Growth Metrics

Target Hospitality (TH) Tax Rate (2018 - 2025)

Target Hospitality (TH) has disclosed Tax Rate for 8 consecutive years, with 12.62% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate fell 1307.0% to 12.62% in Q4 2025 year-over-year; TTM through Dec 2025 was 14.12%, a 896.0% decrease, with the full-year FY2025 number at 14.12%, down 896.0% from a year prior.
  • Tax Rate was 12.62% for Q4 2025 at Target Hospitality, up from 94.85% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 68.77% in Q1 2022 to a low of 94.85% in Q3 2025.
  • A 5-year average of 12.2% and a median of 18.46% in 2024 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: soared 5953bps in 2023, then tumbled -11184bps in 2025.
  • Target Hospitality's Tax Rate stood at 0.66% in 2021, then crashed by -5638bps to 37.72% in 2022, then surged by 158bps to 21.81% in 2023, then rose by 18bps to 25.69% in 2024, then crashed by -51bps to 12.62% in 2025.
  • Per Business Quant, the three most recent readings for TH's Tax Rate are 12.62% (Q4 2025), 94.85% (Q3 2025), and 16.8% (Q2 2025).