Target Hospitality (TH) FCF Margin (2018 - 2026)
Target Hospitality (TH) reported FCF Margin of 29.84% for Q1 2026, up 2849.0% year-over-year from 1.01% in Q1 2025, and up 672.47% quarter-over-quarter from 3.86% in Q4 2025.
Target Hospitality (TH) FCF Margin (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of FCF Margin data on file, last reported at 29.84% in Q1 2026.
- FCF Margin for Q1 2026 came in at 29.84%, up 2849.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.25% (up 63.0% YoY), and the FY2025 annual result was 22.54%, down 3424.0% from the prior year.
- FCF Margin grew to 29.84% in Q1 2026 per TH's latest filing, from 3.86% in the prior quarter.
- Over five years, FCF Margin peaked at 156.37% in Q3 2022 and troughed at 88.99% in Q4 2024.
- A 5-year average of 23.11% and a median of 29.84% in 2026 frame the typical range for FCF Margin.
- On a YoY basis, FCF Margin climbed as much as 9690 bps in 2022 and fell as far as 10707 bps in 2022.
- A 5-year view of FCF Margin shows it stood at 48.39% in 2022, then tumbled by 218 bps to 57.25% in 2023, then slumped by 55 bps to 88.99% in 2024, then soared by 104 bps to 3.86% in 2025, then jumped by 672 bps to 29.84% in 2026.
- Business Quant data shows TH's FCF Margin at 29.84% in Q1 2026, 3.86% in Q4 2025, and 58.21% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 18.67% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 40.69% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 13.98% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 19.79% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -18.53% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 6.09% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 6.33% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 21.09% |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn | 29.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.84% |
| Dec 31, 2025 | 3.86% |
| Sep 30, 2025 | 58.21% |
| Jun 30, 2025 | 20.09% |
| Mar 31, 2025 | 1.35% |
| Dec 31, 2024 | -88.99% |
| Sep 30, 2024 | 31.27% |
| Jun 30, 2024 | 37.86% |
| Mar 31, 2024 | 69.69% |
| Dec 31, 2023 | -57.25% |
| Sep 30, 2023 | 50.72% |
| Jun 30, 2023 | 38.03% |
| Mar 31, 2023 | 14.25% |
| Dec 31, 2022 | 48.39% |
| Sep 30, 2022 | 156.37% |
| Jun 30, 2022 | 17.31% |
| Mar 31, 2022 | -38.21% |
| Dec 31, 2021 | 8.32% |
| Sep 30, 2021 | 59.46% |
| Jun 30, 2021 | 124.38% |