Growth Metrics

Target (TGT) Capital Expenditures (2016 - 2026)

Target filings provide 18 years of Capital Expenditures readings, the most recent being $885.0 million for Q1 2026.

  • On a quarterly basis, Capital Expenditures fell 4.12% to $885.0 million in Q1 2026 year-over-year; TTM through Jan 2026 was $3.7 billion, a 28.92% increase, with the full-year FY2026 number at $3.7 billion, up 28.92% from a year prior.
  • Capital Expenditures hit $885.0 million in Q1 2026 for Target, down from $978.0 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.
  • Median Capital Expenditures over the past 5 years was $978.0 million (2025), compared with a mean of $1.1 billion.
  • Biggest five-year swings in Capital Expenditures: surged 96.87% in 2022 and later tumbled 58.01% in 2024.
  • Target's Capital Expenditures stood at $1.8 billion in 2022, then plummeted by 37.39% to $1.1 billion in 2023, then crashed by 41.88% to $655.0 million in 2024, then skyrocketed by 49.31% to $978.0 million in 2025, then decreased by 9.51% to $885.0 million in 2026.
  • The last three reported values for Capital Expenditures were $885.0 million (Q1 2026), $978.0 million (Q4 2025), and $1.1 billion (Q3 2025) per Business Quant data.