Target Hospitality (TH) EBITDA (2017 - 2026)
Target Hospitality (TH) reported EBITDA of -$13.0 million for Q1 2026, down 100.96% year-over-year from $1.4 billion in Q1 2025, and up 13.11% quarter-over-quarter from -$14.9 million in Q4 2025.
Target Hospitality (TH) EBITDA (2017 - 2026) Analysis & Trends
Target Hospitality (TH) has 10 years of EBITDA data on file, last reported at -$13.0 million in Q1 2026.
- EBITDA for Q1 2026 came in at -$13.0 million, down 100.96% year-over-year; the trailing twelve-month figure through Mar 2026 was -$43.6 million (down 198.16% YoY), and the FY2025 annual result was -$37.1 million, down 152.05% from the prior year.
- EBITDA improved to -$13.0 million in Q1 2026 per TH's latest filing, from -$14.9 million in the prior quarter.
- Over five years, EBITDA peaked at $85.4 million in Q3 2023 and troughed at -$131.8 million in Q4 2023.
- A 5-year average of $12.4 million and a median of $18.4 million in 2024 frame the typical range for EBITDA.
- On a YoY basis, EBITDA climbed as much as 16613.03% in 2023 and fell as far as 517.74% in 2023.
- A 5-year view of EBITDA shows it stood at $31.6 million in 2022, then tumbled by 517.74% to -$131.8 million in 2023, then surged by 109.44% to $12.4 million in 2024, then tumbled by 220.07% to -$14.9 million in 2025, then climbed by 13.11% to -$13.0 million in 2026.
- Business Quant data shows TH's EBITDA at -$13.0 million in Q1 2026, -$14.9 million in Q4 2025, and -$783000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 659.90 Mn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 464.28 Mn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 217.50 Mn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 138.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -15.65 Mn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 219.75 Mn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 151.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 112.95 Mn |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn | -12.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.99 Mn |
| Dec 31, 2025 | -14.95 Mn |
| Sep 30, 2025 | -783,000.00 |
| Jun 30, 2025 | -14.90 Mn |
| Mar 31, 2025 | -6.46 Mn |
| Dec 31, 2024 | 12.45 Mn |
| Sep 30, 2024 | 20.08 Mn |
| Jun 30, 2024 | 18.37 Mn |
| Mar 31, 2024 | 20.36 Mn |
| Dec 31, 2023 | -131.85 Mn |
| Sep 30, 2023 | 85.37 Mn |
| Jun 30, 2023 | 82.75 Mn |
| Mar 31, 2023 | 79.55 Mn |
| Dec 31, 2022 | 31.56 Mn |
| Sep 30, 2022 | 18.99 Mn |
| Jun 30, 2022 | 22.80 Mn |
| Mar 31, 2022 | 476,000.00 |
| Dec 31, 2021 | 2.80 Mn |
| Sep 30, 2021 | 6.66 Mn |
| Jun 30, 2021 | -905,000.00 |