Target Hospitality (TH) Interest Coverage Ratio (2018 - 2026)
Target Hospitality (TH) posted quarterly Interest Coverage Ratio of 23.83 for Q1 2026, down 11893.49% year-over-year from N/an in Q1 2025, and up 76.2% quarter-over-quarter from 100.14 in Q4 2025.
Target Hospitality (TH) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Interest Coverage Ratio for 9 consecutive years, with 23.83 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 11893.49% year-over-year to 23.83; the TTM figure through Mar 2026 stood at 6.8 (down 280.89% YoY), while the FY2025 annual figure was 2.68, down 149.63% from the prior year.
- Interest Coverage Ratio climbed to 23.83 in Q1 2026 per TH's latest filing, from 100.14 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 8.75 in Q4 2023 and bottomed at 100.14 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 4.29 across 5 years, with a median of 4.88 in 2022.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio surged 643.37% — and 2026, when it sank 11893.49%.
- Target Hospitality's Interest Coverage Ratio stood at 7.74 in 2022, then climbed by 13.12% to 8.75 in 2023, then plunged by 52.89% to 4.12 in 2024, then sank by 2528.09% to 100.14 in 2025, then surged by 76.2% to 23.83 in 2026.
- Business Quant data shows TH's Interest Coverage Ratio at 23.83 in Q1 2026, 100.14 in Q4 2025, and 0.1 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 26.05 |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | - |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 1.21 |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 5.30 |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | - |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 30.00 |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | - |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn | -10.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -10.27 |
| Mar 31, 2026 | -23.83 |
| Dec 31, 2025 | -100.14 |
| 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 | 7.74 |
| Sep 30, 2022 | 4.88 |
| Jun 30, 2022 | 3.08 |
| Mar 31, 2022 | 1.01 |
| Dec 31, 2021 | 1.64 |
| Sep 30, 2021 | 1.30 |