Growth Metrics

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

Target (TGT) has disclosed Return on Invested Capital for 18 consecutive years, with 0.23% as the latest value for Q1 2026.

  • For the quarter ending Q1 2026, Return on Invested Capital rose 3.0% year-over-year to 0.23%, compared with a TTM value of 0.23% through Jan 2026, up 3.0%, and an annual FY2026 reading of 0.17%, up 2.0% over the prior year.
  • Return on Invested Capital was 0.23% for Q1 2026 at Target, down from 0.24% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.37% in Q3 2022 and bottomed at 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.
  • The sharpest move saw Return on Invested Capital increased 9bps in 2022, then fell -19bps in 2023.
  • Year by year, Return on Invested Capital stood at 0.29% in 2022, then grew by 1bps to 0.3% in 2023, then decreased by -4bps to 0.29% in 2024, then dropped by -15bps to 0.24% in 2025, then decreased by -6bps to 0.23% in 2026.
  • Business Quant data shows Return on Invested Capital for TGT at 0.23% in Q1 2026, 0.24% in Q4 2025, and 0.26% in Q3 2025.