Target Hospitality (TH) Times Interest Earned (2018 - 2026)
Target Hospitality's (TH) quarterly Times Interest Earned came in at 10.27 in Q2 2026, up 47.13% year-over-year from 6.98 in Q2 2025, and up 56.91% quarter-over-quarter from 23.83 in Q1 2026.
Target Hospitality (TH) Times Interest Earned (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Times Interest Earned for 8 consecutive years, with 10.27 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Times Interest Earned rose 47.13% year-over-year to 10.27 in Q2 2026; TTM through Jun 2026 was 21.04, a 1218.77% decrease from a year earlier, with the FY2025 full-year figure at 5.12, down 194.93% from the prior year.
- Times Interest Earned was 10.27 for Q2 2026 at Target Hospitality, up from 23.83 in the prior quarter.
- Over five years, Times Interest Earned peaked at 13.29 in Q3 2023 and troughed at 100.14 in Q4 2025.
- A 5-year average of 3.79 and a median of 5.05 in 2024 frame the typical range for Times Interest Earned.
- Across the five-year window, Times Interest Earned surged 452.74% in 2023 and slumped 11893.49% in 2026, its largest moves.
- Over 5 years, Times Interest Earned stood at 7.74 in 2022, then gained by 13.12% to 8.75 in 2023, then plunged by 52.89% to 4.12 in 2024, then sank by 2528.09% to 100.14 in 2025, then jumped by 89.75% to 10.27 in 2026.
- The last three Times Interest Earned figures came in at 10.27 (Q2 2026), 23.83 (Q1 2026), and 100.14 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | - |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | - |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 1.29 |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | - |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 7.49 |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -10.27 |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | - |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.27 |
| Mar 31, 2026 | -23.83 |
| Dec 31, 2025 | -100.14 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | -19.42 |
| Mar 31, 2025 | -0.20 |
| Dec 31, 2024 | 4.12 |
| Sep 30, 2024 | 5.55 |
| Jun 30, 2024 | 5.86 |
| Mar 31, 2024 | 6.04 |
| Dec 31, 2023 | 8.75 |
| Sep 30, 2023 | 13.29 |
| Jun 30, 2023 | 12.71 |
| Mar 31, 2023 | 8.29 |
| Dec 31, 2022 | 7.74 |
| Sep 30, 2022 | 6.97 |
| Jun 30, 2022 | 4.55 |
| Mar 31, 2022 | 1.50 |
| Dec 31, 2021 | 1.64 |
| Sep 30, 2021 | 2.03 |
Target Hospitality Times Interest Earned 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=times-interest-earned&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();