Growth Metrics

Target Hospitality (TH) Tax Provisions (2018 - 2026)

On a quarterly basis, Tax Provisions fell 74.77% to -$2.3 million in Q1 2026 year-over-year; TTM through Mar 2026 was -$7.0 million, a 150.35% decrease, with the full-year FY2025 number at -$6.1 million, down 128.46% from a year prior.

Target Hospitality (TH) has 9 years of Tax Provisions data on record, last reported at -$2.3 million in Q1 2026.

  • Tax Provisions reached -$2.3 million in Q1 2026 per TH's latest filing, down from -$2.2 million in the prior quarter.
  • Over the last five years, Tax Provisions for TH hit a ceiling of $14.6 million in Q3 2023 and a floor of -$2.9 million in Q2 2025.
  • A 5-year average of $5.7 million and a median of $6.1 million in 2024 define the central range for Tax Provisions.
  • Peak YoY movement for Tax Provisions: soared 43666.67% in 2022, then tumbled 151.18% in 2025.
  • Tracing TH's Tax Provisions over 5 years: stood at $13.1 million in 2022, then fell by 19.28% to $10.5 million in 2023, then crashed by 58.96% to $4.3 million in 2024, then crashed by 151.18% to -$2.2 million in 2025, then decreased by 3.79% to -$2.3 million in 2026.
  • Business Quant data shows Tax Provisions for TH at -$2.3 million in Q1 2026, -$2.2 million in Q4 2025, and $368000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (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 130.00 Mn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn 91.08 Mn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 32.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn -11.84 Mn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 37.60 Mn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 35.37 Mn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 24.00 Mn
10 Target Hospitality 1.82 Bn 1.82 Bn 6.88 Mn -2.30 Mn

Historic Data

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DateValue
Mar 31, 2026 -2.30 Mn
Dec 31, 2025 -2.22 Mn
Sep 30, 2025 368,000.00
Jun 30, 2025 -2.90 Mn
Mar 31, 2025 -1.32 Mn
Dec 31, 2024 4.33 Mn
Sep 30, 2024 4.08 Mn
Jun 30, 2024 6.90 Mn
Mar 31, 2024 6.10 Mn
Dec 31, 2023 10.55 Mn
Sep 30, 2023 14.61 Mn
Jun 30, 2023 13.70 Mn
Mar 31, 2023 12.22 Mn
Dec 31, 2022 13.07 Mn
Sep 30, 2022 12.00 Mn
Jun 30, 2022 6.20 Mn
Mar 31, 2022 1.09 Mn
Dec 31, 2021 -30,000.00
Sep 30, 2021 1.70 Mn
Jun 30, 2021 -100,000.00
Mar 31, 2021 -1.46 Mn
Dec 31, 2020 -3.31 Mn
Sep 30, 2020 -2.99 Mn
Jun 30, 2020 -2.43 Mn
Mar 31, 2020 233,000.00
Dec 31, 2019 2.00 Mn
Sep 30, 2019 3.29 Mn
Jun 30, 2019 4.12 Mn
Mar 31, 2019 -1.90 Mn
Dec 31, 2018 9.18 Mn
Sep 30, 2018 1.70 Mn
Jun 30, 2018 1.83 Mn
Mar 31, 2018 -926,000.00