Target Hospitality (TH) EV to EBIT (2018 - 2025)
Target Hospitality's (TH) EV to EBIT came in at 283.49 for Q3 2025, compared with 4.49 a year earlier.
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Analysis
Target Hospitality (TH) EV to EBIT (2018 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, EV to EBIT at Target Hospitality was 198.55; for FY2024, it came in at 7.03, up 91.2% from FY2023.
- In prior years, Target Hospitality's EV to EBIT was 3.68 in FY2023 (-52.0%), 7.67 in FY2022 (-16.2%), 9.15 in FY2021 (-75.4%) and 37.28 in FY2020 (+259.5%).
- The Q3 2025 figure stands as the highest quarterly EV to EBIT in data going back to Q4 2018.
- On a year-over-year basis, EV to EBIT increased in three of the last seven quarters, with growth averaging 70.3%.
- The strongest year-over-year quarter for EV to EBIT in the past five years was Q2 2025, with growth of 441.6%; the weakest was Q2 2022, with a decline of 94.1%.
- According to Business Quant data, EV to EBIT for the three prior quarters was 22.44 (Q2 2025), 8.02 (Q1 2025) and 7.03 (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 65.47 Bn | 64.24 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 63.01 Bn | 60.61 Bn | 1.98 Bn |
| 3 | Fastenal | 59.38 Bn | 58.30 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 44.37 Bn | 41.59 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.60 Bn | 31.48 Bn | 1.25 Bn |
| 6 | Reliance | 21.31 Bn | 20.35 Bn | 1.30 Bn |
| 7 | Wesco International | 16.78 Bn | 14.09 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.41 Bn | 12.28 Bn | 411.22 Mn |
| 9 | Watsco | 11.54 Bn | 9.22 Bn | 578.93 Mn |
| 10 | Target Hospitality | 1.56 Bn | 1.51 Bn | 15.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 283.49 |
| Jun 30, 2025 | 22.44 |
| Mar 31, 2025 | 8.02 |
| Dec 31, 2024 | 7.03 |
| Sep 30, 2024 | 4.49 |
| Jun 30, 2024 | 4.14 |
| Mar 31, 2024 | 4.61 |
| Dec 31, 2023 | 3.68 |
| Sep 30, 2023 | 5.84 |
| Jun 30, 2023 | 5.16 |
| Mar 31, 2023 | 5.76 |
| Dec 31, 2022 | 7.67 |
| Sep 30, 2022 | 8.48 |
| Jun 30, 2022 | 6.77 |
| Mar 31, 2022 | 10.74 |
| Dec 31, 2021 | 9.15 |
| Sep 30, 2021 | 16.74 |
| Jun 30, 2021 | 114.78 |
| Dec 31, 2020 | 37.28 |
| Sep 30, 2020 | 6.31 |
API Access
Target Hospitality EV to EBIT 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=ev-to-ebit&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();