Target (TGT) Capital Expenditures (2009 - 2026)

Target's Capital Expenditures history runs 18 years deep, the most recent figure standing at $1.0 billion for Q2 2026.

• Quarterly Capital Expenditures rose 31.01% year-over-year to $1.0 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $4.0 billion (up 32.09% YoY) and the FY2026 annual result came in at $3.7 billion, up 28.92% from the prior year.
• Capital Expenditures was $1.0 billion for Q2 2026 at Target, up from $885.0 million in the prior quarter.
• Across five years, Capital Expenditures topped out at $1.8 billion in Q4 2022 and bottomed at $639.0 million in Q3 2024.
• A 5-year average of $1.1 billion and a median of $1.0 billion in 2025 frame the typical range for Capital Expenditures.
• Annual changes were most pronounced in 2022 — Capital Expenditures soared 96.87% — and 2024, when it sank 58.01%.
• Target's Capital Expenditures stood at $1.8 billion in 2022, then tumbled by 37.39% to $1.1 billion in 2023, then slumped by 41.88% to $655.0 million in 2024, then jumped by 49.31% to $978.0 million in 2025, then gained by 5.83% to $1.0 billion in 2026.
• Business Quant data shows TGT's Capital Expenditures at $1.0 billion in Q2 2026, $885.0 million in Q1 2026, and $978.0 million in Q4 2025.