Target Hospitality (TH) Tax Rate (2018 - 2026)
Target Hospitality's (TH) quarterly Tax Rate came in at 5.88% in Q2 2026, down 2233.0% year-over-year from 0.28% in Q2 2025, and down 138.88% quarter-over-quarter from 15.12% in Q1 2026.
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Analysis
Target Hospitality (TH) Tax Rate (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Tax Rate for 9 consecutive years, with 5.88% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 2233.0% year-over-year to 5.88% in Q2 2026; TTM through Jun 2026 was 15.92%, a 3615.0% decrease from a year earlier, with the FY2025 full-year figure at 21.0%, down 624.0% from the prior year.
- Tax Rate was 5.88% for Q2 2026 at Target Hospitality, down from 15.12% in the prior quarter.
- Over five years, Tax Rate peaked at 69.53% in Q1 2022 and troughed at 102.83% in Q3 2025.
- A 5-year average of 18.64% and a median of 22.32% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 5926 bps in 2022 and sank 11979 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 29.34% in 2022, then declined by 25 bps to 21.86% in 2023, then soared by 122 bps to 48.49% in 2024, then tumbled by 38 bps to 30.1% in 2025, then plunged by 120 bps to 5.88% in 2026.
- The last three Tax Rate figures came in at 5.88% (Q2 2026), 15.12% (Q1 2026), and 30.1% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.92 Bn | 30.89 Bn | 978.00 Mn | 28.48% |
| 2 | Herc Holdings | 4.83 Bn | 4.79 Bn | 713.00 Mn | 20.83% |
| 3 | EquipmentShare.com | 4.78 Bn | 4.33 Bn | 411.00 Mn | 42.42% |
| 4 | WillScot Holdings | 3.50 Bn | 3.50 Bn | 306.26 Mn | 26.62% |
| 5 | Mcgrath Rentcorp | 2.72 Bn | 2.72 Bn | 107.91 Mn | 27.01% |
| 6 | Custom Truck One Source | 2.10 Bn | 2.09 Bn | 123.97 Mn | -15.85% |
| 7 | Target Hospitality | 1.93 Bn | 1.92 Bn | 15.80 Mn | -5.88% |
| 8 | NPK International | 1.14 Bn | 1.13 Bn | 30.16 Mn | 24.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.88% |
| Mar 31, 2026 | 15.12% |
| Dec 31, 2025 | 30.10% |
| Sep 30, 2025 | -102.83% |
| Jun 30, 2025 | 16.45% |
| Mar 31, 2025 | 16.93% |
| Dec 31, 2024 | 48.49% |
| Sep 30, 2024 | 16.96% |
| Jun 30, 2024 | 27.30% |
| Mar 31, 2024 | 23.16% |
| Dec 31, 2023 | 21.86% |
| Sep 30, 2023 | 24.27% |
| Jun 30, 2023 | 22.78% |
| Mar 31, 2023 | 21.80% |
| Dec 31, 2022 | 29.34% |
| Sep 30, 2022 | 38.74% |
| Jun 30, 2022 | 21.37% |
| Mar 31, 2022 | 69.53% |
| Dec 31, 2021 | 38.67% |
| Sep 30, 2021 | 20.39% |