Target (TGT) Construction in Progress (2009 - 2025)

Target's Construction in Progress history runs 17 years deep, the most recent figure standing at $1.2 billion for Q1 2025.

• Quarterly Construction in Progress fell 30.42% year-over-year to $1.2 billion in Q1 2025, while the trailing twelve-month figure through Feb 2025 was $1.2 billion (down 30.42% YoY) and the FY2025 annual result came in at $1.2 billion, down 30.42% from the prior year.
• Construction in Progress was $1.2 billion for Q1 2025 at Target, up from $758.0 million in the prior quarter.
• Across five years, Construction in Progress topped out at $2.8 billion in Q2 2023 and bottomed at $758.0 million in Q4 2024.
• A 5-year average of $1.6 billion and a median of $1.4 billion in 2022 frame the typical range for Construction in Progress.
• Annual changes were most pronounced in 2021 — Construction in Progress soared 151.35% — and 2024, when it plunged 68.57%.
• Target's Construction in Progress stood at $1.3 billion in 2021, then jumped by 81.11% to $2.4 billion in 2022, then dropped by 15.18% to $2.0 billion in 2023, then plunged by 62.1% to $758.0 million in 2024, then surged by 56.33% to $1.2 billion in 2025.
• Business Quant data shows TGT's Construction in Progress at $1.2 billion in Q1 2025, $758.0 million in Q4 2024, and $830.0 million in Q3 2024.