Target Hospitality (TH) Tax Rate (2018 - 2026)
On a quarterly basis, Tax Rate fell 181.0% to 15.12% in Q1 2026 year-over-year; TTM through Mar 2026 was 13.92%, a 1000.0% decrease, with the full-year FY2025 number at 14.12%, down 896.0% from a year prior.
Target Hospitality (TH) has 9 years of Tax Rate data on record, last reported at 15.12% in Q1 2026.
- Tax Rate reached 15.12% in Q1 2026 per TH's latest filing, up from 12.89% in the prior quarter.
- Over the last five years, Tax Rate for TH hit a ceiling of 68.77% in Q1 2022 and a floor of 94.6% in Q3 2025.
- A 5-year average of 18.13% and a median of 21.81% in 2023 define the central range for Tax Rate.
- Peak YoY movement for Tax Rate: skyrocketed 5875bps in 2022, then tumbled -11149bps in 2025.
- Tracing TH's Tax Rate over 5 years: stood at 29.27% in 2022, then fell by -25bps to 21.81% in 2023, then increased by 18bps to 25.69% in 2024, then crashed by -50bps to 12.89% in 2025, then grew by 17bps to 15.12% in 2026.
- Business Quant data shows Tax Rate for TH 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 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 20.55 |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 20.65 |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 24.81 |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 5.27 |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 21.71 |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 25.72 |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 30.77 |
| 10 | Target Hospitality | 1.82 Bn | 1.82 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 |
| Sep 30, 2023 | 24.27 |
| Sep 30, 2023 | 24.27 |
| Jun 30, 2023 | 22.77 |
| Jun 30, 2023 | 22.77 |
| Mar 31, 2023 | 21.80 |
| Mar 31, 2023 | 21.80 |
| Dec 31, 2022 | 29.27 |
| Dec 31, 2022 | 29.27 |
| Sep 30, 2022 | 38.64 |
| Sep 30, 2022 | 38.64 |
| Jun 30, 2022 | 21.37 |
| Jun 30, 2022 | 21.37 |
| Mar 31, 2022 | 68.77 |
| Mar 31, 2022 | 68.77 |
| Dec 31, 2021 | -0.66 |
| Dec 31, 2021 | -0.66 |
| Sep 30, 2021 | 20.39 |
| Sep 30, 2021 | 20.39 |
| Jun 30, 2021 | 10.29 |
| Jun 30, 2021 | 10.29 |
| Mar 31, 2021 | 10.03 |
| Mar 31, 2021 | 10.03 |
| Dec 31, 2020 | 26.33 |
| Dec 31, 2020 | 26.33 |
| Sep 30, 2020 | 28.23 |
| Sep 30, 2020 | 28.23 |
| Jun 30, 2020 | 15.09 |
| Jun 30, 2020 | 15.09 |
| Mar 31, 2020 | 4.10 |
| Mar 31, 2020 | 4.10 |
| Dec 31, 2019 | 38.83 |
| Dec 31, 2019 | 38.83 |
| Sep 30, 2019 | 17.52 |
| Sep 30, 2019 | 17.52 |
| Jun 30, 2019 | 34.39 |
| Jun 30, 2019 | 34.39 |
| Mar 31, 2019 | 11.63 |
| Mar 31, 2019 | 11.63 |
| Dec 31, 2018 | 70.30 |
| Dec 31, 2018 | 70.30 |
| Sep 30, 2018 | -24.29 |
| Sep 30, 2018 | -24.29 |
| Jun 30, 2018 | 29.23 |
| Jun 30, 2018 | 29.23 |
| Mar 31, 2018 | 18.09 |
| Mar 31, 2018 | 18.09 |