Target Hospitality (TH) EBT Margin (2018 - 2026)

Target Hospitality's (TH) quarterly EBT Margin came in at 27.07% in Q1 2026, down 2391.0% year-on-year from 1.18% in Q1 2025, and up 30.77% on a QoQ basis from 39.11% in Q4 2025.

Target Hospitality (TH) EBT Margin (2018 - 2026) Analysis & Trends

Target Hospitality (TH) has 9 years of EBT Margin data on file, last reported at 27.07% in Q1 2026.

  • On a quarterly basis, EBT Margin fell 2391.0% year-over-year to 27.07% in Q1 2026; TTM through Mar 2026 was 20.53%, a 3385.0% decrease from a year earlier, with the FY2025 full-year figure at 15.72%, down 5063.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 27.07%, up from 39.11% in the prior quarter.
  • Over the last five years, EBT Margin for TH reached as high as 64.37% in Q3 2023 and fell as low as 39.11% in Q4 2025.
  • Historically, EBT Margin has averaged 19.2% across 5 years, with a median of 30.15% in 2022.
  • Across the five-year window, EBT Margin soared 4581 bps in 2022 and tumbled 6997 bps in 2025, its largest moves.
  • Year by year, EBT Margin stood at 16.79% in 2022, then soared by 240 bps to 57.08% in 2023, then plunged by 51 bps to 27.99% in 2024, then slumped by 240 bps to 39.11% in 2025, then surged by 31 bps to 27.07% in 2026.
  • Per Business Quant data, the three most recent EBT Margin figures were 27.07% in Q1 2026, 39.11% in Q4 2025, and 0.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 22.26%
2 Rentokil Initial 73.75 Bn 71.25 Bn - 4.78%
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - 30.62%
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 40.59%
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -7.56%
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 14.03%
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 17.02%
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 2.80%
10 Target Hospitality 1.63 Bn 1.63 Bn 6.88 Mn -27.07%

Historic Data

Download Data
DateValue
Mar 31, 2026 -27.07%
Dec 31, 2025 -39.11%
Sep 30, 2025 -0.42%
Jun 30, 2025 -32.52%
Mar 31, 2025 -3.16%
Dec 31, 2024 27.99%
Sep 30, 2024 36.74%
Jun 30, 2024 37.45%
Mar 31, 2024 36.64%
Dec 31, 2023 57.08%
Sep 30, 2023 64.37%
Jun 30, 2023 41.88%
Mar 31, 2023 37.91%
Dec 31, 2022 16.79%
Sep 30, 2022 30.15%
Jun 30, 2022 39.00%
Mar 31, 2022 2.70%
Dec 31, 2021 7.70%
Sep 30, 2021 12.42%
Jun 30, 2021 -1.79%