Growth Metrics

Target Hospitality (TH) Depreciation Expense (2018 - 2025)

Target Hospitality (TH) has disclosed Depreciation Expense for 8 consecutive years, with $15.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Depreciation Expense rose 15.04% to $15.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $57.2 million, a 0.03% change, with the full-year FY2025 number at $57.2 million, changed 0.03% from a year prior.
  • Depreciation Expense was $15.6 million for Q4 2025 at Target Hospitality, up from $14.4 million in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $18.0 million in Q2 2023 to a low of $11.9 million in Q2 2022.
  • A 5-year average of $14.5 million and a median of $14.2 million in 2021 define the central range for Depreciation Expense.
  • Peak YoY movement for Depreciation Expense: surged 51.69% in 2023, then fell 20.37% in 2024.
  • Target Hospitality's Depreciation Expense stood at $13.0 million in 2021, then rose by 25.77% to $16.3 million in 2022, then decreased by 5.67% to $15.4 million in 2023, then dropped by 12.11% to $13.5 million in 2024, then increased by 15.04% to $15.6 million in 2025.
  • Per Business Quant, the three most recent readings for TH's Depreciation Expense are $15.6 million (Q4 2025), $14.4 million (Q3 2025), and $13.6 million (Q2 2025).