Target Hospitality (TH) FCF Margin (2018 - 2026)
On a quarterly basis, FCF Margin rose 2849.0% to 29.84% in Q1 2026 year-over-year; TTM through Mar 2026 was 26.25%, a 63.0% increase, with the full-year FY2025 number at 22.54%, down 3424.0% from a year prior.
Target Hospitality (TH) has 9 years of FCF Margin data on record, last reported at 29.84% in Q1 2026.
- FCF Margin reached 29.84% in Q1 2026 per TH's latest filing, up from 3.86% in the prior quarter.
- Over the last five years, FCF Margin for TH hit a ceiling of 156.37% in Q3 2022 and a floor of 88.99% in Q4 2024.
- A 5-year average of 23.11% and a median of 29.84% in 2026 define the central range for FCF Margin.
- On a YoY basis, FCF Margin climbed as much as 9690bps in 2022 and fell as far as -10707bps in 2022.
- Tracing TH's FCF Margin over 5 years: stood at 48.39% in 2022, then plummeted by -218bps to 57.25% in 2023, then crashed by -55bps to 88.99% in 2024, then soared by 104bps to 3.86% in 2025, then skyrocketed by 672bps to 29.84% in 2026.
- Business Quant data shows FCF Margin for TH at 29.84% in Q1 2026, 3.86% in Q4 2025, and 58.21% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 18.67% |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 5.16% |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 19.79% |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -18.53% |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 13.98% |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 6.09% |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 6.33% |
| 10 | Target Hospitality | 1.82 Bn | 1.82 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% |
| Mar 31, 2021 | -23.68% |
| Dec 31, 2020 | 34.86% |
| Sep 30, 2020 | 8.82% |
| Jun 30, 2020 | 36.24% |
| Mar 31, 2020 | 14.71% |
| Dec 31, 2019 | 20.81% |
| Sep 30, 2019 | 30.96% |
| Jun 30, 2019 | 40.03% |
| Mar 31, 2019 | -16.98% |
| Dec 31, 2018 | 15.16% |
| Sep 30, 2018 | 71.96% |
| Jun 30, 2018 | 14.90% |
| Mar 31, 2018 | -0.52% |