Target Hospitality (TH) Non Operating Interest Expenses (2018 - 2026)
Target Hospitality (TH) recorded Non Operating Interest Expenses of $730,000 in Q2 2026, down 16.2% from $871,000 a year earlier but up 21.5% from the prior quarter.
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Analysis
Target Hospitality (TH) Non Operating Interest Expenses (2018 - 2026) Analysis & Trends
On a TTM basis, Target Hospitality's Non Operating Interest Expenses came in at $1.83 million as of Jun 30, 2026, down 88.8% year-over-year; for FY2025, it came in at $6.79 million, down 66.4% from FY2024.
- Annual Non Operating Interest Expenses has declined for five straight years, with a five-year compound annual growth rate of -28.1% (FY2020 to FY2025).
- Across earlier years, Non Operating Interest Expenses came in at $20.17 million in FY2024 (-12.0%), $22.94 million in FY2023 (-31.5%), $33.46 million in FY2022 (-0.6%) and $33.67 million in FY2021 (-4.9%).
- Quarterly Non Operating Interest Expenses has ranged from $168,000 in Q4 2025 to $8.6 million in Q3 2022 over the past five years.
- On a year-over-year basis, Non Operating Interest Expenses has declined for five consecutive quarters, with an average decline of 47.0% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 7.4% in Q1 2025, against a decline of 96.7% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $601,000 (Q1 2026), $168,000 (Q4 2025) and $334,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | - |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 1.20 Mn |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | - |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | - |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | - |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | - |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | - |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 39.40 Mn |
| 10 | Target Hospitality | 1.98 Bn | 1.93 Bn | 15.80 Mn | 730,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 730,000.00 |
| Mar 31, 2026 | 601,000.00 |
| Dec 31, 2025 | 168,000.00 |
| Sep 30, 2025 | 334,000.00 |
| Jun 30, 2025 | 871,000.00 |
| Mar 31, 2025 | 5.42 Mn |
| Dec 31, 2024 | 5.04 Mn |
| Sep 30, 2024 | 5.04 Mn |
| Jun 30, 2024 | 5.04 Mn |
| Mar 31, 2024 | 5.04 Mn |
| Dec 31, 2023 | 5.28 Mn |
| Sep 30, 2023 | 5.10 Mn |
| Jun 30, 2023 | 5.09 Mn |
| Mar 31, 2023 | 7.47 Mn |
| Dec 31, 2022 | 8.30 Mn |
| Sep 30, 2022 | 8.60 Mn |
| Jun 30, 2022 | 8.32 Mn |
| Mar 31, 2022 | 8.25 Mn |
| Dec 31, 2021 | 8.36 Mn |
| Sep 30, 2021 | 8.20 Mn |
API Access
Target Hospitality Non Operating Interest Expenses 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-operating-interest-expenses&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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-operating-interest-expenses&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();