Target Hospitality (TH) Asset Utilization Ratio (2018 - 2026)
Target Hospitality's (TH) quarterly Asset Utilization Ratio came in at 0.46 in Q1 2026, down 53.67% year-on-year from 1.0 in Q1 2025, and down 43.4% on a QoQ basis from 0.81 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 0.46 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio fell 53.67% year-over-year to 0.46 in Q1 2026; TTM through Mar 2026 was 0.46, a 53.67% decrease from a year earlier, with the FY2025 full-year figure at 0.44, up 16.85% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.46, down from 0.81 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for TH reached as high as 1.38 in Q3 2024 and fell as low as 0.46 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 0.82 across 5 years, with a median of 0.83 in 2023.
- Across the five-year window, Asset Utilization Ratio jumped 106.48% in 2023 and slumped 53.67% in 2026, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.67 in 2022, then increased by 0.99% to 0.68 in 2023, then rose by 4.56% to 0.71 in 2024, then advanced by 15.38% to 0.81 in 2025, then plunged by 43.4% to 0.46 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.46 in Q1 2026, 0.81 in Q4 2025, and 0.84 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 1.08 |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | -0.29 |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 0.46 |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 0.15 |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 0.38 |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 1.06 |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 1.42 |
| 10 | Target Hospitality | 1.63 Bn | 1.63 Bn | 6.88 Mn | 0.46 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.34 |