Growth Metrics

Target (TGT) EBITDA Margin (2016 - 2026)

Target's EBITDA Margin history spans 18 years, with the latest figure at 4.53% for Q1 2026.

  • For Q1 2026, EBITDA Margin fell 21.0% year-over-year to 4.53%; the TTM value through Jan 2026 reached 4.88%, down 34.0%, while the annual FY2026 figure was 7.84%, 20.0% down from the prior year.
  • EBITDA Margin reached 4.53% in Q1 2026 per TGT's latest filing, up from 3.75% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 6.76% in Q1 2022 to a low of 1.23% in Q3 2022.
  • Average EBITDA Margin over 5 years is 4.86%, with a median of 5.19% recorded in 2023.
  • Peak YoY movement for EBITDA Margin: plummeted -857bps in 2022, then soared 360bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 3.85% in 2022, then skyrocketed by 35bps to 5.19% in 2023, then fell by -12bps to 4.55% in 2024, then dropped by -18bps to 3.75% in 2025, then grew by 21bps to 4.53% in 2026.
  • Per Business Quant, the three most recent readings for TGT's EBITDA Margin are 4.53% (Q1 2026), 3.75% (Q4 2025), and 5.22% (Q3 2025).