Target (TGT) Operating Leases (2017 - 2026)

Target (TGT) reported Operating Leases of $3.4 billion for Q2 2026, down 4.15% on a YoY basis from $3.6 billion in Q2 2025, and down 1.33% quarter-over-quarter from $3.5 billion in Q1 2026.

Target (TGT) Operating Leases (2017 - 2026) Analysis & Trends

Target has reported Operating Leases for 10 years, with the latest figure at $3.4 billion in Q2 2026.

  • For the quarter ending Q2 2026, Operating Leases fell 4.15% year-over-year to $3.4 billion; the trailing twelve-month figure through May 2026 stood at $3.4 billion (down 4.15% YoY), and the FY2026 full-year result was $3.5 billion, down 43.21% from the prior year.
  • Operating Leases for Q2 2026 stood at $3.4 billion, down from $3.5 billion in the prior quarter.
  • The five-year high for Operating Leases was $6.1 billion in Q1 2025, with the low at $2.5 billion in Q1 2022.
  • Historically, Operating Leases has averaged $3.4 billion across 5 years, with a median of $3.4 billion in 2024.
  • Annual changes were most pronounced in 2024 — Operating Leases soared 113.08% — and 2026, when it sank 43.21%.
  • Target's Operating Leases 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 956.84 Bn 952.46 Bn 42.63 Bn
2 Costco Wholesale 432.83 Bn 414.59 Bn 8.88 Bn
3 Target 56.21 Bn 52.67 Bn 7.38 Bn
4 Dollar General 23.49 Bn 22.35 Bn 3.32 Bn
5 Dollar Tree 21.20 Bn 20.20 Bn 1.83 Bn
6 BJ's Wholesale Club Holdings 11.80 Bn 11.77 Bn 1.03 Bn
7 Pricesmart 5.36 Bn 5.05 Bn 265.07 Mn
8 Ollie's Bargain Outlet Holdings 4.83 Bn 4.53 Bn 310.92 Mn
9 Bbb Foods 22.42 Mn -214.22 Mn 210.92 Mn

Historic Data

Download Data
DateValue
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 6.10 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 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
Jul 31, 2021 2.46 Bn