Target (TGT) Debt Ratio (2009 - 2026)

Target's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.27 for 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 was 0.27 for Q2 2026 at Target, down from 0.28 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.31 in Q2 2023 and bottomed at 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 advanced 26.06% — and 2024, when it decreased 9.35%.
• Target's Debt Ratio stood at 0.3 in 2022, then fell by 3.79% to 0.28 in 2023, then fell by 4.02% to 0.27 in 2024, then advanced by 0.73% to 0.28 in 2025, then retreated by 3.38% to 0.27 in 2026.
• Business Quant data shows TGT's Debt Ratio at 0.27 in Q2 2026, 0.28 in Q1 2026, and 0.28 in Q4 2025.