Target Hospitality (TH) EBT (2017 - 2026)
Target Hospitality (TH) posted quarterly EBT of -$15.2 million for Q1 2026, down 95.69% year-over-year from -$353.1 million in Q1 2025, and up 11.46% quarter-over-quarter from -$17.2 million in Q4 2025.
Target Hospitality (TH) EBT (2017 - 2026) Analysis & Trends
Target Hospitality (TH) has reported EBT for 10 consecutive years, with -$15.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 95.69% year-over-year to -$15.2 million; the TTM figure through Mar 2026 stood at -$50.6 million (down 186.52% YoY), while the FY2025 annual figure was -$43.2 million, down 146.54% from the prior year.
- EBT rose to -$15.2 million in Q1 2026 per TH's latest filing, from -$17.2 million in the prior quarter.
- Across five years, EBT topped out at $60.2 million in Q3 2023 and bottomed at -$17.9 million in Q2 2025.
- Historically, EBT has averaged $21.5 million across 5 years, with a median of $25.3 million in 2024.
- Annual changes were most pronounced in 2023 — EBT jumped 3442.48% — and 2025, when it tumbled 201.95%.
- Target Hospitality's EBT stood at $44.7 million in 2022, then increased 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 grew by 11.46% to -$15.2 million in 2026.
- Business Quant data shows TH's EBT at -$15.2 million in Q1 2026, -$17.2 million in Q4 2025, and -$389000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 648.43 Mn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 502.09 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 104.28 Mn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 186.00 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 135.73 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 338.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 43.80 Mn |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn | -8.51 Mn |
Historic Data
Download 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 |