Target (TGT) Interest Coverage Ratio (2009 - 2026)
Target's Interest Coverage Ratio came in at 26.12 for fiscal Q2 2027 (quarter ended Aug 1, 2026), up 130.1% from 11.35 a year earlier and up 169.3% from the prior quarter.
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Analysis
Target (TGT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 1, 2026, Target reported Interest Coverage Ratio of 14.04, up 10.5% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 11.50, down 15.1% from FY2025.
- Going back by fiscal year, Interest Coverage Ratio was 13.54 in FY2025 (+19.1%), 11.37 in FY2024 (+41.2%), 8.05 in FY2023 (-62.1%) and 21.25 in FY2022 (+217.5%).
- The fiscal Q2 2027 figure represents the highest quarterly Interest Coverage Ratio in data going back to fiscal Q4 2009.
- Year-over-year, Interest Coverage Ratio increased in two of the last eight quarters, with growth averaging 3.8%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in fiscal Q3 2022 (growth of 525.2%), and the weakest in fiscal Q2 2023 (a decline of 87.9%).
- Business Quant data shows TGT's Interest Coverage Ratio at 9.70 (Q1 2027), 13.94 (Q4 2026) and 8.24 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,659.84 Bn | 2,176.54 Bn | 104.83 Bn | 20.90 |
| 2 | Home Depot | 287.59 Bn | 280.83 Bn | 16.12 Bn | 11.73 |
| 3 | Tjx Companies | 147.38 Bn | 124.93 Bn | 5.07 Bn | - |
| 4 | Lowes Companies | 105.03 Bn | 97.99 Bn | 8.58 Bn | - |
| 5 | Ross Stores | 74.93 Bn | 57.86 Bn | 2.12 Bn | - |
| 6 | Target | 71.05 Bn | 65.64 Bn | 8.94 Bn | 26.12 |
| 7 | O Reilly Automotive | 70.25 Bn | 69.33 Bn | 2.52 Bn | 14.11 |
| 8 | Carvana | 69.96 Bn | 61.56 Bn | 1.38 Bn | 6.73 |
| 9 | Autozone | 46.92 Bn | 45.82 Bn | 2.52 Bn | - |
| 10 | JD.com | 31.91 Bn | -78.27 Bn | 8.71 Bn | 6.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 26.12 |
| May 2, 2026 | 9.70 |
| Jan 31, 2026 | 13.94 |
| Nov 1, 2025 | 8.24 |
| Aug 2, 2025 | 11.35 |
| May 3, 2025 | 12.69 |
| Feb 1, 2025 | 16.30 |
| Nov 2, 2024 | 11.12 |
| Aug 3, 2024 | 14.86 |
| May 4, 2024 | 12.23 |
| Feb 3, 2024 | 17.43 |
| Oct 28, 2023 | 12.31 |
| Jul 29, 2023 | 8.49 |
| Apr 29, 2023 | 9.03 |
| Jan 28, 2023 | 8.98 |
| Oct 29, 2022 | 8.18 |
| Jul 30, 2022 | 2.87 |
| Apr 30, 2022 | 12.02 |
| Jan 29, 2022 | 20.14 |
| Oct 30, 2021 | 19.14 |
API Access
Target Interest Coverage Ratio 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=interest-coverage-ratio&ticker=TGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();