Target Hospitality (TH) EBITDA Margin (2018 - 2026)
Target Hospitality (TH) reported EBITDA Margin of 56.47% for Q1 2026, down 5384.0% year-over-year from 1.07% in Q1 2025, and down 350.61% quarter-over-quarter from 12.53% in Q4 2025.
Target Hospitality (TH) EBITDA Margin (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of EBITDA Margin data on file, last reported at 56.47% in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 56.47%, down 5384.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.11% (down 2607.0% YoY), and the FY2025 annual result was 11.57%, down 3837.0% from the prior year.
- EBITDA Margin declined to 56.47% in Q1 2026 per TH's latest filing, from 12.53% in the prior quarter.
- Over five years, EBITDA Margin peaked at 183.66% in Q4 2023 and troughed at 56.47% in Q1 2026.
- A 5-year average of 24.47% and a median of 18.23% in 2024 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin surged 15134 bps in 2023, then slumped 21761 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 32.32% in 2022, then soared by 468 bps to 183.66% in 2023, then plunged by 118 bps to 33.95% in 2024, then surged by 63 bps to 12.53% in 2025, then plunged by 351 bps to 56.47% in 2026.
- Business Quant data shows TH's EBITDA Margin at 56.47% in Q1 2026, 12.53% in Q4 2025, and 0.86% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 23.22% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 37.53% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 17.62% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 18.21% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -0.53% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 4.48% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 4.34% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 28.55% |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn | -56.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -56.47% |
| Dec 31, 2025 | -12.53% |
| Sep 30, 2025 | -0.86% |
| Jun 30, 2025 | -27.13% |
| Mar 31, 2025 | -2.63% |
| Dec 31, 2024 | -33.95% |
| Sep 30, 2024 | 21.10% |
| Jun 30, 2024 | 18.23% |
| Mar 31, 2024 | 28.13% |
| Dec 31, 2023 | 183.66% |
| Sep 30, 2023 | 91.27% |
| Jun 30, 2023 | 57.61% |
| Mar 31, 2023 | 83.89% |
| Dec 31, 2022 | 32.32% |
| Sep 30, 2022 | 11.90% |
| Jun 30, 2022 | 20.80% |
| Mar 31, 2022 | 0.59% |
| Dec 31, 2021 | 4.72% |
| Sep 30, 2021 | 9.93% |
| Jun 30, 2021 | -1.67% |