Target Hospitality (TH) EBT (2018 - 2026)
Target Hospitality (TH) reported EBT of -$8.51 million for Q2 2026, compared with -$17.86 million a year earlier.
Target Hospitality (TH) EBT (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Target Hospitality's EBT came in at -$41.3 million; for FY2025, it came in at -$43.2 million.
- By year, EBT came in at $92.84 million in FY2024 (-58.7%), $224.75 million in FY2023 (+111.4%), $106.31 million in FY2022 and -$2.67 million in FY2021.
- Five-year quarterly EBT spans a low of -$17.86 million in Q2 2025 and a high of $60.19 million in Q3 2023.
- The high point for year-over-year EBT in five years was Q4 2022 (growth of 878.4%); the low point was Q4 2024 (a decline of 65.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$15.22 million (Q1 2026), -$17.19 million (Q4 2025) and -$389,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.22 Bn | 63.98 Bn | 1.73 Bn | 1.01 Bn |
| 2 | W.W. Grainger | 62.75 Bn | 60.35 Bn | 1.98 Bn | 798.00 Mn |
| 3 | Fastenal | 59.17 Bn | 58.09 Bn | 1.06 Bn | 502.10 Mn |
| 4 | Ferguson Enterprises | 44.11 Bn | 41.33 Bn | 2.32 Bn | 560.00 Mn |
| 5 | Sunbelt Rentals Holdings | 31.43 Bn | 31.31 Bn | 1.25 Bn | 591.00 Mn |
| 6 | Reliance | 21.24 Bn | 20.28 Bn | 1.30 Bn | 429.80 Mn |
| 7 | Wesco International | 16.69 Bn | 14.01 Bn | 1.46 Bn | 272.00 Mn |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 157.79 Mn |
| 9 | Watsco | 11.49 Bn | 9.18 Bn | 578.93 Mn | 241.87 Mn |
| 10 | Target Hospitality | 1.56 Bn | 1.51 Bn | 15.80 Mn | -8.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.51 Mn |
| Mar 31, 2026 | -15.22 Mn |
| Dec 31, 2025 | -17.19 Mn |
| Sep 30, 2025 | -389,000.00 |
| Jun 30, 2025 | -17.86 Mn |
| Mar 31, 2025 | -7.78 Mn |
| Dec 31, 2024 | 16.86 Mn |
| Sep 30, 2024 | 24.18 Mn |
| Jun 30, 2024 | 25.28 Mn |
| Mar 31, 2024 | 26.53 Mn |
| Dec 31, 2023 | 48.37 Mn |
| Sep 30, 2023 | 60.19 Mn |
| Jun 30, 2023 | 60.16 Mn |
| Mar 31, 2023 | 56.04 Mn |
| Dec 31, 2022 | 44.66 Mn |
| Sep 30, 2022 | 31.05 Mn |
| Jun 30, 2022 | 29.02 Mn |
| Mar 31, 2022 | 1.58 Mn |
| Dec 31, 2021 | 4.56 Mn |
| Sep 30, 2021 | 8.34 Mn |
Target Hospitality EBT 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=ebt&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();