Growth Metrics

Target (TGT) EBT Margin (2016 - 2026)

Target filings provide 18 years of EBT Margin readings, the most recent being 4.3% for Q1 2026.

  • On a quarterly basis, EBT Margin fell 25.0% to 4.3% in Q1 2026 year-over-year; TTM through Jan 2026 was 4.55%, a 39.0% decrease, with the full-year FY2026 number at 4.55%, down 39.0% from a year prior.
  • EBT Margin hit 4.3% in Q1 2026 for Target, up from 3.4% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 6.51% in Q1 2022 to a low of 0.83% in Q3 2022.
  • Median EBT Margin over the past 5 years was 4.75% (2023), compared with a mean of 4.51%.
  • Biggest five-year swings in EBT Margin: plummeted -859bps in 2022 and later soared 349bps in 2023.
  • Target's EBT Margin stood at 3.43% in 2022, then skyrocketed by 42bps to 4.86% in 2023, then decreased by -13bps to 4.25% in 2024, then decreased by -20bps to 3.4% in 2025, then rose by 26bps to 4.3% in 2026.
  • The last three reported values for EBT Margin were 4.3% (Q1 2026), 3.4% (Q4 2025), and 4.83% (Q3 2025) per Business Quant data.