Growth Metrics

Target Hospitality (TH) Debt to Equity (2018 - 2026)

On a quarterly basis, Debt to Equity fell 19.12% to $0.08 in Q1 2026 year-over-year; TTM through Mar 2026 was $0.08, a 19.12% decrease, with the full-year FY2024 number at $0.43, down 9.27% from a year prior.

Target Hospitality (TH) has 9 years of Debt to Equity data on record, last reported at $0.08 in Q1 2026.

  • Debt to Equity reached $0.08 in Q1 2026 per TH's latest filing, up from $0.06 in the prior quarter.
  • Over the last five years, Debt to Equity for TH hit a ceiling of $3.37 in Q1 2022 and a floor of $0.06 in Q2 2025.
  • A 5-year average of $0.98 and a median of $0.48 in 2024 define the central range for Debt to Equity.
  • Peak YoY movement for Debt to Equity: soared 4499.38% in 2022, then crashed 86.74% in 2025.
  • Tracing TH's Debt to Equity over 5 years: stood at $1.64 in 2022, then tumbled by 71.17% to $0.47 in 2023, then fell by 9.27% to $0.43 in 2024, then tumbled by 86.03% to $0.06 in 2025, then skyrocketed by 33.15% to $0.08 in 2026.
  • Business Quant data shows Debt to Equity for TH at $0.08 in Q1 2026, $0.06 in Q2 2025, and $0.1 in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Relx 81.40 Bn 81.16 Bn - 0.00
2 Rentokil Initial 79.56 Bn 78.10 Bn - 1.01
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 0.55
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn -
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 0.27
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn 0.92
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 0.45
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 1.86
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 0.83
10 Target Hospitality 1.82 Bn 1.82 Bn 6.88 Mn 0.08

Historic Data

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DateValue
Mar 31, 2026 0.08
Jun 30, 2025 0.06
Mar 31, 2025 0.10
Dec 31, 2024 0.43
Sep 30, 2024 0.43
Jun 30, 2024 0.45
Mar 31, 2024 0.48
Dec 31, 2023 0.47
Sep 30, 2023 0.62
Jun 30, 2023 0.71
Mar 31, 2023 0.86
Dec 31, 2022 1.64
Sep 30, 2022 2.29
Jun 30, 2022 2.67
Mar 31, 2022 3.37
Dec 31, 2021 3.39
Sep 30, 2021 3.52
Jun 30, 2021 0.06
Mar 31, 2021 3.79
Dec 31, 2020 3.30
Sep 30, 2020 0.65
Jun 30, 2020 2.85
Mar 31, 2020 0.67
Dec 31, 2019 0.67
Sep 30, 2019 0.00
Jun 30, 2019 0.57
Mar 31, 2019 0.35
Dec 31, 2018 0.06