GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Target Hospitality Corp (NAS:TH) » Definitions » Pretax Margin %

Target Hospitality (Target Hospitality) Pretax Margin % : 38.32% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Target Hospitality Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Target Hospitality's Pre-Tax Income for the three months ended in Dec. 2023 was $48.4 Mil. Target Hospitality's Revenue for the three months ended in Dec. 2023 was $126.2 Mil. Therefore, Target Hospitality's pretax margin for the quarter that ended in Dec. 2023 was 38.32%.

The historical rank and industry rank for Target Hospitality's Pretax Margin % or its related term are showing as below:

TH' s Pretax Margin % Range Over the Past 10 Years
Min: -14.92   Med: 6.95   Max: 39.88
Current: 39.88


TH's Pretax Margin % is ranked better than
95.39% of 1064 companies
in the Business Services industry
Industry Median: 5.75 vs TH: 39.88

Target Hospitality Pretax Margin % Historical Data

The historical data trend for Target Hospitality's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Target Hospitality Pretax Margin % Chart

Target Hospitality Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 6.10 -14.92 -0.92 21.18 39.88

Target Hospitality Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.29 37.91 41.88 41.24 38.32

Competitive Comparison of Target Hospitality's Pretax Margin %

For the Specialty Business Services subindustry, Target Hospitality's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Target Hospitality's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Target Hospitality's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Target Hospitality's Pretax Margin % falls into.



Target Hospitality Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Target Hospitality's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=224.75/563.608
=39.88 %

Target Hospitality's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=48.365/126.22
=38.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Target Hospitality  (NAS:TH) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Target Hospitality Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Target Hospitality's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Target Hospitality (Target Hospitality) Business Description

Traded in Other Exchanges
N/A
Address
9320 Lakeside Boulevard, Suite 300, The Woodlands, Houston, TX, USA, 77381
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists primarily of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
Executives
Eric Kalamaras officer: EVP and CFO ATLAS PIPELINE PARTNERS, GP, 110 W. 7TH, SUITE 2300, TULSA OK 74119
Troy C. Schenk officer: Chief Commercial Officer C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Jason Paul Vlacich officer: Chief Accounting Officer C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Alejandro Hernandez director 12500 BALTIMORE AVENUE, BELTSVILLE MD 20750
James B. Archer director, officer: President and CEO C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Jeffrey Sagansky director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Pamela H. Patenaude director 26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Tdr Capital Ii Investments Lp 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Manjit Dale 10 percent owner C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU
Capital Llp Tdr 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Stephen Robertson director, 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Arrow Holdings S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG N4 L-2453
Modulaire Holding S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453
Mfa Global S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453
Mfa Limited Partnership Slp 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453