Target Hospitality (TH) Return on Capital Employed (2018 - 2026)
Target Hospitality (TH) reported Return on Capital Employed of 10.31% for Q1 2026, down 2986.0% year-over-year from 0.36% in Q1 2025, and down 33.97% quarter-over-quarter from 7.69% in Q4 2025.
Target Hospitality (TH) Return on Capital Employed (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of Return on Capital Employed data on file, last reported at 10.31% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 10.31%, down 2986.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.31% (down 2986.0% YoY), and the FY2025 annual result was 6.39%, down 2921.0% from the prior year.
- Return on Capital Employed declined to 10.31% in Q1 2026 per TH's latest filing, from 7.69% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 113.11% in Q3 2024 and troughed at 10.31% in Q1 2026.
- A 5-year average of 30.61% and a median of 19.56% in 2025 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2023 and 2025: Return on Capital Employed surged 5764 bps in 2023, then tumbled 11247 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 31.15% in 2022, then tumbled by 76 bps to 7.55% in 2023, then soared by 561 bps to 49.91% in 2024, then slumped by 115 bps to 7.69% in 2025, then sank by 34 bps to 10.31% in 2026.
- Business Quant data shows TH's Return on Capital Employed at 10.31% in Q1 2026, 7.69% in Q4 2025, and 0.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 30.25% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 17.98% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 7.10% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 27.02% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 3.08% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 7.90% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 5.80% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 9.19% |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn | -10.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.31% |
| Dec 31, 2025 | -7.69% |
| Sep 30, 2025 | 0.63% |
| Jun 30, 2025 | 10.51% |
| Mar 31, 2025 | 19.56% |
| Dec 31, 2024 | 49.91% |
| Sep 30, 2024 | 113.11% |
| Jun 30, 2024 | 37.79% |
| Mar 31, 2024 | 4.17% |
| Dec 31, 2023 | 7.55% |
| Sep 30, 2023 | 66.82% |
| Jun 30, 2023 | 75.03% |
| Mar 31, 2023 | 65.02% |
| Dec 31, 2022 | 31.15% |
| Sep 30, 2022 | 28.36% |
| Jun 30, 2022 | 17.39% |
| Mar 31, 2022 | 11.40% |
| Dec 31, 2021 | 8.26% |
| Sep 30, 2021 | 4.88% |
| Jun 30, 2021 | 0.73% |