Target (TGT) Interest Expenses (2009 - 2026)
Target's (TGT) quarterly Interest Expenses came in at $117.0 million in Q2 2026, up 0.86% YoY from $116.0 million in Q2 2025, and down 58.66% on a QoQ basis from $283.0 million in Q1 2026.
Target (TGT) Interest Expenses (2009 - 2026) Analysis & Trends
Target (TGT) has 18 years of Interest Expenses data on file, last reported at $117.0 million in Q2 2026.
- Quarterly Interest Expenses rose 0.86% year-over-year to $117.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $631.0 million (up 26.2% YoY) and the FY2026 annual result came in at $5.0 billion, up 720.98% from the prior year.
- Interest Expenses declined to $117.0 million in Q2 2026, from $283.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $283.0 million in Q1 2026 to a low of $97.0 million in Q1 2022.
- A 5-year average of $128.6 million and a median of $115.5 million in 2025 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses fell 27.89% — and 2026, when it surged 67.46%.
- Tracing TGT's Interest Expenses over 5 years: stood at $125.0 million in 2022, then slipped by 14.4% to $107.0 million in 2023, then slipped by 1.87% to $105.0 million in 2024, then climbed by 9.52% to $115.0 million in 2025, then rose by 1.74% to $117.0 million in 2026.
- The last three Interest Expenses figures came in at $117.0 million (Q2 2026), $283.0 million (Q1 2026), and $115.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.27 Bn | 813.54 Bn | 44.69 Bn | 574.00 Mn |
| 2 | Costco Wholesale | 420.42 Bn | 400.43 Bn | 9.01 Bn | 32.00 Mn |
| 3 | Target | 74.99 Bn | 71.45 Bn | 7.38 Bn | 117.00 Mn |
| 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 | 12.37 Mn |
| 7 | Bbb Foods | 6.05 Bn | 5.36 Bn | 250.62 Mn | -27.73 Mn |
| 8 | Pricesmart | 5.24 Bn | 4.92 Bn | 262.22 Mn | 3.85 Mn |
| 9 | Ollie's Bargain Outlet Holdings | 4.63 Bn | 4.38 Bn | 275.96 Mn | 18.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 117.00 Mn |
| May 2, 2026 | 117.00 Mn |
| Jan 31, 2026 | 283.00 Mn |
| Jan 31, 2026 | 283.00 Mn |
| Nov 1, 2025 | 115.00 Mn |
| Nov 1, 2025 | 115.00 Mn |
| Aug 2, 2025 | 116.00 Mn |
| Aug 2, 2025 | 116.00 Mn |
| May 3, 2025 | 116.00 Mn |
| May 3, 2025 | 116.00 Mn |
| Feb 1, 2025 | 169.00 Mn |
| Feb 1, 2025 | 169.00 Mn |
| Nov 2, 2024 | 105.00 Mn |
| Nov 2, 2024 | 105.00 Mn |
| Aug 3, 2024 | 110.00 Mn |
| Aug 3, 2024 | 110.00 Mn |
| May 4, 2024 | 106.00 Mn |
| May 4, 2024 | 106.00 Mn |
| Feb 3, 2024 | 107.00 Mn |
| Feb 3, 2024 | 107.00 Mn |