Target Hospitality (TH) Interest Expenses (2018 - 2026)
Target Hospitality (TH) reported Interest Expenses of $730,000 for Q2 2026, down 16.2% from $871,000 a year earlier but up 21.5% from the prior quarter.
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Analysis
Target Hospitality (TH) Interest Expenses (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Target Hospitality's Interest Expenses came in at $1.83 million, down 88.8% year-over-year; for FY2025, it came in at $6.79 million, down 66.4% from FY2024.
- Interest Expenses has declined for five consecutive years, with a five-year compound annual growth rate of -28.1% (FY2020 to FY2025).
- By year, Interest Expenses came in at $20.17 million in FY2024 (-12.0%), $22.94 million in FY2023 (-31.5%), $33.46 million in FY2022 (-0.6%) and $33.67 million in FY2021 (-4.9%).
- Five-year quarterly Interest Expenses spans a low of $168,000 in Q4 2025 and a high of $8.6 million in Q3 2022.
- Year over year, Interest Expenses has now declined in each of the last five quarters, with an average decline of 47.0% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q1 2025 (growth of 7.4%); the low point was Q4 2025 (a decline of 96.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $601,000 (Q1 2026), $168,000 (Q4 2025) and $334,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | - |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 1.20 Mn |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | - |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | - |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | - |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | - |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | - |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 39.40 Mn |
| 10 | Target Hospitality | 1.94 Bn | 1.88 Bn | 15.80 Mn | 730,000.00 |
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 |
API Access
Target Hospitality Interest Expenses 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=interest-expenses&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();