Growth Metrics

Target Hospitality (TH) Operating Leases (2022 - 2026)

On a quarterly basis, Operating Leases fell 76.77% to $669000.0 in Q1 2026 year-over-year; TTM through Mar 2026 was $669000.0, a 76.77% decrease, with the full-year FY2025 number at $1.1 million, down 93.54% from a year prior.

Target Hospitality (TH) has 5 years of Operating Leases data on record, last reported at $669000.0 in Q1 2026.

  • Operating Leases reached $669000.0 in Q1 2026 per TH's latest filing, down from $1.1 million in the prior quarter.
  • Over the last five years, Operating Leases for TH hit a ceiling of $17.5 million in Q4 2024 and a floor of $669000.0 in Q1 2026.
  • A 5-year average of $6.5 million and a median of $6.5 million in 2024 define the central range for Operating Leases.
  • Peak YoY movement for Operating Leases: surged 107.2% in 2024, then plummeted 93.54% in 2025.
  • Tracing TH's Operating Leases over 5 years: stood at $11.1 million in 2022, then fell by 24.12% to $8.4 million in 2023, then surged by 107.2% to $17.5 million in 2024, then plummeted by 93.54% to $1.1 million in 2025, then plummeted by 40.69% to $669000.0 in 2026.
  • Business Quant data shows Operating Leases for TH at $669000.0 in Q1 2026, $1.1 million in Q4 2025, and $1.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 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
8 Aramark 13.57 Bn 13.16 Bn 426.35 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

Historic Data

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DateValue
Mar 31, 2026 669,000.00
Dec 31, 2025 1.13 Mn
Sep 30, 2025 1.64 Mn
Jun 30, 2025 1.98 Mn
Mar 31, 2025 2.88 Mn
Dec 31, 2024 17.46 Mn
Sep 30, 2024 6.04 Mn
Jun 30, 2024 6.06 Mn
Mar 31, 2024 7.03 Mn
Dec 31, 2023 8.43 Mn
Sep 30, 2023 8.10 Mn
Jun 30, 2023 9.09 Mn
Mar 31, 2023 10.12 Mn
Dec 31, 2022 11.10 Mn