Target Hospitality (TH) Operating Leases (2022 - 2026)
Target Hospitality (TH) posted quarterly 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 reported Operating Leases for 5 consecutive years, with $669000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 76.77% year-over-year to $669000.0; the TTM figure through Mar 2026 stood at $669000.0 (down 76.77% YoY), while the FY2025 annual figure was $1.1 million, down 93.54% from the prior year.
- Operating Leases retreated to $669000.0 in Q1 2026 per TH's latest filing, from $1.1 million in the prior quarter.
- Across five years, Operating Leases topped out at $17.5 million in Q4 2024 and bottomed at $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.
- Annual changes were most pronounced in 2024 — Operating Leases soared 107.2% — and 2025, when it plunged 93.54%.
- Target Hospitality's Operating Leases stood at $11.1 million in 2022, then retreated by 24.12% to $8.4 million in 2023, then soared 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.
- 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 | 81.69 Bn | 81.40 Bn | 1.48 Bn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 323,000.00 |
| 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 |