Growth Metrics

Target (TGT) Asset Utilization Ratio (2016 - 2026)

Target filings provide 18 years of Asset Utilization Ratio readings, the most recent being 1.75 for Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 4.29% to 1.75 in Q1 2026 year-over-year; TTM through Jan 2026 was 1.75, a 4.29% decrease, with the full-year FY2026 number at 1.79, down 5.14% from a year prior.
  • Asset Utilization Ratio hit 1.75 in Q1 2026 for Target, down from 1.79 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 2.09 in Q3 2022 to a low of 1.75 in Q1 2026.
  • Median Asset Utilization Ratio over the past 5 years was 1.93 (2024), compared with a mean of 1.94.
  • Biggest five-year swings in Asset Utilization Ratio: increased 6.69% in 2022 and later dropped 6.83% in 2024.
  • Target's Asset Utilization Ratio stood at 2.01 in 2022, then decreased by 2.9% to 1.95 in 2023, then dropped by 3.84% to 1.88 in 2024, then decreased by 4.92% to 1.79 in 2025, then fell by 1.8% to 1.75 in 2026.
  • The last three reported values for Asset Utilization Ratio were 1.75 (Q1 2026), 1.79 (Q4 2025), and 1.85 (Q3 2025) per Business Quant data.