Target Hospitality (TH) Change in Receivables (2018 - 2026)
Target Hospitality's (TH) quarterly Change in Receivables came in at $5.0 million in Q2 2026, up 780.7% year-over-year from $570000.0 in Q2 2025, and up 147.77% quarter-over-quarter from -$10.5 million in Q1 2026.
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Analysis
Target Hospitality (TH) Change in Receivables (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Change in Receivables for 9 consecutive years, with $5.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Change in Receivables rose 780.7% year-over-year to $5.0 million in Q2 2026; TTM through Jun 2026 was -$6.2 million, a 165.77% decrease from a year earlier, with the FY2025 full-year figure at $7.5 million, up 142.68% from the prior year.
- Change in Receivables was $5.0 million for Q2 2026 at Target Hospitality, up from -$10.5 million in the prior quarter.
- Over five years, Change in Receivables peaked at $36.9 million in Q2 2022 and troughed at -$36.5 million in Q3 2022.
- A 5-year average of $1.3 million and a median of $1.3 million in 2024 frame the typical range for Change in Receivables.
- Across the five-year window, Change in Receivables soared 6556.99% in 2022 and plunged 1693.15% in 2025, its largest moves.
- Over 5 years, Change in Receivables stood at $509000.0 in 2022, then soared by 1495.87% to $8.1 million in 2023, then tumbled by 75.64% to $2.0 million in 2024, then soared by 579.23% to $13.4 million in 2025, then sank by 62.65% to $5.0 million in 2026.
- The last three Change in Receivables figures came in at $5.0 million (Q2 2026), -$10.5 million (Q1 2026), and $13.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 244.00 Mn |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 87.00 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 | 47.07 Mn |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 18.15 Mn |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | 5.02 Mn |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | 43.65 Mn |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | -1.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.02 Mn |
| Mar 31, 2026 | -10.51 Mn |
| Dec 31, 2025 | 13.44 Mn |
| Sep 30, 2025 | -14.13 Mn |
| Jun 30, 2025 | 570,000.00 |
| Mar 31, 2025 | 7.63 Mn |
| Dec 31, 2024 | 1.98 Mn |
| Sep 30, 2024 | -788,000.00 |
| Jun 30, 2024 | -5.54 Mn |
| Mar 31, 2024 | -13.25 Mn |
| Dec 31, 2023 | 8.12 Mn |
| Sep 30, 2023 | 6.13 Mn |
| Jun 30, 2023 | 542,000.00 |
| Mar 31, 2023 | 11.01 Mn |
| Dec 31, 2022 | 509,000.00 |
| Sep 30, 2022 | -36.53 Mn |
| Jun 30, 2022 | 36.93 Mn |
| Mar 31, 2022 | 12.78 Mn |
| Dec 31, 2021 | -4.37 Mn |
| Sep 30, 2021 | 4.19 Mn |
API Access
Target Hospitality Change in Receivables 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=change-in-receivables&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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=change-in-receivables&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();