Growth Metrics

Target Hospitality (TH) Asset Utilization Ratio (2018 - 2026)

On a quarterly basis, Asset Utilization Ratio fell 40.64% to 0.54 in Q1 2026 year-over-year; TTM through Mar 2026 was 0.54, a 40.64% decrease, with the full-year FY2025 number at 0.51, up 36.34% from a year prior.

Target Hospitality (TH) has 9 years of Asset Utilization Ratio data on record, last reported at 0.54 in Q1 2026.

  • Asset Utilization Ratio reached 0.54 in Q1 2026 per TH's latest filing, down from 0.96 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for TH hit a ceiling of 1.11 in Q3 2024 and a floor of 0.37 in Q4 2023.
  • A 5-year average of 0.71 and a median of 0.64 in 2022 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: skyrocketed 86.14% in 2025, then plummeted 40.64% in 2026.
  • Tracing TH's Asset Utilization Ratio over 5 years: stood at 0.6 in 2022, then tumbled by 37.19% to 0.37 in 2023, then skyrocketed by 37.16% to 0.51 in 2024, then surged by 86.14% to 0.96 in 2025, then crashed by 43.49% to 0.54 in 2026.
  • Business Quant data shows Asset Utilization Ratio for TH 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 Relx 81.40 Bn 81.16 Bn - -
2 Rentokil Initial 79.56 Bn 78.10 Bn - -
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 1.08
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn 0.44
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 1.06
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn 0.15
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 0.38
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 1.42
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 1.27
10 Target Hospitality 1.82 Bn 1.82 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
Mar 31, 2021 0.31
Dec 31, 2020 0.37
Sep 30, 2020 0.81
Jun 30, 2020 0.91
Mar 31, 2020 0.55
Dec 31, 2019 0.56
Sep 30, 2019 0.56
Jun 30, 2019 0.44
Mar 31, 2019 0.40
Dec 31, 2018 0.42
Sep 30, 2018 0.27