Target (TGT) Interest Coverage Ratio (2009 - 2026)
Target (TGT) reported Interest Coverage Ratio of 9.7 for Q2 2026, down 23.55% on a YoY basis from 12.69 in Q2 2025, and down 30.41% quarter-over-quarter from 13.94 in Q1 2026.
Target (TGT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Target has reported Interest Coverage Ratio for 18 years, with the latest figure at 9.7 in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 23.55% year-over-year to 9.7; the trailing twelve-month figure through May 2026 stood at 10.69 (down 21.6% YoY), and the FY2026 full-year result was 11.5, down 15.09% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 9.7, down from 13.94 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 20.14 in Q1 2022, with the low at 2.87 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 11.66 across 5 years, with a median of 11.69 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 87.92% — and 2023, when it jumped 196.2%.
- Target's Interest Coverage Ratio 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), 13.94 (Q1 2026), and 8.24 (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn | 13.05 |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn | 78.97 |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn | 9.70 |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn | - |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn | - |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn | 16.81 |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn | 19.05 |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn | - |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn | -11.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 23.72 |