Target Hospitality (TH) Total Non-Current Liabilities (2017 - 2025)
Target Hospitality's Total Non-Current Liabilities was $281.32 million in Q2 2026, up 116.6% from $129.9 million a year earlier and up 75.6% from the prior quarter.
Powered by 
Analysis
Target Hospitality (TH) Total Non-Current Liabilities (2017 - 2025) Analysis & Trends
At the end of FY2025, Total Non-Current Liabilities at Target Hospitality came in at $138.25 million, down 54.2% from FY2024.
- Total Non-Current Liabilities has now declined for three consecutive years, with a five-year compound annual growth rate of -20.4% (FY2020 to FY2025).
- In earlier years, Total Non-Current Liabilities was $302.08 million in FY2024 (-4.0%), $314.62 million in FY2023 (-44.3%), $564.57 million in FY2022 (+36.4%) and $414.02 million in FY2021 (-4.4%).
- The Q2 2026 figure marks the highest quarterly Total Non-Current Liabilities since Q4 2024.
- Compared with a year earlier, Total Non-Current Liabilities was higher in two of the last eight quarters, with an average decline of 14.0%.
- The best year-over-year quarter for Total Non-Current Liabilities over five years was Q2 2026 (growth of 116.6%); the worst was Q2 2025 (a decline of 56.3%).
- Per Business Quant data, TH's Total Non-Current Liabilities in the three quarters before Q2 2026 was $160.19 million (Q1 2026), $138.25 million (Q4 2025) and $136.12 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.64 Bn | 64.40 Bn | 1.73 Bn | 21.88 Bn |
| 2 | W.W. Grainger | 63.05 Bn | 60.65 Bn | 1.98 Bn | - |
| 3 | Fastenal | 59.47 Bn | 58.39 Bn | 1.06 Bn | 1.21 Bn |
| 4 | Ferguson Enterprises | 44.41 Bn | 41.63 Bn | 2.32 Bn | 11.17 Bn |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn | 13.44 Bn |
| 6 | Reliance | 21.25 Bn | 20.28 Bn | 1.30 Bn | 3.67 Bn |
| 7 | Wesco International | 16.79 Bn | 14.10 Bn | 1.46 Bn | 12.26 Bn |
| 8 | Applied Industrial Technologies | 12.41 Bn | 12.28 Bn | 411.22 Mn | 874.71 Mn |
| 9 | Watsco | 11.50 Bn | 9.19 Bn | 578.93 Mn | - |
| 10 | Target Hospitality | 1.55 Bn | 1.50 Bn | 15.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 147.21 Mn |
| Dec 31, 2023 | 317.05 Mn |
| Jun 30, 2023 | 375.46 Mn |
| Mar 31, 2023 | 407.93 Mn |
| Dec 31, 2022 | 564.57 Mn |
| Sep 30, 2022 | 579.54 Mn |
| Jun 30, 2022 | 420.93 Mn |
| Mar 31, 2022 | 392.66 Mn |
| Dec 31, 2021 | 414.66 Mn |
| Sep 30, 2021 | 434.94 Mn |
| Jun 30, 2021 | 426.52 Mn |
| Mar 31, 2021 | 435.31 Mn |
| Dec 31, 2020 | 434.87 Mn |
| Dec 31, 2018 | 215.94 Mn |
| Sep 30, 2018 | 179.62 Mn |
| Jun 30, 2018 | 292.21 Mn |
| Mar 31, 2018 | 295.57 Mn |
| Dec 31, 2017 | -24.66 Mn |
API Access
Target Hospitality Total Non-Current Liabilities 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-non-current-liabilities&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "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-non-current-liabilities&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();