Growth Metrics

Target (TGT) Invested Capital (2016 - 2026)

Target filings provide 18 years of Invested Capital readings, the most recent being $30.6 billion for Q1 2026.

  • On a quarterly basis, Invested Capital rose 6.98% to $30.6 billion in Q1 2026 year-over-year; TTM through Jan 2026 was $30.6 billion, a 6.98% increase, with the full-year FY2026 number at $30.6 billion, up 6.98% from a year prior.
  • Invested Capital hit $30.6 billion in Q1 2026 for Target, up from $16.6 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $30.6 billion in Q1 2026 to a low of $11.8 billion in Q2 2023.
  • Median Invested Capital over the past 5 years was $16.1 billion (2024), compared with a mean of $18.3 billion.
  • Biggest five-year swings in Invested Capital: dropped 26.46% in 2022 and later soared 39.38% in 2024.
  • Target's Invested Capital stood at $13.2 billion in 2022, then rose by 3.02% to $13.6 billion in 2023, then increased by 18.33% to $16.1 billion in 2024, then increased by 3.16% to $16.6 billion in 2025, then surged by 83.74% to $30.6 billion in 2026.
  • The last three reported values for Invested Capital were $30.6 billion (Q1 2026), $16.6 billion (Q4 2025), and $16.6 billion (Q3 2025) per Business Quant data.