Target (TGT) Construction in Progress (2009 - 2025)
Target's (TGT) quarterly Construction in Progress came in at $1.2 billion in Q1 2025, down 30.42% YoY from $1.7 billion in Q1 2024, and up 56.33% on a QoQ basis from $758.0 million in Q4 2024.
Target (TGT) Construction in Progress (2009 - 2025) Analysis & Trends
Target (TGT) has 17 years of Construction in Progress data on file, last reported at $1.2 billion in Q1 2025.
- Quarterly Construction in Progress fell 30.42% year-over-year to $1.2 billion in Q1 2025, while the trailing twelve-month figure through Feb 2025 was $1.2 billion (down 30.42% YoY) and the FY2025 annual result came in at $1.2 billion, down 30.42% from the prior year.
- Construction in Progress advanced to $1.2 billion in Q1 2025, 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.
- A 5-year average of $1.6 billion and a median of $1.4 billion in 2022 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2021 — Construction in Progress soared 151.35% — and 2024, when it sank 68.57%.
- Tracing TGT's Construction in Progress over 5 years: 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 828.54 Bn | 817.81 Bn | 44.69 Bn | - |
| 2 | Costco Wholesale | 414.96 Bn | 394.96 Bn | 9.01 Bn | - |
| 3 | Target | 72.00 Bn | 68.46 Bn | 7.38 Bn | - |
| 4 | Dollar General | 26.64 Bn | 25.29 Bn | 3.41 Bn | - |
| 5 | Dollar Tree | 25.25 Bn | 24.24 Bn | 1.83 Bn | - |
| 6 | BJ's Wholesale Club Holdings | 11.76 Bn | 11.73 Bn | 1.03 Bn | - |
| 7 | Bbb Foods | 5.91 Bn | 5.23 Bn | 250.62 Mn | - |
| 8 | Pricesmart | 5.12 Bn | 4.80 Bn | 262.22 Mn | - |
| 9 | Ollie's Bargain Outlet Holdings | 4.56 Bn | 4.31 Bn | 275.96 Mn | - |
Historic Data
Download 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 |