Target (TGT) Capital Expenditures (2009 - 2026)
Target (TGT) recorded Capital Expenditures of $1.37 billion in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 27.5% from $1.07 billion a year earlier and up 32.3% from the prior quarter.
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Analysis
Target (TGT) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Target's Capital Expenditures came in at $4.27 billion as of Aug 1, 2026, up 24.0% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $3.73 billion, up 28.9% from FY2025.
- Annual Capital Expenditures has a five-year compound annual growth rate of 7.1% (FY2021 to FY2026).
- Across earlier fiscal years, Capital Expenditures came in at $2.89 billion in FY2025 (-39.8%), $4.81 billion in FY2024 (-13.1%), $5.53 billion in FY2023 (+56.0%) and $3.54 billion in FY2022 (+33.8%).
- The fiscal Q2 2027 figure is the highest quarterly Capital Expenditures since fiscal Q1 2024.
- On a year-over-year basis, Capital Expenditures rose in six of the last eight quarters, with growth averaging 19.4%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 96.9% in fiscal Q2 2023, against a decline of 58.0% in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.04 billion (Q1 2027), $885 million (Q4 2026) and $978 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 54.21 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 880.00 Mn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 497.00 Mn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 542.00 Mn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 251.26 Mn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 1.37 Bn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 307.60 Mn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 51.00 Mn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 345.51 Mn |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | -443.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 1.37 Bn |
| May 2, 2026 | 1.04 Bn |
| Jan 31, 2026 | 885.00 Mn |
| Nov 1, 2025 | 978.00 Mn |
| Aug 2, 2025 | 1.07 Bn |
| May 3, 2025 | 790.00 Mn |
| Feb 1, 2025 | 923.00 Mn |
| Nov 2, 2024 | 655.00 Mn |
| Aug 3, 2024 | 639.00 Mn |
| May 4, 2024 | 674.00 Mn |
| Feb 3, 2024 | 854.00 Mn |
| Oct 28, 2023 | 1.13 Bn |
| Jul 29, 2023 | 1.22 Bn |
| Apr 29, 2023 | 1.61 Bn |
| Jan 28, 2023 | 1.21 Bn |
| Oct 29, 2022 | 1.80 Bn |
| Jul 30, 2022 | 1.57 Bn |
| Apr 30, 2022 | 952.00 Mn |
| Jan 29, 2022 | 1.06 Bn |
| Oct 30, 2021 | 1.15 Bn |
API Access
Target Capital Expenditures 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=capital-expenditures&ticker=TGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();