Target (TGT) Net Margin (2009 - 2026)
Target's (TGT) quarterly Net Margin came in at 7.07% in Q3 2026, up 336.0% on a YoY basis from 1.62% in Q3 2025, and up 130.41% quarter-over-quarter from 3.07% in Q2 2026.
Analysis
Target (TGT) Net Margin (2009 - 2026) Analysis & Trends
Target (TGT) has reported Net Margin for 18 consecutive years, with 7.07% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Net Margin rose 336.0% year-over-year to 7.07%; the trailing twelve-month figure through Aug 2026 stood at 4.11% (up 35.0% YoY), and the FY2026 full-year result was 3.57%, down 31.0% from the prior year.
- Net Margin advanced to 7.07% in Q3 2026 per TGT's latest filing, from 3.07% in the prior quarter.
- Across five years, Net Margin topped out at 7.07% in Q3 2026 and bottomed at 0.7% in Q3 2022.
- Historically, Net Margin has averaged 3.71% across 5 years, with a median of 3.71% in 2025.
- The sharpest annual moves came in 2022 and 2026: Net Margin plunged 652 bps in 2022, then jumped 336 bps in 2026.
- Over 5 years, Net Margin stood at 2.68% in 2022, then jumped by 42 bps to 3.82% in 2023, then declined by 13 bps to 3.33% in 2024, then declined by 18 bps to 2.73% in 2025, then soared by 159 bps to 7.07% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.07%, 3.07%, and 3.54% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Target | 70.81 Bn | 65.40 Bn | 8.94 Bn | 7.07% |
| 2 | Five Below | 13.31 Bn | 12.12 Bn | 612.42 Mn | 17.55% |
| 3 | Ollie's Bargain Outlet Holdings | 4.32 Bn | 4.14 Bn | 322.17 Mn | 11.53% |
| 4 | MINISO Group Holding | 2.77 Bn | 1.69 Bn | 387.56 Mn | -4.96% |
| 5 | Savers Value Village | 1.48 Bn | 1.39 Bn | 254.92 Mn | 4.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 7.07% |
| May 2, 2026 | 3.07% |
| Jan 31, 2026 | 3.54% |
| Nov 1, 2025 | 2.73% |
| Aug 2, 2025 | 3.71% |
| May 3, 2025 | 4.34% |
| Feb 1, 2025 | 3.69% |
| Nov 2, 2024 | 3.33% |
| Aug 3, 2024 | 4.68% |
| May 4, 2024 | 3.84% |
| Feb 3, 2024 | 4.34% |
| Oct 28, 2023 | 3.82% |
| Jul 29, 2023 | 3.37% |
| Apr 29, 2023 | 3.75% |
| Jan 28, 2023 | 2.79% |
| Oct 29, 2022 | 2.68% |
| Jul 30, 2022 | 0.70% |
| Apr 30, 2022 | 4.01% |
| Jan 29, 2022 | 4.98% |
| Oct 30, 2021 | 5.80% |