Target Hospitality (TH) Interest Coverage Ratio (2018 - 2026)
Target Hospitality (TH) reported 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 8 years of Interest Coverage Ratio data on file, last reported at 23.83 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 23.83, down 11893.49% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.31 (down 746.48% YoY), and the FY2025 annual result was 5.12, down 194.93% from the prior year.
- Interest Coverage Ratio rose to 23.83 in Q1 2026 per TH's latest filing, from 100.14 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 13.29 in Q3 2023 and troughed at 100.14 in Q4 2025.
- A 5-year average of 5.57 and a median of 4.55 in 2022 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2026: Interest Coverage Ratio soared 452.74% in 2023, then sank 11893.49% in 2026.
- A 5-year view of Interest Coverage Ratio shows it stood at 7.74 in 2022, then sank by 460.69% to 27.91 in 2023, then soared by 114.78% to 4.12 in 2024, then plunged by 2528.09% to 100.14 in 2025, then jumped 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 0.21 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 23.39 |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | - |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 4.94 |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 17.25 |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -0.06 |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | - |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | - |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | - |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn | -23.83 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.83 |
| Dec 31, 2025 | -100.14 |
| Sep 30, 2025 | 0.21 |
| 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 | -27.91 |
| Sep 30, 2023 | 13.29 |
| Jun 30, 2023 | 12.71 |
| Mar 31, 2023 | 8.29 |
| Dec 31, 2022 | 7.74 |
| Sep 30, 2022 | 6.97 |
| Jun 30, 2022 | 4.55 |
| Mar 31, 2022 | 1.50 |
| Dec 31, 2021 | 1.64 |
| Sep 30, 2021 | 2.03 |
| Dec 31, 2019 | -0.65 |