Target (TGT) Debt to Equity (2009 - 2026)
Target (TGT) reported Debt to Equity of $0.94 for Q2 2026, down 9.17% on a YoY basis from $1.04 in Q2 2025, and down 7.64% quarter-over-quarter from $1.02 in Q1 2026.
Target (TGT) Debt to Equity (2009 - 2026) Analysis & Trends
Target has reported Debt to Equity for 18 years, with the latest figure at $0.94 in Q2 2026.
- For the quarter ending Q2 2026, Debt to Equity fell 9.17% year-over-year to $0.94; the trailing twelve-month figure through May 2026 stood at $0.94 (down 9.17% YoY), and the FY2026 full-year result was $1.02, down 6.34% from the prior year.
- Debt to Equity for Q2 2026 stood at $0.94, down from $1.02 in the prior quarter.
- The five-year high for Debt to Equity was $1.49 in Q4 2022, with the low at $0.94 in Q2 2026.
- Historically, Debt to Equity has averaged $1.2 across 5 years, with a median of $1.13 in 2024.
- Annual changes were most pronounced in 2022 — Debt to Equity jumped 65.8% — and 2024, when it slipped 20.73%.
- Target's Debt to Equity stood at $1.49 in 2022, then fell by 14.35% to $1.28 in 2023, then fell by 13.71% to $1.1 in 2024, then decreased by 3.5% to $1.06 in 2025, then declined by 11.66% to $0.94 in 2026.
- The last three Debt to Equity figures came in at $0.94 (Q2 2026), $1.02 (Q1 2026), and $1.06 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn | 0.47 |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn | 0.18 |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn | 0.94 |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn | 0.54 |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn | 0.84 |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn | 0.36 |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn | 0.12 |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn | 0.00 |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 0.94 |
| Jan 31, 2026 | 1.02 |
| Nov 1, 2025 | 1.06 |
| Aug 2, 2025 | 1.07 |
| May 3, 2025 | 1.04 |
| Feb 1, 2025 | 1.09 |
| Nov 2, 2024 | 1.10 |
| Aug 3, 2024 | 1.06 |
| May 4, 2024 | 1.16 |
| Feb 3, 2024 | 1.19 |
| Oct 28, 2023 | 1.28 |
| Jul 29, 2023 | 1.34 |
| Apr 29, 2023 | 1.40 |
| Jan 28, 2023 | 1.44 |
| Oct 29, 2022 | 1.49 |
| Jul 30, 2022 | 1.43 |
| Apr 30, 2022 | 1.34 |
| Jan 29, 2022 | 1.07 |
| Oct 30, 2021 | 0.92 |
| Jul 31, 2021 | 0.86 |