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
DateValue
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