Target Hospitality (TH) Return on Equity [ROE] (2018 - 2026)
Target Hospitality's Return on Equity [ROE] was -10.08% in Q2 2026, down 12.84 percentage points from 2.76% a year earlier but up 1.30 percentage points from the prior quarter.
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Analysis
Target Hospitality (TH) Return on Equity [ROE] (2018 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Target Hospitality came in at -9.15%, down 27.04 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of +13.72 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 17.89% in FY2024 (-42.20 pp), 60.09% in FY2023 (+10.48 pp), 49.60% in FY2022 (+54.27 pp) and -4.67% in FY2021 (+18.20 pp).
- Quarterly Return on Equity [ROE] has moved between -18.50% (Q3 2021) and 53.27% (Q3 2023) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for ten straight quarters, with an average year-over-year change of -25.82 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q2 2022 (a gain of 65.12 percentage points); the worst was Q4 2024 (a drop of 31.52 percentage points).
- Per Business Quant data, TH's Return on Equity [ROE] in the three quarters before Q2 2026 was -11.38% (Q1 2026), -9.37% (Q4 2025) and -2.39% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 44.74% |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 33.56% |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 34.02% |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 20.69% |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 12.32% |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 13.82% |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 22.28% |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 16.76% |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | -10.30% |
| 10 | Target Hospitality | 1.98 Bn | 1.93 Bn | 15.80 Mn | -10.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.08% |
| Mar 31, 2026 | -11.38% |
| Dec 31, 2025 | -9.37% |
| Sep 30, 2025 | -2.39% |
| Jun 30, 2025 | 2.76% |
| Mar 31, 2025 | 10.66% |
| Dec 31, 2024 | 17.03% |
| Sep 30, 2024 | 23.74% |
| Jun 30, 2024 | 31.63% |
| Mar 31, 2024 | 39.92% |
| Dec 31, 2023 | 48.55% |
| Sep 30, 2023 | 53.27% |
| Jun 30, 2023 | 52.96% |
| Mar 31, 2023 | 52.99% |
| Dec 31, 2022 | 42.65% |
| Sep 30, 2022 | 33.41% |
| Jun 30, 2022 | 29.38% |
| Mar 31, 2022 | 9.25% |
| Dec 31, 2021 | -4.76% |
| Sep 30, 2021 | -18.50% |
API Access
Target Hospitality Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();