Target Hospitality (TH) Tax Rate (2018 - 2026)
Target Hospitality's (TH) quarterly Tax Rate came in at 15.12% in Q1 2026, down 181.0% year-on-year from 18.66% in Q1 2025, and up 15.87% on a QoQ basis from 13.05% 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.
- On a quarterly basis, Tax Rate fell 181.0% year-over-year to 15.12% in Q1 2026; TTM through Mar 2026 was 13.97%, a 2439.0% increase from a year earlier, with the FY2025 full-year figure at 14.18%, up 1275.0% from the prior year.
- Tax Rate for Q1 2026 stood at 15.12%, up from 13.05% in the prior quarter.
- Over the last five years, Tax Rate for TH reached as high as 68.77% in Q1 2022 and fell as low as 94.6% in Q3 2025.
- Historically, Tax Rate has averaged 7.24% across 5 years, with a median of 21.37% in 2022.
- Across the five-year window, Tax Rate tumbled 11535 bps in 2024 and surged 10664 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 36.96% in 2022, then surged by 159 bps to 21.76% in 2023, then tumbled by 530 bps to 93.59% in 2024, then soared by 114 bps to 13.05% in 2025, then advanced by 16 bps to 15.12% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 15.12% in Q1 2026, 13.05% in Q4 2025, and 94.6% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 20.55% |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | -19.56% |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 20.06% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 5.27% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 21.71% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 24.81% |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 25.72% |
| 10 | Target Hospitality | 1.63 Bn | 1.63 Bn | 6.88 Mn | 15.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | -93.59% |
| Sep 30, 2024 | 16.96% |
| Sep 30, 2024 | 16.96% |