Target Hospitality (TH) Non-Current Deferred Tax Liability (2022 - 2026)
Target Hospitality's Non-Current Deferred Tax Liability came in at $40.13 million for Q2 2026, down 9.7% from $44.43 million a year earlier but up 0.2% from the prior quarter.
Target Hospitality (TH) Non-Current Deferred Tax Liability (2022 - 2026) Analysis & Trends
At the end of FY2025, Target Hospitality's Non-Current Deferred Tax Liability was $42.31 million, down 14.1% from FY2024.
- Non-Current Deferred Tax Liability carries a three-year compound annual growth rate of 40.8% (FY2022 to FY2025).
- Going back by year, Non-Current Deferred Tax Liability was $49.27 million in FY2024 (-7.2%), $53.07 million in FY2023 (+249.8%) and $15.17 million in FY2022.
- The five-year range for quarterly Non-Current Deferred Tax Liability is $208,000 (Q3 2022) to $54.17 million (Q2 2024).
- Year-over-year, Non-Current Deferred Tax Liability has declined for seven consecutive quarters, with an average decline of 10.0% over the last eight quarters.
- The fastest year-over-year change in Non-Current Deferred Tax Liability over five years came in Q4 2023 (growth of 249.8%), and the weakest in Q2 2025 (a decline of 18.0%).
- Business Quant data shows TH's Non-Current Deferred Tax Liability at $40.06 million (Q1 2026), $42.31 million (Q4 2025) and $44.64 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 64.00 Bn | 62.76 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 62.60 Bn | 60.20 Bn | 1.98 Bn |
| 3 | Fastenal | 59.04 Bn | 57.97 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 43.54 Bn | 40.75 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 30.90 Bn | 30.78 Bn | 1.25 Bn |
| 6 | Reliance | 21.10 Bn | 20.13 Bn | 1.30 Bn |
| 7 | Wesco International | 16.49 Bn | 13.81 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.28 Bn | 12.16 Bn | 411.22 Mn |
| 9 | Watsco | 11.33 Bn | 9.02 Bn | 578.93 Mn |
| 10 | Target Hospitality | 1.55 Bn | 1.50 Bn | 15.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.13 Mn |
| Mar 31, 2026 | 40.06 Mn |
| Dec 31, 2025 | 42.31 Mn |
| Sep 30, 2025 | 44.64 Mn |
| Jun 30, 2025 | 44.43 Mn |
| Mar 31, 2025 | 47.74 Mn |
| Dec 31, 2024 | 49.27 Mn |
| Sep 30, 2024 | 52.76 Mn |
| Jun 30, 2024 | 54.17 Mn |
| Mar 31, 2024 | 52.20 Mn |
| Dec 31, 2023 | 53.07 Mn |
| Sep 30, 2023 | 48.40 Mn |
| Jun 30, 2023 | 34.89 Mn |
| Mar 31, 2023 | 23.06 Mn |
| Dec 31, 2022 | 15.17 Mn |
| Sep 30, 2022 | 208,000.00 |
Target Hospitality Non-Current Deferred Tax Liability 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-deferred-tax-liability&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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-deferred-tax-liability&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();