Target (TGT) Inventory Average (2009 - 2026)
Target's (TGT) quarterly Inventory Average came in at $12.3 billion in Q2 2026, down 4.53% YoY from $12.9 billion in Q2 2025, and down 9.48% on a QoQ basis from $13.6 billion in Q1 2026.
Target (TGT) Inventory Average (2009 - 2026) Analysis & Trends
Target (TGT) has 18 years of Inventory Average data on file, last reported at $12.3 billion in 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 retreated to $12.3 billion in Q2 2026, from $13.6 billion in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $16.2 billion in Q4 2022 to a low of $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 declined 16.78%.
- Tracing TGT's Inventory Average over 5 years: stood at $16.2 billion in 2022, then slipped by 15.48% to $13.7 billion in 2023, then increased by 1.29% to $13.9 billion in 2024, then grew by 0.03% to $13.9 billion in 2025, then fell by 11.36% to $12.3 billion in 2026.
- The last three Inventory Average figures came in at $12.3 billion (Q2 2026), $13.6 billion (Q1 2026), and $13.9 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 828.54 Bn | 817.81 Bn | 44.69 Bn | 60.71 Bn |
| 2 | Costco Wholesale | 414.96 Bn | 394.96 Bn | 9.01 Bn | 19.20 Bn |
| 3 | Target | 72.00 Bn | 68.46 Bn | 7.38 Bn | 12.31 Bn |
| 4 | Dollar General | 26.64 Bn | 25.29 Bn | 3.41 Bn | 6.48 Bn |
| 5 | Dollar Tree | 25.25 Bn | 24.24 Bn | 1.83 Bn | 2.48 Bn |
| 6 | BJ's Wholesale Club Holdings | 11.76 Bn | 11.73 Bn | 1.03 Bn | 1.61 Bn |
| 7 | Bbb Foods | 5.91 Bn | 5.23 Bn | 250.62 Mn | 238.64 Mn |
| 8 | Pricesmart | 5.12 Bn | 4.80 Bn | 262.22 Mn | 623.10 Mn |
| 9 | Ollie's Bargain Outlet Holdings | 4.56 Bn | 4.31 Bn | 275.96 Mn | 668.59 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 |