Target Hospitality (TH) EBITDA Margin (2018 - 2026)
Target Hospitality (TH) posted quarterly EBITDA Margin of 25.49% for Q1 2026, down 2505.0% year-over-year from 1.06% in Q1 2025, and up 33.43% quarter-over-quarter from 38.28% in Q4 2025.
Target Hospitality (TH) EBITDA Margin (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported EBITDA Margin for 9 consecutive years, with 25.49% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 2505.0% year-over-year to 25.49%; the TTM figure through Mar 2026 stood at 19.46% (down 3704.0% YoY), while the FY2025 annual figure was 12.64%, down 5355.0% from the prior year.
- EBITDA Margin advanced to 25.49% in Q1 2026 per TH's latest filing, from 38.28% in the prior quarter.
- Across five years, EBITDA Margin topped out at 72.42% in Q3 2023 and bottomed at 38.28% in Q4 2025.
- Historically, EBITDA Margin has averaged 25.66% across 5 years, with a median of 41.91% in 2023.
- Annual changes were most pronounced in 2022 — EBITDA Margin jumped 3334 bps — and 2025, when it slumped 7460 bps.
- Target Hospitality's EBITDA Margin stood at 24.14% in 2022, then jumped by 126 bps to 54.5% in 2023, then tumbled by 37 bps to 34.54% in 2024, then plunged by 211 bps to 38.28% in 2025, then jumped by 33 bps to 25.49% in 2026.
- Business Quant data shows TH's EBITDA Margin at 25.49% in Q1 2026, 38.28% in Q4 2025, and 0.08% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 23.17% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 37.53% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 10.15% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 17.07% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 4.26% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 18.38% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 11.25% |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn | -8.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -8.77% |
| Mar 31, 2026 | -25.49% |
| Dec 31, 2025 | -38.28% |
| Sep 30, 2025 | 0.08% |
| Jun 30, 2025 | -30.82% |
| Mar 31, 2025 | -0.44% |
| Dec 31, 2024 | 34.54% |
| Sep 30, 2024 | 42.54% |
| Jun 30, 2024 | 43.78% |
| Mar 31, 2024 | 42.04% |
| Dec 31, 2023 | 54.50% |
| Sep 30, 2023 | 72.42% |
| Jun 30, 2023 | 45.09% |
| Mar 31, 2023 | 41.91% |
| Dec 31, 2022 | 24.14% |
| Sep 30, 2022 | 58.20% |
| Jun 30, 2022 | 50.85% |
| Mar 31, 2022 | 21.10% |
| Dec 31, 2021 | 23.06% |
| Sep 30, 2021 | 24.86% |