Growth Metrics

Target (TGT) Return on Capital Employed (2016 - 2026)

Target filings provide 18 years of Return on Capital Employed readings, the most recent being 13.29% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 161.0% to 13.29% in Q1 2026 year-over-year; TTM through Jan 2026 was 13.29%, a 161.0% decrease, with the full-year FY2026 number at 13.68%, down 188.0% from a year prior.
  • Return on Capital Employed hit 13.29% in Q1 2026 for Target, down from 13.81% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 27.64% in Q1 2022 to a low of 10.98% in Q2 2023.
  • Median Return on Capital Employed over the past 5 years was 15.12% (2025), compared with a mean of 16.27%.
  • Biggest five-year swings in Return on Capital Employed: skyrocketed 643bps in 2022 and later crashed -1664bps in 2023.
  • Target's Return on Capital Employed stood at 15.81% in 2022, then decreased by -5bps to 15.06% in 2023, then grew by 12bps to 16.81% in 2024, then dropped by -18bps to 13.81% in 2025, then dropped by -4bps to 13.29% in 2026.
  • The last three reported values for Return on Capital Employed were 13.29% (Q1 2026), 13.81% (Q4 2025), and 14.35% (Q3 2025) per Business Quant data.