Target Hospitality (TH) Tax Rate (2018 - 2026)
Target Hospitality (TH) reported Tax Rate of 15.12% for Q1 2026, down 181.0% year-over-year from 18.66% in Q1 2025, and up 17.23% quarter-over-quarter from 12.89% in Q4 2025.
Target Hospitality (TH) Tax Rate (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of Tax Rate data on file, last reported at 15.12% in Q1 2026.
- Tax Rate for Q1 2026 came in at 15.12%, down 181.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.92% (down 1000.0% YoY), and the FY2025 annual result was 14.12%, down 896.0% from the prior year.
- Tax Rate rose to 15.12% in Q1 2026 per TH's latest filing, from 12.89% in the prior quarter.
- Over five years, Tax Rate peaked at 68.77% in Q1 2022 and troughed at 94.6% in Q3 2025.
- A 5-year average of 18.13% and a median of 21.81% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate surged 5875 bps in 2022, then tumbled 11149 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 29.27% in 2022, then slipped by 25 bps to 21.81% in 2023, then advanced by 18 bps to 25.69% in 2024, then plunged by 50 bps to 12.89% in 2025, then grew by 17 bps to 15.12% in 2026.
- Business Quant data shows TH's Tax Rate at 15.12% in Q1 2026, 12.89% in Q4 2025, and 94.6% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 20.55% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 20.06% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 21.71% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 24.81% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 5.27% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 25.72% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 30.77% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 20.22% |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn | 15.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.12% |
| Mar 31, 2026 | 15.12% |
| Dec 31, 2025 | 12.89% |
| Dec 31, 2025 | 12.89% |
| Sep 30, 2025 | -94.60% |
| Sep 30, 2025 | -94.60% |
| Jun 30, 2025 | 16.24% |
| Jun 30, 2025 | 16.24% |
| Mar 31, 2025 | 16.93% |
| Mar 31, 2025 | 16.93% |
| Dec 31, 2024 | 25.69% |
| Dec 31, 2024 | 25.69% |
| Sep 30, 2024 | 16.89% |
| Sep 30, 2024 | 16.89% |
| Jun 30, 2024 | 27.30% |
| Jun 30, 2024 | 27.30% |
| Mar 31, 2024 | 23.00% |
| Mar 31, 2024 | 23.00% |
| Dec 31, 2023 | 21.81% |
| Dec 31, 2023 | 21.81% |