Target Hospitality (TH) Capital Leases (2018 - 2026)
Target Hospitality's Capital Leases came in at $2.12 million for Q2 2026, down 9.7% from $2.34 million a year earlier but up 44.0% from the prior quarter.
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Analysis
Target Hospitality (TH) Capital Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, Target Hospitality's Capital Leases was $1.68 million, up 15.4% from FY2024.
- Capital Leases carries a five-year compound annual growth rate of 44.2% (FY2020 to FY2025).
- Going back by year, Capital Leases was $1.45 million in FY2024 (+41.7%), $1.02 million in FY2023 (-5.9%), $1.09 million in FY2022 (+56.3%) and $696,000 in FY2021 (+158.7%).
- The five-year range for quarterly Capital Leases is $696,000 (Q4 2021) to $2.34 million (Q2 2025).
- Year-over-year, Capital Leases increased in five of the last eight quarters, with growth averaging 36.2%.
- The fastest year-over-year change in Capital Leases over five years came in Q4 2021 (growth of 158.7%), and the weakest in Q1 2026 (a decline of 28.1%).
- Business Quant data shows TH's Capital Leases at $1.47 million (Q1 2026), $1.68 million (Q4 2025) and $2.02 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 65.51 Bn | 64.27 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 62.97 Bn | 60.57 Bn | 1.98 Bn |
| 3 | Fastenal | 59.30 Bn | 58.22 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 44.25 Bn | 41.47 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.57 Bn | 31.45 Bn | 1.25 Bn |
| 6 | Reliance | 21.29 Bn | 20.32 Bn | 1.30 Bn |
| 7 | Wesco International | 16.76 Bn | 14.07 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.41 Bn | 12.28 Bn | 411.22 Mn |
| 9 | Watsco | 11.52 Bn | 9.21 Bn | 578.93 Mn |
| 10 | Target Hospitality | 1.56 Bn | 1.51 Bn | 15.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.12 Mn |
| Mar 31, 2026 | 1.47 Mn |
| Dec 31, 2025 | 1.68 Mn |
| Sep 30, 2025 | 2.02 Mn |
| Jun 30, 2025 | 2.34 Mn |
| Mar 31, 2025 | 2.04 Mn |
| Dec 31, 2024 | 1.45 Mn |
| Sep 30, 2024 | 994,000.00 |
| Jun 30, 2024 | 1.11 Mn |
| Mar 31, 2024 | 1.27 Mn |
| Dec 31, 2023 | 1.02 Mn |
| Sep 30, 2023 | 1.05 Mn |
| Jun 30, 2023 | 1.11 Mn |
| Mar 31, 2023 | 1.18 Mn |
| Dec 31, 2022 | 1.09 Mn |
| Sep 30, 2022 | 919,000.00 |
| Jun 30, 2022 | 950,000.00 |
| Mar 31, 2022 | 903,000.00 |
| Dec 31, 2021 | 696,000.00 |
| Mar 31, 2021 | 79,000.00 |
API Access
Target Hospitality Capital Leases 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-leases&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "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-leases&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();