Growth Metrics

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

Target (TGT) has disclosed Construction in Progress for 17 consecutive years, with $1.2 billion as the latest value for Q1 2025.

  • For the quarter ending Q1 2025, Construction in Progress fell 30.42% year-over-year to $1.2 billion, compared with a TTM value of $1.2 billion through Feb 2025, down 30.42%, and an annual FY2025 reading of $1.2 billion, down 30.42% over 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.
  • Average Construction in Progress over 5 years is $1.6 billion, with a median of $1.4 billion recorded in 2022.
  • The sharpest move saw Construction in Progress skyrocketed 151.35% in 2021, then tumbled 68.57% in 2024.
  • Year by year, 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.
  • Business Quant data shows Construction in Progress for TGT at $1.2 billion in Q1 2025, $758.0 million in Q4 2024, and $830.0 million in Q3 2024.