Target (TGT) Inventory Average (2009 - 2026)
Target (TGT) posted Inventory Average of $12.3 billion for Q2 2026, down 9.48% on a QoQ basis from $13.6 billion in Q1 2026, and down 4.53% year-over-year from $12.9 billion in Q2 2025.
Target (TGT) Inventory Average (2009 - 2026) Analysis & Trends
Target's Inventory Average history runs 18 years deep, the most recent figure standing at $12.3 billion for Q2 2026.
- Quarterly Inventory Average fell 4.53% year-over-year to $12.3 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $12.3 billion (down 4.53% YoY) and the FY2026 annual result came in at $12.5 billion, up 1.7% from the prior year.
- Inventory Average was $12.3 billion for Q2 2026 at Target, down from $13.6 billion in the prior quarter.
- Across five years, Inventory Average topped out at $16.2 billion in Q4 2022 and bottomed at $11.8 billion in Q2 2024.
- A 5-year average of $13.7 billion and a median of $13.7 billion in 2023 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2022 — Inventory Average soared 39.48% — and 2023, when it decreased 16.78%.
- Target's Inventory Average stood at $16.2 billion in 2022, then declined by 15.48% to $13.7 billion in 2023, then gained by 1.29% to $13.9 billion in 2024, then rose by 0.03% to $13.9 billion in 2025, then decreased by 11.36% to $12.3 billion in 2026.
- Business Quant data shows TGT's Inventory Average at $12.3 billion in Q2 2026, $13.6 billion in Q1 2026, and $13.9 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | 60.71 Bn |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | 20.07 Bn |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 12.31 Bn |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | 6.49 Bn |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | 2.48 Bn |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 1.61 Bn |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | 623.10 Mn |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | 232.52 Mn |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | 676.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 12.31 Bn |
| Jan 31, 2026 | 13.60 Bn |
| Nov 1, 2025 | 13.89 Bn |
| Aug 2, 2025 | 12.96 Bn |
| May 3, 2025 | 12.89 Bn |
| Feb 1, 2025 | 13.95 Bn |
| Nov 2, 2024 | 13.88 Bn |
| Aug 3, 2024 | 12.17 Bn |
| May 4, 2024 | 11.81 Bn |
| Feb 3, 2024 | 13.31 Bn |
| Oct 28, 2023 | 13.71 Bn |
| Jul 29, 2023 | 12.65 Bn |
| Apr 29, 2023 | 13.06 Bn |
| Jan 28, 2023 | 15.31 Bn |
| Oct 29, 2022 | 16.22 Bn |
| Jul 30, 2022 | 15.20 Bn |
| Apr 30, 2022 | 14.49 Bn |
| Jan 29, 2022 | 14.43 Bn |
| Oct 30, 2021 | 13.11 Bn |
| Jul 31, 2021 | 10.90 Bn |