Target Hospitality (TH) Tax Rate (2018 - 2026)
Target Hospitality (TH) posted quarterly Tax Rate of 15.12% for Q1 2026, down 181.0% year-over-year from 18.66% in Q1 2025, and up 15.87% quarter-over-quarter from 13.05% in Q4 2025.
Target Hospitality (TH) Tax Rate (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Tax Rate for 9 consecutive years, with 15.12% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 181.0% year-over-year to 15.12%; the TTM figure through Mar 2026 stood at 13.97% (up 2439.0% YoY), while the FY2025 annual figure was 14.18%, up 1275.0% from the prior year.
- Tax Rate climbed to 15.12% in Q1 2026 per TH's latest filing, from 13.05% in the prior quarter.
- Across five years, Tax Rate topped out at 68.77% in Q1 2022 and bottomed at 94.6% in Q3 2025.
- Historically, Tax Rate has averaged 7.24% across 5 years, with a median of 21.37% in 2022.
- Annual changes were most pronounced in 2024 — Tax Rate sank 11535 bps — and 2025, when it jumped 10664 bps.
- Target Hospitality's Tax Rate stood at 36.96% in 2022, then soared by 159 bps to 21.76% in 2023, then tumbled by 530 bps to 93.59% in 2024, then jumped by 114 bps to 13.05% in 2025, then rose by 16 bps to 15.12% in 2026.
- Business Quant data shows TH's Tax Rate at 15.12% in Q1 2026, 13.05% in Q4 2025, and 94.6% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 21.20% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 20.06% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | -4.72% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 22.80% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 27.92% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 24.85% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 33.33% |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn | -5.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.88% |
| Jun 30, 2026 | -5.88% |
| Jun 30, 2026 | -5.88% |
| Mar 31, 2026 | 15.12% |
| Mar 31, 2026 | 15.12% |
| Mar 31, 2026 | 15.12% |
| Dec 31, 2025 | 13.05% |
| Dec 31, 2025 | 13.05% |
| Dec 31, 2025 | 13.05% |
| Sep 30, 2025 | -94.60% |
| Sep 30, 2025 | -94.60% |
| Sep 30, 2025 | -94.60% |
| Jun 30, 2025 | 16.24% |
| Jun 30, 2025 | 16.24% |
| Jun 30, 2025 | 16.24% |
| Mar 31, 2025 | 16.93% |
| Mar 31, 2025 | 16.93% |
| Mar 31, 2025 | 16.93% |
| Dec 31, 2024 | -93.59% |
| Dec 31, 2024 | -93.59% |