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
DateValue
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