KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Target (TGT) Debt to Equity (2016 - 2026)

Target (TGT) has disclosed Debt to Equity for 18 consecutive years, with $1.02 as the latest value for Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 6.34% year-over-year to $1.02, compared with a TTM value of $1.02 through Jan 2026, down 6.34%, and an annual FY2026 reading of $1.02, down 6.34% over the prior year.
  • Debt to Equity was $1.02 for Q1 2026 at Target, down from $1.06 in the prior quarter.
  • Across five years, Debt to Equity topped out at $1.49 in Q4 2022 and bottomed at $1.02 in Q1 2026.
  • Average Debt to Equity over 5 years is $1.21, with a median of $1.16 recorded in 2024.
  • The sharpest move saw Debt to Equity surged 65.8% in 2022, then dropped 20.73% in 2024.
  • Year by year, Debt to Equity stood at $1.49 in 2022, then decreased by 14.35% to $1.28 in 2023, then decreased by 13.71% to $1.1 in 2024, then dropped by 3.5% to $1.06 in 2025, then decreased by 4.36% to $1.02 in 2026.
  • Business Quant data shows Debt to Equity for TGT at $1.02 in Q1 2026, $1.06 in Q4 2025, and $1.07 in Q3 2025.