Growth Metrics

Target (TGT) Construction in Progress (2016 - 2025)

Target filings provide 17 years of Construction in Progress readings, the most recent being $1.2 billion for Q1 2025.

  • On a quarterly basis, Construction in Progress fell 30.42% to $1.2 billion in Q1 2025 year-over-year; TTM through Feb 2025 was $1.2 billion, a 30.42% decrease, with the full-year FY2025 number at $1.2 billion, down 30.42% from a year prior.
  • Construction in Progress hit $1.2 billion in Q1 2025 for Target, up from $758.0 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $2.8 billion in Q2 2023 to a low of $758.0 million in Q4 2024.
  • Median Construction in Progress over the past 5 years was $1.4 billion (2022), compared with a mean of $1.6 billion.
  • Biggest five-year swings in Construction in Progress: surged 151.35% in 2021 and later crashed 68.57% in 2024.
  • Target's Construction in Progress stood at $1.3 billion in 2021, then skyrocketed by 81.11% to $2.4 billion in 2022, then dropped by 15.18% to $2.0 billion in 2023, then crashed by 62.1% to $758.0 million in 2024, then surged by 56.33% to $1.2 billion in 2025.
  • The last three reported values for Construction in Progress were $1.2 billion (Q1 2025), $758.0 million (Q4 2024), and $830.0 million (Q3 2024) per Business Quant data.