Target (TGT) Net Margin (2009 - 2026)
Target (TGT) posted Net Margin of 7.07% for fiscal Q2 2027 (quarter ended Aug 1, 2026), up 3.36 percentage points from 3.71% a year earlier and up 4.00 percentage points from the prior quarter.
Target (TGT) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Aug 1, 2026, Net Margin at Target was 4.08%, up 0.36 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 3.54%, down 0.30 percentage points from FY2025.
- Annual Net Margin shows a five-year change of -1.13 percentage points (FY2021 to FY2026).
- In prior fiscal years, Target's Net Margin was 3.84% in FY2025 (-0.01 pp), 3.85% in FY2024 (+1.30 pp), 2.55% in FY2023 (-4.00 pp) and 6.55% in FY2022 (+1.88 pp).
- The fiscal Q2 2027 figure stands as the highest quarterly Net Margin since fiscal Q2 2022.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -0.05 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q2 2027, with a gain of 3.36 percentage points; the weakest was fiscal Q2 2023, with a drop of 6.52 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 3.07% (Q1 2027), 3.43% (Q4 2026) and 2.73% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,979.57 Bn | 2,476.24 Bn | 107.37 Bn | 10.24% |
| 2 | Home Depot | 350.34 Bn | 343.58 Bn | 16.12 Bn | 9.96% |
| 3 | Tjx Companies | 150.76 Bn | 128.31 Bn | 5.07 Bn | 10.01% |
| 4 | Lowes Companies | 130.11 Bn | 123.07 Bn | 8.58 Bn | 9.24% |
| 5 | Carvana | 80.38 Bn | 71.27 Bn | 1.52 Bn | 3.59% |
| 6 | Ross Stores | 76.38 Bn | 59.31 Bn | 2.12 Bn | 13.59% |
| 7 | Target | 73.52 Bn | 68.11 Bn | 8.94 Bn | 7.07% |
| 8 | O Reilly Automotive | 71.92 Bn | 71.02 Bn | 2.68 Bn | 15.34% |
| 9 | Autozone | 52.04 Bn | 50.89 Bn | 3.52 Bn | 14.13% |
| 10 | JD.com | 34.34 Bn | -76.55 Bn | 8.74 Bn | 2.06% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 7.07% |
| May 2, 2026 | 3.07% |
| Jan 31, 2026 | 3.43% |
| Nov 1, 2025 | 2.73% |
| Aug 2, 2025 | 3.71% |
| May 3, 2025 | 4.34% |
| Feb 1, 2025 | 3.57% |
| Nov 2, 2024 | 3.33% |
| Aug 3, 2024 | 4.68% |
| May 4, 2024 | 3.84% |
| Feb 3, 2024 | 4.33% |
| 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% |
Target Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();