Target (TGT) FCF Margin (2009 - 2026)
Target (TGT) reported FCF Margin of 1.25% for Q2 2026, up 91.0% on a YoY basis from 0.66% in Q2 2025, and down 117.42% quarter-over-quarter from 7.2% in Q1 2026.
Target (TGT) FCF Margin (2009 - 2026) Analysis & Trends
Target has reported FCF Margin for 18 years, with the latest figure at 1.25% in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 91.0% year-over-year to 1.25%; the trailing twelve-month figure through May 2026 stood at 2.85% (down 49.0% YoY), and the FY2026 full-year result was 2.71%, down 149.0% from the prior year.
- FCF Margin for Q2 2026 stood at 1.25%, down from 7.2% in the prior quarter.
- The five-year high for FCF Margin was 7.65% in Q1 2025, with the low at 9.32% in Q2 2022.
- Historically, FCF Margin has averaged 2.02% across 5 years, with a median of 2.46% in 2023.
- Annual changes were most pronounced in 2022 — FCF Margin sank 1180 bps — and 2023, when it jumped 798 bps.
- Target's FCF Margin stood at 4.53% in 2022, then jumped by 170 bps to 3.18% in 2023, then plunged by 90 bps to 0.33% in 2024, then jumped by 80 bps to 0.59% in 2025, then slumped by 313 bps to 1.25% in 2026.
- The last three FCF Margin figures came in at 1.25% (Q2 2026), 7.2% (Q1 2026), and 0.59% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn | -1.11% |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn | 0.63% |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn | -1.25% |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn | 5.33% |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn | 7.88% |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn | -0.74% |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn | 4.10% |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn | 22.75% |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | -1.25% |
| Jan 31, 2026 | 7.20% |
| Nov 1, 2025 | 0.59% |
| Aug 2, 2025 | 4.00% |
| May 3, 2025 | -2.16% |
| Feb 1, 2025 | 7.65% |
| Nov 2, 2024 | 0.33% |
| Aug 3, 2024 | 6.28% |
| May 4, 2024 | 1.74% |
| Feb 3, 2024 | 7.63% |
| Oct 28, 2023 | 3.18% |
| Jul 29, 2023 | 3.69% |
| Apr 29, 2023 | -1.34% |
| Jan 28, 2023 | 7.20% |
| Oct 29, 2022 | -4.53% |
| Jul 30, 2022 | -0.86% |
| Apr 30, 2022 | -9.32% |
| Jan 29, 2022 | 6.35% |
| Oct 30, 2021 | 4.02% |
| Jul 31, 2021 | 5.90% |