Target Hospitality (TH) Non-Current Debt (2018 - 2026)
Target Hospitality (TH) recorded Non-Current Debt of $40 million in Q2 2026, up 66.7% from $24 million a year earlier and up 33.3% from the prior quarter.
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Analysis
Target Hospitality (TH) Non-Current Debt (2018 - 2026) Analysis & Trends
At the end of FY2023, Target Hospitality reported Non-Current Debt of $178.09 million, down 45.8% from FY2022.
- Annual Non-Current Debt has a five-year compound annual growth rate of 54.0% (FY2018 to FY2023).
- Across earlier years, Non-Current Debt came in at $328.85 million in FY2022 (-0.4%), $330.21 million in FY2021 (+1.1%), $326.5 million in FY2020 (+1.0%) and $323.26 million in FY2019.
- The Q2 2026 figure is the highest quarterly Non-Current Debt since Q1 2025.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 66.7% in Q2 2026, against a decline of 77.1% in Q1 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | 12.69 Bn |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | 2.41 Bn |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | 50.00 Mn |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | 3.98 Bn |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | 8.01 Bn |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | 1.66 Bn |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | 5.91 Bn |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 262.30 Mn |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | -1.18 Mn |
| 10 | Target Hospitality | 1.54 Bn | 1.49 Bn | 15.80 Mn | 40.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.00 Mn |
| Mar 31, 2026 | 30.00 Mn |
| Jun 30, 2025 | 24.00 Mn |
| Mar 31, 2025 | 40.90 Mn |
| Mar 31, 2024 | 178.63 Mn |
| Dec 31, 2023 | 178.09 Mn |
| Dec 31, 2022 | 328.85 Mn |
| Sep 30, 2022 | 333.28 Mn |
| Jun 30, 2022 | 353.03 Mn |
| Mar 31, 2022 | 347.21 Mn |
| Dec 31, 2021 | 330.21 Mn |
| Sep 30, 2021 | 329.25 Mn |
| Jun 30, 2021 | 333.30 Mn |
| Mar 31, 2021 | 387.39 Mn |
| Dec 31, 2020 | 374.50 Mn |
| Sep 30, 2020 | 395.63 Mn |
| Jun 30, 2020 | 409.79 Mn |
| Mar 31, 2020 | 408.97 Mn |
| Dec 31, 2019 | 403.26 Mn |
| Sep 30, 2019 | 100,000.00 |
API Access
Target Hospitality Non-Current Debt 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-debt&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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-debt&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();