Target (TGT) Tax Provisions (2009 - 2026)
Target's Tax Provisions was $582 million in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 105.7% from $283 million a year earlier and up 131.0% from the prior quarter.
Target (TGT) Tax Provisions (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Target's Tax Provisions was $1.27 billion through Aug 1, 2026, up 8.4% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $1.06 billion, down 9.2% from FY2025.
- Tax Provisions shows a five-year compound annual growth rate of -2.1% (FY2021 to FY2026).
- In earlier fiscal years, Tax Provisions was $1.17 billion in FY2025 (+0.9%), $1.16 billion in FY2024 (+81.7%), $638 million in FY2023 (-67.5%) and $1.96 billion in FY2022 (+66.5%).
- The fiscal Q2 2027 figure marks the highest quarterly Tax Provisions since fiscal Q4 2016.
- Compared with a year earlier, Tax Provisions was higher in two of the last eight quarters, with growth averaging 0.9%.
- The best year-over-year quarter for Tax Provisions over five years was fiscal Q2 2024 (growth of 597.1%); the worst was fiscal Q2 2023 (a decline of 93.9%).
- Per Business Quant data, TGT's Tax Provisions in the three fiscal quarters before Q2 2027 was $252 million (Q1 2027), $263 million (Q4 2026) and $170 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 18.20 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 1.55 Bn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 498.00 Mn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 776.00 Mn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 283.46 Mn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 582.00 Mn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 209.01 Mn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 66.00 Mn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 171.78 Mn |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | -291.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 582.00 Mn |
| 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 |
Target Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=TGT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "TGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=TGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();