Growth Metrics

Target Hospitality (TH) Net Margin (2018 - 2025)

Target Hospitality (TH) has disclosed Net Margin for 8 consecutive years, with 28.86% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin fell 4379.0% to 28.86% in Q4 2025 year-over-year; TTM through Dec 2025 was 8.23%, a 2518.0% decrease, with the full-year FY2025 number at 13.51%, down 3196.0% from a year prior.
  • Net Margin was 28.86% for Q4 2025 at Target Hospitality, down from 0.87% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 49.83% in Q4 2023 to a low of 28.86% in Q4 2025.
  • A 5-year average of 12.82% and a median of 11.99% in 2022 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: soared 4407bps in 2023, then crashed -5148bps in 2025.
  • Target Hospitality's Net Margin stood at 3.37% in 2021, then skyrocketed by 859bps to 32.33% in 2022, then skyrocketed by 54bps to 49.83% in 2023, then tumbled by -70bps to 14.94% in 2024, then crashed by -293bps to 28.86% in 2025.
  • Per Business Quant, the three most recent readings for TH's Net Margin are 28.86% (Q4 2025), 0.87% (Q3 2025), and 24.24% (Q2 2025).