Growth Metrics

Target (TGT) Invested Capital (2016 - 2026)

Target (TGT) has disclosed Invested Capital for 18 consecutive years, with $18.3 billion as the latest value for Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 35.96% year-over-year to $18.3 billion, compared with a TTM value of $18.3 billion through Jan 2026, down 35.96%, and an annual FY2026 reading of $18.3 billion, down 35.96% over the prior year.
  • Invested Capital was $18.3 billion for Q1 2026 at Target, up from $16.6 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $28.6 billion in Q1 2025 and bottomed at $11.8 billion in Q2 2023.
  • Average Invested Capital over 5 years is $17.5 billion, with a median of $16.1 billion recorded in 2024.
  • The sharpest move saw Invested Capital surged 39.38% in 2024, then crashed 35.96% in 2026.
  • Year by year, 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 rose by 9.99% to $18.3 billion in 2026.
  • Business Quant data shows Invested Capital for TGT at $18.3 billion in Q1 2026, $16.6 billion in Q4 2025, and $16.6 billion in Q3 2025.