Target TGT
NYSE TGT
$156.45 -1.98 (-1.25%)
As of: Sep 29, 2026 · 3:59 PM EDT

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

Updated

Target's Construction in Progress was $1.19 billion in fiscal Q4 2025 (quarter ended Feb 1, 2025), down 30.4% from $1.7 billion a year earlier but up 56.3% from the prior quarter.

Analysis

Target (TGT) Construction in Progress (2009 - 2025) Analysis & Trends

From fiscal Q4 2009 onward, Target has reported Construction in Progress for 65 quarters.

  • Construction in Progress shows a five-year compound annual growth rate of 17.3% (FY2020 to FY2025).
  • In earlier fiscal years, Construction in Progress was $1.7 billion in FY2024 (-36.6%), $2.69 billion in FY2023 (+113.8%), $1.26 billion in FY2022 (+61.2%) and $780 million in FY2021 (+46.3%).
  • Quarterly Construction in Progress has moved between $518 million (fiscal Q3 2021) and $2.82 billion (fiscal Q1 2024) over five years.
  • Compared with a year earlier, Construction in Progress has declined for six straight quarters, with an average decline of 18.2% over the last eight quarters.
  • The best year-over-year quarter for Construction in Progress over five years was fiscal Q3 2022 (growth of 151.4%); the worst was fiscal Q2 2025 (a decline of 68.6%).
  • Per Business Quant data, TGT's Construction in Progress in the three fiscal quarters before Q4 2025 was $758 million (Q3 2025), $830 million (Q2 2025) and $1.54 billion (Q1 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Amazon Com 2,654.24 Bn 2,170.93 Bn 104.83 Bn -
2 Home Depot 289.19 Bn 282.43 Bn 16.12 Bn -
3 Tjx Companies 143.39 Bn 120.94 Bn 5.07 Bn -
4 Lowes Companies 105.29 Bn 98.25 Bn 8.58 Bn -
5 Ross Stores 75.79 Bn 58.72 Bn 2.12 Bn 558.84 Mn
6 Target 72.00 Bn 66.59 Bn 8.94 Bn -
7 O Reilly Automotive 70.61 Bn 69.69 Bn 2.52 Bn -
8 Carvana 66.52 Bn 58.12 Bn 1.38 Bn -
9 Autozone 47.57 Bn 46.47 Bn 2.52 Bn -
10 JD.com 32.28 Bn -77.90 Bn 8.71 Bn 845.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Feb 1, 2025 1.19 Bn
Nov 2, 2024 758.00 Mn
Aug 3, 2024 830.00 Mn
May 4, 2024 1.54 Bn
Feb 3, 2024 1.70 Bn
Oct 28, 2023 2.00 Bn
Jul 29, 2023 2.64 Bn
Apr 29, 2023 2.82 Bn
Jan 28, 2023 2.69 Bn
Oct 29, 2022 2.36 Bn
Jul 30, 2022 2.25 Bn
Apr 30, 2022 1.44 Bn
Jan 29, 2022 1.26 Bn
Oct 30, 2021 1.30 Bn
Jul 31, 2021 944.00 Mn
May 1, 2021 973.00 Mn
Jan 30, 2021 780.00 Mn
Oct 31, 2020 518.00 Mn
Aug 1, 2020 811.00 Mn
May 2, 2020 803.00 Mn
API Access

Target Construction in Progress API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=construction-in-progress&ticker=TGT&period=max&api_key=YOUR_API_KEY