Target Hospitality (TH) Interest Expenses (2018 - 2026)
Target Hospitality's (TH) quarterly Interest Expenses came in at $730000.0 in Q2 2026, down 16.19% year-over-year from $871000.0 in Q2 2025, and up 21.46% quarter-over-quarter from $601000.0 in Q1 2026.
Analysis
Target Hospitality (TH) Interest Expenses (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Interest Expenses for 8 consecutive years, with $730000.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expenses fell 16.19% year-over-year to $730000.0 in Q2 2026; TTM through Jun 2026 was $1.8 million, a 88.81% decrease from a year earlier, with the FY2025 full-year figure at $6.8 million, down 66.35% from the prior year.
- Interest Expenses was $730000.0 for Q2 2026 at Target Hospitality, up from $601000.0 in the prior quarter.
- Over five years, Interest Expenses peaked at $8.6 million in Q3 2022 and troughed at $168000.0 in Q4 2025.
- A 5-year average of $4.7 million and a median of $5.1 million in 2023 frame the typical range for Interest Expenses.
- The widest YoY moves for Interest Expenses: up 7.4% in 2025, down 96.67% in 2025.
- Over 5 years, Interest Expenses stood at $8.3 million in 2022, then sank by 36.43% to $5.3 million in 2023, then declined by 4.38% to $5.0 million in 2024, then plunged by 96.67% to $168000.0 in 2025, then soared by 334.52% to $730000.0 in 2026.
- The last three Interest Expenses figures came in at $730000.0 (Q2 2026), $601000.0 (Q1 2026), and $168000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.92 Bn | 30.89 Bn | 978.00 Mn | - |
| 2 | Herc Holdings | 4.83 Bn | 4.79 Bn | 713.00 Mn | - |
| 3 | EquipmentShare.com | 4.78 Bn | 4.33 Bn | 411.00 Mn | 73.00 Mn |
| 4 | WillScot Holdings | 3.50 Bn | 3.50 Bn | 306.26 Mn | - |
| 5 | Mcgrath Rentcorp | 2.72 Bn | 2.72 Bn | 107.91 Mn | 7.11 Mn |
| 6 | Custom Truck One Source | 2.10 Bn | 2.09 Bn | 123.97 Mn | - |
| 7 | Target Hospitality | 1.93 Bn | 1.92 Bn | 15.80 Mn | 730,000.00 |
| 8 | NPK International | 1.14 Bn | 1.13 Bn | 30.16 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 730,000.00 |
| Mar 31, 2026 | 601,000.00 |
| Dec 31, 2025 | 168,000.00 |
| Sep 30, 2025 | 334,000.00 |
| Jun 30, 2025 | 871,000.00 |
| Mar 31, 2025 | 5.42 Mn |
| Dec 31, 2024 | 5.04 Mn |
| Sep 30, 2024 | 5.04 Mn |
| Jun 30, 2024 | 5.04 Mn |
| Mar 31, 2024 | 5.04 Mn |
| Dec 31, 2023 | 5.28 Mn |
| Sep 30, 2023 | 5.10 Mn |
| Jun 30, 2023 | 5.09 Mn |
| Mar 31, 2023 | 7.47 Mn |
| Dec 31, 2022 | 8.30 Mn |
| Sep 30, 2022 | 8.60 Mn |
| Jun 30, 2022 | 8.32 Mn |
| Mar 31, 2022 | 8.25 Mn |
| Dec 31, 2021 | 8.36 Mn |
| Sep 30, 2021 | 8.20 Mn |