Target Hospitality (TH) Debt Ratio (2018 - 2026)
On a quarterly basis, Debt Ratio fell 77.51% to 0.06 in Q1 2026 year-over-year; TTM through Mar 2026 was 0.06, a 77.51% decrease, with the full-year FY2024 number at 0.25, down 3.13% from a year prior.
Target Hospitality (TH) has 9 years of Debt Ratio data on record, last reported at 0.06 in Q1 2026.
- Debt Ratio reached 0.06 in Q1 2026 per TH's latest filing, up from 0.04 in the prior quarter.
- Over the last five years, Debt Ratio for TH hit a ceiling of 1.02 in Q3 2024 and a floor of 0.04 in Q2 2025.
- A 5-year average of 0.46 and a median of 0.32 in 2023 define the central range for Debt Ratio.
- Peak YoY movement for Debt Ratio: surged 6145.03% in 2022, then plummeted 95.56% in 2025.
- Tracing TH's Debt Ratio over 5 years: stood at 0.43 in 2022, then plummeted by 39.81% to 0.26 in 2023, then fell by 3.13% to 0.25 in 2024, then crashed by 81.9% to 0.04 in 2025, then increased by 23.65% to 0.06 in 2026.
- Business Quant data shows Debt Ratio for TH at 0.06 in Q1 2026, 0.04 in Q2 2025, and 0.25 in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | 0.00 |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | 71.37 |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 0.26 |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | - |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 0.12 |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 0.34 |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 0.21 |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 0.44 |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 0.35 |
| 10 | Target Hospitality | 1.82 Bn | 1.82 Bn | 6.88 Mn | 0.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.06 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 1.02 |
| Jun 30, 2024 | 1.01 |
| Mar 31, 2024 | 0.94 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.30 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.43 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.61 |
| Mar 31, 2022 | 0.67 |
| Dec 31, 2021 | 0.64 |
| Sep 30, 2021 | 0.62 |
| Jun 30, 2021 | 0.01 |
| Mar 31, 2021 | 0.63 |
| Dec 31, 2020 | 0.61 |
| Sep 30, 2020 | 0.13 |
| Jun 30, 2020 | 91.67 |
| Mar 31, 2020 | 0.14 |
| Dec 31, 2019 | 0.15 |
| Sep 30, 2019 | 0.00 |
| Jun 30, 2019 | 0.12 |
| Mar 31, 2019 | 0.07 |
| Dec 31, 2018 | 0.04 |