Target (TGT) Asset Utilization Ratio (2009 - 2026)
Target (TGT) reported Asset Utilization Ratio of 1.81 for Q2 2026, down 2.56% on a YoY basis from 1.86 in Q2 2025, and up 3.24% quarter-over-quarter from 1.75 in Q1 2026.
Target (TGT) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Target has reported Asset Utilization Ratio for 18 years, with the latest figure at 1.81 in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 2.56% year-over-year to 1.81; the trailing twelve-month figure through May 2026 stood at 1.81 (down 2.56% YoY), and the FY2026 full-year result was 1.79, down 5.14% from the prior year.
- Asset Utilization Ratio for Q2 2026 stood at 1.81, up from 1.75 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 2.09 in Q3 2022, with the low at 1.75 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 1.93 across 5 years, with a median of 1.93 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio rose 6.69% — and 2024, when it declined 6.83%.
- Target's Asset Utilization Ratio stood at 2.01 in 2022, then slipped by 2.9% to 1.95 in 2023, then declined by 3.84% to 1.88 in 2024, then fell by 4.92% to 1.79 in 2025, then grew by 1.37% to 1.81 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.81 (Q2 2026), 1.75 (Q1 2026), and 1.79 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn | 2.51 |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn | 3.44 |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn | 1.81 |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn | 1.36 |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn | 1.45 |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn | 2.85 |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn | 2.29 |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn | 0.91 |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 1.97 |