Target (TGT) EBITDA Margin (2009 - 2026)
Target (TGT) posted EBITDA Margin of 4.46% for Q2 2026, down 1.56% on a QoQ basis from 4.53% in Q1 2026, and down 171.0% year-over-year from 6.28% in Q2 2025.
Target (TGT) EBITDA Margin (2009 - 2026) Analysis & Trends
Target's EBITDA Margin history runs 18 years deep, the most recent figure standing at 4.46% for Q2 2026.
- Quarterly EBITDA Margin fell 171.0% year-over-year to 4.46% in Q2 2026, while the trailing twelve-month figure through May 2026 was 4.49% (down 93.0% YoY) and the FY2026 annual result came in at 4.88%, down 34.0% from the prior year.
- EBITDA Margin was 4.46% for Q2 2026 at Target, down from 4.53% in the prior quarter.
- Across five years, EBITDA Margin topped out at 6.76% in Q1 2022 and bottomed at 1.23% in Q3 2022.
- A 5-year average of 4.84% and a median of 5.01% in 2023 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin plunged 857 bps — and 2023, when it surged 360 bps.
- Target's EBITDA Margin stood at 3.85% in 2022, then jumped by 35 bps to 5.19% in 2023, then slipped by 12 bps to 4.55% in 2024, then dropped by 18 bps to 3.75% in 2025, then increased by 19 bps to 4.46% in 2026.
- Business Quant data shows TGT's EBITDA Margin at 4.46% in Q2 2026, 4.53% in Q1 2026, and 3.75% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | 4.27% |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | 3.74% |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 4.46% |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | 5.56% |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | 9.51% |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 3.67% |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | 4.43% |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | 22.24% |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | 14.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 4.46% |
| Jan 31, 2026 | 4.53% |
| Nov 1, 2025 | 3.75% |
| Aug 2, 2025 | 5.22% |
| May 3, 2025 | 6.17% |
| Feb 1, 2025 | 4.75% |
| Nov 2, 2024 | 4.55% |
| Aug 3, 2024 | 6.42% |
| May 4, 2024 | 5.28% |
| Feb 3, 2024 | 5.84% |
| Oct 28, 2023 | 5.19% |
| Jul 29, 2023 | 4.83% |
| Apr 29, 2023 | 5.24% |
| Jan 28, 2023 | 3.69% |
| Oct 29, 2022 | 3.85% |
| Jul 30, 2022 | 1.23% |
| Apr 30, 2022 | 5.35% |
| Jan 29, 2022 | 6.76% |
| Oct 30, 2021 | 7.84% |
| Jul 31, 2021 | 9.81% |