Target Hospitality (TH) EBITDA (2018 - 2026)
Target Hospitality (TH) reported EBITDA of $14.07 million for Q2 2026, compared with $780,000 a year earlier and up 165.0% from the prior quarter.
Target Hospitality (TH) EBITDA (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Target Hospitality's EBITDA came in at $40.76 million, down 59.9% year-over-year; for FY2025, it came in at $38.66 million, down 78.7% from FY2024.
- EBITDA has a five-year compound annual growth rate of -11.1% (FY2020 to FY2025).
- By year, EBITDA came in at $181.61 million in FY2024 (-44.0%), $324.58 million in FY2023 (+34.1%), $242.03 million in FY2022 (+124.9%) and $107.62 million in FY2021 (+54.4%).
- Five-year quarterly EBITDA spans a low of $780,000 in Q2 2025 and a high of $89.23 million in Q3 2023.
- The high point for year-over-year EBITDA in five years was Q1 2023 (growth of 185.7%); the low point was Q2 2025 (a decline of 98.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.31 million (Q1 2026), $2.81 million (Q4 2025) and $18.56 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.81 Bn | 64.57 Bn | 1.73 Bn | 1.26 Bn |
| 2 | W.W. Grainger | 63.10 Bn | 60.70 Bn | 1.98 Bn | 873.00 Mn |
| 3 | Fastenal | 59.57 Bn | 58.49 Bn | 1.06 Bn | 547.30 Mn |
| 4 | Ferguson Enterprises | 44.42 Bn | 41.64 Bn | 2.32 Bn | 709.00 Mn |
| 5 | Sunbelt Rentals Holdings | 31.61 Bn | 31.49 Bn | 1.25 Bn | 1.28 Bn |
| 6 | Reliance | 21.31 Bn | 20.35 Bn | 1.30 Bn | 511.10 Mn |
| 7 | Wesco International | 16.83 Bn | 14.14 Bn | 1.46 Bn | 444.90 Mn |
| 8 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 175.57 Mn |
| 9 | Watsco | 11.50 Bn | 9.19 Bn | 578.93 Mn | 249.30 Mn |
| 10 | Target Hospitality | 1.55 Bn | 1.50 Bn | 15.80 Mn | 14.29 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.29 Mn |
| Mar 31, 2026 | 5.52 Mn |
| Dec 31, 2025 | 2.97 Mn |
| Sep 30, 2025 | 18.71 Mn |
| Jun 30, 2025 | 931,000.00 |
| Mar 31, 2025 | 17.05 Mn |
| Dec 31, 2024 | 38.75 Mn |
| Sep 30, 2024 | 46.42 Mn |
| Jun 30, 2024 | 48.73 Mn |
| Mar 31, 2024 | 49.56 Mn |
| Dec 31, 2023 | 65.85 Mn |
| Sep 30, 2023 | 89.92 Mn |
| Jun 30, 2023 | 87.29 Mn |
| Mar 31, 2023 | 84.45 Mn |
| Dec 31, 2022 | 85.40 Mn |
| Sep 30, 2022 | 76.52 Mn |
| Jun 30, 2022 | 54.42 Mn |
| Mar 31, 2022 | 30.31 Mn |
| Dec 31, 2021 | 32.54 Mn |
| Sep 30, 2021 | 36.03 Mn |
Target Hospitality EBITDA 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=ebitda&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();