Target (TGT) Interest Coverage Ratio (2009 - 2026)
Target's (TGT) quarterly Interest Coverage Ratio came in at 9.7 in Q2 2026, down 23.55% YoY from 12.69 in Q2 2025, and up 98.94% on a QoQ basis from 4.88 in Q1 2026.
Target (TGT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Target (TGT) has 18 years of Interest Coverage Ratio data on file, last reported at 9.7 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 23.55% year-over-year to 9.7 in Q2 2026, while the trailing twelve-month figure through May 2026 was 7.58 (down 34.04% YoY) and the FY2026 annual result came in at 1.01, down 88.8% from the prior year.
- Interest Coverage Ratio climbed to 9.7 in Q2 2026, from 4.88 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 21.6 in Q1 2022 to a low of 2.87 in Q3 2022.
- A 5-year average of 10.81 and a median of 10.41 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 87.92% — and 2023, when it jumped 196.2%.
- Tracing TGT's Interest Coverage Ratio over 5 years: stood at 8.18 in 2022, then surged by 50.54% to 12.31 in 2023, then fell by 9.62% to 11.12 in 2024, then decreased by 25.89% to 8.24 in 2025, then grew by 17.68% to 9.7 in 2026.
- The last three Interest Coverage Ratio figures came in at 9.7 (Q2 2026), 4.88 (Q1 2026), and 8.24 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.27 Bn | 813.54 Bn | 44.69 Bn | 13.05 |
| 2 | Costco Wholesale | 420.42 Bn | 400.43 Bn | 9.01 Bn | 87.97 |
| 3 | Target | 74.99 Bn | 71.45 Bn | 7.38 Bn | 9.70 |
| 4 | Dollar General | 27.11 Bn | 25.76 Bn | 3.41 Bn | - |
| 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 | 16.81 |
| 7 | Bbb Foods | 6.05 Bn | 5.36 Bn | 250.62 Mn | -12.00 |
| 8 | Pricesmart | 5.24 Bn | 4.92 Bn | 262.22 Mn | 17.05 |
| 9 | Ollie's Bargain Outlet Holdings | 4.63 Bn | 4.38 Bn | 275.96 Mn | 3.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 9.70 |
| Jan 31, 2026 | 4.88 |
| Nov 1, 2025 | 8.24 |
| Aug 2, 2025 | 11.35 |
| May 3, 2025 | 12.69 |
| Feb 1, 2025 | 8.68 |
| 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 | 21.60 |
| Oct 30, 2021 | 19.14 |
| Jul 31, 2021 | 23.72 |