Target Hospitality (TH) Depreciation Expense (2018 - 2026)
On a quarterly basis, Depreciation Expense rose 13.92% to $15.6 million in Q1 2026 year-over-year; TTM through Mar 2026 was $59.1 million, a 5.41% increase, with the full-year FY2025 number at $57.2 million, changed 0.03% from a year prior.
Target Hospitality (TH) has 9 years of Depreciation Expense data on record, last reported at $15.6 million in Q1 2026.
- Depreciation Expense reached $15.6 million in Q1 2026 per TH's latest filing, roughly flat from $15.6 million in the prior quarter.
- Over the last five years, Depreciation Expense for TH hit a ceiling of $18.0 million in Q2 2023 and a floor of $11.9 million in Q2 2022.
- A 5-year average of $14.8 million and a median of $14.8 million in 2024 define the central range for Depreciation Expense.
- Peak YoY movement for Depreciation Expense: skyrocketed 51.69% in 2023, then decreased 20.37% in 2024.
- Tracing TH's Depreciation Expense over 5 years: stood at $16.3 million in 2022, then dropped by 5.67% to $15.4 million in 2023, then fell by 12.11% to $13.5 million in 2024, then grew by 15.04% to $15.6 million in 2025, then grew by 0.13% to $15.6 million in 2026.
- Business Quant data shows Depreciation Expense for TH at $15.6 million in Q1 2026, $15.6 million in Q4 2025, and $14.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | - |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | - |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | - |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | - |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | - |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | - |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | - |
| 10 | Target Hospitality | 1.82 Bn | 1.82 Bn | 6.88 Mn | 15.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.58 Mn |
| Dec 31, 2025 | 15.56 Mn |
| Sep 30, 2025 | 14.37 Mn |
| Jun 30, 2025 | 13.58 Mn |
| Mar 31, 2025 | 13.67 Mn |
| Dec 31, 2024 | 13.52 Mn |
| Sep 30, 2024 | 14.06 Mn |
| Jun 30, 2024 | 14.81 Mn |
| Mar 31, 2024 | 14.78 Mn |
| Dec 31, 2023 | 15.38 Mn |
| Sep 30, 2023 | 17.65 Mn |
| Jun 30, 2023 | 17.99 Mn |
| Mar 31, 2023 | 17.60 Mn |
| Dec 31, 2022 | 16.31 Mn |
| Sep 30, 2022 | 11.86 Mn |
| Jun 30, 2022 | 11.86 Mn |
| Mar 31, 2022 | 12.80 Mn |
| Dec 31, 2021 | 12.97 Mn |
| Sep 30, 2021 | 14.29 Mn |
| Jun 30, 2021 | 13.91 Mn |
| Mar 31, 2021 | 12.44 Mn |
| Dec 31, 2020 | 12.81 Mn |
| Sep 30, 2020 | 12.00 Mn |
| Jun 30, 2020 | 12.27 Mn |
| Mar 31, 2020 | 12.90 Mn |
| Dec 31, 2019 | 12.34 Mn |
| Sep 30, 2019 | 11.22 Mn |
| Jun 30, 2019 | 9.96 Mn |
| Mar 31, 2019 | 9.90 Mn |
| Dec 31, 2018 | 8.41 Mn |
| Sep 30, 2018 | 9.80 Mn |
| Jun 30, 2018 | 6.80 Mn |
| Mar 31, 2018 | 6.60 Mn |