Target Hospitality (TH) Asset Utilization Ratio (2018 - 2026)
Target Hospitality (TH) reported Asset Utilization Ratio of 0.54 for Q1 2026, down 40.64% year-over-year from 0.91 in Q1 2025, and down 43.49% quarter-over-quarter from 0.96 in Q4 2025.
Target Hospitality (TH) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of Asset Utilization Ratio data on file, last reported at 0.54 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.54, down 40.64% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.54 (down 40.64% YoY), and the FY2025 annual result was 0.51, up 36.34% from the prior year.
- Asset Utilization Ratio slipped to 0.54 in Q1 2026 per TH's latest filing, from 0.96 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.11 in Q3 2024 and troughed at 0.37 in Q4 2023.
- A 5-year average of 0.71 and a median of 0.64 in 2022 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2025 and 2026: Asset Utilization Ratio surged 86.14% in 2025, then tumbled 40.64% in 2026.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.6 in 2022, then tumbled by 37.19% to 0.37 in 2023, then jumped by 37.16% to 0.51 in 2024, then surged by 86.14% to 0.96 in 2025, then tumbled by 43.49% to 0.54 in 2026.
- Business Quant data shows TH's Asset Utilization Ratio at 0.54 in Q1 2026, 0.96 in Q4 2025, and 0.66 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 1.08 |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 0.46 |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 0.38 |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 1.06 |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 0.15 |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 1.42 |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 1.27 |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 0.42 |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn | 0.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.96 |
| Sep 30, 2025 | 0.66 |
| Jun 30, 2025 | 1.03 |
| Mar 31, 2025 | 0.91 |
| Dec 31, 2024 | 0.51 |
| Sep 30, 2024 | 1.11 |
| Jun 30, 2024 | 1.06 |
| Mar 31, 2024 | 0.54 |
| Dec 31, 2023 | 0.37 |
| Sep 30, 2023 | 0.63 |
| Jun 30, 2023 | 0.75 |
| Mar 31, 2023 | 0.65 |
| Dec 31, 2022 | 0.60 |
| Sep 30, 2022 | 0.64 |
| Jun 30, 2022 | 0.61 |
| Mar 31, 2022 | 0.52 |
| Dec 31, 2021 | 0.41 |
| Sep 30, 2021 | 0.40 |
| Jun 30, 2021 | 0.34 |