Target Hospitality (TH) Non-Current Debt (2018 - 2026)
Target Hospitality's (TH) quarterly Non-Current Debt came in at $40.0 million in Q2 2026, up 66.67% year-over-year from $24.0 million in Q2 2025, and up 33.33% quarter-over-quarter from $30.0 million in Q1 2026.
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Analysis
Target Hospitality (TH) Non-Current Debt (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Non-Current Debt for 9 consecutive years, with $40.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Non-Current Debt rose 66.67% year-over-year to $40.0 million in Q2 2026; TTM through Jun 2026 was $40.0 million, a 66.67% increase from a year earlier, with the FY2023 full-year figure at $178.1 million, down 45.84% from the prior year.
- Non-Current Debt was $40.0 million for Q2 2026 at Target Hospitality, up from $30.0 million in the prior quarter.
- Over five years, Non-Current Debt peaked at $333.3 million in Q3 2022 and troughed at $24.0 million in Q2 2025.
- A 5-year average of $188.1 million and a median of $209.5 million in 2023 frame the typical range for Non-Current Debt.
- Across the five-year window, Non-Current Debt plunged 77.1% in 2025 and soared 66.67% in 2026, its largest moves.
- Over 5 years, Non-Current Debt stood at $328.8 million in 2022, then plunged by 45.84% to $178.1 million in 2023, then rose by 0.3% to $178.6 million in 2024, then sank by 86.56% to $24.0 million in 2025, then jumped by 66.67% to $40.0 million in 2026.
- The last three Non-Current Debt figures came in at $40.0 million (Q2 2026), $30.0 million (Q1 2026), and $24.0 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 8.56 Bn |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 7.89 Bn |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 3.64 Bn |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 3.46 Bn |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 589.90 Mn |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | 40.00 Mn |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | 1.66 Bn |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 10.57 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 |
| Sep 30, 2023 | 209.50 Mn |
| Jun 30, 2023 | 209.50 Mn |
| Mar 31, 2023 | 209.50 Mn |
| Dec 31, 2022 | 328.85 Mn |
| Sep 30, 2022 | 333.28 Mn |
| Jun 30, 2022 | 332.23 Mn |
| Mar 31, 2022 | 331.21 Mn |
| Dec 31, 2021 | 330.21 Mn |
| Sep 30, 2021 | 329.25 Mn |
| Jun 30, 2021 | 328.30 Mn |
| Mar 31, 2021 | 327.39 Mn |
| Dec 31, 2020 | 326.50 Mn |
| Sep 30, 2020 | 325.63 Mn |
| Jun 30, 2020 | 324.79 Mn |
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();