Target Hospitality TH
NASDAQ TH
$20.48 +0.76 (+3.85%)
At close: Oct 1, 2026 · 4:00 PM EDT

Target Hospitality (TH) Return on Assets [ROA] (2018 - 2026)

Updated

Target Hospitality (TH) reported Return on Assets [ROA] of -6.31% for Q2 2026, down 8.36 percentage points from 2.05% a year earlier but up 1.84 percentage points from the prior quarter.

Analysis

Target Hospitality (TH) Return on Assets [ROA] (2018 - 2026) Analysis & Trends

For FY2025, Target Hospitality posted Return on Assets [ROA] of -5.90%, down 15.96 percentage points from FY2024.

  • Return on Assets [ROA] has a five-year change of -1.21 percentage points (FY2020 to FY2025).
  • By year, Return on Assets [ROA] came in at 10.06% in FY2024 (-13.64 pp), 23.70% in FY2023 (+12.19 pp), 11.51% in FY2022 (+12.38 pp) and -0.87% in FY2021 (+3.82 pp).
  • Five-year quarterly Return on Assets [ROA] spans a low of -8.15% in Q1 2026 and a high of 24.98% in Q4 2023.
  • Year over year, Return on Assets [ROA] has now declined in each of the last nine quarters, with an average year-over-year change of -14.01 percentage points over the last eight quarters.
  • The high point for year-over-year Return on Assets [ROA] in five years was Q3 2023 (a gain of 17.51 percentage points); the low point was Q4 2025 (a drop of 16.87 percentage points).
  • Per Business Quant data, the three quarters before Q2 2026 came in at -8.15% (Q1 2026), -6.92% (Q4 2025) and -1.78% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROA (Qtr)
1 W.W. Grainger 58.68 Bn 56.66 Bn 1.98 Bn 20.75%
2 Fastenal 56.84 Bn 55.76 Bn 1.06 Bn 25.74%
3 Ferguson Enterprises 43.23 Bn 40.45 Bn 2.32 Bn 11.44%
4 Sunbelt Rentals Holdings 30.01 Bn 29.89 Bn 1.25 Bn 6.70%
5 Reliance 19.64 Bn 18.69 Bn 1.30 Bn 8.16%
6 Wesco International 17.52 Bn 14.83 Bn 1.46 Bn 4.10%
7 Applied Industrial Technologies 12.22 Bn 12.09 Bn 411.22 Mn 13.82%
8 Watsco 10.77 Bn 8.93 Bn 578.93 Mn 11.52%
9 Avantor 10.19 Bn 8.98 Bn 537.00 Mn -4.97%
10 Target Hospitality 1.98 Bn 1.93 Bn 15.80 Mn -6.31%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -6.31%
Mar 31, 2026 -8.15%
Dec 31, 2025 -6.92%
Sep 30, 2025 -1.78%
Jun 30, 2025 2.05%
Mar 31, 2025 6.92%
Dec 31, 2024 9.95%
Sep 30, 2024 13.75%
Jun 30, 2024 17.65%
Mar 31, 2024 21.75%
Dec 31, 2023 24.98%
Sep 30, 2023 24.57%
Jun 30, 2023 21.41%
Mar 31, 2023 16.49%
Dec 31, 2022 9.84%
Sep 30, 2022 7.07%
Jun 30, 2022 6.30%
Mar 31, 2022 1.80%
Dec 31, 2021 -0.87%
Sep 30, 2021 -3.18%
API Access

Target Hospitality Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TH&period=max&api_key=YOUR_API_KEY