Target Hospitality (TH) Shares Outstanding (Diluted) (2019 - 2026)
Target Hospitality (TH) reported Shares Outstanding (Diluted) of 100.21 million for Q2 2026, up 0.8% from 99.4 million a year earlier and up 0.3% from the prior quarter.
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Analysis
Target Hospitality (TH) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Target Hospitality posted Shares Outstanding (Diluted) of 99.52 million, down 1.9% from FY2024.
- Shares Outstanding (Diluted) has a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 101.43 million in FY2024 (-3.7%), 105.32 million in FY2023 (+5.3%), 100.06 million in FY2022 (+3.6%) and 96.61 million in FY2021 (+0.6%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding (Diluted) since Q4 2024.
- Year over year, Shares Outstanding (Diluted) gained in two of the last eight quarters, with an average decline of 1.8%.
- The high point for year-over-year Shares Outstanding (Diluted) in five years was Q1 2023 (growth of 9.6%); the low point was Q4 2024 (a decline of 3.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 99.93 million (Q1 2026), 99.52 million (Q4 2025) and 99.78 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 47.20 Mn |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 1.15 Bn |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 194.80 Mn |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 411.31 Mn |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 51.38 Mn |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 49.40 Mn |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 37.86 Mn |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 38.19 Mn |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 677.20 Mn |
| 10 | Target Hospitality | 1.98 Bn | 1.93 Bn | 15.80 Mn | 100.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 100.21 Mn |
| Mar 31, 2026 | 99.93 Mn |
| Dec 31, 2025 | 99.52 Mn |
| Sep 30, 2025 | 99.78 Mn |
| Jun 30, 2025 | 99.40 Mn |
| Mar 31, 2025 | 99.11 Mn |
| Dec 31, 2024 | 101.43 Mn |
| Sep 30, 2024 | 101.30 Mn |
| Jun 30, 2024 | 101.25 Mn |
| Mar 31, 2024 | 102.36 Mn |
| Dec 31, 2023 | 105.32 Mn |
| Sep 30, 2023 | 105.09 Mn |
| Jun 30, 2023 | 105.05 Mn |
| Mar 31, 2023 | 106.26 Mn |
| Dec 31, 2022 | 100.06 Mn |
| Sep 30, 2022 | 97.24 Mn |
| Jun 30, 2022 | 97.08 Mn |
| Mar 31, 2022 | 96.94 Mn |
| Dec 31, 2021 | 96.61 Mn |
| Sep 30, 2021 | 96.81 Mn |
API Access
Target Hospitality Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();