Target (TGT) Capital Expenditures (2009 - 2026)

Target has reported Capital Expenditures for 18 years, with the latest figure at $1.0 billion in Q2 2026.

• For the quarter ending Q2 2026, Capital Expenditures rose 31.01% year-over-year to $1.0 billion; the trailing twelve-month figure through May 2026 stood at $4.0 billion (up 32.09% YoY), and the FY2026 full-year result was $3.7 billion, up 28.92% from the prior year.
• Capital Expenditures for Q2 2026 stood at $1.0 billion, up from $885.0 million in the prior quarter.
• The five-year high for Capital Expenditures was $1.8 billion in Q4 2022, with the low at $639.0 million in Q3 2024.
• Historically, Capital Expenditures has averaged $1.1 billion across 5 years, with a median of $1.0 billion in 2025.
• Annual changes were most pronounced in 2022 — Capital Expenditures soared 96.87% — and 2024, when it slumped 58.01%.
• Target's Capital Expenditures 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.