Target Hospitality TH
NASDAQ TH
$21.28 +0.09 (+0.42%)
At close: Sep 21, 2026 · 4:00 PM EDT

Target Hospitality (TH) Invested Capital (2018 - 2026)

Target Hospitality's (TH) quarterly Invested Capital came in at $410.1 million in Q2 2026, down 3.55% year-over-year from $425.2 million in Q2 2025, and up 0.86% quarter-over-quarter from $406.6 million in Q1 2026.

Analysis

Target Hospitality (TH) Invested Capital (2018 - 2026) Analysis & Trends

Target Hospitality (TH) has reported Invested Capital for 9 consecutive years, with $410.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Invested Capital fell 3.55% year-over-year to $410.1 million in Q2 2026; TTM through Jun 2026 was $410.1 million, a 3.55% decrease from a year earlier, with the FY2025 full-year figure at $389.3 million, down 35.28% from the prior year.
  • Invested Capital was $410.1 million for Q2 2026 at Target Hospitality, up from $406.6 million in the prior quarter.
  • Over five years, Invested Capital peaked at $755.9 million in Q3 2023 and troughed at $389.3 million in Q4 2025.
  • A 5-year average of $528.7 million and a median of $529.7 million in 2022 frame the typical range for Invested Capital.
  • Across the five-year window, Invested Capital jumped 57.84% in 2023 and plunged 35.28% in 2025, its largest moves.
  • Over 5 years, Invested Capital stood at $529.7 million in 2022, then advanced by 4.85% to $555.4 million in 2023, then increased by 8.29% to $601.4 million in 2024, then plunged by 35.28% to $389.3 million in 2025, then grew by 5.36% to $410.1 million in 2026.
  • The last three Invested Capital figures came in at $410.1 million (Q2 2026), $406.6 million (Q1 2026), and $389.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Sunbelt Rentals Holdings 30.16 Bn 30.13 Bn 1.25 Bn 16.55 Bn
2 Herc Holdings 4.52 Bn 4.48 Bn 713.00 Mn 9.81 Bn
3 EquipmentShare.com 3.88 Bn 3.43 Bn 411.00 Mn 4.85 Bn
4 WillScot Holdings 3.29 Bn 3.29 Bn 306.26 Mn 4.41 Bn
5 Mcgrath Rentcorp 2.71 Bn 2.71 Bn 107.91 Mn 1.84 Bn
6 Target Hospitality 2.13 Bn 2.12 Bn 15.80 Mn 410.11 Mn
7 Custom Truck One Source 2.12 Bn 2.11 Bn 123.97 Mn 2.48 Bn
8 NPK International 1.08 Bn 1.07 Bn 30.16 Mn 387.13 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 410.11 Mn
Mar 31, 2026 406.62 Mn
Dec 31, 2025 389.26 Mn
Jun 30, 2025 425.19 Mn
Mar 31, 2025 456.17 Mn
Dec 31, 2024 601.42 Mn
Sep 30, 2024 597.38 Mn
Jun 30, 2024 576.34 Mn
Mar 31, 2024 554.16 Mn
Dec 31, 2023 555.40 Mn
Sep 30, 2023 755.90 Mn
Jun 30, 2023 707.23 Mn
Mar 31, 2023 657.82 Mn
Dec 31, 2022 529.70 Mn
Sep 30, 2022 478.89 Mn
Jun 30, 2022 456.75 Mn
Mar 31, 2022 429.51 Mn
Dec 31, 2021 427.48 Mn
Sep 30, 2021 422.69 Mn
Jun 30, 2021 414.50 Mn
API Access

Target Hospitality Invested Capital 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=invested-capital&ticker=TH&period=max&api_key=YOUR_API_KEY