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

Target has reported Construction in Progress for 17 years, with the latest figure at $1.2 billion in Q1 2025.

• For the quarter ending Q1 2025, Construction in Progress fell 30.42% year-over-year to $1.2 billion; the trailing twelve-month figure through Feb 2025 stood at $1.2 billion (down 30.42% YoY), and the FY2025 full-year result was $1.2 billion, down 30.42% from the prior year.
• Construction in Progress for Q1 2025 stood at $1.2 billion, up from $758.0 million in the prior quarter.
• The five-year high for Construction in Progress was $2.8 billion in Q2 2023, with the low at $758.0 million in Q4 2024.
• Historically, Construction in Progress has averaged $1.6 billion across 5 years, with a median of $1.4 billion in 2022.
• Annual changes were most pronounced in 2021 — Construction in Progress soared 151.35% — and 2024, when it sank 68.57%.
• Target's Construction in Progress stood at $1.3 billion in 2021, then surged by 81.11% to $2.4 billion in 2022, then decreased by 15.18% to $2.0 billion in 2023, then slumped by 62.1% to $758.0 million in 2024, then soared by 56.33% to $1.2 billion in 2025.
• The last three Construction in Progress figures came in at $1.2 billion (Q1 2025), $758.0 million (Q4 2024), and $830.0 million (Q3 2024), per Business Quant data.