Target (TGT) Debt Ratio (2009 - 2026)
Target's (TGT) quarterly Debt Ratio came in at 0.27 in Q2 2026, down 3.51% YoY from 0.28 in Q2 2025, and down 3.94% on a QoQ basis from 0.28 in Q1 2026.
Target (TGT) Debt Ratio (2009 - 2026) Analysis & Trends
Target (TGT) has 18 years of Debt Ratio data on file, last reported at 0.27 in Q2 2026.
- Quarterly Debt Ratio fell 3.51% year-over-year to 0.27 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.27 (down 3.51% YoY) and the FY2026 annual result came in at 0.28, up 2.83% from the prior year.
- Debt Ratio retreated to 0.27 in Q2 2026, from 0.28 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.31 in Q2 2023 to a low of 0.25 in Q1 2022.
- A 5-year average of 0.28 and a median of 0.28 in 2026 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio increased 26.06% — and 2024, when it declined 9.35%.
- Tracing TGT's Debt Ratio over 5 years: stood at 0.3 in 2022, then dropped by 3.79% to 0.28 in 2023, then dropped by 4.02% to 0.27 in 2024, then rose by 0.73% to 0.28 in 2025, then declined by 3.38% to 0.27 in 2026.
- The last three Debt Ratio figures came in at 0.27 (Q2 2026), 0.28 (Q1 2026), and 0.28 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.27 Bn | 813.54 Bn | 44.69 Bn | 0.16 |
| 2 | Costco Wholesale | 420.42 Bn | 400.43 Bn | 9.01 Bn | 0.07 |
| 3 | Target | 74.99 Bn | 71.45 Bn | 7.38 Bn | 0.27 |
| 4 | Dollar General | 27.11 Bn | 25.76 Bn | 3.41 Bn | 0.14 |
| 5 | Dollar Tree | 25.75 Bn | 24.74 Bn | 1.83 Bn | 0.21 |
| 6 | BJ's Wholesale Club Holdings | 12.37 Bn | 12.34 Bn | 1.03 Bn | 0.10 |
| 7 | Bbb Foods | 6.05 Bn | 5.36 Bn | 250.62 Mn | - |
| 8 | Pricesmart | 5.24 Bn | 4.92 Bn | 262.22 Mn | 0.10 |
| 9 | Ollie's Bargain Outlet Holdings | 4.63 Bn | 4.38 Bn | 275.96 Mn | 0.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 0.27 |
| Jan 31, 2026 | 0.28 |
| Nov 1, 2025 | 0.28 |
| Aug 2, 2025 | 0.28 |
| May 3, 2025 | 0.28 |
| Feb 1, 2025 | 0.27 |
| Nov 2, 2024 | 0.27 |
| Aug 3, 2024 | 0.27 |
| May 4, 2024 | 0.29 |
| Feb 3, 2024 | 0.28 |
| Oct 28, 2023 | 0.28 |
| Jul 29, 2023 | 0.30 |
| Apr 29, 2023 | 0.31 |
| Jan 28, 2023 | 0.30 |
| Oct 29, 2022 | 0.30 |
| Jul 30, 2022 | 0.29 |
| Apr 30, 2022 | 0.28 |
| Jan 29, 2022 | 0.25 |
| Oct 30, 2021 | 0.23 |
| Jul 31, 2021 | 0.25 |