Target (TGT) Construction in Progress (2009 - 2025)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "ticker": "TGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=construction-in-progress&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();