Pricing Log in Create free account
Friday 23 October 2026 Export TGT’s income statement to Excel — free account

Target Corporation

TGT Consumer Defensive Discount Stores

Target Corporation’s revenue for fiscal 2026 (year ended January 2026) was $104.8 billion, down 1.68% from fiscal 2025. In the quarter to July 2026, revenue grew 5.27%, EPS grew 100.5%, free cash flow grew 141.2% and total debt fell 6.68%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

152.54 5.57 −3.52%
Market cap
$71.8B
P/E
16.3×
Fwd P/E
14.8×
Dividend yield
2.90%
F-score
6/9
Altman Z
2.90
Beneish M
n/a
Dividend safety
73/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Target Corporation (TGT) Gross margin

Alert me on Gross margin

Target Corporation's gross margin over the twelve months to 31 July 2026 was 29.3%, up 1.4 percentage points from fiscal 2026 (27.9%). Over the past ten years it has ranged from 24.6% (fiscal 2023) to 30.1% (fiscal 2017); the current reading is higher than 25% of that period. That is above the Discount Stores industry median of 27.3% and below the Consumer Defensive sector median of 35.0%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2026 27.9% (0.28)
FY2025 28.2% 0.67
FY2024 27.5% 2.97
FY2023 24.6% (4.71)
FY2022 29.3% 0.01
FY2021 29.3% (0.49)
FY2020 29.8% 0.49
FY2019 29.3% (0.42)
FY2018 29.7% (0.37)
FY2017 30.1% 0.86

Quarterly newest first

Period Gross margin Change (points)
Jul 2026 33.7% 4.66
Apr 2026 29.0% 2.38
Jan 2026 26.6% (1.60)
Oct 2025 28.2% (0.76)
43 more quarters

Against its own ten years

Low 24.6% High 30.1%
Ten-year median 29.3%
Current reading's percentile 65

Gross margin against peers

Company Gross margin
OLLI Ollie's Bargain Outlet Holdings, Inc. compare 41.6%
DLTR Dollar Tree, Inc. compare 38.7%
DG Dollar General Corporation compare 31.2%
TGT Target Corporation 29.3%
WMT Walmart Inc. compare 25.2%
BJ BJ's Wholesale Club Holdings, Inc. compare 18.2%
PSMT PriceSmart, Inc. compare 17.6%
TBBB BBB Foods Inc. compare 16.4%
COST Costco Wholesale Corporation compare 12.8%
Discount Stores industry median 27.3%
Consumer Defensive sector median 35.0%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on TGT