Target Hospitality (TH) Tax Provisions (2018 - 2026)
Target Hospitality's (TH) quarterly Tax Provisions came in at -$2.3 million in Q1 2026, down 74.77% year-on-year from -$9.1 million in Q1 2025, and down 2.59% on a QoQ basis from -$2.2 million in Q4 2025.
Target Hospitality (TH) Tax Provisions (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of Tax Provisions data on file, last reported at -$2.3 million in Q1 2026.
- On a quarterly basis, Tax Provisions fell 74.77% year-over-year to -$2.3 million in Q1 2026; TTM through Mar 2026 was -$7.1 million, a 15.97% decrease from a year earlier, with the FY2025 full-year figure at -$6.1 million, down 562.69% from the prior year.
- Tax Provisions for Q1 2026 stood at -$2.3 million, down from -$2.2 million in the prior quarter.
- Over the last five years, Tax Provisions for TH reached as high as $14.6 million in Q3 2023 and fell as low as -$16.5 million in Q4 2022.
- Historically, Tax Provisions has averaged $2.8 million across 5 years, with a median of $4.1 million in 2024.
- On a YoY basis, Tax Provisions climbed as much as 6300.0% in 2022 and fell as far as 1016.83% in 2022.
- Year by year, Tax Provisions stood at -$16.5 million in 2022, then surged by 163.76% to $10.5 million in 2023, then tumbled by 249.93% to -$15.8 million in 2024, then surged by 85.79% to -$2.2 million in 2025, then slipped by 2.59% to -$2.3 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$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 | Cintas | 82.43 Bn | 82.25 Bn | 1.45 Bn | 130.00 Mn |
| 2 | Rentokil Initial | 71.81 Bn | 69.31 Bn | - | - |
| 3 | Relx | 63.28 Bn | 63.04 Bn | - | - |
| 4 | Thomson Reuters | 40.35 Bn | 39.49 Bn | - | -125.00 Mn |
| 5 | Copart | 26.32 Bn | 22.97 Bn | 732.88 Mn | 100.70 Mn |
| 6 | Global Payments | 22.09 Bn | 16.23 Bn | 1.70 Bn | -11.84 Mn |
| 7 | Rb Global | 20.79 Bn | 20.60 Bn | 927.90 Mn | 37.60 Mn |
| 8 | UL Solutions | 17.26 Bn | 17.01 Bn | 381.00 Mn | 32.00 Mn |
| 9 | Aramark | 15.08 Bn | 14.60 Bn | 426.39 Mn | 35.37 Mn |
| 10 | Target Hospitality | 1.61 Bn | 1.60 Bn | 6.88 Mn | -2.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.30 Mn |
| Dec 31, 2025 | -2.24 Mn |
| Sep 30, 2025 | 368,000.00 |
| Jun 30, 2025 | -2.90 Mn |
| Mar 31, 2025 | -1.32 Mn |
| Dec 31, 2024 | -15.78 Mn |
| Sep 30, 2024 | 4.10 Mn |
| Jun 30, 2024 | 6.89 Mn |
| Mar 31, 2024 | 6.14 Mn |
| Dec 31, 2023 | 10.52 Mn |
| Sep 30, 2023 | 14.61 Mn |
| Jun 30, 2023 | 13.70 Mn |
| Mar 31, 2023 | 12.20 Mn |
| Dec 31, 2022 | -16.50 Mn |
| Sep 30, 2022 | 12.03 Mn |
| Jun 30, 2022 | 6.20 Mn |
| Mar 31, 2022 | 1.09 Mn |
| Dec 31, 2021 | 1.80 Mn |
| Sep 30, 2021 | 1.70 Mn |
| Jun 30, 2021 | -100,000.00 |