Target Hospitality (TH) Receivables - Net (2018 - 2026)
Target Hospitality (TH) reported Receivables - Net of $45.6 million for Q1 2026, down 19.87% year-over-year from $56.9 million in Q1 2025, and down 18.8% quarter-over-quarter from $56.2 million in Q4 2025.
Target Hospitality (TH) Receivables - Net (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of Receivables - Net data on file, last reported at $45.6 million in Q1 2026.
- Receivables - Net for Q1 2026 came in at $45.6 million, down 19.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $45.6 million (down 19.87% YoY), and the FY2025 annual result was $56.2 million, up 13.9% from the prior year.
- Receivables - Net slipped to $45.6 million in Q1 2026 per TH's latest filing, from $56.2 million in the prior quarter.
- Over five years, Receivables - Net peaked at $78.3 million in Q2 2022 and troughed at $41.5 million in Q1 2022.
- A 5-year average of $52.6 million and a median of $52.8 million in 2023 frame the typical range for Receivables - Net.
- The sharpest annual moves came in 2022 and 2023: Receivables - Net surged 162.32% in 2022, then sank 31.93% in 2023.
- A 5-year view of Receivables - Net shows it stood at $42.2 million in 2022, then jumped by 59.16% to $67.1 million in 2023, then slipped by 26.46% to $49.3 million in 2024, then advanced by 13.9% to $56.2 million in 2025, then fell by 18.8% to $45.6 million in 2026.
- Business Quant data shows TH's Receivables - Net at $45.6 million in Q1 2026, $56.2 million in Q4 2025, and $42.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.63 Mn |
| Mar 31, 2026 | 45.63 Mn |
| Dec 31, 2025 | 56.20 Mn |
| Dec 31, 2025 | 56.20 Mn |
| Sep 30, 2025 | 42.73 Mn |
| Sep 30, 2025 | 42.73 Mn |
| Jun 30, 2025 | 57.44 Mn |
| Jun 30, 2025 | 57.44 Mn |
| Mar 31, 2025 | 56.95 Mn |
| Mar 31, 2025 | 56.95 Mn |
| Dec 31, 2024 | 49.34 Mn |
| Dec 31, 2024 | 49.34 Mn |
| Sep 30, 2024 | 47.29 Mn |
| Sep 30, 2024 | 47.29 Mn |
| Jun 30, 2024 | 48.74 Mn |
| Jun 30, 2024 | 48.74 Mn |
| Mar 31, 2024 | 53.84 Mn |
| Mar 31, 2024 | 53.84 Mn |
| Dec 31, 2023 | 67.09 Mn |
| Dec 31, 2023 | 67.09 Mn |