Target (TGT) FCF Margin (2009 - 2026)
Target (TGT) recorded FCF Margin of 9.17% in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 5.17 percentage points from 4.00% a year earlier and up 10.43 percentage points from the prior quarter.
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Analysis
Target (TGT) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Target's FCF Margin came in at 4.14% as of Aug 1, 2026, up 1.35 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 2.71%, down 1.49 percentage points from FY2025.
- Annual FCF Margin has a five-year change of -5.71 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, FCF Margin came in at 4.20% in FY2025 (+0.65 pp), 3.55% in FY2024 (+4.94 pp), -1.38% in FY2023 (-6.18 pp) and 4.79% in FY2022 (-3.62 pp).
- The fiscal Q2 2027 figure is the highest quarterly FCF Margin since fiscal Q4 2021.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of -0.39 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 7.98 percentage points in fiscal Q1 2024, against a drop of 11.80 percentage points in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -1.25% (Q1 2027), 7.20% (Q4 2026) and 0.59% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | -4.40% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 9.42% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 11.39% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 12.01% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 9.97% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 9.17% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 14.29% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 2.54% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 9.43% |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | 11.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 9.17% |
| 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% |
API Access
Target FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=TGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "TGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();