Target Hospitality (TH) Deferred Taxes (2018 - 2026)
Target Hospitality (TH) posted quarterly Deferred Taxes of -$2.3 million for Q1 2026, down 47.55% year-over-year from -$4.3 million in Q1 2025, and up 3.22% quarter-over-quarter from -$2.3 million in Q4 2025.
Target Hospitality (TH) Deferred Taxes (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Deferred Taxes for 9 consecutive years, with -$2.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Deferred Taxes fell 47.55% year-over-year to -$2.3 million; the TTM figure through Mar 2026 stood at -$7.7 million (down 72.41% YoY), while the FY2025 annual figure was -$7.0 million, down 82.99% from the prior year.
- Deferred Taxes advanced to -$2.3 million in Q1 2026 per TH's latest filing, from -$2.3 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $15.0 million in Q4 2022 and bottomed at -$3.5 million in Q4 2024.
- Historically, Deferred Taxes has averaged $3.2 million across 5 years, with a median of $725000.0 in 2022.
- Annual changes were most pronounced in 2022 — Deferred Taxes surged 1534.95% — and 2025, when it slumped 268.02%.
- Target Hospitality's Deferred Taxes stood at $15.0 million in 2022, then tumbled by 68.79% to $4.7 million in 2023, then slumped by 174.69% to -$3.5 million in 2024, then soared by 33.19% to -$2.3 million in 2025, then rose by 3.22% to -$2.3 million in 2026.
- Business Quant data shows TH's Deferred Taxes at -$2.3 million in Q1 2026, -$2.3 million in Q4 2025, and $216000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | -20.15 Mn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 2.27 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 154.46 Mn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | - |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 23.41 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 41.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | -3.67 Mn |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn | 78,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78,000.00 |
| Mar 31, 2026 | -2.26 Mn |
| Dec 31, 2025 | -2.33 Mn |
| Sep 30, 2025 | 216,000.00 |
| Jun 30, 2025 | -3.32 Mn |
| Mar 31, 2025 | -1.53 Mn |
| Dec 31, 2024 | -3.49 Mn |
| Sep 30, 2024 | -1.41 Mn |
| Jun 30, 2024 | 1.97 Mn |
| Mar 31, 2024 | -874,000.00 |
| Dec 31, 2023 | 4.67 Mn |
| Sep 30, 2023 | 13.51 Mn |
| Jun 30, 2023 | 11.83 Mn |
| Mar 31, 2023 | 7.89 Mn |
| Dec 31, 2022 | 14.96 Mn |
| Sep 30, 2022 | 8.57 Mn |
| Jun 30, 2022 | 5.63 Mn |
| Mar 31, 2022 | 725,000.00 |
| Dec 31, 2021 | 1.27 Mn |
| Sep 30, 2021 | 1.32 Mn |