Target Hospitality (TH) Invested Capital (2017 - 2026)
Target Hospitality (TH) reported Invested Capital of $380.1 million for Q1 2026, down 8.46% year-over-year from $415.3 million in Q1 2025, and down 3.29% quarter-over-quarter from $393.1 million in Q4 2025.
Target Hospitality (TH) Invested Capital (2017 - 2026) Analysis & Trends
Target Hospitality (TH) has 10 years of Invested Capital data on file, last reported at $380.1 million in Q1 2026.
- Invested Capital for Q1 2026 came in at $380.1 million, down 8.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $380.1 million (down 8.46% YoY), and the FY2025 annual result was $393.1 million, down 7.38% from the prior year.
- Invested Capital retreated to $380.1 million in Q1 2026 per TH's latest filing, from $393.1 million in the prior quarter.
- Over five years, Invested Capital peaked at $558.8 million in Q4 2023 and troughed at $99.9 million in Q1 2022.
- A 5-year average of $393.7 million and a median of $406.4 million in 2025 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2023: Invested Capital jumped 442.56% in 2022, then sank 36.98% in 2023.
- A 5-year view of Invested Capital shows it stood at $535.3 million in 2022, then gained by 4.37% to $558.8 million in 2023, then fell by 24.05% to $424.4 million in 2024, then declined by 7.38% to $393.1 million in 2025, then fell by 3.29% to $380.1 million in 2026.
- Business Quant data shows TH's Invested Capital at $380.1 million in Q1 2026, $393.1 million in Q4 2025, and $406.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 7.22 Bn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 8.77 Bn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 7.94 Bn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 1.34 Bn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 46.49 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 4.43 Bn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | 12.81 Bn |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 8.63 Bn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 2.62 Bn |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn | 380.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 380.12 Mn |
| Dec 31, 2025 | 393.06 Mn |
| Sep 30, 2025 | 406.45 Mn |
| Jun 30, 2025 | 405.89 Mn |
| Mar 31, 2025 | 415.27 Mn |
| Dec 31, 2024 | 424.39 Mn |
| Sep 30, 2024 | 420.18 Mn |
| Jun 30, 2024 | 399.79 Mn |
| Mar 31, 2024 | 556.98 Mn |
| Dec 31, 2023 | 558.75 Mn |
| Sep 30, 2023 | 340.62 Mn |
| Jun 30, 2023 | 292.72 Mn |
| Mar 31, 2023 | 451.11 Mn |
| Dec 31, 2022 | 535.35 Mn |
| Sep 30, 2022 | 147.12 Mn |
| Jun 30, 2022 | 464.53 Mn |
| Mar 31, 2022 | 99.91 Mn |
| Dec 31, 2021 | 98.67 Mn |
| Sep 30, 2021 | 93.55 Mn |
| Jun 30, 2021 | 86.60 Mn |