Target (TGT) Invested Capital (2010 - 2026)

Target's Invested Capital history runs 17 years deep, the most recent figure standing at $1.1 billion for Q2 2026.

• Quarterly Invested Capital fell 0.53% year-over-year to $1.1 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $5.5 billion (down 8.56% YoY) and the FY2026 annual result came in at $2.1 billion, up 30.2% from the prior year.
• Invested Capital was $1.1 billion for Q2 2026 at Target, down from $2.1 billion in the prior quarter.
• Across five years, Invested Capital topped out at $2.6 billion in Q2 2024 and bottomed at $130.0 million in Q1 2023.
• A 5-year average of $1.3 billion and a median of $1.1 billion in 2025 frame the typical range for Invested Capital.
• Annual changes were most pronounced in 2022 — Invested Capital sank 85.05% — and 2024, when it jumped 1207.0%.
• Target's Invested Capital stood at $2.2 billion in 2022, then sank by 49.61% to $1.1 billion in 2023, then soared by 47.03% to $1.6 billion in 2024, then plunged by 30.7% to $1.1 billion in 2025, then changed by 0.0% to $1.1 billion in 2026.
• Business Quant data shows TGT's Invested Capital at $1.1 billion in Q2 2026, $2.1 billion in Q1 2026, and $1.1 billion in Q4 2025.