Target Hospitality (TH) Capital Expenditures (2018 - 2026)
Target Hospitality's Capital Expenditures was $5.45 million in Q2 2026, compared with $35,000 a year earlier.
Target Hospitality (TH) Capital Expenditures (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Target Hospitality's Capital Expenditures was $5.73 million through Jun 30, 2026, up 432.1% year-over-year; for FY2025, it was $751,000, up 9.3% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 14.5% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $687,000 in FY2024 (-77.6%), $3.07 million in FY2023 (-85.1%), $20.56 million in FY2022 and $427,000 in FY2021 (+12.1%).
- The Q2 2026 figure marks the highest quarterly Capital Expenditures since Q2 2022.
- Compared with a year earlier, Capital Expenditures was higher in two of the last seven quarters, with growth averaging 28.4%.
- The best year-over-year quarter for Capital Expenditures over five years was Q1 2023 (growth of 767.5%); the worst was Q2 2023 (a decline of 97.0%).
- Per Business Quant data, TH's Capital Expenditures in the three quarters before Q2 2026 was $176,000 (Q1 2026), $52,000 (Q4 2025) and $49,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.56 Bn | 64.32 Bn | 1.73 Bn | 2.05 Bn |
| 2 | W.W. Grainger | 62.94 Bn | 60.53 Bn | 1.98 Bn | 111.00 Mn |
| 3 | Fastenal | 59.44 Bn | 58.36 Bn | 1.06 Bn | 64.10 Mn |
| 4 | Ferguson Enterprises | 44.02 Bn | 41.23 Bn | 2.32 Bn | 92.00 Mn |
| 5 | Sunbelt Rentals Holdings | 31.57 Bn | 31.45 Bn | 1.25 Bn | 855.00 Mn |
| 6 | Reliance | 21.31 Bn | 20.35 Bn | 1.30 Bn | 93.40 Mn |
| 7 | Wesco International | 16.85 Bn | 14.17 Bn | 1.46 Bn | 28.20 Mn |
| 8 | Applied Industrial Technologies | 12.44 Bn | 12.31 Bn | 411.22 Mn | 5.25 Mn |
| 9 | Watsco | 11.51 Bn | 9.20 Bn | 578.93 Mn | 8.99 Mn |
| 10 | Target Hospitality | 1.56 Bn | 1.51 Bn | 15.80 Mn | 84.64 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.64 Mn |
| Mar 31, 2026 | 32.77 Mn |
| Dec 31, 2025 | 26.62 Mn |
| Sep 30, 2025 | 16.26 Mn |
| Jun 30, 2025 | 7.71 Mn |
| Mar 31, 2025 | 17.21 Mn |
| Dec 31, 2024 | 6.28 Mn |
| Sep 30, 2024 | 7.78 Mn |
| Jun 30, 2024 | 7.22 Mn |
| Mar 31, 2024 | 8.96 Mn |
| Dec 31, 2023 | 7.27 Mn |
| Sep 30, 2023 | 12.19 Mn |
| Jun 30, 2023 | 20.39 Mn |
| Mar 31, 2023 | 24.02 Mn |
| Dec 31, 2022 | 36.57 Mn |
| Sep 30, 2022 | 72.89 Mn |
| Jun 30, 2022 | 28.42 Mn |
| Mar 31, 2022 | 2.96 Mn |
| Dec 31, 2021 | 11.91 Mn |
| Sep 30, 2021 | 9.80 Mn |
Target Hospitality Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "TH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();