Target (TGT) Asset Utilization Ratio (2009 - 2026)
Target's (TGT) Asset Utilization Ratio came in at 1.81 for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 2.5% from 1.85 a year earlier and down 0.2% from the prior quarter.
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Analysis
Target (TGT) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Target's Asset Utilization Ratio stood at 1.79, down 5.1% from FY2025.
- Annual Asset Utilization Ratio has declined for three consecutive fiscal years.
- In prior fiscal years, Target's Asset Utilization Ratio was 1.88 in FY2025 (-4.7%), 1.98 in FY2024 (-3.0%), 2.04 in FY2023 (+0.9%) and 2.02 in FY2022 (+1.4%).
- Quarterly Asset Utilization Ratio has run from a low of 1.75 in fiscal Q4 2026 to a high of 2.09 in fiscal Q2 2023 over five years.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last 13 quarters, with an average decline of 3.8% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was fiscal Q3 2022, with growth of 8.8%; the weakest was fiscal Q1 2025, with a decline of 6.8%.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 1.81 (Q1 2027), 1.75 (Q4 2026) and 1.79 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 0.73 |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 1.56 |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 1.70 |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 1.63 |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 1.55 |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 1.81 |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 1.08 |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 1.77 |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 0.97 |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | 1.83 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 1.81 |
| May 2, 2026 | 1.81 |
| Jan 31, 2026 | 1.75 |
| Nov 1, 2025 | 1.79 |
| Aug 2, 2025 | 1.85 |
| May 3, 2025 | 1.86 |
| Feb 1, 2025 | 1.83 |
| Nov 2, 2024 | 1.88 |
| Aug 3, 2024 | 1.93 |
| May 4, 2024 | 1.93 |
| Feb 3, 2024 | 1.93 |
| Oct 28, 2023 | 1.95 |
| Jul 29, 2023 | 2.05 |
| Apr 29, 2023 | 2.07 |
| Jan 28, 2023 | 2.00 |
| Oct 29, 2022 | 2.01 |
| Jul 30, 2022 | 2.09 |
| Apr 30, 2022 | 2.04 |
| Jan 29, 2022 | 1.96 |
| Oct 30, 2021 | 1.95 |
API Access
Target Asset Utilization Ratio 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=asset-utilization-ratio&ticker=TGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();