Target Hospitality (TH) Current Leases (2018 - 2026)
Target Hospitality (TH) posted quarterly Current Leases of $4.8 million for Q1 2026, up 112.18% year-over-year from $2.2 million in Q1 2025, and down 17.79% quarter-over-quarter from $5.8 million in Q4 2025.
Target Hospitality (TH) Current Leases (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Current Leases for 9 consecutive years, with $4.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Current Leases rose 112.18% year-over-year to $4.8 million; the TTM figure through Mar 2026 stood at $4.8 million (up 112.18% YoY), while the FY2025 annual figure was $5.8 million, up 212.2% from the prior year.
- Current Leases retreated to $4.8 million in Q1 2026 per TH's latest filing, from $5.8 million in the prior quarter.
- Across five years, Current Leases topped out at $12.5 million in Q4 2022 and bottomed at $816000.0 in Q1 2022.
- Historically, Current Leases has averaged $5.3 million across 5 years, with a median of $4.8 million in 2026.
- Annual changes were most pronounced in 2022 — Current Leases surged 1616.87% — and 2024, when it sank 84.39%.
- Target Hospitality's Current Leases stood at $12.5 million in 2022, then decreased by 4.81% to $11.9 million in 2023, then tumbled by 84.39% to $1.9 million in 2024, then surged by 212.2% to $5.8 million in 2025, then declined by 17.79% to $4.8 million in 2026.
- Business Quant data shows TH's Current Leases at $4.8 million in Q1 2026, $5.8 million in Q4 2025, and $7.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 56.51 Mn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 15.83 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | - |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 130.30 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 67.91 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 39.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 9.86 Mn |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn | 3.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.30 Mn |
| Mar 31, 2026 | 4.77 Mn |
| Dec 31, 2025 | 5.81 Mn |
| Sep 30, 2025 | 7.41 Mn |
| Jun 30, 2025 | 2.41 Mn |
| Mar 31, 2025 | 2.25 Mn |
| Dec 31, 2024 | 1.86 Mn |
| Sep 30, 2024 | 8.01 Mn |
| Jun 30, 2024 | 8.79 Mn |
| Mar 31, 2024 | 1.57 Mn |
| Dec 31, 2023 | 11.91 Mn |
| Sep 30, 2023 | 8.86 Mn |
| Jun 30, 2023 | 9.67 Mn |
| Mar 31, 2023 | 1.24 Mn |
| Dec 31, 2022 | 12.52 Mn |
| Sep 30, 2022 | 824,000.00 |
| Jun 30, 2022 | 832,000.00 |
| Mar 31, 2022 | 816,000.00 |
| Dec 31, 2021 | 729,000.00 |
| Sep 30, 2021 | 148,000.00 |