Target Hospitality (TH) EBITDA (2017 - 2026)

Target Hospitality's (TH) quarterly EBITDA came in at -$14.3 million in Q1 2026, down 1231.13% year-on-year from $1.3 million in Q1 2025, and up 14.86% on a QoQ basis from -$16.8 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 -$14.3 million in Q1 2026.

  • On a quarterly basis, EBITDA fell 1231.13% year-over-year to -$14.3 million in Q1 2026; TTM through Mar 2026 was -$48.0 million, a 162.11% decrease from a year earlier, with the FY2025 full-year figure at -$34.7 million, down 131.94% from the prior year.
  • EBITDA for Q1 2026 stood at -$14.3 million, up from -$16.8 million in the prior quarter.
  • Over the last five years, EBITDA for TH reached as high as $67.7 million in Q3 2023 and fell as low as -$16.9 million in Q2 2025.
  • Historically, EBITDA has averaged $27.9 million across 5 years, with a median of $29.6 million in 2024.
  • Across the five-year window, EBITDA surged 401.02% in 2022 and sank 1231.13% in 2026, its largest moves.
  • Year by year, EBITDA stood at $64.2 million in 2022, then dropped by 28.09% to $46.2 million in 2023, then sank by 54.95% to $20.8 million in 2024, then sank by 180.87% to -$16.8 million in 2025, then climbed by 14.86% to -$14.3 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were -$14.3 million in Q1 2026, -$16.8 million in Q4 2025, and $69000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 659.90 Mn
2 Rentokil Initial 73.75 Bn 71.25 Bn - 510.00 Mn
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - 611.00 Mn
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 464.28 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -15.65 Mn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 217.50 Mn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 138.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 219.75 Mn
10 Target Hospitality 1.63 Bn 1.63 Bn 6.88 Mn -14.32 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.32 Mn
Dec 31, 2025 -16.82 Mn
Sep 30, 2025 69,000.00
Jun 30, 2025 -16.92 Mn
Mar 31, 2025 -1.08 Mn
Dec 31, 2024 20.80 Mn
Sep 30, 2024 27.99 Mn
Jun 30, 2024 29.55 Mn
Mar 31, 2024 30.44 Mn
Dec 31, 2023 46.18 Mn
Sep 30, 2023 67.72 Mn
Jun 30, 2023 64.76 Mn
Mar 31, 2023 61.96 Mn
Dec 31, 2022 64.21 Mn
Sep 30, 2022 59.94 Mn
Jun 30, 2022 37.83 Mn
Mar 31, 2022 12.38 Mn
Dec 31, 2021 13.68 Mn
Sep 30, 2021 16.68 Mn
Jun 30, 2021 10.85 Mn