Target (TGT) EBITDA Margin (2009 - 2026)
Target's (TGT) quarterly EBITDA Margin came in at 4.46% in Q2 2026, down 171.0% YoY from 6.28% in Q2 2025, and down 1.56% on a QoQ basis from 4.53% in Q1 2026.
Target (TGT) EBITDA Margin (2009 - 2026) Analysis & Trends
Target (TGT) has 18 years of EBITDA Margin data on file, last reported at 4.46% in 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 fell to 4.46% in Q2 2026, from 4.53% 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.
- 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 sank 857 bps — and 2023, when it surged 360 bps.
- Tracing TGT's EBITDA Margin over 5 years: stood at 3.85% in 2022, then surged by 35 bps to 5.19% in 2023, then retreated by 12 bps to 4.55% in 2024, then decreased by 18 bps to 3.75% in 2025, then climbed by 19 bps to 4.46% in 2026.
- The last three EBITDA Margin figures came in at 4.46% (Q2 2026), 4.53% (Q1 2026), and 3.75% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 828.54 Bn | 817.81 Bn | 44.69 Bn | 4.22% |
| 2 | Costco Wholesale | 414.96 Bn | 394.96 Bn | 9.01 Bn | 3.99% |
| 3 | Target | 72.00 Bn | 68.46 Bn | 7.38 Bn | 4.46% |
| 4 | Dollar General | 26.64 Bn | 25.29 Bn | 3.41 Bn | 5.92% |
| 5 | Dollar Tree | 25.25 Bn | 24.24 Bn | 1.83 Bn | 9.51% |
| 6 | BJ's Wholesale Club Holdings | 11.76 Bn | 11.73 Bn | 1.03 Bn | 3.67% |
| 7 | Bbb Foods | 5.91 Bn | 5.23 Bn | 250.62 Mn | 22.24% |
| 8 | Pricesmart | 5.12 Bn | 4.80 Bn | 262.22 Mn | 4.43% |
| 9 | Ollie's Bargain Outlet Holdings | 4.56 Bn | 4.31 Bn | 275.96 Mn | 10.56% |
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% |