Growth Metrics

Target Hospitality (TH) Non-Current Debt (2018 - 2026)

On a quarterly basis, Non-Current Debt fell 26.65% to $30.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $30.0 million, a 26.65% decrease, with the full-year FY2023 number at $178.1 million, down 45.84% from a year prior.

Target Hospitality (TH) has 9 years of Non-Current Debt data on record, last reported at $30.0 million in Q1 2026.

  • Non-Current Debt reached $30.0 million in Q1 2026 per TH's latest filing, up from $24.0 million in the prior quarter.
  • Over the last five years, Non-Current Debt for TH hit a ceiling of $333.3 million in Q3 2022 and a floor of $24.0 million in Q2 2025.
  • A 5-year average of $197.5 million and a median of $178.6 million in 2024 define the central range for Non-Current Debt.
  • Peak YoY movement for Non-Current Debt: soared 6544.52% in 2022, then crashed 77.1% in 2025.
  • Tracing TH's Non-Current Debt over 5 years: stood at $328.8 million in 2022, then plummeted by 45.84% to $178.1 million in 2023, then grew by 0.3% to $178.6 million in 2024, then crashed by 86.56% to $24.0 million in 2025, then increased by 25.0% to $30.0 million in 2026.
  • Business Quant data shows Non-Current Debt for TH at $30.0 million in Q1 2026, $24.0 million in Q2 2025, and $40.9 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Relx 81.40 Bn 81.16 Bn - 7,576.63
2 Rentokil Initial 79.56 Bn 78.10 Bn - 4.16 Bn
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 2.43 Bn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn -
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 357.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn 20.98 Bn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 2.27 Bn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 6.06 Bn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 3.89 Bn
10 Target Hospitality 1.82 Bn 1.82 Bn 6.88 Mn 30.00 Mn

Historic Data

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DateValue
Mar 31, 2026 30.00 Mn
Mar 31, 2026 30.00 Mn
Jun 30, 2025 24.00 Mn
Jun 30, 2025 24.00 Mn
Mar 31, 2025 40.90 Mn
Mar 31, 2025 40.90 Mn
Mar 31, 2024 178.63 Mn
Mar 31, 2024 178.63 Mn
Dec 31, 2023 178.09 Mn
Dec 31, 2023 178.09 Mn
Dec 31, 2022 328.85 Mn
Dec 31, 2022 328.85 Mn
Sep 30, 2022 333.28 Mn
Sep 30, 2022 333.28 Mn
Jun 30, 2022 332.23 Mn
Jun 30, 2022 332.23 Mn
Mar 31, 2022 331.21 Mn
Mar 31, 2022 331.21 Mn
Dec 31, 2021 330.21 Mn
Dec 31, 2021 330.21 Mn
Sep 30, 2021 329.25 Mn
Sep 30, 2021 329.25 Mn
Jun 30, 2021 5.00 Mn
Jun 30, 2021 5.00 Mn
Mar 31, 2021 327.39 Mn
Mar 31, 2021 327.39 Mn
Dec 31, 2020 326.50 Mn
Dec 31, 2020 326.50 Mn
Sep 30, 2020 70.00 Mn
Sep 30, 2020 70.00 Mn
Jun 30, 2020 324.79 Mn
Jun 30, 2020 324.79 Mn
Mar 31, 2020 85.00 Mn
Mar 31, 2020 85.00 Mn
Dec 31, 2019 80.00 Mn
Dec 31, 2019 80.00 Mn
Sep 30, 2019 100,000.00
Sep 30, 2019 100,000.00
Jun 30, 2019 70.00 Mn
Jun 30, 2019 70.00 Mn
Mar 31, 2019 40.00 Mn
Mar 31, 2019 40.00 Mn
Dec 31, 2018 20.55 Mn
Dec 31, 2018 20.55 Mn