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

Target Hospitality's (TH) quarterly Operating Leases came in at $669000.0 in Q1 2026, down 76.77% year-on-year from $2.9 million in Q1 2025, and down 40.69% on a QoQ basis from $1.1 million in Q4 2025.

Target Hospitality (TH) Operating Leases (2022 - 2026) Analysis & Trends

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

  • On a quarterly basis, Operating Leases fell 76.77% year-over-year to $669000.0 in Q1 2026; TTM through Mar 2026 was $669000.0, a 76.77% decrease from a year earlier, with the FY2025 full-year figure at $1.1 million, down 93.54% from the prior year.
  • Operating Leases for Q1 2026 stood at $669000.0, down from $1.1 million in the prior quarter.
  • Over the last five years, Operating Leases for TH reached as high as $17.5 million in Q4 2024 and fell as low as $669000.0 in Q1 2026.
  • Historically, Operating Leases has averaged $6.5 million across 5 years, with a median of $6.5 million in 2024.
  • Across the five-year window, Operating Leases jumped 107.2% in 2024 and slumped 93.54% in 2025, its largest moves.
  • Year by year, Operating Leases stood at $11.1 million in 2022, then slipped by 24.12% to $8.4 million in 2023, then surged by 107.2% to $17.5 million in 2024, then tumbled by 93.54% to $1.1 million in 2025, then tumbled by 40.69% to $669000.0 in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $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 Cintas 81.31 Bn 81.12 Bn 1.45 Bn
2 Rentokil Initial 73.75 Bn 71.25 Bn -
3 Relx 60.28 Bn 60.04 Bn -
4 Thomson Reuters 38.09 Bn 37.23 Bn -
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn
10 Target Hospitality 1.63 Bn 1.63 Bn 6.88 Mn

Historic Data

Download Data
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