Target Hospitality (TH) Other Working Capital Changes (2018 - 2026)
On a quarterly basis, Other Working Capital Changes fell 33.93% to -$2.3 million in Q1 2026 year-over-year; TTM through Mar 2026 was -$10.3 million, a 219.1% decrease, with the full-year FY2025 number at -$9.8 million, down 130.37% from a year prior.
Target Hospitality (TH) has 9 years of Other Working Capital Changes data on record, last reported at -$2.3 million in Q1 2026.
- Other Working Capital Changes reached -$2.3 million in Q1 2026 per TH's latest filing, up from -$23.5 million in the prior quarter.
- Over the last five years, Other Working Capital Changes for TH hit a ceiling of $153.0 million in Q3 2022 and a floor of -$35.7 million in Q4 2022.
- A 5-year average of $4.2 million and a median of -$1.7 million in 2025 define the central range for Other Working Capital Changes.
- On a YoY basis, Other Working Capital Changes climbed as much as 2187.89% in 2025 and fell as far as 7956.19% in 2025.
- Tracing TH's Other Working Capital Changes over 5 years: stood at -$35.7 million in 2022, then skyrocketed by 106.96% to $2.5 million in 2023, then plummeted by 87.95% to $299000.0 in 2024, then tumbled by 7956.19% to -$23.5 million in 2025, then skyrocketed by 90.2% to -$2.3 million in 2026.
- Business Quant data shows Other Working Capital Changes for TH at -$2.3 million in Q1 2026, -$23.5 million in Q4 2025, and $17.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn |
| 10 | Target Hospitality | 1.82 Bn | 1.82 Bn | 6.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.30 Mn |
| Mar 31, 2026 | -2.30 Mn |
| Dec 31, 2025 | -23.49 Mn |
| Dec 31, 2025 | -23.49 Mn |
| Sep 30, 2025 | 17.94 Mn |
| Sep 30, 2025 | 17.94 Mn |
| Jun 30, 2025 | -2.48 Mn |
| Jun 30, 2025 | -2.48 Mn |
| Mar 31, 2025 | -1.72 Mn |
| Mar 31, 2025 | -1.72 Mn |
| Dec 31, 2024 | 299,000.00 |
| Dec 31, 2024 | 299,000.00 |
| Sep 30, 2024 | -859,000.00 |
| Sep 30, 2024 | -859,000.00 |
| Jun 30, 2024 | -962,000.00 |
| Jun 30, 2024 | -962,000.00 |
| Mar 31, 2024 | -2.71 Mn |
| Mar 31, 2024 | -2.71 Mn |
| Dec 31, 2023 | 2.48 Mn |
| Dec 31, 2023 | 2.48 Mn |
| Sep 30, 2023 | 1.19 Mn |
| Sep 30, 2023 | 1.19 Mn |
| Jun 30, 2023 | -2.12 Mn |
| Jun 30, 2023 | -2.12 Mn |
| Mar 31, 2023 | -4.63 Mn |
| Mar 31, 2023 | -4.63 Mn |
| Dec 31, 2022 | -35.66 Mn |
| Dec 31, 2022 | -35.66 Mn |
| Sep 30, 2022 | 152.96 Mn |
| Sep 30, 2022 | 152.96 Mn |
| Jun 30, 2022 | -565,000.00 |
| Jun 30, 2022 | -565,000.00 |
| Mar 31, 2022 | -25.63 Mn |
| Mar 31, 2022 | -25.63 Mn |
| Dec 31, 2021 | -33.43 Mn |
| Dec 31, 2021 | -33.43 Mn |
| Sep 30, 2021 | 21.66 Mn |
| Sep 30, 2021 | 21.66 Mn |
| Jun 30, 2021 | 28.49 Mn |
| Jun 30, 2021 | 28.49 Mn |
| Mar 31, 2021 | -676,000.00 |
| Mar 31, 2021 | -676,000.00 |
| Dec 31, 2020 | -738,000.00 |
| Dec 31, 2020 | -738,000.00 |
| Sep 30, 2020 | 942,000.00 |
| Sep 30, 2020 | 942,000.00 |
| Jun 30, 2020 | -2.79 Mn |
| Jun 30, 2020 | -2.79 Mn |
| Mar 31, 2020 | -5.24 Mn |
| Mar 31, 2020 | -5.24 Mn |
| Dec 31, 2019 | 1.41 Mn |
| Dec 31, 2019 | 1.41 Mn |
| Sep 30, 2019 | -206,000.00 |
| Sep 30, 2019 | -206,000.00 |
| Jun 30, 2019 | 3.30 Mn |
| Jun 30, 2019 | 3.30 Mn |
| Mar 31, 2019 | -3.83 Mn |
| Mar 31, 2019 | -3.83 Mn |
| Dec 31, 2018 | 18.73 Mn |
| Dec 31, 2018 | 18.73 Mn |
| Sep 30, 2018 | -11.47 Mn |
| Sep 30, 2018 | -11.47 Mn |
| Jun 30, 2018 | -6.12 Mn |
| Jun 30, 2018 | -6.12 Mn |
| Mar 31, 2018 | -778,000.00 |
| Mar 31, 2018 | -778,000.00 |