Growth Metrics

Target Hospitality (TH) Leases (2021 - 2026)

On a quarterly basis, Leases rose 4.04% to $10.3 million in Q1 2026 year-over-year; TTM through Mar 2026 was $10.3 million, a 4.04% increase, with the full-year FY2025 number at $6.5 million, down 73.76% from a year prior.

Target Hospitality (TH) has 6 years of Leases data on record, last reported at $10.3 million in Q1 2026.

  • Leases reached $10.3 million in Q1 2026 per TH's latest filing, up from $6.5 million in the prior quarter.
  • Over the last five years, Leases for TH hit a ceiling of $27.3 million in Q4 2022 and a floor of $6.5 million in Q4 2025.
  • A 5-year average of $16.0 million and a median of $15.3 million in 2024 define the central range for Leases.
  • Peak YoY movement for Leases: surged 786.59% in 2022, then plummeted 73.76% in 2025.
  • Tracing TH's Leases over 5 years: stood at $27.3 million in 2022, then fell by 27.84% to $19.7 million in 2023, then grew by 26.59% to $24.9 million in 2024, then tumbled by 73.76% to $6.5 million in 2025, then skyrocketed by 57.4% to $10.3 million in 2026.
  • Business Quant data shows Leases for TH at $10.3 million in Q1 2026, $6.5 million in Q4 2025, and $10.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Relx 81.40 Bn 81.16 Bn - 115.72
2 Rentokil Initial 79.56 Bn 78.10 Bn - 576.00 Mn
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 255.29 Mn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn 91.45 Mn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 173.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn -
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 1.56 Bn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 825.31 Mn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn -
10 Target Hospitality 1.82 Bn 1.82 Bn 6.88 Mn 10.30 Mn

Historic Data

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DateValue
Mar 31, 2026 10.30 Mn
Dec 31, 2025 6.54 Mn
Sep 30, 2025 10.90 Mn
Jun 30, 2025 10.90 Mn
Mar 31, 2025 9.90 Mn
Dec 31, 2024 24.94 Mn
Sep 30, 2024 13.22 Mn
Jun 30, 2024 14.13 Mn
Mar 31, 2024 16.50 Mn
Dec 31, 2023 19.70 Mn
Sep 30, 2023 16.92 Mn
Jun 30, 2023 19.72 Mn
Mar 31, 2023 23.12 Mn
Dec 31, 2022 27.30 Mn
Dec 31, 2021 3.08 Mn