Target (TGT) Deferred Taxes (2009 - 2026)
Target (TGT) reported Deferred Taxes of $65 million for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 14.5% from $76 million a year earlier and down 62.4% from the prior quarter.
Target (TGT) Deferred Taxes (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 1, 2026, Target's Deferred Taxes came in at $71 million; for FY2026 (ended Jan 31, 2026), it came in at -$55 million.
- By fiscal year, Deferred Taxes came in at -$180 million in FY2025, $298 million in FY2024 (-48.8%), $582 million in FY2023 (+11.5%) and $522 million in FY2022.
- Five-year quarterly Deferred Taxes spans a low of -$133 million in fiscal Q3 2026 and a high of $321 million in fiscal Q3 2023.
- The high point for year-over-year Deferred Taxes in five years was fiscal Q1 2027 (growth of 380.6%); the low point was fiscal Q4 2023 (a decline of 88.2%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $173 million (Q1 2027), -$34 million (Q4 2026) and -$133 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 17.69 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 7.00 Mn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 20.00 Mn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | -38.00 Mn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 17.07 Mn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 65.00 Mn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 14.21 Mn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | -63.00 Mn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | -20.66 Mn |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 65.00 Mn |
| May 2, 2026 | 173.00 Mn |
| Jan 31, 2026 | -34.00 Mn |
| Nov 1, 2025 | -133.00 Mn |
| Aug 2, 2025 | 76.00 Mn |
| May 3, 2025 | 36.00 Mn |
| Feb 1, 2025 | -122.00 Mn |
| Nov 2, 2024 | -74.00 Mn |
| Aug 3, 2024 | -48.00 Mn |
| May 4, 2024 | 64.00 Mn |
| Feb 3, 2024 | 46.00 Mn |
| Oct 28, 2023 | 111.00 Mn |
| Jul 29, 2023 | 46.00 Mn |
| Apr 29, 2023 | 95.00 Mn |
| Jan 28, 2023 | 34.00 Mn |
| Oct 29, 2022 | 321.00 Mn |
| Jul 30, 2022 | 112.00 Mn |
| Apr 30, 2022 | 115.00 Mn |
| Jan 29, 2022 | 289.00 Mn |
| Oct 30, 2021 | 90.00 Mn |
Target Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=TGT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "TGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();