Target Hospitality (TH) Return on Invested Capital [ROIC] (2019 - 2026)
Target Hospitality (TH) reported Return on Invested Capital [ROIC] of -8.62% for Q2 2026, down 13.72 percentage points from 5.10% a year earlier.
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Analysis
Target Hospitality (TH) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2024, Target Hospitality posted Return on Invested Capital [ROIC] of 14.47%, down 19.80 percentage points from FY2023.
- Return on Invested Capital [ROIC] has a five-year change of +7.25 percentage points (FY2019 to FY2024).
- By year, Return on Invested Capital [ROIC] came in at 34.26% in FY2023 (+8.93 pp), 25.33% in FY2022 (+16.63 pp), 8.70% in FY2021 (+7.99 pp) and 0.70% in FY2020 (-6.51 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2019.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2023 (a gain of 25.24 percentage points); the low point was Q4 2024 (a drop of 19.79 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 67.37 Bn | 66.13 Bn | 1.73 Bn | 13.51% |
| 2 | W.W. Grainger | 60.32 Bn | 58.30 Bn | 1.98 Bn | 29.62% |
| 3 | Fastenal | 58.24 Bn | 57.16 Bn | 1.06 Bn | 32.56% |
| 4 | Ferguson Enterprises | 43.34 Bn | 40.56 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 31.62 Bn | 31.50 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 20.43 Bn | 19.48 Bn | 1.30 Bn | 10.47% |
| 7 | Wesco International | 18.60 Bn | 15.91 Bn | 1.46 Bn | 9.33% |
| 8 | Applied Industrial Technologies | 12.64 Bn | 12.52 Bn | 411.22 Mn | 19.24% |
| 9 | Watsco | 10.59 Bn | 8.75 Bn | 578.93 Mn | 14.94% |
| 10 | Target Hospitality | 1.89 Bn | 1.84 Bn | 15.80 Mn | -8.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.62% |
| Jun 30, 2025 | 5.10% |
| Mar 31, 2025 | 11.12% |
| Dec 31, 2024 | 13.95% |
| Sep 30, 2024 | 17.76% |
| Jun 30, 2024 | 23.43% |
| Mar 31, 2024 | 29.00% |
| Dec 31, 2023 | 33.75% |
| Sep 30, 2023 | 37.52% |
| Jun 30, 2023 | 38.93% |
| Mar 31, 2023 | 33.39% |
| Dec 31, 2022 | 24.03% |
| Sep 30, 2022 | 18.04% |
| Jun 30, 2022 | 13.68% |
| Mar 31, 2022 | 8.37% |
| Dec 31, 2021 | 8.73% |
| Sep 30, 2021 | 4.18% |
| Jun 30, 2021 | 0.62% |
| Mar 31, 2021 | -2.72% |
| Dec 31, 2020 | 0.71% |
API Access
Target Hospitality Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();