable long-term returns.
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.
SILA vs TH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $73.5M |
| Net Profit | $5.0M | $-14.9M |
| Gross Margin | 88.9% | 9.6% |
| Operating Margin | — | -22.9% |
| Net Margin | 10.0% | -20.3% |
| Revenue YoY | 7.6% | 22.0% |
| Net Profit YoY | -54.9% | -219.1% |
| EPS (diluted) | $0.10 | $-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 | $50.1M | $73.5M | ||
| Q3 25 | $49.8M | $91.6M | ||
| Q2 25 | $48.7M | $54.9M | ||
| Q1 25 | $48.3M | $54.9M | ||
| Q4 24 | $46.5M | $60.2M | ||
| Q3 24 | $46.1M | $65.8M | ||
| Q2 24 | $43.6M | $67.5M | ||
| Q1 24 | $50.6M | $72.4M |
| Q4 25 | $5.0M | $-14.9M | ||
| Q3 25 | $11.6M | $-795.0K | ||
| Q2 25 | $8.6M | $-14.9M | ||
| Q1 25 | $7.9M | $-6.5M | ||
| Q4 24 | $11.1M | $12.5M | ||
| Q3 24 | $11.9M | $20.0M | ||
| Q2 24 | $4.6M | $18.4M | ||
| Q1 24 | $15.0M | $20.4M |
| Q4 25 | 88.9% | 9.6% | ||
| Q3 25 | 88.1% | 19.6% | ||
| Q2 25 | 87.7% | -0.6% | ||
| Q1 25 | 86.9% | 32.7% | ||
| Q4 24 | 87.3% | 61.5% | ||
| Q3 24 | 87.4% | 68.7% | ||
| Q2 24 | 86.6% | 69.4% | ||
| Q1 24 | 89.0% | 67.8% |
| Q4 25 | — | -22.9% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | -30.8% | ||
| Q1 25 | — | -2.0% | ||
| Q4 24 | — | 34.5% | ||
| Q3 24 | — | 42.5% | ||
| Q2 24 | — | 43.8% | ||
| Q1 24 | — | 42.0% |
| Q4 25 | 10.0% | -20.3% | ||
| Q3 25 | 23.3% | -0.9% | ||
| Q2 25 | 17.6% | -27.2% | ||
| Q1 25 | 16.4% | -11.8% | ||
| Q4 24 | 23.9% | 20.8% | ||
| Q3 24 | 25.9% | 30.4% | ||
| Q2 24 | 10.6% | 27.2% | ||
| Q1 24 | 29.6% | 28.2% |
| Q4 25 | $0.10 | $-0.14 | ||
| Q3 25 | $0.21 | $-0.01 | ||
| Q2 25 | $0.15 | $-0.15 | ||
| Q1 25 | $0.14 | $-0.07 | ||
| Q4 24 | $0.20 | $0.12 | ||
| Q3 24 | $0.21 | $0.20 | ||
| Q2 24 | $0.08 | $0.18 | ||
| Q1 24 | $0.26 | $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 | $32.3M | $8.3M |
| Total DebtLower is stronger | — | $1.7M |
| Stockholders' EquityBook value | $1.3B | $389.3M |
| Total Assets | $2.1B | $530.2M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $32.3M | $8.3M | ||
| Q3 25 | $27.7M | $30.4M | ||
| Q2 25 | $24.8M | $19.2M | ||
| Q1 25 | $30.5M | $34.5M | ||
| Q4 24 | $39.8M | $190.7M | ||
| Q3 24 | $28.6M | $177.7M | ||
| Q2 24 | $87.0M | $154.3M | ||
| Q1 24 | $90.2M | $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 | $1.3B | $389.3M | ||
| Q3 25 | $1.3B | $402.4M | ||
| Q2 25 | $1.4B | $401.3M | ||
| Q1 25 | $1.4B | $415.3M | ||
| Q4 24 | $1.4B | $421.1M | ||
| Q3 24 | $1.4B | $417.6M | ||
| Q2 24 | $1.5B | $397.2M | ||
| Q1 24 | $1.5B | $375.5M |
| Q4 25 | $2.1B | $530.2M | ||
| Q3 25 | $2.1B | $541.2M | ||
| Q2 25 | $2.0B | $533.7M | ||
| Q1 25 | $2.0B | $562.5M | ||
| Q4 24 | $2.0B | $725.8M | ||
| Q3 24 | $2.0B | $709.8M | ||
| Q2 24 | $2.1B | $697.0M | ||
| Q1 24 | $2.1B | $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 | $119.1M | $5.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 23.76× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $119.1M | $5.7M | ||
| Q3 25 | $30.0M | $53.4M | ||
| Q2 25 | $31.9M | $11.1M | ||
| Q1 25 | $24.1M | $3.9M | ||
| Q4 24 | $132.8M | $30.6M | ||
| Q3 24 | $29.1M | $31.4M | ||
| Q2 24 | $31.6M | $39.1M | ||
| Q1 24 | $36.6M | $50.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-11.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -21.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 28.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 23.76× | — | ||
| Q3 25 | 2.59× | — | ||
| Q2 25 | 3.71× | — | ||
| Q1 25 | 3.06× | — | ||
| Q4 24 | 11.95× | 2.44× | ||
| Q3 24 | 2.43× | 1.57× | ||
| Q2 24 | 6.84× | 2.13× | ||
| Q1 24 | 2.44× | 2.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SILA
Segment breakdown not available.
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
