Target Hospitality (TH) Return on Assets [ROA] (2018 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();