Target Hospitality (TH) Liabilities and Shareholders Equity (2017 - 2026)
Target Hospitality's Liabilities and Shareholders Equity came in at $654.19 million for Q2 2026, up 22.6% from $533.71 million a year earlier and up 21.2% from the prior quarter.
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Analysis
Target Hospitality (TH) Liabilities and Shareholders Equity (2017 - 2026) Analysis & Trends
At the end of FY2025, Target Hospitality's Liabilities and Shareholders Equity was $530.21 million, down 26.9% from FY2024.
- Liabilities and Shareholders Equity carries a five-year compound annual growth rate of -0.2% (FY2020 to FY2025).
- Going back by year, Liabilities and Shareholders Equity was $725.77 million in FY2024 (+4.5%), $694.35 million in FY2023 (-10.0%), $771.73 million in FY2022 (+50.3%) and $513.39 million in FY2021 (-3.9%).
- The Q2 2026 figure represents the highest quarterly Liabilities and Shareholders Equity since Q4 2024.
- Year-over-year, Liabilities and Shareholders Equity increased in three of the last eight quarters, with an average decline of 8.4%.
- The fastest year-over-year change in Liabilities and Shareholders Equity over five years came in Q4 2022 (growth of 50.3%), and the weakest in Q4 2025 (a decline of 26.9%).
- Business Quant data shows TH's Liabilities and Shareholders Equity at $539.54 million (Q1 2026), $530.21 million (Q4 2025) and $541.16 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.14 Bn | 63.90 Bn | 1.73 Bn | 31.31 Bn |
| 2 | W.W. Grainger | 62.79 Bn | 60.39 Bn | 1.98 Bn | 9.62 Bn |
| 3 | Fastenal | 59.12 Bn | 58.05 Bn | 1.06 Bn | 5.29 Bn |
| 4 | Ferguson Enterprises | 44.04 Bn | 41.25 Bn | 2.32 Bn | 17.79 Bn |
| 5 | Sunbelt Rentals Holdings | 31.39 Bn | 31.27 Bn | 1.25 Bn | 23.61 Bn |
| 6 | Reliance | 21.24 Bn | 20.28 Bn | 1.30 Bn | 11.17 Bn |
| 7 | Wesco International | 16.59 Bn | 13.90 Bn | 1.46 Bn | 17.81 Bn |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 3.01 Bn |
| 9 | Watsco | 11.44 Bn | 9.12 Bn | 578.93 Mn | 5.08 Bn |
| 10 | Target Hospitality | 1.56 Bn | 1.51 Bn | 15.80 Mn | 654.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 654.19 Mn |
| Mar 31, 2026 | 539.54 Mn |
| Dec 31, 2025 | 530.21 Mn |
| Sep 30, 2025 | 541.16 Mn |
| Jun 30, 2025 | 533.71 Mn |
| Mar 31, 2025 | 562.52 Mn |
| Dec 31, 2024 | 725.77 Mn |
| Sep 30, 2024 | 709.79 Mn |
| Jun 30, 2024 | 697.05 Mn |
| Mar 31, 2024 | 687.17 Mn |
| Dec 31, 2023 | 694.35 Mn |
| Sep 30, 2023 | 696.52 Mn |
| Jun 30, 2023 | 665.97 Mn |
| Mar 31, 2023 | 649.62 Mn |
| Dec 31, 2022 | 771.73 Mn |
| Sep 30, 2022 | 729.70 Mn |
| Jun 30, 2022 | 546.86 Mn |
| Mar 31, 2022 | 492.54 Mn |
| Dec 31, 2021 | 513.39 Mn |
| Sep 30, 2021 | 529.96 Mn |
API Access
Target Hospitality Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();