Target Corp (TGT) operating KPIs
TGTNYSERetail-Variety StoresFiscal year ends February 1
Financials through Q2 FY2026, quarter ended Aug 1, 2026Last filing: 10-Q on Aug 28, 2026Score 21/3011% below fair value
$154.38+2.56 (+1.69%)
Close on Oct 30, 2026Market cap $70.13BP/E 16.0Yield 2.94%
Target gross Margin Rate (% of Merchandise Sales) (%)
Form 10-Q / 10-K MD&A & Form 8-K Earnings Release
Latest, FY2025
26.6%
Period ended Jan 31, 2026
Change on a year earlier
+0.4 pts
26.2% in FY2024
History
2 years
Since FY2024
Sources
1
Form 8-K Earnings Release (filed 2026-03-03)
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Gross Margin Rate (% of Merchandise Sales) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Jan 31, 2026 | 26.6% | +0.4 pts | Form 8-K Earnings Release (filed 2026-03-03) ↗ |
| FY2024 | Feb 1, 2025 | 26.2% | – | Form 8-K Earnings Release (filed 2026-03-03) ↗ |
Breakdown
What makes up gross margin rate (% of merchandise sales)
- GAAP SG&A Expense Rate (% of Total Revenue)19.9% · FY2025
- Non-GAAP Adjusted SG&A Expense Rate (% of Total Revenue)19.6% · FY2025
- Depreciation & Amortization Rate (% of Total Revenue)2.2% · FY2025
- GAAP Operating Income Margin Rate (% of Total Revenue)4.5% · FY2025
- Non-GAAP Adjusted Operating Income Margin Rate (% of Total Revenue)4.8% · FY2025
Cite this data
StockData. (2026). Target Gross Margin Rate (% of Merchandise Sales) (%), annual FY2024–FY2025 [Data set]. Compiled from Target SEC filings and investor materials. https://stockdatahq.com/stocks/tgt/kpis/gross_margin_rate_pct
See every metric in the Target KPI table. Data updated Oct 28, 2026.