Target Hospitality (TH) Capital Expenditures (2018 - 2026)
Target Hospitality's (TH) quarterly Capital Expenditures came in at $18.2 million in Q2 2026, up 1150.61% year-over-year from $1.5 million in Q2 2025, and up 229.56% quarter-over-quarter from $5.5 million in Q1 2026.
Target Hospitality (TH) Capital Expenditures (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Capital Expenditures for 9 consecutive years, with $18.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 1150.61% year-over-year to $18.2 million in Q2 2026; TTM through Jun 2026 was $24.9 million, a 10836.4% increase from a year earlier, with the FY2025 full-year figure at $1.8 million, up 165.79% from the prior year.
- Capital Expenditures was $18.2 million for Q2 2026 at Target Hospitality, up from $5.5 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $18.2 million in Q2 2026 and troughed at -$10.2 million in Q4 2025.
- A 5-year average of $2.8 million and a median of $909500.0 in 2023 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures jumped 6090.6% in 2023 and tumbled 2737.97% in 2024, its largest moves.
- Over 5 years, Capital Expenditures stood at $528000.0 in 2022, then sank by 85.04% to $79000.0 in 2023, then plunged by 2737.97% to -$2.1 million in 2024, then plunged by 389.11% to -$10.2 million in 2025, then surged by 278.83% to $18.2 million in 2026.
- The last three Capital Expenditures figures came in at $18.2 million (Q2 2026), $5.5 million (Q1 2026), and -$10.2 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 759.00 Mn |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 285.00 Mn |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | - |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 122.03 Mn |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 79.11 Mn |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | 18.23 Mn |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | 94.68 Mn |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 16.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.23 Mn |
| Mar 31, 2026 | 5.53 Mn |
| Dec 31, 2025 | -10.19 Mn |
| Sep 30, 2025 | 11.37 Mn |
| Jun 30, 2025 | -1.74 Mn |
| Mar 31, 2025 | 2.39 Mn |
| Dec 31, 2024 | -2.08 Mn |
| Sep 30, 2024 | 1.66 Mn |
| Jun 30, 2024 | 974,000.00 |
| Mar 31, 2024 | 135,000.00 |
| Dec 31, 2023 | 79,000.00 |
| Sep 30, 2023 | 845,000.00 |
| Jun 30, 2023 | -5.10 Mn |
| Mar 31, 2023 | 7.24 Mn |
| Dec 31, 2022 | 528,000.00 |
| Sep 30, 2022 | 4.07 Mn |
| Jun 30, 2022 | 15.84 Mn |
| Mar 31, 2022 | 117,000.00 |
| Dec 31, 2021 | 126,000.00 |
| Sep 30, 2021 | -784,000.00 |
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();