Growth Metrics

Target Hospitality (TH) Total Debt (2018 - 2026)

On a quarterly basis, Total Debt fell 26.65% to $30.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $30.0 million, a 26.65% decrease, with the full-year FY2024 number at $180.3 million, up 1.25% from a year prior.

Target Hospitality (TH) has 9 years of Total Debt data on record, last reported at $30.0 million in Q1 2026.

  • Total Debt reached $30.0 million in Q1 2026 per TH's latest filing, up from $24.0 million in the prior quarter.
  • Over the last five years, Total Debt for TH hit a ceiling of $333.3 million in Q3 2022 and a floor of $24.0 million in Q2 2025.
  • A 5-year average of $195.9 million and a median of $180.3 million in 2024 define the central range for Total Debt.
  • Peak YoY movement for Total Debt: soared 6544.52% in 2022, then tumbled 86.61% in 2025.
  • Tracing TH's Total Debt over 5 years: stood at $328.8 million in 2022, then plummeted by 45.84% to $178.1 million in 2023, then increased by 1.25% to $180.3 million in 2024, then crashed by 86.69% to $24.0 million in 2025, then increased by 25.0% to $30.0 million in 2026.
  • Business Quant data shows Total Debt for TH at $30.0 million in Q1 2026, $24.0 million in Q2 2025, and $40.9 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Relx 81.40 Bn 81.16 Bn - 7,576.63
2 Rentokil Initial 79.56 Bn 78.10 Bn - 5.57 Bn
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 2.66 Bn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn -
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 357.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn 21.99 Bn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 2.55 Bn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 6.09 Bn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 3.93 Bn
10 Target Hospitality 1.82 Bn 1.82 Bn 6.88 Mn 30.00 Mn

Historic Data

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DateValue
Mar 31, 2026 30.00 Mn
Jun 30, 2025 24.00 Mn
Mar 31, 2025 40.90 Mn
Dec 31, 2024 180.33 Mn
Sep 30, 2024 179.74 Mn
Jun 30, 2024 179.18 Mn
Mar 31, 2024 178.63 Mn
Dec 31, 2023 178.09 Mn
Sep 30, 2023 208.13 Mn
Jun 30, 2023 207.41 Mn
Mar 31, 2023 206.70 Mn
Dec 31, 2022 328.85 Mn
Sep 30, 2022 333.28 Mn
Jun 30, 2022 332.23 Mn
Mar 31, 2022 331.21 Mn
Dec 31, 2021 330.21 Mn
Sep 30, 2021 329.25 Mn
Jun 30, 2021 5.00 Mn
Mar 31, 2021 327.39 Mn
Dec 31, 2020 326.50 Mn
Sep 30, 2020 70.00 Mn
Jun 30, 2020 324.79 Mn
Mar 31, 2020 85.00 Mn
Dec 31, 2019 80.99 Mn
Sep 30, 2019 474,000.00
Jun 30, 2019 70.57 Mn
Mar 31, 2019 40.97 Mn
Dec 31, 2018 20.55 Mn