Target Hospitality (TH) Net Margin (2018 - 2026)
Target Hospitality (TH) reported Net Margin of 56.17% for Q1 2026, down 5354.0% year-over-year from 1.07% in Q1 2025, and down 348.61% quarter-over-quarter from 12.52% in Q4 2025.
Target Hospitality (TH) Net Margin (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of Net Margin data on file, last reported at 56.17% in Q1 2026.
- Net Margin for Q1 2026 came in at 56.17%, down 5354.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.09% (down 2605.0% YoY), and the FY2025 annual result was 11.58%, down 3838.0% from the prior year.
- Net Margin declined to 56.17% in Q1 2026 per TH's latest filing, from 12.52% in the prior quarter.
- Over five years, Net Margin peaked at 48.73% in Q3 2023 and troughed at 56.17% in Q1 2026.
- A 5-year average of 5.08% and a median of 11.92% in 2022 frame the typical range for Net Margin.
- On a YoY basis, Net Margin climbed as much as 4560 bps in 2023 and fell as far as 7242 bps in 2023.
- A 5-year view of Net Margin shows it stood at 32.33% in 2022, then sank by 224 bps to 40.09% in 2023, then grew by 15 bps to 34.09% in 2024, then surged by 63 bps to 12.52% in 2025, then plunged by 349 bps to 56.17% in 2026.
- Business Quant data shows TH's Net Margin at 56.17% in Q1 2026, 12.52% in Q4 2025, and 0.87% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 17.68% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 32.45% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 10.09% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 12.80% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -76.01% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 2.08% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 1.55% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 24.14% |
| 10 | Target Hospitality | 1.84 Bn | 1.83 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% |