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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Target (TGT) Net Margin (2016 - 2026)

Target (TGT) has disclosed Net Margin for 18 consecutive years, with 3.43% as the latest value for Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 14.0% year-over-year to 3.43%, compared with a TTM value of 3.54% through Jan 2026, down 30.0%, and an annual FY2026 reading of 3.54%, down 30.0% over the prior year.
  • Net Margin was 3.43% for Q1 2026 at Target, up from 2.73% in the prior quarter.
  • Across five years, Net Margin topped out at 4.96% in Q1 2022 and bottomed at 0.7% in Q3 2022.
  • Average Net Margin over 5 years is 3.53%, with a median of 3.71% recorded in 2025.
  • The sharpest move saw Net Margin crashed -652bps in 2022, then soared 267bps in 2023.
  • Year by year, Net Margin stood at 2.68% in 2022, then skyrocketed by 42bps to 3.82% in 2023, then decreased by -13bps to 3.33% in 2024, then decreased by -18bps to 2.73% in 2025, then rose by 26bps to 3.43% in 2026.
  • Business Quant data shows Net Margin for TGT at 3.43% in Q1 2026, 2.73% in Q4 2025, and 3.71% in Q3 2025.