Target Hospitality (TH) Total Debt (2018 - 2026)
Target Hospitality (TH) posted Total Debt of $40 million for Q2 2026, up 66.7% from $24 million a year earlier and up 33.3% from the prior quarter.
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Analysis
Target Hospitality (TH) Total Debt (2018 - 2026) Analysis & Trends
At the end of FY2024, Target Hospitality's Total Debt came in at $180.33 million, up 1.3% from FY2023.
- Annual Total Debt shows a five-year compound annual growth rate of -11.0% (FY2019 to FY2024).
- In prior years, Target Hospitality's Total Debt was $178.09 million in FY2023 (-45.8%), $328.85 million in FY2022 (-0.4%), $330.21 million in FY2021 (+1.1%) and $326.5 million in FY2020 (+1.0%).
- The Q2 2026 figure stands as the highest quarterly Total Debt since Q1 2025.
- On a year-over-year basis, Total Debt increased in two of the last six quarters, with an average decline of 22.7%.
- The strongest year-over-year quarter for Total Debt in the past five years was Q2 2026, with growth of 66.7%; the weakest was Q2 2025, with a decline of 86.6%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn | 14.23 Bn |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn | 2.41 Bn |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn | 120.00 Mn |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn | 4.13 Bn |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn | 8.56 Bn |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn | 1.66 Bn |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn | 5.94 Bn |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 262.30 Mn |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn | 119.72 Mn |
| 10 | Target Hospitality | 1.55 Bn | 1.50 Bn | 15.80 Mn | 40.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.00 Mn |
| 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 | 353.03 Mn |
| Mar 31, 2022 | 347.21 Mn |
| Dec 31, 2021 | 330.21 Mn |
| Sep 30, 2021 | 329.25 Mn |
| Jun 30, 2021 | 333.30 Mn |
| Mar 31, 2021 | 387.39 Mn |
API Access
Target Hospitality Total Debt 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=total-debt&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();