Target (TGT) FCF Payout Ratio (2009 - 2026)
Target's (TGT) quarterly FCF Payout Ratio came in at 1.62 in Q2 2026, down 61.76% YoY from 4.23 in Q2 2025, and down 774.08% on a QoQ basis from 0.24 in Q1 2026.
Target (TGT) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Target (TGT) has 18 years of FCF Payout Ratio data on file, last reported at 1.62 in Q2 2026.
- Quarterly FCF Payout Ratio fell 61.76% year-over-year to 1.62 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.69 (up 17.6% YoY) and the FY2026 annual result came in at 0.74, up 61.66% from the prior year.
- FCF Payout Ratio fell to 1.62 in Q2 2026, from 0.24 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 6.2 in Q4 2024 to a low of 2.24 in Q3 2022.
- A 5-year average of 0.4 and a median of 0.22 in 2023 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio tumbled 847.86% — and 2024, when it surged 875.7%.
- Tracing TGT's FCF Payout Ratio over 5 years: stood at 0.42 in 2022, then surged by 252.08% to 0.64 in 2023, then surged by 875.7% to 6.2 in 2024, then plunged by 43.08% to 3.53 in 2025, then slumped by 145.82% to 1.62 in 2026.
- The last three FCF Payout Ratio figures came in at 1.62 (Q2 2026), 0.24 (Q1 2026), and 3.53 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.27 Bn | 813.54 Bn | 44.69 Bn | -1.01 |
| 2 | Costco Wholesale | 420.42 Bn | 400.43 Bn | 9.01 Bn | - |
| 3 | Target | 74.99 Bn | 71.45 Bn | 7.38 Bn | -1.65 |
| 4 | Dollar General | 27.11 Bn | 25.76 Bn | 3.41 Bn | 0.36 |
| 5 | Dollar Tree | 25.75 Bn | 24.74 Bn | 1.83 Bn | - |
| 6 | BJ's Wholesale Club Holdings | 12.37 Bn | 12.34 Bn | 1.03 Bn | - |
| 7 | Bbb Foods | 6.05 Bn | 5.36 Bn | 250.62 Mn | - |
| 8 | Pricesmart | 5.24 Bn | 4.92 Bn | 262.22 Mn | - |
| 9 | Ollie's Bargain Outlet Holdings | 4.63 Bn | 4.38 Bn | 275.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | -1.62 |
| Jan 31, 2026 | 0.24 |
| Nov 1, 2025 | 3.53 |
| Aug 2, 2025 | 0.52 |
| May 3, 2025 | -1.00 |
| Feb 1, 2025 | 0.22 |
| Nov 2, 2024 | 6.20 |
| Aug 3, 2024 | 0.33 |
| May 4, 2024 | 1.21 |
| Feb 3, 2024 | 0.21 |
| Oct 28, 2023 | 0.64 |
| Jul 29, 2023 | 0.57 |
| Apr 29, 2023 | -1.49 |
| Jan 28, 2023 | 0.22 |
| Oct 29, 2022 | -0.42 |
| Jul 30, 2022 | -2.24 |
| Apr 30, 2022 | -0.18 |
| Jan 29, 2022 | 0.22 |
| Oct 30, 2021 | 0.43 |
| Jul 31, 2021 | 0.30 |