Growth Metrics

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

Target's Return on Invested Capital history spans 18 years, with the latest figure at 0.17% for Q1 2026.

  • For Q1 2026, Return on Invested Capital fell 3.0% year-over-year to 0.17%; the TTM value through Jan 2026 reached 0.17%, down 3.0%, while the annual FY2026 figure was 0.13%, 2.0% down from the prior year.
  • Return on Invested Capital reached 0.17% in Q1 2026 per TGT's latest filing, down from 0.24% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 0.38% in Q3 2022 to a low of 0.16% in Q1 2023.
  • Average Return on Invested Capital over 5 years is 0.26%, with a median of 0.26% recorded in 2025.
  • Peak YoY movement for Return on Invested Capital: increased 9bps in 2022, then fell -19bps in 2023.
  • A 5-year view of Return on Invested Capital shows it stood at 0.29% in 2022, then grew by 1bps to 0.3% in 2023, then dropped by -4bps to 0.29% in 2024, then dropped by -15bps to 0.24% in 2025, then tumbled by -31bps to 0.17% in 2026.
  • Per Business Quant, the three most recent readings for TGT's Return on Invested Capital are 0.17% (Q1 2026), 0.24% (Q4 2025), and 0.26% (Q3 2025).