Growth Metrics

Target Hospitality (TH) Change in Receivables (2018 - 2026)

On a quarterly basis, Change in Receivables fell 237.72% to -$10.5 million in Q1 2026 year-over-year; TTM through Mar 2026 was -$10.6 million, a 423.57% decrease, with the full-year FY2025 number at $7.5 million, up 142.68% from a year prior.

Target Hospitality (TH) has 9 years of Change in Receivables data on record, last reported at -$10.5 million in Q1 2026.

  • Change in Receivables reached -$10.5 million in Q1 2026 per TH's latest filing, down from $13.4 million in the prior quarter.
  • Over the last five years, Change in Receivables for TH hit a ceiling of $36.9 million in Q2 2022 and a floor of -$36.5 million in Q3 2022.
  • A 5-year average of $1.1 million and a median of $570000.0 in 2025 define the central range for Change in Receivables.
  • Peak YoY movement for Change in Receivables: soared 6556.99% in 2022, then tumbled 1693.15% in 2025.
  • Tracing TH's Change in Receivables over 5 years: stood at $509000.0 in 2022, then skyrocketed by 1495.87% to $8.1 million in 2023, then crashed by 75.64% to $2.0 million in 2024, then skyrocketed by 579.23% to $13.4 million in 2025, then crashed by 178.17% to -$10.5 million in 2026.
  • Business Quant data shows Change in Receivables for TH at -$10.5 million in Q1 2026, $13.4 million in Q4 2025, and -$14.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (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 56.46 Mn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn 99.65 Mn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 87.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn -44.18 Mn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn -
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn -7.48 Mn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn -95.00 Mn
10 Target Hospitality 1.82 Bn 1.82 Bn 6.88 Mn -10.51 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -10.51 Mn
Mar 31, 2026 -10.51 Mn
Dec 31, 2025 13.44 Mn
Dec 31, 2025 13.44 Mn
Sep 30, 2025 -14.13 Mn
Sep 30, 2025 -14.13 Mn
Jun 30, 2025 570,000.00
Jun 30, 2025 570,000.00
Mar 31, 2025 7.63 Mn
Mar 31, 2025 7.63 Mn
Dec 31, 2024 1.98 Mn
Dec 31, 2024 1.98 Mn
Sep 30, 2024 -788,000.00
Sep 30, 2024 -788,000.00
Jun 30, 2024 -5.54 Mn
Jun 30, 2024 -5.54 Mn
Mar 31, 2024 -13.25 Mn
Mar 31, 2024 -13.25 Mn
Dec 31, 2023 8.12 Mn
Dec 31, 2023 8.12 Mn
Sep 30, 2023 6.13 Mn
Sep 30, 2023 6.13 Mn
Jun 30, 2023 542,000.00
Jun 30, 2023 542,000.00
Mar 31, 2023 11.01 Mn
Mar 31, 2023 11.01 Mn
Dec 31, 2022 509,000.00
Dec 31, 2022 509,000.00
Sep 30, 2022 -36.53 Mn
Sep 30, 2022 -36.53 Mn
Jun 30, 2022 36.93 Mn
Jun 30, 2022 36.93 Mn
Mar 31, 2022 12.78 Mn
Mar 31, 2022 12.78 Mn
Dec 31, 2021 -4.37 Mn
Dec 31, 2021 -4.37 Mn
Sep 30, 2021 4.19 Mn
Sep 30, 2021 4.19 Mn
Jun 30, 2021 -572,000.00
Jun 30, 2021 -572,000.00
Mar 31, 2021 2.98 Mn
Mar 31, 2021 2.98 Mn
Dec 31, 2020 -4.36 Mn
Dec 31, 2020 -4.36 Mn
Sep 30, 2020 -8.47 Mn
Sep 30, 2020 -8.47 Mn
Jun 30, 2020 -4.56 Mn
Jun 30, 2020 -4.56 Mn
Mar 31, 2020 1.12 Mn
Mar 31, 2020 1.12 Mn
Dec 31, 2019 599,000.00
Dec 31, 2019 599,000.00
Sep 30, 2019 -2.91 Mn
Sep 30, 2019 -2.91 Mn
Jun 30, 2019 -3.16 Mn
Jun 30, 2019 -3.16 Mn
Mar 31, 2019 -1.97 Mn
Mar 31, 2019 -1.97 Mn
Dec 31, 2018 18.21 Mn
Dec 31, 2018 18.21 Mn
Sep 30, 2018 5.06 Mn
Sep 30, 2018 5.06 Mn
Jun 30, 2018 3.29 Mn
Jun 30, 2018 3.29 Mn
Mar 31, 2018 -654,000.00
Mar 31, 2018 -654,000.00