SuperworthTarget Hospitality profit margin TH
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- −10.8%
- Operating margin, 12 months
- −11.1%
- Net margin on a year earlier
- −14.4 pts
- Peer median
- 7.2%
Over the twelve months to Jun 30, 2026, Target Hospitality kept −10.8% of its revenue as net profit, with an operating margin of −11.1% and a gross margin of 13.7%.
Five years earlier its net margin was −14.1%.
The median for 9 hotel stocks of a similar size is 7.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −11.6% | −10.8% | 13.3% |
| FY2024 | 18.4% | 28.2% | 46.1% |
| FY2023 | 30.8% | 42.7% | 55.6% |
| FY2022 | 14.7% | 34.7% | 49.2% |
| FY2021 | −1.6% | 12.7% | 34.8% |
| FY2020 | −11.2% | 1.8% | 25.4% |
| FY2019 | 3.7% | 14.9% | 45.8% |
| FY2018 | 2.1% | 17.0% | 37.5% |
| FY2017 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −10.8% | −14.4 pts | −11.1% | |
| Q1 FY26 | −13.5% | −26.2 pts | −14.8% | |
| Q4 FY25 | −11.6% | −30.0 pts | −10.8% | |
| Q3 FY25 | −3.1% | −25.6 pts | 0.9% | |
| Q2 FY25 | 3.6% | −21.9 pts | 9.9% | |
| Q1 FY25 | 12.7% | −16.0 pts | 22.1% | |
| Q4 FY24 | 18.4% | −12.4 pts | 28.2% | |
| Q3 FY24 | 22.5% | −5.9 pts | 31.3% | |
| Q2 FY24 | 25.5% | +2.1 pts | 36.3% | |
| Q1 FY24 | 28.8% | +8.2 pts | 40.0% | |
| Q4 FY23 | 30.8% | +16.1 pts | 42.7% | |
| Q3 FY23 | 28.4% | +17.9 pts | 43.9% |
Against its peers
Companies in Travel Lodging nearest Target Hospitality's size, closest first, today.
| Company | Profit margin |
|---|---|
| THTarget Hospitality | −10.8% |
| MCRIMonarch Casino & Resort | 20.4% |
| SHOSunstone Hotel Investors | n/m |
| HGVHilton Grand Vacations | 2.9% |
| TNLTravel & Leisure | 5.8% |
| CHHChoice Hotels International | 20.3% |
| RRRRed Rock Resorts | 8.4% |
| WHWyndham Hotels & Resorts | 14.0% |
| MGMMGM Resorts International | 2.4% |
| WYNNWynn Resorts | 6.1% |
| Peer median | 7.2% |
Where Target Hospitality ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Target Hospitality
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.