Target Hospitality (TH) Net Long-Term Debt Issued (Repaid) (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.
Powered by 
Analysis
Target Hospitality (TH) Net Long-Term Debt Issued (Repaid) (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) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 67.67 Bn | 65.03 Bn | 2.01 Bn | -3.00 Mn |
| 2 | United Rentals | 65.48 Bn | 64.60 Bn | 2.05 Bn | 388.00 Mn |
| 3 | Fastenal | 60.80 Bn | 59.80 Bn | 1.10 Bn | -20.00 Mn |
| 4 | Ferguson Enterprises | 45.51 Bn | 42.73 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 31.50 Bn | 31.38 Bn | 1.25 Bn | 980.00 Mn |
| 6 | Reliance | 21.26 Bn | 20.31 Bn | 1.45 Bn | -25.00 Mn |
| 7 | Wesco International | 14.25 Bn | 11.29 Bn | 1.57 Bn | 72.70 Mn |
| 8 | Watsco | 11.59 Bn | 9.28 Bn | 578.93 Mn | -1.18 Mn |
| 9 | Avantor | 10.49 Bn | 9.07 Bn | 534.80 Mn | -63.10 Mn |
| 10 | Target Hospitality | 1.14 Bn | 1.09 Bn | 15.80 Mn | 9.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.31 Mn |
| Mar 31, 2026 | 29.49 Mn |
| Dec 31, 2025 | -537,000.00 |
| Sep 30, 2025 | -24.62 Mn |
| Jun 30, 2025 | -17.58 Mn |
| Mar 31, 2025 | -141.06 Mn |
| Dec 31, 2024 | -472,000.00 |
| Sep 30, 2024 | -399,000.00 |
| Jun 30, 2024 | -417,000.00 |
| Mar 31, 2024 | -407,000.00 |
| Dec 31, 2023 | -28.42 Mn |
| Sep 30, 2023 | -336,000.00 |
| Jun 30, 2023 | -345,000.00 |
| Mar 31, 2023 | -125.36 Mn |
| Dec 31, 2022 | -6.07 Mn |
| Sep 30, 2022 | -20.95 Mn |
| Jun 30, 2022 | 4.67 Mn |
| Mar 31, 2022 | 15.83 Mn |
| Dec 31, 2021 | -479,000.00 |
| Sep 30, 2021 | -6.00 Mn |
API Access
Target Hospitality Net Long-Term Debt Issued (Repaid) 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();