Last 47 quarters of trend data · Consumer Defensive · Discount Stores
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Target Corporation's quarterly P/E stands at 8.8x, down 38.2% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 46.3% YoY to 4.7x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 15.49 | 8.85 | 15.35 | 12.17 | 10.72 | 14.31 | 20.38 | 13.54 | 19.46 | 12.21 | 12.77 | 18.75 | 19.24 |
| — | -38.2% | -24.7% | -10.1% | -44.9% | +17.2% | +59.7% | -27.8% | +1.2% | -45.2% | -53.1% | -82.1% | -27.3% | |
| P/S Ratio | 0.55 | 0.38 | 0.42 | 0.45 | 0.47 | 0.51 | 0.68 | 0.63 | 0.75 | 0.53 | 0.49 | 0.63 | 0.72 |
| — | -25.2% | -38.3% | -28.9% | -37.6% | -3.1% | +38.9% | +0.6% | +3.6% | -15.0% | -33.2% | -13.4% | -32.1% | |
| P/B Ratio | 3.55 | 3.02 | 2.73 | 2.95 | 2.97 | 4.31 | 4.80 | 4.47 | 5.30 | 5.02 | 3.96 | 5.21 | 6.29 |
| — | -29.9% | -43.3% | -34.1% | -43.9% | -14.1% | +21.2% | -14.2% | -15.8% | -27.7% | -43.6% | -27.2% | -36.6% | |
| P/FCF | 20.23 | 5.34 | 70.89 | 11.26 | — | 6.68 | 207.18 | 10.09 | 42.92 | 6.92 | 15.37 | 17.10 | — |
| — | -20.1% | -65.8% | +11.7% | — | -3.4% | +1248.2% | -41.0% | — | -19.8% | — | — | — | |
| EV / EBITDA | 7.26 | 4.71 | 8.49 | 7.31 | 6.71 | 8.77 | 11.13 | 8.38 | 11.07 | 8.02 | 8.18 | 10.59 | 11.34 |
| — | -46.3% | -23.7% | -12.8% | -39.4% | +9.3% | +36.1% | -20.8% | -2.4% | -37.2% | -41.9% | -55.4% | -25.2% | |
| EV / EBIT | 11.23 | 6.44 | 15.01 | 11.45 | 10.11 | 13.09 | 17.89 | 12.05 | 16.83 | 10.99 | 12.43 | 16.42 | 16.75 |
| — | -50.8% | -16.1% | -5.0% | -39.9% | +19.1% | +43.9% | -26.6% | +0.5% | -45.7% | -46.2% | -76.6% | -25.8% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Target Corporation's operating margin was 5.9% in Q4 2025, up 2.1 pp QoQ and up 1.1 pp YoY. Gross margin contracted 4.9% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.9% | 24.7% | 28.2% | 29.0% | 28.2% | 26.0% | 28.3% | 30.0% | 28.9% | 26.7% | 28.5% | 28.2% | 27.4% |
| — | -4.9% | -0.3% | -3.3% | -2.4% | -2.6% | -0.8% | +6.4% | +5.4% | +12.4% | +10.7% | +24.4% | +2.8% | |
| Operating Margin | 4.9% | 5.9% | 3.8% | 5.2% | 6.2% | 4.7% | 4.6% | 6.4% | 5.3% | 5.8% | 5.2% | 4.8% | 5.2% |
| — | +23.4% | -17.6% | -18.7% | +16.8% | -18.8% | -12.2% | +32.9% | +0.7% | +58.3% | +34.5% | +291.9% | -1.9% | |
| Net Margin | 3.5% | 4.3% | 2.7% | 3.7% | 4.3% | 3.6% | 3.3% | 4.7% | 3.8% | 4.3% | 3.8% | 3.4% | 3.8% |
| — | +21.4% | -18.0% | -20.8% | +13.1% | -17.6% | -13.0% | +38.9% | +2.4% | +55.2% | +42.4% | +379.6% | -6.4% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 24.0% | 8.7% | 4.5% | 6.2% | 7.0% | 7.6% | 5.9% | 8.4% | 6.9% | 10.7% | 7.9% | 7.1% | 8.3% |
| — | +15.4% | -24.5% | -27.0% | +1.3% | -29.0% | -25.5% | +19.2% | -17.0% | +35.3% | +20.3% | +313.2% | -2.7% | |
| ROA | 6.3% | 2.3% | 1.2% | 1.6% | 1.8% | 1.9% | 1.5% | 2.1% | 1.7% | 2.5% | 1.8% | 1.6% | 1.8% |
| — | +22.0% | -21.6% | -23.6% | +6.6% | -23.4% | -16.0% | +35.4% | -5.3% | +54.0% | +34.7% | +347.4% | -6.6% | |
| ROIC | 16.7% | 5.8% | 2.3% | 3.2% | 3.6% | 3.7% | 2.9% | 4.1% | 3.3% | 4.7% | 3.4% | 3.1% | 3.5% |
| — | +59.9% | -22.3% | -23.0% | +10.1% | -23.1% | -13.2% | +34.1% | -5.4% | +56.2% | +23.1% | +244.2% | -13.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Target Corporation's Debt/EBITDA ratio is 2.2x, down from 11.6x last quarter — at a moderate level that warrants monitoring. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.35 | 0.35 | 1.29 | 1.30 | 1.27 | 1.36 | 1.34 | 1.30 | 1.41 | 1.46 | 1.52 | 1.57 | 1.62 |
| — | -74.5% | -3.4% | -0.3% | -9.6% | -7.3% | -11.9% | -17.3% | -13.2% | -13.9% | -12.0% | -5.7% | +2.5% | |
| Debt / EBITDA | 0.71 | 2.15 | 11.64 | 9.56 | 8.43 | 8.90 | 10.09 | 7.88 | 9.68 | 7.57 | 9.33 | 10.02 | 9.44 |
| — | -75.8% | +15.4% | +21.4% | -12.9% | +17.5% | +8.2% | -21.3% | +2.5% | -26.3% | -16.8% | -44.9% | +12.1% | |
| Current Ratio | 0.94 | 0.94 | 0.97 | 0.99 | 0.94 | 0.94 | 0.94 | 0.90 | 0.86 | 0.91 | 0.86 | 0.83 | 0.88 |
| — | +0.7% | +3.3% | +10.4% | +8.7% | +3.2% | +9.0% | +7.7% | -2.6% | -1.0% | +0.9% | +1.3% | +1.9% | |
| Quick Ratio | 0.36 | 0.36 | 0.27 | 0.32 | 0.25 | 0.32 | 0.25 | 0.27 | 0.27 | 0.29 | 0.18 | 0.18 | 0.18 |
| — | +12.4% | +10.5% | +20.4% | -7.9% | +11.0% | +37.5% | +50.6% | +52.4% | +30.4% | +30.6% | +26.5% | +27.6% | |
| Interest Coverage | 11.50 | 16.54 | 8.24 | 11.35 | 12.69 | 16.30 | 11.12 | 14.86 | 12.23 | 17.43 | 12.31 | 8.49 | 9.03 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorDCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare business quality, growth, and profitability against top sector peers.
Start ComparisonQuick answers to the most common questions about buying TGT stock.
Target Corporation's current P/E is 15.5x. The average P/E over the last 4 quarters is 11.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Target Corporation's current operating margin is 4.9%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Target Corporation's business trajectory between earnings reports.