Target Hospitality (TH) Non-Current Assets (2017 - 2026)
Target Hospitality's Non-Current Assets came in at $590.32 million for Q2 2026, up 31.0% from $450.67 million a year earlier and up 22.7% from the prior quarter.
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Analysis
Target Hospitality (TH) Non-Current Assets (2017 - 2026) Analysis & Trends
At the end of FY2025, Target Hospitality's Non-Current Assets was $456.87 million, down 4.1% from FY2024.
- Non-Current Assets has declined in each of the last three years, with a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- Going back by year, Non-Current Assets was $476.44 million in FY2024 (-7.3%), $513.85 million in FY2023 (-4.0%), $535.35 million in FY2022 (+18.2%) and $452.86 million in FY2021 (-7.7%).
- The Q2 2026 figure represents the highest quarterly Non-Current Assets in data going back to Q4 2017.
- Year-over-year, Non-Current Assets increased in two of the last eight quarters, with an average decline of 0.5%.
- The fastest year-over-year change in Non-Current Assets over five years came in Q2 2026 (growth of 31.0%), and the weakest in Q2 2024 (a decline of 8.9%).
- Business Quant data shows TH's Non-Current Assets at $480.93 million (Q1 2026), $456.87 million (Q4 2025) and $461.71 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | 27.72 Bn |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | 3.62 Bn |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | 1.61 Bn |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | 7.62 Bn |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | 21.04 Bn |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | 6.24 Bn |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | 7.06 Bn |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 1.43 Bn |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | 1.63 Bn |
| 10 | Target Hospitality | 1.54 Bn | 1.49 Bn | 15.80 Mn | 590.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 590.32 Mn |
| Mar 31, 2026 | 480.93 Mn |
| Dec 31, 2025 | 456.87 Mn |
| Sep 30, 2025 | 461.71 Mn |
| Jun 30, 2025 | 450.67 Mn |
| Mar 31, 2025 | 462.93 Mn |
| Dec 31, 2024 | 476.44 Mn |
| Sep 30, 2024 | 478.41 Mn |
| Jun 30, 2024 | 488.22 Mn |
| Mar 31, 2024 | 501.10 Mn |
| Dec 31, 2023 | 513.85 Mn |
| Sep 30, 2023 | 524.97 Mn |
| Jun 30, 2023 | 536.13 Mn |
| Mar 31, 2023 | 546.47 Mn |
| Dec 31, 2022 | 535.35 Mn |
| Sep 30, 2022 | 501.89 Mn |
| Jun 30, 2022 | 452.64 Mn |
| Mar 31, 2022 | 437.96 Mn |
| Dec 31, 2021 | 452.86 Mn |
| Sep 30, 2021 | 460.18 Mn |
API Access
Target Hospitality Non-Current Assets 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=non-current-assets&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();