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
DateValue
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