Target Hospitality (TH) EV to EBITDA (2019 - 2026)
Target Hospitality's (TH) quarterly EV to EBITDA came in at 271.53 in Q2 2026, down 564.72% year-over-year from 58.43 in Q2 2025, and down 321.06% quarter-over-quarter from 64.49 in Q1 2026.
Powered by 
Analysis
Target Hospitality (TH) EV to EBITDA (2019 - 2026) Analysis & Trends
Target Hospitality (TH) has reported EV to EBITDA for 8 consecutive years, with 271.53 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 564.72% year-over-year to 271.53 in Q2 2026; TTM through Jun 2026 was 52.77, a 335.16% decrease from a year earlier, with the FY2025 full-year figure at 22.7, down 423.28% from the prior year.
- EV to EBITDA was 271.53 for Q2 2026 at Target Hospitality, down from 64.49 in the prior quarter.
- Over five years, EV to EBITDA peaked at 11820.47 in Q3 2025 and troughed at 575.56 in Q1 2025.
- A 5-year average of 617.61 and a median of 20.39 in 2022 frame the typical range for EV to EBITDA.
- The widest YoY moves for EV to EBITDA: up 54801.78% in 2025, down 1917.61% in 2025.
- Over 5 years, EV to EBITDA stood at 20.79 in 2022, then decreased by 8.0% to 19.13 in 2023, then jumped by 91.94% to 36.72 in 2024, then slumped by 227.69% to 46.88 in 2025, then plunged by 479.16% to 271.53 in 2026.
- The last three EV to EBITDA figures came in at 271.53 (Q2 2026), 64.49 (Q1 2026), and 46.88 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 31.01 Bn | 30.98 Bn | 1.25 Bn |
| 2 | Herc Holdings | 4.81 Bn | 4.77 Bn | 713.00 Mn |
| 3 | EquipmentShare.com | 3.99 Bn | 3.55 Bn | 411.00 Mn |
| 4 | WillScot Holdings | 3.32 Bn | 3.32 Bn | 306.26 Mn |
| 5 | Mcgrath Rentcorp | 2.77 Bn | 2.77 Bn | 107.91 Mn |
| 6 | Custom Truck One Source | 2.19 Bn | 2.18 Bn | 123.97 Mn |
| 7 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn |
| 8 | NPK International | 997.69 Mn | 989.34 Mn | 30.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -271.53 |
| Mar 31, 2026 | -64.49 |
| Dec 31, 2025 | -46.88 |
| Sep 30, 2025 | 11,820.47 |
| Jun 30, 2025 | -40.85 |
| Mar 31, 2025 | -575.56 |
| Dec 31, 2024 | 36.72 |
| Sep 30, 2024 | 21.53 |
| Jun 30, 2024 | 24.38 |
| Mar 31, 2024 | 31.67 |
| Dec 31, 2023 | 19.13 |
| Sep 30, 2023 | 22.29 |
| Jun 30, 2023 | 19.98 |
| Mar 31, 2023 | 20.81 |
| Dec 31, 2022 | 20.79 |
| Sep 30, 2022 | 17.52 |
| Jun 30, 2022 | 14.42 |
| Mar 31, 2022 | 46.51 |
| Dec 31, 2021 | 24.69 |
| Sep 30, 2021 | 20.93 |
API Access
Target Hospitality EV to 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=ev-to-ebitda&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-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=ev-to-ebitda&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();