Target Corporation TGT

156.70 0.01 0.01% as of 1 Oct
Market cap
$70.9B
P/E
16.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Target Corporation (TGT) 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 34.8%.

Gross margin, annual

Embed this chart

Annual

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

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 25

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 34.8%
Market median 46.3%

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