Target Hospitality (TH) EBT Margin (2018 - 2026)
Target Hospitality (TH) posted quarterly EBT Margin of 27.07% for Q1 2026, down 2391.0% year-over-year from 1.18% in Q1 2025, and up 30.77% quarter-over-quarter from 39.11% in Q4 2025.
Target Hospitality (TH) EBT Margin (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported EBT Margin for 9 consecutive years, with 27.07% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 2391.0% year-over-year to 27.07%; the TTM figure through Mar 2026 stood at 20.53% (down 3385.0% YoY), while the FY2025 annual figure was 15.72%, down 5063.0% from the prior year.
- EBT Margin improved to 27.07% in Q1 2026 per TH's latest filing, from 39.11% in the prior quarter.
- Across five years, EBT Margin topped out at 64.37% in Q3 2023 and bottomed at 39.11% in Q4 2025.
- Historically, EBT Margin has averaged 19.2% across 5 years, with a median of 30.15% in 2022.
- Annual changes were most pronounced in 2022 — EBT Margin surged 4581 bps — and 2025, when it sank 6997 bps.
- Target Hospitality's EBT Margin stood at 16.79% in 2022, then jumped 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 soared by 31 bps to 27.07% in 2026.
- Business Quant data shows TH's EBT Margin at 27.07% in Q1 2026, 39.11% in Q4 2025, and 0.42% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 22.32% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 40.59% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 3.14% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 14.12% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 2.68% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 41.42% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 14.36% |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn | -9.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -9.96% |
| 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% |