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| Date | Value |
|---|---|
| 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% |