Target Hospitality (TH) Net Margin (2018 - 2026)
On a quarterly basis, Net Margin fell 5354.0% to 56.17% in Q1 2026 year-over-year; TTM through Mar 2026 was 15.09%, a 2605.0% decrease, with the full-year FY2025 number at 11.58%, down 3838.0% from a year prior.
Target Hospitality (TH) has 9 years of Net Margin data on record, last reported at 56.17% in Q1 2026.
- Net Margin reached 56.17% in Q1 2026 per TH's latest filing, down from 12.52% in the prior quarter.
- Over the last five years, Net Margin for TH hit a ceiling of 48.73% in Q3 2023 and a floor of 56.17% in Q1 2026.
- A 5-year average of 5.08% and a median of 11.92% in 2022 define the central range for Net Margin.
- On a YoY basis, Net Margin climbed as much as 4560bps in 2023 and fell as far as -7242bps in 2023.
- Tracing TH's Net Margin over 5 years: stood at 32.33% in 2022, then tumbled by -224bps to 40.09% in 2023, then grew by 15bps to 34.09% in 2024, then surged by 63bps to 12.52% in 2025, then plummeted by -349bps to 56.17% in 2026.
- Business Quant data shows Net Margin for TH at 56.17% in Q1 2026, 12.52% in Q4 2025, and 0.87% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 17.68% |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 31.20% |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 12.80% |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -76.01% |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 10.09% |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 2.08% |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 1.55% |
| 10 | Target Hospitality | 1.82 Bn | 1.82 Bn | 6.88 Mn | -56.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -56.17% |
| Dec 31, 2025 | -12.52% |
| Sep 30, 2025 | -0.87% |
| Jun 30, 2025 | -27.20% |
| Mar 31, 2025 | -2.63% |
| Dec 31, 2024 | -34.09% |
| Sep 30, 2024 | 21.00% |
| Jun 30, 2024 | 18.25% |
| Mar 31, 2024 | 28.15% |
| Dec 31, 2023 | -40.09% |
| Sep 30, 2023 | 48.73% |
| Jun 30, 2023 | 31.87% |
| Mar 31, 2023 | 46.21% |
| Dec 31, 2022 | 32.33% |
| Sep 30, 2022 | 11.92% |
| Jun 30, 2022 | 20.84% |
| Mar 31, 2022 | 0.61% |
| Dec 31, 2021 | 7.75% |
| Sep 30, 2021 | 9.89% |
| Jun 30, 2021 | -1.61% |
| Mar 31, 2021 | -38.76% |
| Dec 31, 2020 | -17.96% |
| Sep 30, 2020 | -21.48% |
| Jun 30, 2020 | -33.58% |
| Mar 31, 2020 | 7.61% |
| Dec 31, 2019 | 4.14% |
| Sep 30, 2019 | 18.97% |
| Jun 30, 2019 | 9.66% |
| Mar 31, 2019 | -17.61% |
| Dec 31, 2018 | 4.03% |
| Sep 30, 2018 | -152.63% |
| Jun 30, 2018 | 9.73% |
| Mar 31, 2018 | -10.85% |