Target Hospitality (TH) Receivables (2018 - 2026)
Target Hospitality (TH) reported Receivables of $50.43 million for Q2 2026, down 12.2% from $57.44 million a year earlier but up 10.5% from the prior quarter.
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Analysis
Target Hospitality (TH) Receivables (2018 - 2026) Analysis & Trends
At the end of FY2025, Target Hospitality posted Receivables of $56.2 million, up 13.9% from FY2024.
- Receivables has a five-year compound annual growth rate of 13.8% (FY2020 to FY2025).
- By year, Receivables came in at $49.34 million in FY2024 (-26.5%), $67.09 million in FY2023 (+59.2%), $42.15 million in FY2022 (+46.5%) and $28.78 million in FY2021 (-2.1%).
- Five-year quarterly Receivables spans a low of $28.78 million in Q4 2021 and a high of $78.34 million in Q2 2022.
- Year over year, Receivables gained in three of the last eight quarters, with an average decline of 6.4%.
- The high point for year-over-year Receivables in five years was Q2 2022 (growth of 162.3%); the low point was Q2 2023 (a decline of 31.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $45.63 million (Q1 2026), $56.2 million (Q4 2025) and $42.73 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | 2.80 Bn |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | 2.83 Bn |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | 1.56 Bn |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | 3.67 Bn |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | 2.11 Bn |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | 2.21 Bn |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | 4.73 Bn |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 831.24 Mn |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | 1.06 Bn |
| 10 | Target Hospitality | 1.54 Bn | 1.49 Bn | 15.80 Mn | 50.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.43 Mn |
| Mar 31, 2026 | 45.63 Mn |
| Dec 31, 2025 | 56.20 Mn |
| Sep 30, 2025 | 42.73 Mn |
| Jun 30, 2025 | 57.44 Mn |
| Mar 31, 2025 | 56.95 Mn |
| Dec 31, 2024 | 49.34 Mn |
| Sep 30, 2024 | 47.29 Mn |
| Jun 30, 2024 | 48.74 Mn |
| Mar 31, 2024 | 53.84 Mn |
| Dec 31, 2023 | 67.09 Mn |
| Sep 30, 2023 | 59.46 Mn |
| Jun 30, 2023 | 53.33 Mn |
| Mar 31, 2023 | 52.79 Mn |
| Dec 31, 2022 | 42.15 Mn |
| Sep 30, 2022 | 41.74 Mn |
| Jun 30, 2022 | 78.34 Mn |
| Mar 31, 2022 | 41.46 Mn |
| Dec 31, 2021 | 28.78 Mn |
| Sep 30, 2021 | 33.37 Mn |
API Access
Target Hospitality Receivables 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=receivables&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();