Target Hospitality (TH) Enterprise Value (2018 - 2026)
Target Hospitality (TH) reported Enterprise Value of $2.04 billion for Q2 2026, up 194.5% from $691.09 million a year earlier and up 120.4% from the prior quarter.
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Analysis
Target Hospitality (TH) Enterprise Value (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Target Hospitality's Enterprise Value came in at $1.99 billion, up 590.9% year-over-year; for FY2025, it came in at $790.83 million, up 3.3% from FY2024.
- Enterprise Value has a five-year compound annual growth rate of 38.9% (FY2020 to FY2025).
- By year, Enterprise Value came in at $765.22 million in FY2024 (-13.6%), $885.23 million in FY2023 (-33.8%), $1.34 billion in FY2022 (+293.8%) and $339.55 million in FY2021 (+122.1%).
- The Q2 2026 figure ranks as the highest quarterly Enterprise Value in data going back to Q1 2018.
- Year over year, Enterprise Value has now increased in each of the last four quarters, with growth averaging 21.1% over the last eight quarters.
- The high point for year-over-year Enterprise Value in five years was Q4 2022 (growth of 293.8%); the low point was Q3 2024 (a decline of 60.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $923.67 million (Q1 2026), $790.83 million (Q4 2025) and $815.61 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn |
| 10 | Target Hospitality | 1.54 Bn | 1.49 Bn | 15.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.04 Bn |
| Mar 31, 2026 | 923.67 Mn |
| Dec 31, 2025 | 790.83 Mn |
| Sep 30, 2025 | 815.61 Mn |
| Jun 30, 2025 | 691.09 Mn |
| Mar 31, 2025 | 619.30 Mn |
| Dec 31, 2024 | 765.22 Mn |
| Sep 30, 2024 | 602.65 Mn |
| Jun 30, 2024 | 720.46 Mn |
| Mar 31, 2024 | 963.84 Mn |
| Dec 31, 2023 | 885.23 Mn |
| Sep 30, 2023 | 1.51 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 1.29 Bn |
| Dec 31, 2022 | 1.34 Bn |
| Sep 30, 2022 | 1.05 Bn |
| Jun 30, 2022 | 545.48 Mn |
| Mar 31, 2022 | 575.80 Mn |
| Dec 31, 2021 | 339.55 Mn |
| Sep 30, 2021 | 349.21 Mn |
API Access
Target Hospitality Enterprise Value 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=enterprise-value&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();