Target Hospitality (TH) Depreciation and Depletion (2018 - 2026)
Target Hospitality's Depreciation and Depletion came in at $18.17 million for Q2 2026, up 27.1% from $14.3 million a year earlier and up 11.9% from the prior quarter.
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Analysis
Target Hospitality (TH) Depreciation and Depletion (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Target Hospitality reported Depreciation and Depletion of $65.73 million, up 14.8% year-over-year; for FY2025, it was $59.91 million, up 1.0% from FY2024.
- Depreciation and Depletion carries a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- Going back by year, Depreciation and Depletion was $59.33 million in FY2024 (-15.9%), $70.53 million in FY2023 (+29.7%), $54.36 million in FY2022 (-2.7%) and $55.88 million in FY2021 (+9.9%).
- The Q2 2026 figure represents the highest quarterly Depreciation and Depletion since Q2 2023.
- Year-over-year, Depreciation and Depletion has increased for four consecutive quarters, with growth averaging 1.9% over the last eight quarters.
- The fastest year-over-year change in Depreciation and Depletion over five years came in Q2 2023 (growth of 51.0%), and the weakest in Q3 2024 (a decline of 19.5%).
- Business Quant data shows TH's Depreciation and Depletion at $16.23 million (Q1 2026), $16.24 million (Q4 2025) and $15.09 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 67.77 Bn | 66.53 Bn | 1.73 Bn | 704.00 Mn |
| 2 | W.W. Grainger | 62.37 Bn | 59.96 Bn | 1.98 Bn | - |
| 3 | Fastenal | 58.95 Bn | 57.95 Bn | 1.10 Bn | 42.10 Mn |
| 4 | Ferguson Enterprises | 43.89 Bn | 41.11 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 32.06 Bn | 31.94 Bn | 1.25 Bn | 546.00 Mn |
| 6 | Reliance | 21.23 Bn | 20.26 Bn | 1.30 Bn | - |
| 7 | Wesco International | 15.67 Bn | 12.98 Bn | 1.46 Bn | - |
| 8 | Applied Industrial Technologies | 11.98 Bn | 11.85 Bn | 411.22 Mn | 6.40 Mn |
| 9 | Watsco | 11.96 Bn | 9.65 Bn | 578.93 Mn | - |
| 10 | Target Hospitality | 1.46 Bn | 1.41 Bn | 15.80 Mn | 18.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.17 Mn |
| Mar 31, 2026 | 16.23 Mn |
| Dec 31, 2025 | 16.24 Mn |
| Sep 30, 2025 | 15.09 Mn |
| Jun 30, 2025 | 14.30 Mn |
| Mar 31, 2025 | 14.28 Mn |
| Dec 31, 2024 | 14.10 Mn |
| Sep 30, 2024 | 14.59 Mn |
| Jun 30, 2024 | 15.35 Mn |
| Mar 31, 2024 | 15.30 Mn |
| Dec 31, 2023 | 15.88 Mn |
| Sep 30, 2023 | 18.12 Mn |
| Jun 30, 2023 | 18.47 Mn |
| Mar 31, 2023 | 18.07 Mn |
| Dec 31, 2022 | 16.78 Mn |
| Sep 30, 2022 | 12.20 Mn |
| Jun 30, 2022 | 12.23 Mn |
| Mar 31, 2022 | 13.16 Mn |
| Dec 31, 2021 | 14.11 Mn |
| Sep 30, 2021 | 14.66 Mn |
API Access
Target Hospitality Depreciation and Depletion 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=depreciation-and-depletion&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();