Target Hospitality (TH) EBT Margin (2018 - 2026)
Target Hospitality's (TH) quarterly EBT Margin came in at 9.96% in Q2 2026, up 1903.0% year-over-year from 0.5% in Q2 2025, and up 52.37% quarter-over-quarter from 20.91% in Q1 2026.
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Analysis
Target Hospitality (TH) EBT Margin (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported EBT Margin for 9 consecutive years, with 9.96% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin rose 1903.0% year-over-year to 9.96% in Q2 2026; TTM through Jun 2026 was 11.89%, a 1505.0% decrease from a year earlier, with the FY2025 full-year figure at 13.47%, down 3751.0% from the prior year.
- EBT Margin was 9.96% for Q2 2026 at Target Hospitality, up from 20.91% in the prior quarter.
- Over five years, EBT Margin peaked at 41.88% in Q2 2023 and troughed at 28.98% in Q2 2025.
- A 5-year average of 13.86% and a median of 22.5% in 2024 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin soared 3594 bps in 2023 and sank 5408 bps in 2025, its largest moves.
- Over 5 years, EBT Margin stood at 29.29% in 2022, then jumped by 31 bps to 38.32% in 2023, then slumped by 47 bps to 20.14% in 2024, then sank by 195 bps to 19.14% in 2025, then jumped by 48 bps to 9.96% in 2026.
- The last three EBT Margin figures came in at 9.96% (Q2 2026), 20.91% (Q1 2026), and 19.14% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 18.97% |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 1.99% |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 2.28% |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 10.46% |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 20.86% |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -9.96% |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | 1.59% |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 19.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.96% |
| Mar 31, 2026 | -20.91% |
| Dec 31, 2025 | -19.14% |
| Sep 30, 2025 | -0.39% |
| Jun 30, 2025 | -28.98% |
| Mar 31, 2025 | -3.16% |
| Dec 31, 2024 | 20.14% |
| Sep 30, 2024 | 25.40% |
| Jun 30, 2024 | 25.10% |
| Mar 31, 2024 | 24.87% |
| Dec 31, 2023 | 38.32% |
| Sep 30, 2023 | 41.24% |
| Jun 30, 2023 | 41.88% |
| Mar 31, 2023 | 37.91% |
| Dec 31, 2022 | 29.29% |
| Sep 30, 2022 | 19.46% |
| Jun 30, 2022 | 26.47% |
| Mar 31, 2022 | 1.97% |
| Dec 31, 2021 | 5.59% |
| Sep 30, 2021 | 9.35% |
API Access
Target Hospitality EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "TH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();