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 11.0x, down 45.8% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 37.5% YoY to 7.0x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 12.84 | 11.04 | 12.17 | 10.72 | 14.31 | 20.38 | 13.54 | 19.46 | 11.67 | 12.77 | 18.75 | 19.24 | 22.77 |
| — | -45.8% | -10.1% | -44.9% | +22.6% | +59.7% | -27.8% | +1.2% | -48.8% | -53.1% | -82.1% | -27.3% | +32.6% | |
| P/S Ratio | 0.49 | 0.42 | 0.45 | 0.47 | 0.51 | 0.68 | 0.63 | 0.75 | 0.50 | 0.49 | 0.63 | 0.72 | 0.63 |
| — | -38.7% | -28.9% | -37.6% | +1.3% | +38.9% | +0.6% | +3.6% | -20.5% | -33.2% | -13.4% | -32.1% | -25.8% | |
| P/B Ratio | 3.58 | 2.73 | 2.95 | 2.97 | 4.31 | 4.80 | 4.47 | 5.30 | 4.80 | 3.96 | 5.21 | 6.29 | 7.09 |
| — | -43.3% | -34.1% | -43.9% | -10.1% | +21.2% | -14.2% | -15.8% | -32.4% | -43.6% | -27.2% | -36.6% | -14.1% | |
| P/FCF | 11.58 | 13.09 | 3.96 | — | 6.68 | 207.18 | 10.09 | 42.92 | 6.61 | 15.37 | 17.10 | — | 8.81 |
| — | -93.7% | -60.8% | — | +1.0% | +1248.2% | -41.0% | — | -24.9% | — | — | — | -34.6% | |
| EV / EBITDA | 8.22 | 6.95 | 7.63 | 9.09 | 8.65 | 11.13 | 8.26 | 11.07 | 7.72 | 8.18 | 10.41 | 11.34 | 12.93 |
| — | -37.5% | -7.6% | -17.9% | +12.0% | +36.0% | -20.7% | -2.4% | -40.3% | -41.8% | -55.0% | -24.4% | +23.8% | |
| EV / EBIT | 12.57 | 10.84 | 12.09 | 10.07 | 13.05 | 17.80 | 12.00 | 16.76 | 10.56 | 12.43 | 16.34 | 16.68 | 20.51 |
| — | -39.1% | +0.7% | -39.9% | +23.5% | +43.2% | -26.5% | +0.5% | -48.5% | -46.2% | -76.7% | -26.1% | +49.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Target Corporation's operating margin was 5.4% in Q3 2025, up 0.1 pp QoQ and up 0.9 pp YoY.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.8% | 26.1% | 26.5% | 25.4% | 24.2% | 25.9% | 27.6% | 26.4% | 24.7% | 28.5% | 25.8% | 25.1% | 21.8% |
| — | +0.7% | -4.1% | -3.5% | -2.3% | -9.2% | +7.2% | +5.0% | +13.6% | +21.3% | +26.0% | +3.4% | -11.6% | |
| Operating Margin | 5.3% | 5.4% | 5.4% | 3.7% | 4.8% | 4.6% | 6.6% | 5.3% | 5.9% | 5.2% | 5.0% | 5.2% | 3.7% |
| — | +19.4% | -18.4% | -30.2% | -17.2% | -12.2% | +32.2% | +0.7% | +57.1% | +33.9% | +271.5% | -3.6% | -44.9% | |
| Net Margin | 3.8% | 3.8% | 3.7% | 4.3% | 3.6% | 3.3% | 4.7% | 3.8% | 4.3% | 3.8% | 3.4% | 3.8% | 2.8% |
| — | +14.9% | -20.8% | +13.1% | -17.6% | -13.0% | +38.9% | +2.4% | +55.2% | +42.4% | +379.6% | -6.4% | -44.0% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 29.1% | 6.3% | 6.2% | 7.0% | 7.6% | 5.9% | 8.4% | 6.9% | 10.7% | 7.9% | 7.1% | 8.3% | 7.9% |
| — | +6.3% | -27.0% | +1.3% | -29.0% | -25.5% | +19.2% | -17.0% | +35.3% | +20.3% | +313.2% | -2.7% | -32.1% | |
| ROA | 7.2% | 1.6% | 1.6% | 1.8% | 1.9% | 1.5% | 2.1% | 1.7% | 2.5% | 1.8% | 1.6% | 1.8% | 1.6% |
| — | +10.5% | -23.6% | +6.6% | -23.4% | -16.0% | +35.4% | -5.3% | +54.0% | +34.7% | +347.4% | -6.6% | -43.6% | |
| ROIC | 13.4% | 3.1% | 3.1% | 2.2% | 3.7% | 2.9% | 4.2% | 3.3% | 4.8% | 3.4% | 3.2% | 3.5% | 3.1% |
| — | +6.7% | -27.2% | -34.3% | -21.6% | -13.1% | +33.4% | -5.4% | +55.1% | +22.5% | +226.3% | -15.0% | -54.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Target Corporation's Debt/EBITDA ratio is 9.5x — elevated, raising questions about debt serviceability.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.36 | 1.29 | 1.32 | 1.27 | 1.36 | 1.34 | 1.30 | 1.41 | 1.46 | 1.52 | 1.57 | 1.62 | 1.70 |
| — | -3.4% | +1.9% | -9.6% | -7.3% | -11.9% | -17.3% | -13.2% | -13.9% | -12.0% | -5.7% | +2.5% | +32.3% | |
| Debt / EBITDA | 2.31 | 9.53 | 9.61 | 11.43 | 8.78 | 10.09 | 7.76 | 9.68 | 7.56 | 9.33 | 9.84 | 9.44 | 10.22 |
| — | -5.5% | +23.9% | +18.1% | +16.1% | +8.1% | -21.1% | +2.5% | -26.0% | -16.6% | -44.3% | +13.4% | +73.1% | |
| Current Ratio | 0.94 | 0.97 | 0.99 | 0.94 | 0.94 | 0.94 | 0.90 | 0.86 | 0.91 | 0.86 | 0.83 | 0.88 | 0.92 |
| — | +3.3% | +10.4% | +8.7% | +3.2% | +9.0% | +7.7% | -2.6% | -1.0% | +0.9% | +1.3% | +1.9% | -7.7% | |
| Quick Ratio | 0.32 | 0.27 | 0.32 | 0.25 | 0.32 | 0.25 | 0.27 | 0.27 | 0.29 | 0.18 | 0.18 | 0.18 | 0.22 |
| — | +10.5% | +20.4% | -7.9% | +11.0% | +37.5% | +50.6% | +52.4% | +30.4% | +30.6% | +26.5% | +27.6% | -36.8% | |
| Interest Coverage | 13.71 | 12.11 | 11.65 | 7.58 | 16.64 | 11.13 | 15.19 | 12.23 | 17.47 | 12.31 | 8.72 | 9.03 | 9.07 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Start ComparisonTarget Corporation's current P/E is 12.8x. The average P/E over the last 4 quarters is 12.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Target Corporation's current operating margin is 5.3%. Margins have been expanding 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.