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

Target Hospitality (TH) reported Operating Leases of $669000.0 for Q1 2026, down 76.77% year-over-year from $2.9 million in Q1 2025, and down 40.69% quarter-over-quarter 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.

  • Operating Leases for Q1 2026 came in at $669000.0, down 76.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $669000.0 (down 76.77% YoY), and the FY2025 annual result was $1.1 million, down 93.54% from the prior year.
  • Operating Leases eased to $669000.0 in Q1 2026 per TH's latest filing, from $1.1 million in the prior quarter.
  • Over five years, Operating Leases peaked at $17.5 million in Q4 2024 and troughed at $669000.0 in Q1 2026.
  • A 5-year average of $6.5 million and a median of $6.5 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2024 and 2025: Operating Leases soared 107.2% in 2024, then plunged 93.54% in 2025.
  • A 5-year view of Operating Leases shows it 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 slumped by 93.54% to $1.1 million in 2025, then slumped by 40.69% to $669000.0 in 2026.
  • Business Quant data shows TH's Operating Leases 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 Cintas 70.95 Bn 70.77 Bn 1.45 Bn
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn
7 Relx 11.84 Bn 11.60 Bn -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn
10 Target Hospitality 1.84 Bn 1.83 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