Target Hospitality (TH) Prepaid Assets (2018 - 2026)
Target Hospitality's Prepaid Assets was $7.37 million in Q2 2026, up 15.7% from $6.38 million a year earlier but down 1.8% from the prior quarter.
Target Hospitality (TH) Prepaid Assets (2018 - 2026) Analysis & Trends
At the end of FY2025, Prepaid Assets at Target Hospitality came in at $8.79 million, down 5.7% from FY2024.
- Prepaid Assets has now declined for three consecutive years, though with a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- In earlier years, Prepaid Assets was $9.33 million in FY2024 (-1.6%), $9.48 million in FY2023 (-24.5%), $12.55 million in FY2022 (+50.3%) and $8.35 million in FY2021 (+16.1%).
- Quarterly Prepaid Assets has moved between $5.77 million (Q3 2021) and $12.55 million (Q4 2022) over five years.
- Compared with a year earlier, Prepaid Assets was higher in three of the last eight quarters, with growth averaging 0.5%.
- The best year-over-year quarter for Prepaid Assets over five years was Q3 2022 (growth of 57.6%); the worst was Q4 2023 (a decline of 24.5%).
- Per Business Quant data, TH's Prepaid Assets in the three quarters before Q2 2026 was $7.51 million (Q1 2026), $8.79 million (Q4 2025) and $6.32 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn |
| 10 | Target Hospitality | 1.54 Bn | 1.49 Bn | 15.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.37 Mn |
| Mar 31, 2026 | 7.51 Mn |
| Dec 31, 2025 | 8.79 Mn |
| Sep 30, 2025 | 6.32 Mn |
| Jun 30, 2025 | 6.38 Mn |
| Mar 31, 2025 | 8.17 Mn |
| Dec 31, 2024 | 9.33 Mn |
| Sep 30, 2024 | 6.34 Mn |
| Jun 30, 2024 | 5.80 Mn |
| Mar 31, 2024 | 7.93 Mn |
| Dec 31, 2023 | 9.48 Mn |
| Sep 30, 2023 | 6.99 Mn |
| Jun 30, 2023 | 6.94 Mn |
| Mar 31, 2023 | 7.93 Mn |
| Dec 31, 2022 | 12.55 Mn |
| Sep 30, 2022 | 9.09 Mn |
| Jun 30, 2022 | 6.18 Mn |
| Mar 31, 2022 | 7.29 Mn |
| Dec 31, 2021 | 8.35 Mn |
| Sep 30, 2021 | 5.77 Mn |
Target Hospitality Prepaid Assets 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=prepaid-assets&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();