Target Hospitality (TH) EBT (2017 - 2026)
Target Hospitality's (TH) quarterly EBT came in at -$8.5 million in Q2 2026, up 52.35% year-over-year from -$5.6 million in Q2 2025, and up 44.08% quarter-over-quarter from -$15.2 million in Q1 2026.
Analysis
Target Hospitality (TH) EBT (2017 - 2026) Analysis & Trends
Target Hospitality (TH) has reported EBT for 10 consecutive years, with -$8.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT rose 52.35% year-over-year to -$8.5 million in Q2 2026; TTM through Jun 2026 was -$41.3 million, a 368.09% decrease from a year earlier, with the FY2025 full-year figure at -$43.2 million, down 146.54% from the prior year.
- EBT was -$8.5 million for Q2 2026 at Target Hospitality, up from -$15.2 million in the prior quarter.
- Over five years, EBT peaked at $60.2 million in Q3 2023 and troughed at -$17.9 million in Q2 2025.
- A 5-year average of $19.8 million and a median of $24.7 million in 2024 frame the typical range for EBT.
- Across the five-year window, EBT soared 3442.48% in 2023 and plunged 201.95% in 2025, its largest moves.
- Over 5 years, EBT stood at $44.7 million in 2022, then climbed by 8.31% to $48.4 million in 2023, then slumped by 65.15% to $16.9 million in 2024, then sank by 201.95% to -$17.2 million in 2025, then jumped by 50.49% to -$8.5 million in 2026.
- The last three EBT figures came in at -$8.5 million (Q2 2026), -$15.2 million (Q1 2026), and -$17.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 28.14 Bn | 28.11 Bn | 978.00 Mn | 316.00 Mn |
| 2 | Herc Holdings | 4.70 Bn | 4.66 Bn | 713.00 Mn | 24.00 Mn |
| 3 | EquipmentShare.com | 4.20 Bn | 3.76 Bn | 411.00 Mn | 33.00 Mn |
| 4 | WillScot Holdings | 3.62 Bn | 3.62 Bn | 306.26 Mn | 64.02 Mn |
| 5 | Mcgrath Rentcorp | 2.73 Bn | 2.73 Bn | 107.91 Mn | 46.13 Mn |
| 6 | Custom Truck One Source | 2.09 Bn | 2.08 Bn | 123.97 Mn | 8.98 Mn |
| 7 | Target Hospitality | 1.96 Bn | 1.95 Bn | 15.80 Mn | -8.51 Mn |
| 8 | NPK International | 1.12 Bn | 1.12 Bn | 30.16 Mn | 15.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.51 Mn |
| Mar 31, 2026 | -15.22 Mn |
| Dec 31, 2025 | -17.19 Mn |
| Sep 30, 2025 | -389,000.00 |
| Jun 30, 2025 | -17.86 Mn |
| Mar 31, 2025 | -7.78 Mn |
| Dec 31, 2024 | 16.86 Mn |
| Sep 30, 2024 | 24.18 Mn |
| Jun 30, 2024 | 25.28 Mn |
| Mar 31, 2024 | 26.53 Mn |
| Dec 31, 2023 | 48.37 Mn |
| Sep 30, 2023 | 60.19 Mn |
| Jun 30, 2023 | 60.16 Mn |
| Mar 31, 2023 | 56.04 Mn |
| Dec 31, 2022 | 44.66 Mn |
| Sep 30, 2022 | 31.05 Mn |
| Jun 30, 2022 | 29.02 Mn |
| Mar 31, 2022 | 1.58 Mn |
| Dec 31, 2021 | 4.56 Mn |
| Sep 30, 2021 | 8.34 Mn |