Target Hospitality (TH) Interest Coverage Ratio (2018 - 2026)
Target Hospitality's (TH) quarterly Interest Coverage Ratio came in at 23.83 in Q1 2026, down 11893.49% year-on-year from N/an in Q1 2025, and down 801.54% on a QoQ basis from 2.64 in Q4 2025.
Target Hospitality (TH) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of Interest Coverage Ratio data on file, last reported at 23.83 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 11893.49% year-over-year to 23.83 in Q1 2026; TTM through Mar 2026 was 3.62, a 196.31% decrease from a year earlier, with the FY2025 full-year figure at 2.68, down 149.63% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 23.83, down from 2.64 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for TH reached as high as 8.75 in Q4 2023 and fell as low as 23.83 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 1.49 across 5 years, with a median of 4.88 in 2022.
- Across the five-year window, Interest Coverage Ratio soared 643.37% in 2023 and tumbled 11893.49% in 2026, its largest moves.
- Year by year, Interest Coverage Ratio stood at 8.58 in 2022, then gained by 2.07% to 8.75 in 2023, then plunged by 52.89% to 4.12 in 2024, then plunged by 164.1% to 2.64 in 2025, then sank by 801.54% to 23.83 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 23.83 in Q1 2026, 2.64 in Q4 2025, and 0.1 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 2.21 |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | 2.06 |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 2,081.98 |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | - |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 3.31 |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 17.25 |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | - |
| 10 | Target Hospitality | 1.63 Bn | 1.63 Bn | 6.88 Mn | -23.83 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.83 |
| Dec 31, 2025 | -2.64 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | -19.42 |
| Mar 31, 2025 | -0.20 |
| Dec 31, 2024 | 4.12 |
| Sep 30, 2024 | 5.55 |
| Jun 30, 2024 | 5.86 |
| Mar 31, 2024 | 6.04 |
| Dec 31, 2023 | 8.75 |
| Sep 30, 2023 | 8.19 |
| Jun 30, 2023 | 7.83 |
| Mar 31, 2023 | 7.49 |
| Dec 31, 2022 | 8.58 |
| Sep 30, 2022 | 4.88 |
| Jun 30, 2022 | 3.08 |
| Mar 31, 2022 | 1.01 |
| Dec 31, 2021 | 1.62 |
| Sep 30, 2021 | 1.30 |
| Jun 30, 2021 | 0.54 |