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
DateValue
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