Target (TGT) Capital Expenditures (2009 - 2026)
Target's (TGT) quarterly Capital Expenditures came in at $1.0 billion in Q2 2026, up 31.01% YoY from $790.0 million in Q2 2025, and up 16.95% on a QoQ basis from $885.0 million in Q1 2026.
Target (TGT) Capital Expenditures (2009 - 2026) Analysis & Trends
Target (TGT) has 18 years of Capital Expenditures data on file, last reported at $1.0 billion in 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 improved to $1.0 billion in Q2 2026, from $885.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $1.8 billion in Q4 2022 to a low of $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 slumped 58.01%.
- Tracing TGT's Capital Expenditures over 5 years: stood at $1.8 billion in 2022, then sank by 37.39% to $1.1 billion in 2023, then plunged by 41.88% to $655.0 million in 2024, then surged by 49.31% to $978.0 million in 2025, then increased by 5.83% to $1.0 billion in 2026.
- The last three Capital Expenditures figures came in at $1.0 billion (Q2 2026), $885.0 million (Q1 2026), and $978.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.27 Bn | 813.54 Bn | 44.69 Bn | 6.68 Bn |
| 2 | Costco Wholesale | 420.42 Bn | 400.43 Bn | 9.01 Bn | 1.41 Bn |
| 3 | Target | 74.99 Bn | 71.45 Bn | 7.38 Bn | 1.04 Bn |
| 4 | Dollar General | 27.11 Bn | 25.76 Bn | 3.41 Bn | 351.61 Mn |
| 5 | Dollar Tree | 25.75 Bn | 24.74 Bn | 1.83 Bn | 252.50 Mn |
| 6 | BJ's Wholesale Club Holdings | 12.37 Bn | 12.34 Bn | 1.03 Bn | 182.00 Mn |
| 7 | Bbb Foods | 6.05 Bn | 5.36 Bn | 250.62 Mn | -394,057.66 |
| 8 | Pricesmart | 5.24 Bn | 4.92 Bn | 262.22 Mn | 55.73 Mn |
| 9 | Ollie's Bargain Outlet Holdings | 4.63 Bn | 4.38 Bn | 275.96 Mn | 25.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 1.04 Bn |
| May 2, 2026 | 1.04 Bn |
| Jan 31, 2026 | 885.00 Mn |
| Jan 31, 2026 | 885.00 Mn |
| Nov 1, 2025 | 978.00 Mn |
| Nov 1, 2025 | 978.00 Mn |
| Aug 2, 2025 | 1.07 Bn |
| Aug 2, 2025 | 1.07 Bn |
| May 3, 2025 | 790.00 Mn |
| May 3, 2025 | 790.00 Mn |
| Feb 1, 2025 | 923.00 Mn |
| Feb 1, 2025 | 923.00 Mn |
| Nov 2, 2024 | 655.00 Mn |
| Nov 2, 2024 | 655.00 Mn |
| Aug 3, 2024 | 639.00 Mn |
| Aug 3, 2024 | 639.00 Mn |
| May 4, 2024 | 674.00 Mn |
| May 4, 2024 | 674.00 Mn |
| Feb 3, 2024 | 854.00 Mn |
| Feb 3, 2024 | 854.00 Mn |