Target Hospitality (TH) Goodwill & Intangibles (2017 - 2026)
Target Hospitality (TH) reported Goodwill & Intangibles of $73.64 million for Q2 2026, down 15.5% from $87.11 million a year earlier and down 4.4% from the prior quarter.
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Analysis
Target Hospitality (TH) Goodwill & Intangibles (2017 - 2026) Analysis & Trends
At the end of FY2025, Target Hospitality posted Goodwill & Intangibles of $80.37 million, down 14.4% from FY2024.
- Goodwill & Intangibles has declined for seven consecutive years, with a five-year compound annual growth rate of -11.0% (FY2020 to FY2025).
- By year, Goodwill & Intangibles came in at $93.85 million in FY2024 (-12.6%), $107.32 million in FY2023 (-7.7%), $116.22 million in FY2022 (-10.3%) and $129.52 million in FY2021 (-10.2%).
- The Q2 2026 figure ranks as the lowest quarterly Goodwill & Intangibles since Q4 2017.
- Year over year, Goodwill & Intangibles has now declined in each of the last 27 quarters, with an average decline of 13.7% over the last eight quarters.
- Across the past five years, year-over-year decline in Goodwill & Intangibles ran from 6.7% in Q1 2023 to 15.5% in Q2 2026.
- Per Business Quant data, the three quarters before Q2 2026 came in at $77.01 million (Q1 2026), $80.37 million (Q4 2025) and $83.74 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 68.86 Bn | 67.98 Bn | 2.05 Bn |
| 2 | W.W. Grainger | 64.05 Bn | 61.64 Bn | 1.98 Bn |
| 3 | Fastenal | 60.38 Bn | 59.38 Bn | 1.10 Bn |
| 4 | Ferguson Enterprises | 44.23 Bn | 41.45 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 32.21 Bn | 32.09 Bn | 1.25 Bn |
| 6 | Reliance | 21.26 Bn | 20.30 Bn | 1.30 Bn |
| 7 | Wesco International | 15.74 Bn | 13.06 Bn | 1.46 Bn |
| 8 | Watsco | 12.52 Bn | 10.20 Bn | 578.93 Mn |
| 9 | Applied Industrial Technologies | 11.94 Bn | 11.81 Bn | 411.22 Mn |
| 10 | Target Hospitality | 1.38 Bn | 1.33 Bn | 15.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.64 Mn |
| Mar 31, 2026 | 77.01 Mn |
| Dec 31, 2025 | 80.37 Mn |
| Sep 30, 2025 | 83.74 Mn |
| Jun 30, 2025 | 87.11 Mn |
| Mar 31, 2025 | 90.48 Mn |
| Dec 31, 2024 | 93.85 Mn |
| Sep 30, 2024 | 97.22 Mn |
| Jun 30, 2024 | 100.59 Mn |
| Mar 31, 2024 | 103.96 Mn |
| Dec 31, 2023 | 107.32 Mn |
| Sep 30, 2023 | 110.69 Mn |
| Jun 30, 2023 | 114.06 Mn |
| Mar 31, 2023 | 117.43 Mn |
| Dec 31, 2022 | 116.22 Mn |
| Sep 30, 2022 | 119.44 Mn |
| Jun 30, 2022 | 122.67 Mn |
| Mar 31, 2022 | 125.89 Mn |
| Dec 31, 2021 | 129.52 Mn |
| Sep 30, 2021 | 133.19 Mn |
API Access
Target Hospitality Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();