Target (TGT) Payout Ratio (2009 - 2026)

Target (TGT) has reported Payout Ratio for 18 consecutive years, with 0.29 the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Payout Ratio fell 49.24% year-over-year to 0.29; the trailing twelve-month figure through Aug 2026 stood at 0.48 (down 8.8% YoY), and the FY2026 full-year result was 0.56, up 11.28% from the prior year.
• Payout Ratio retreated to 0.29 in Q3 2026 per TGT's latest filing, from 0.67 in the prior quarter.
• Across five years, Payout Ratio topped out at 2.74 in Q3 2022 and bottomed at 0.28 in Q1 2022.
• Historically, Payout Ratio has averaged 0.64 across 5 years, with a median of 0.53 in 2023.
• The sharpest annual moves came in 2022 and 2023: Payout Ratio soared 1020.08% in 2022, then tumbled 77.47% in 2023.
• Over 5 years, Payout Ratio stood at 0.71 in 2022, then slipped by 25.07% to 0.53 in 2023, then climbed by 15.47% to 0.61 in 2024, then gained by 25.14% to 0.76 in 2025, then plunged by 62.39% to 0.29 in 2026.
• According to Business Quant data, Payout Ratio over the past three periods registered 0.29, 0.67, and 0.49 for Q3 2026, Q2 2026, and Q1 2026 respectively.