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

Target Hospitality (TH) reported Debt to Equity of $0.08 for Q1 2026, down 19.12% year-over-year from $0.1 in Q1 2025, and up 33.15% quarter-over-quarter from $0.06 in Q2 2025.

Target Hospitality (TH) Debt to Equity (2018 - 2026) Analysis & Trends

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

  • Debt to Equity for Q1 2026 came in at $0.08, down 19.12% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.08 (down 19.12% YoY), and the FY2024 annual result was $0.43, down 9.27% from the prior year.
  • Debt to Equity climbed to $0.08 in Q1 2026 per TH's latest filing, from $0.06 in the prior quarter.
  • Over five years, Debt to Equity peaked at $3.37 in Q1 2022 and troughed at $0.06 in Q2 2025.
  • A 5-year average of $0.98 and a median of $0.48 in 2024 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2025: Debt to Equity jumped 4499.38% in 2022, then plunged 86.74% in 2025.
  • A 5-year view of Debt to Equity shows it 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 jumped by 33.15% to $0.08 in 2026.
  • Business Quant data shows TH's Debt to Equity 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 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 0.55
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn -
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 0.45
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 0.27
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn 0.92
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 1.86
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 0.83
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn -
10 Target Hospitality 1.84 Bn 1.83 Bn 6.88 Mn 0.08

Historic Data

Download Data
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