Target TGT
NYSE TGT
$155.76 -1.76 (-1.12%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%