Target (TGT) Asset Utilization Ratio (2009 - 2026)
Target (TGT) posted Asset Utilization Ratio of 1.81 for Q2 2026, up 3.24% on a QoQ basis from 1.75 in Q1 2026, and down 2.56% year-over-year from 1.86 in Q2 2025.
Target (TGT) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Target's Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 1.81 for Q2 2026.
- Quarterly Asset Utilization Ratio fell 2.56% year-over-year to 1.81 in Q2 2026, while the trailing twelve-month figure through May 2026 was 1.81 (down 2.56% YoY) and the FY2026 annual result came in at 1.79, down 5.14% from the prior year.
- Asset Utilization Ratio was 1.81 for Q2 2026 at Target, up from 1.75 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 2.09 in Q3 2022 and bottomed at 1.75 in Q1 2026.
- A 5-year average of 1.93 and a median of 1.93 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio climbed 6.69% — and 2024, when it decreased 6.83%.
- Target's Asset Utilization Ratio stood at 2.01 in 2022, then declined by 2.9% to 1.95 in 2023, then retreated by 3.84% to 1.88 in 2024, then decreased by 4.92% to 1.79 in 2025, then rose by 1.37% to 1.81 in 2026.
- Business Quant data shows TGT's Asset Utilization Ratio at 1.81 in Q2 2026, 1.75 in Q1 2026, and 1.79 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | 2.53 |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | 3.44 |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 1.81 |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | 1.36 |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | 1.45 |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 2.85 |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | 2.30 |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | - |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | 0.91 |
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 |