Target Hospitality (TH) Gains from Investment Securities (2019 - 2024)
Target Hospitality (TH) posted quarterly Gains from Investment Securities of -$675000.0 for Q1 2024, up 81.81% year-over-year from -$371265.0 in Q2 2023, and up 90.69% quarter-over-quarter from -$7.3 million in Q4 2023.
Target Hospitality (TH) Gains from Investment Securities (2019 - 2024) Analysis & Trends
Target Hospitality (TH) has reported Gains from Investment Securities for 6 consecutive years, with -$675000.0 the latest figure, recorded in Q1 2024.
- In Q1 2024, Gains from Investment Securities rose 81.81% year-over-year to -$675000.0; the TTM figure through Dec 2024 stood at -$675000.0 (up 92.55% YoY), while the FY2024 annual figure was -$675000.0, up 92.55% from the prior year.
- Gains from Investment Securities advanced to -$675000.0 in Q1 2024 per TH's latest filing, from -$7.3 million in the prior quarter.
- Across five years, Gains from Investment Securities topped out at $20.0 million in Q3 2022 and bottomed at -$7.3 million in Q4 2023.
- Historically, Gains from Investment Securities has averaged $1.2 million across 5 years, with a median of -$533000.0 in 2020.
- Annual changes were most pronounced in 2020 — Gains from Investment Securities tumbled 616.56% — and 2022, when it jumped 2231.52%.
- Target Hospitality's Gains from Investment Securities stood at $106000.0 in 2020, then slumped by 602.83% to -$533000.0 in 2021, then surged by 2231.52% to $11.4 million in 2022, then plunged by 163.84% to -$7.3 million in 2023, then soared by 90.69% to -$675000.0 in 2024.
- Business Quant data shows TH's Gains from Investment Securities at -$675000.0 in Q1 2024, -$7.3 million in Q4 2023, and $2.6 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.84 Bn | 81.56 Bn | 1.48 Bn |
| 2 | Relx | 65.92 Bn | 65.74 Bn | - |
| 3 | Copart | 31.68 Bn | 28.33 Bn | 732.88 Mn |
| 4 | Global Payments | 25.34 Bn | 19.93 Bn | 2.03 Bn |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn |
| 6 | Aramark | 15.72 Bn | 15.22 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.16 Bn | 14.72 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - |
| 9 | Dolby Laboratories | 6.14 Bn | 5.47 Bn | 264.68 Mn |
| 10 | Target Hospitality | 1.79 Bn | 1.78 Bn | 15.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -675,000.00 |
| Mar 31, 2024 | -675,000.00 |
| Dec 31, 2023 | -7.25 Mn |
| Dec 31, 2023 | -7.25 Mn |
| Sep 30, 2023 | 2.58 Mn |
| Sep 30, 2023 | 2.58 Mn |
| Jun 30, 2023 | -675,000.00 |
| Jun 30, 2023 | -675,000.00 |
| Mar 31, 2023 | -3.71 Mn |
| Mar 31, 2023 | -3.71 Mn |
| Dec 31, 2022 | 11.36 Mn |
| Dec 31, 2022 | 11.36 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | -853,000.00 |
| Jun 30, 2022 | -853,000.00 |
| Mar 31, 2022 | 1.23 Mn |
| Mar 31, 2022 | 1.23 Mn |
| Dec 31, 2021 | -533,000.00 |
| Dec 31, 2021 | -533,000.00 |