Target (TGT) Tax Provisions (2009 - 2026)
Target's (TGT) quarterly Tax Provisions came in at $252.0 million in Q2 2026, down 27.17% YoY from $346.0 million in Q2 2025, and down 4.18% on a QoQ basis from $263.0 million in Q1 2026.
Target (TGT) Tax Provisions (2009 - 2026) Analysis & Trends
Target (TGT) has 18 years of Tax Provisions data on file, last reported at $252.0 million in Q2 2026.
- Quarterly Tax Provisions fell 27.17% year-over-year to $252.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $968.0 million (down 21.87% YoY) and the FY2026 annual result came in at $1.1 billion, down 9.23% from the prior year.
- Tax Provisions retreated to $252.0 million in Q2 2026, from $263.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $473.0 million in Q1 2022 to a low of $34.0 million in Q3 2022.
- A 5-year average of $264.1 million and a median of $258.5 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions tumbled 93.85% — and 2023, when it soared 597.06%.
- Tracing TGT's Tax Provisions over 5 years: stood at $197.0 million in 2022, then surged by 34.01% to $264.0 million in 2023, then decreased by 10.23% to $237.0 million in 2024, then declined by 28.27% to $170.0 million in 2025, then surged by 48.24% to $252.0 million in 2026.
- The last three Tax Provisions figures came in at $252.0 million (Q2 2026), $263.0 million (Q1 2026), and $170.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 828.54 Bn | 817.81 Bn | 44.69 Bn | 1.66 Bn |
| 2 | Costco Wholesale | 414.96 Bn | 394.96 Bn | 9.01 Bn | 746.00 Mn |
| 3 | Target | 72.00 Bn | 68.46 Bn | 7.38 Bn | 252.00 Mn |
| 4 | Dollar General | 26.64 Bn | 25.29 Bn | 3.41 Bn | 147.15 Mn |
| 5 | Dollar Tree | 25.25 Bn | 24.24 Bn | 1.83 Bn | 115.10 Mn |
| 6 | BJ's Wholesale Club Holdings | 11.76 Bn | 11.73 Bn | 1.03 Bn | 52.82 Mn |
| 7 | Bbb Foods | 5.91 Bn | 5.23 Bn | 250.62 Mn | -11.92 Mn |
| 8 | Pricesmart | 5.12 Bn | 4.80 Bn | 262.22 Mn | 15.45 Mn |
| 9 | Ollie's Bargain Outlet Holdings | 4.56 Bn | 4.31 Bn | 275.96 Mn | 18.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 252.00 Mn |
| Jan 31, 2026 | 263.00 Mn |
| Nov 1, 2025 | 170.00 Mn |
| Aug 2, 2025 | 283.00 Mn |
| May 3, 2025 | 346.00 Mn |
| Feb 1, 2025 | 303.00 Mn |
| Nov 2, 2024 | 237.00 Mn |
| Aug 3, 2024 | 353.00 Mn |
| May 4, 2024 | 277.00 Mn |
| Feb 3, 2024 | 404.00 Mn |
| Oct 28, 2023 | 264.00 Mn |
| Jul 29, 2023 | 237.00 Mn |
| Apr 29, 2023 | 254.00 Mn |
| Jan 28, 2023 | 167.00 Mn |
| Oct 29, 2022 | 197.00 Mn |
| Jul 30, 2022 | 34.00 Mn |
| Apr 30, 2022 | 240.00 Mn |
| Jan 29, 2022 | 473.00 Mn |
| Oct 30, 2021 | 423.00 Mn |
| Jul 31, 2021 | 553.00 Mn |