Target Hospitality (TH) Asset Utilization Ratio (2018 - 2026)
Target Hospitality (TH) posted quarterly Asset Utilization Ratio of 0.46 for Q1 2026, down 53.67% year-over-year from 1.0 in Q1 2025, and down 43.4% quarter-over-quarter from 0.81 in Q4 2025.
Target Hospitality (TH) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Asset Utilization Ratio for 9 consecutive years, with 0.46 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 53.67% year-over-year to 0.46; the TTM figure through Mar 2026 stood at 0.46 (down 53.67% YoY), while the FY2025 annual figure was 0.44, up 16.85% from the prior year.
- Asset Utilization Ratio fell to 0.46 in Q1 2026 per TH's latest filing, from 0.81 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.38 in Q3 2024 and bottomed at 0.46 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 0.82 across 5 years, with a median of 0.83 in 2023.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio soared 106.48% — and 2026, when it plunged 53.67%.
- Target Hospitality's Asset Utilization Ratio stood at 0.67 in 2022, then climbed by 0.99% to 0.68 in 2023, then grew by 4.56% to 0.71 in 2024, then rose by 15.38% to 0.81 in 2025, then plunged by 43.4% to 0.46 in 2026.
- Business Quant data shows TH's Asset Utilization Ratio at 0.46 in Q1 2026, 0.81 in Q4 2025, and 0.84 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.93 Bn | 81.64 Bn | 1.48 Bn | 1.09 |
| 2 | Relx | 65.80 Bn | 65.63 Bn | - | - |
| 3 | Copart | 31.94 Bn | 28.59 Bn | 732.88 Mn | 0.46 |
| 4 | Global Payments | 25.51 Bn | 20.10 Bn | 2.03 Bn | 0.16 |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn | 0.39 |
| 6 | Aramark | 15.58 Bn | 15.08 Bn | 430.34 Mn | 1.43 |
| 7 | UL Solutions | 15.06 Bn | 14.63 Bn | 417.00 Mn | 1.04 |
| 8 | Rentokil Initial | 11.93 Bn | 9.41 Bn | - | - |
| 9 | Dolby Laboratories | 6.15 Bn | 5.48 Bn | 264.68 Mn | 0.42 |
| 10 | Target Hospitality | 1.75 Bn | 1.75 Bn | 15.80 Mn | 0.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.58 |
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.81 |
| Sep 30, 2025 | 0.84 |
| Jun 30, 2025 | 1.24 |
| Mar 31, 2025 | 1.00 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 1.38 |
| Jun 30, 2024 | 1.11 |
| Mar 31, 2024 | 0.91 |
| Dec 31, 2023 | 0.68 |
| Sep 30, 2023 | 0.96 |
| Jun 30, 2023 | 1.00 |
| Mar 31, 2023 | 0.83 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 0.48 |
| Dec 31, 2021 | 0.41 |
| Sep 30, 2021 | 0.40 |