Target Hospitality (TH) Gross Profit (2018 - 2026)
Target Hospitality's Gross Profit came in at $15.8 million for Q2 2026, compared with -$328,000 a year earlier and up 129.5% from the prior quarter.
Target Hospitality (TH) Gross Profit (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Target Hospitality reported Gross Profit of $47.7 million, down 52.2% year-over-year; for FY2025, it was $42.66 million, down 76.1% from FY2024.
- Gross Profit carries a five-year compound annual growth rate of -5.7% (FY2020 to FY2025).
- Going back by year, Gross Profit was $178.18 million in FY2024 (-43.1%), $313.32 million in FY2023 (+26.8%), $247.13 million in FY2022 (+143.8%) and $101.35 million in FY2021 (+77.3%).
- The five-year range for quarterly Gross Profit is -$328,000 (Q2 2025) to $86.76 million (Q3 2023).
- The fastest year-over-year change in Gross Profit over five years came in Q1 2023 (growth of 193.6%), and the weakest in Q4 2025 (a decline of 80.9%).
- Business Quant data shows TH's Gross Profit at $6.88 million (Q1 2026), $7.08 million (Q4 2025) and $17.95 million (Q3 2025) in the three quarters before Q2 2026.
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.80 Mn |
| Mar 31, 2026 | 6.88 Mn |
| Dec 31, 2025 | 7.08 Mn |
| Sep 30, 2025 | 17.95 Mn |
| Jun 30, 2025 | -328,000.00 |
| Mar 31, 2025 | 17.96 Mn |
| Dec 31, 2024 | 37.03 Mn |
| Sep 30, 2024 | 45.21 Mn |
| Jun 30, 2024 | 46.87 Mn |
| Mar 31, 2024 | 49.07 Mn |
| Dec 31, 2023 | 62.24 Mn |
| Sep 30, 2023 | 86.76 Mn |
| Jun 30, 2023 | 82.37 Mn |
| Mar 31, 2023 | 81.96 Mn |
| Dec 31, 2022 | 83.90 Mn |
| Sep 30, 2022 | 82.77 Mn |
| Jun 30, 2022 | 52.55 Mn |
| Mar 31, 2022 | 27.92 Mn |
| Dec 31, 2021 | 29.21 Mn |
| Sep 30, 2021 | 33.61 Mn |
Target Hospitality Gross Profit 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=gross-profit&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();