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
DateValue
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%