Target Hospitality (TH) Common Equity (2017 - 2026)
Target Hospitality's Common Equity came in at $370.11 million for Q2 2026, down 7.7% from $401.19 million a year earlier and down 1.7% from the prior quarter.
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Analysis
Target Hospitality (TH) Common Equity (2017 - 2026) Analysis & Trends
At the end of FY2025, Target Hospitality's Common Equity was $389.26 million, down 7.6% from FY2024.
- Common Equity carries a five-year compound annual growth rate of 31.5% (FY2020 to FY2025).
- Going back by year, Common Equity was $421.09 million in FY2024 (+11.6%), $377.31 million in FY2023 (+87.9%), $200.85 million in FY2022 (+106.5%) and $97.27 million in FY2021 (-1.6%).
- The Q2 2026 figure represents the lowest quarterly Common Equity since Q3 2023.
- Year-over-year, Common Equity has declined for four consecutive quarters, with growth averaging 2.3% over the last eight quarters.
- The fastest year-over-year change in Common Equity over five years came in Q1 2023 (growth of 145.8%), and the weakest in Q3 2021 (a decline of 12.9%).
- Business Quant data shows TH's Common Equity at $376.62 million (Q1 2026), $389.26 million (Q4 2025) and $402.38 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 63.61 Bn | 62.37 Bn | 1.73 Bn | 9.22 Bn |
| 2 | W.W. Grainger | 62.36 Bn | 59.96 Bn | 1.98 Bn | 4.51 Bn |
| 3 | Fastenal | 59.06 Bn | 57.98 Bn | 1.06 Bn | 4.07 Bn |
| 4 | Ferguson Enterprises | 43.78 Bn | 41.00 Bn | 2.32 Bn | 5.87 Bn |
| 5 | Sunbelt Rentals Holdings | 30.72 Bn | 30.60 Bn | 1.25 Bn | 7.45 Bn |
| 6 | Reliance | 20.90 Bn | 19.94 Bn | 1.30 Bn | 7.41 Bn |
| 7 | Wesco International | 16.31 Bn | 13.63 Bn | 1.46 Bn | 5.22 Bn |
| 8 | Applied Industrial Technologies | 12.26 Bn | 12.13 Bn | 411.22 Mn | 1.86 Bn |
| 9 | Watsco | 11.37 Bn | 9.06 Bn | 578.93 Mn | 3.47 Bn |
| 10 | Target Hospitality | 1.52 Bn | 1.47 Bn | 15.80 Mn | 370.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 370.11 Mn |
| Mar 31, 2026 | 376.62 Mn |
| Dec 31, 2025 | 389.26 Mn |
| Sep 30, 2025 | 402.38 Mn |
| Jun 30, 2025 | 401.19 Mn |
| Mar 31, 2025 | 415.27 Mn |
| Dec 31, 2024 | 421.09 Mn |
| Sep 30, 2024 | 417.64 Mn |
| Jun 30, 2024 | 397.17 Mn |
| Mar 31, 2024 | 375.53 Mn |
| Dec 31, 2023 | 377.31 Mn |
| Sep 30, 2023 | 338.27 Mn |
| Jun 30, 2023 | 290.32 Mn |
| Mar 31, 2023 | 241.61 Mn |
| Dec 31, 2022 | 200.85 Mn |
| Sep 30, 2022 | 145.62 Mn |
| Jun 30, 2022 | 124.53 Mn |
| Mar 31, 2022 | 98.31 Mn |
| Dec 31, 2021 | 97.27 Mn |
| Sep 30, 2021 | 93.45 Mn |
API Access
Target Hospitality Common Equity 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=common-equity&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();