KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeProfit After TaxRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
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Ratios

Target (TGT) Tax Rate (2016 - 2026)

Target (TGT) has disclosed Tax Rate for 18 consecutive years, with 20.11% as the latest value for Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 144.0% year-over-year to 20.11%, compared with a TTM value of 22.28% through Jan 2026, up 4.0%, and an annual FY2026 reading of 22.28%, up 4.0% over the prior year.
  • Tax Rate was 20.11% for Q1 2026 at Target, up from 19.79% in the prior quarter.
  • Across five years, Tax Rate topped out at 25.04% in Q2 2025 and bottomed at 15.67% in Q3 2022.
  • Average Tax Rate over 5 years is 21.21%, with a median of 21.67% recorded in 2022.
  • The sharpest move saw Tax Rate crashed -767bps in 2022, then skyrocketed 644bps in 2023.
  • Year by year, Tax Rate stood at 21.67% in 2022, then dropped by -1bps to 21.38% in 2023, then increased by 2bps to 21.72% in 2024, then dropped by -9bps to 19.79% in 2025, then grew by 2bps to 20.11% in 2026.
  • Business Quant data shows Tax Rate for TGT at 20.11% in Q1 2026, 19.79% in Q4 2025, and 23.23% in Q3 2025.