Target (TGT) Invested Capital (2009 - 2026)

Target (TGT) reported Invested Capital of $17.5 billion for Q2 2026, up 8.96% on a YoY basis from $16.1 billion in Q2 2025, and down 42.65% quarter-over-quarter from $30.6 billion in Q1 2026.

Target (TGT) Invested Capital (2009 - 2026) Analysis & Trends

Target has reported Invested Capital for 18 years, with the latest figure at $17.5 billion in Q2 2026.

  • For the quarter ending Q2 2026, Invested Capital rose 8.96% year-over-year to $17.5 billion; the trailing twelve-month figure through May 2026 stood at $17.5 billion (up 8.96% YoY), and the FY2026 full-year result was $30.6 billion, up 6.98% from the prior year.
  • Invested Capital for Q2 2026 stood at $17.5 billion, down from $30.6 billion in the prior quarter.
  • The five-year high for Invested Capital was $30.6 billion in Q1 2026, with the low at $11.8 billion in Q2 2023.
  • Historically, Invested Capital has averaged $18.2 billion across 5 years, with a median of $16.3 billion in 2024.
  • Annual changes were most pronounced in 2022 — Invested Capital declined 26.46% — and 2024, when it jumped 39.38%.
  • Target's Invested Capital stood at $13.2 billion in 2022, then gained by 3.02% to $13.6 billion in 2023, then climbed by 18.33% to $16.1 billion in 2024, then climbed by 3.16% to $16.6 billion in 2025, then gained by 5.37% to $17.5 billion in 2026.
  • The last three Invested Capital figures came in at $17.5 billion (Q2 2026), $30.6 billion (Q1 2026), and $16.6 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Walmart 948.87 Bn 944.49 Bn 42.63 Bn 111.36 Bn
2 Costco Wholesale 430.50 Bn 412.26 Bn 8.88 Bn 32.09 Bn
3 Target 57.41 Bn 53.87 Bn 7.38 Bn 17.53 Bn
4 Dollar General 24.07 Bn 22.93 Bn 3.32 Bn 8.71 Bn
5 Dollar Tree 22.05 Bn 21.05 Bn 1.83 Bn 3.51 Bn
6 BJ's Wholesale Club Holdings 11.52 Bn 11.49 Bn 1.03 Bn 2.53 Bn
7 Pricesmart 5.32 Bn 5.02 Bn 265.07 Mn 1.50 Bn
8 Ollie's Bargain Outlet Holdings 4.78 Bn 4.48 Bn 310.92 Mn 1.89 Bn
9 Bbb Foods 22.39 Mn -214.25 Mn 210.92 Mn -

Historic Data

Download Data
DateValue
May 2, 2026 17.53 Bn
Jan 31, 2026 30.56 Bn
Nov 1, 2025 16.63 Bn
Aug 2, 2025 16.56 Bn
May 3, 2025 16.09 Bn
Feb 1, 2025 28.57 Bn
Nov 2, 2024 16.12 Bn
Aug 3, 2024 16.07 Bn
May 4, 2024 16.45 Bn
Feb 3, 2024 27.58 Bn
Oct 28, 2023 13.63 Bn
Jul 29, 2023 13.10 Bn
Apr 29, 2023 11.81 Bn
Jan 28, 2023 25.37 Bn
Oct 29, 2022 13.23 Bn
Jul 30, 2022 12.24 Bn
Apr 30, 2022 11.86 Bn
Jan 29, 2022 24.40 Bn
Oct 30, 2021 14.98 Bn
Jul 31, 2021 16.05 Bn