Target (TGT) Operating Leases (2017 - 2026)
Target (TGT) reported Operating Leases of $3.33 billion for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 5.2% from $3.51 billion a year earlier and down 2.5% from the prior quarter.
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Analysis
Target (TGT) Operating Leases (2017 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Target posted Operating Leases of $3.46 billion, down 3.4% from FY2025.
- Operating Leases has a five-year compound annual growth rate of 9.3% (FY2021 to FY2026).
- By fiscal year, Operating Leases came in at $3.58 billion in FY2025 (+9.2%), $3.28 billion in FY2024 (+24.3%), $2.64 billion in FY2023 (+5.8%) and $2.49 billion in FY2022 (+12.4%).
- The fiscal Q2 2027 figure ranks as the lowest quarterly Operating Leases since fiscal Q4 2024.
- Year over year, Operating Leases has now declined in each of the last three quarters, with growth averaging 2.5% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was fiscal Q1 2025 (growth of 29.4%); the low point was fiscal Q2 2027 (a decline of 5.2%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $3.42 billion (Q1 2027), $3.46 billion (Q4 2026) and $3.54 billion (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn |
| 10 | JD.com | 32.28 Bn | -77.90 Bn | 8.71 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 3.33 Bn |
| May 2, 2026 | 3.42 Bn |
| Jan 31, 2026 | 3.46 Bn |
| Nov 1, 2025 | 3.54 Bn |
| Aug 2, 2025 | 3.51 Bn |
| May 3, 2025 | 3.56 Bn |
| Feb 1, 2025 | 3.58 Bn |
| Nov 2, 2024 | 3.42 Bn |
| Aug 3, 2024 | 3.44 Bn |
| May 4, 2024 | 3.39 Bn |
| Feb 3, 2024 | 3.28 Bn |
| Oct 28, 2023 | 3.03 Bn |
| Jul 29, 2023 | 2.80 Bn |
| Apr 29, 2023 | 2.62 Bn |
| Jan 28, 2023 | 2.64 Bn |
| Oct 29, 2022 | 2.59 Bn |
| Jul 30, 2022 | 2.54 Bn |
| Apr 30, 2022 | 2.58 Bn |
| Jan 29, 2022 | 2.49 Bn |
| Oct 30, 2021 | 2.49 Bn |
API Access
Target Operating Leases 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=operating-leases&ticker=TGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();