Target Hospitality (TH) Current Leases (2018 - 2026)
Target Hospitality's (TH) quarterly Current Leases came in at $3.3 million in Q2 2026, down 53.52% year-over-year from $7.1 million in Q2 2025, and down 30.81% quarter-over-quarter from $4.8 million in Q1 2026.
Target Hospitality (TH) Current Leases (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Current Leases for 9 consecutive years, with $3.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Current Leases fell 53.52% year-over-year to $3.3 million in Q2 2026; TTM through Jun 2026 was $3.3 million, a 53.52% decrease from a year earlier, with the FY2025 full-year figure at $5.8 million, down 32.07% from the prior year.
- Current Leases was $3.3 million for Q2 2026 at Target Hospitality, down from $4.8 million in the prior quarter.
- Over five years, Current Leases peaked at $12.5 million in Q4 2022 and troughed at $816000.0 in Q1 2022.
- A 5-year average of $7.0 million and a median of $7.7 million in 2024 frame the typical range for Current Leases.
- The widest YoY moves for Current Leases: up 1616.87% in 2022, down 66.01% in 2022.
- Over 5 years, Current Leases stood at $12.5 million in 2022, then fell by 4.81% to $11.9 million in 2023, then fell by 28.25% to $8.5 million in 2024, then sank by 32.07% to $5.8 million in 2025, then sank by 43.12% to $3.3 million in 2026.
- The last three Current Leases figures came in at $3.3 million (Q2 2026), $4.8 million (Q1 2026), and $5.8 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 295.00 Mn |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 57.00 Mn |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 79.00 Mn |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 68.80 Mn |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | - |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | 3.30 Mn |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | - |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.30 Mn |
| Mar 31, 2026 | 4.77 Mn |
| Dec 31, 2025 | 5.81 Mn |
| Sep 30, 2025 | 7.41 Mn |
| Jun 30, 2025 | 7.11 Mn |
| Mar 31, 2025 | 6.68 Mn |
| Dec 31, 2024 | 8.55 Mn |
| Sep 30, 2024 | 8.01 Mn |
| Jun 30, 2024 | 8.79 Mn |
| Mar 31, 2024 | 10.24 Mn |
| Dec 31, 2023 | 11.91 Mn |
| Sep 30, 2023 | 8.86 Mn |
| Jun 30, 2023 | 9.67 Mn |
| Mar 31, 2023 | 10.69 Mn |
| Dec 31, 2022 | 12.52 Mn |
| Sep 30, 2022 | 824,000.00 |
| Jun 30, 2022 | 832,000.00 |
| Mar 31, 2022 | 816,000.00 |
| Dec 31, 2021 | 729,000.00 |
| Sep 30, 2021 | 148,000.00 |
Target Hospitality Current 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=current-leases&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-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=current-leases&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();