Target (TGT) Operating Leases (2017 - 2026)
Target's (TGT) quarterly Operating Leases came in at $3.4 billion in Q2 2026, down 4.15% YoY from $3.6 billion in Q2 2025, and down 1.33% on a QoQ basis from $3.5 billion in Q1 2026.
Target (TGT) Operating Leases (2017 - 2026) Analysis & Trends
Target (TGT) has 10 years of Operating Leases data on file, last reported at $3.4 billion in Q2 2026.
- Quarterly Operating Leases fell 4.15% year-over-year to $3.4 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $3.4 billion (down 4.15% YoY) and the FY2026 annual result came in at $3.5 billion, down 3.35% from the prior year.
- Operating Leases fell to $3.4 billion in Q2 2026, from $3.5 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $5.6 billion in Q1 2024 to a low of $2.5 billion in Q3 2022.
- A 5-year average of $3.5 billion and a median of $3.4 billion in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2024 — Operating Leases increased 29.42% — and 2025, when it tumbled 36.27%.
- Tracing TGT's Operating Leases over 5 years: stood at $2.6 billion in 2022, then rose by 17.03% to $3.0 billion in 2023, then increased by 12.77% to $3.4 billion in 2024, then gained by 3.63% to $3.5 billion in 2025, then fell by 3.56% to $3.4 billion in 2026.
- The last three Operating Leases figures came in at $3.4 billion (Q2 2026), $3.5 billion (Q1 2026), and $3.5 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walmart | 828.54 Bn | 817.81 Bn | 44.69 Bn |
| 2 | Costco Wholesale | 414.96 Bn | 394.96 Bn | 9.01 Bn |
| 3 | Target | 72.00 Bn | 68.46 Bn | 7.38 Bn |
| 4 | Dollar General | 26.64 Bn | 25.29 Bn | 3.41 Bn |
| 5 | Dollar Tree | 25.25 Bn | 24.24 Bn | 1.83 Bn |
| 6 | BJ's Wholesale Club Holdings | 11.76 Bn | 11.73 Bn | 1.03 Bn |
| 7 | Bbb Foods | 5.91 Bn | 5.23 Bn | 250.62 Mn |
| 8 | Pricesmart | 5.12 Bn | 4.80 Bn | 262.22 Mn |
| 9 | Ollie's Bargain Outlet Holdings | 4.56 Bn | 4.31 Bn | 275.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 5.62 Bn |
| Oct 28, 2023 | 3.03 Bn |
| Jul 29, 2023 | 2.80 Bn |
| Apr 29, 2023 | 2.62 Bn |
| Jan 28, 2023 | 5.01 Bn |
| Oct 29, 2022 | 2.59 Bn |
| Jul 30, 2022 | 2.54 Bn |
| Apr 30, 2022 | 2.58 Bn |
| Jan 29, 2022 | 4.82 Bn |
| Oct 30, 2021 | 2.49 Bn |
| Jul 31, 2021 | 2.46 Bn |