Target (TGT) Payout Ratio (2009 - 2026)
Target's (TGT) Payout Ratio stood at 0.47 in fiscal Q2 2027 (quarter ended Aug 1, 2026), down 9.7% from 0.52 a year earlier and down 21.1% from the prior quarter.
Target (TGT) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Target's Payout Ratio came in at 0.55, up 10.8% from FY2025.
- Across earlier fiscal years, Payout Ratio came in at 0.50 in FY2025 (+2.9%), 0.49 in FY2024 (-26.4%), 0.66 in FY2023 (+196.3%) and 0.22 in FY2022 (-27.5%).
- The fiscal Q2 2027 figure is the lowest quarterly Payout Ratio since fiscal Q3 2025.
- On a year-over-year basis, Payout Ratio rose in five of the last eight quarters, with growth averaging 5.3%.
- Peak year-over-year performance for Payout Ratio in the last five years was growth of 196.3% in fiscal Q4 2023, against a decline of 38.6% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.60 (Q1 2027), 0.55 (Q4 2026) and 0.54 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 0.47 |
| May 2, 2026 | 0.60 |
| Jan 31, 2026 | 0.55 |
| Nov 1, 2025 | 0.54 |
| Aug 2, 2025 | 0.52 |
| May 3, 2025 | 0.49 |
| Feb 1, 2025 | 0.50 |
| Nov 2, 2024 | 0.47 |
| Aug 3, 2024 | 0.45 |
| May 4, 2024 | 0.49 |
| Feb 3, 2024 | 0.49 |
| Oct 28, 2023 | 0.55 |
| Jul 29, 2023 | 0.59 |
| Apr 29, 2023 | 0.70 |
| Jan 28, 2023 | 0.66 |
| Oct 29, 2022 | 0.51 |
| Jul 30, 2022 | 0.41 |
| Apr 30, 2022 | 0.28 |
| Jan 29, 2022 | 0.22 |
| Oct 30, 2021 | 0.21 |
Target Payout Ratio 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=payout-ratio&ticker=TGT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();