What is the current annual gross margin of TGT?

As of today, TGT annual gross margin is 25.84%

What is 1-year change in TGT annual gross margin?

TGT annual gross margin is up +1.81% year-over-year

What is 3-year change in TGT annual gross margin?

TGT annual gross margin is down -4.54% over the past 3 years

How far is TGT annual gross margin from its all-time high?

TGT annual gross margin is currently -15.86% below its historical high of 30.71% set on January 1, 2007

How does TGT annual gross margin rank versus sector peers?

TGT annual gross margin is higher than 36.61% of companies in Consumer Defensive sector

When is TGT next annual earnings release?

The next annual earnings release for TGT is on March 4, 2026

What is the current quarterly gross margin of TGT?

As of today, TGT quarterly gross margin is 25.66%

What is TGT quarterly gross margin most recent change?

TGT quarterly gross margin was down -3.10% on October 1, 2025

What is 1-year change in TGT quarterly gross margin?

TGT quarterly gross margin is down -1.00% year-over-year

How far is TGT quarterly gross margin from its all-time high?

TGT quarterly gross margin is currently -33.14% below its historical high of 38.38% set on January 29, 2000

How does TGT quarterly gross margin rank versus sector peers?

TGT quarterly gross margin is higher than 38.57% of companies in Consumer Defensive sector

When is TGT next earnings release?

The next earnings release for TGT is on March 4, 2026

TGT Gross Margin History & Chart Since 1981

Annual Gross Margin

25.84%0.46%+1.81%

January 1, 2025

Summary

Current Value: As of today, TGT annual gross margin is 25.84%, up +1.81% on January 1, 2025
Historical Performance: TGT annual gross margin is down -4.54% over the past 3 years, and down -3.37% over the past 5 years
All-Time High Comparison: TGT annual gross margin is currently -15.86% below its historical high of 30.71% set on January 1, 2007
3-Year Low Comparison: TGT annual gross margin is +15.05% above its 3-year low of 22.46% reached on January 28, 2023
Sector Comparison: TGT annual gross margin is higher than 36.61% of companies in Consumer Defensive sector

Gross Margin Chart

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Performance

TGT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Jan 1, 25	25.84%	+1.8%	-4.5%	-3.4%	-4.9%
Quarterly Gross Margin	Oct 1, 25	25.66%	-1.0%	+9.0%	-11.8%	-7.1%
Price	Jan 23, 26	$108.10	-21.6%	-35.3%	-42.4%	+94.5%
PE Ratio	Jan 23, 26	13.12	-15.7%	-42.6%	-47.3%	-10.3%
Annual Revenue	Jan 1, 25	$106.57B	-0.8%	+0.5%	+36.4%	+63.0%
Annual Gross Profit	Jan 1, 25	$27.54B	+1.0%	-4.0%	+31.8%	+55.1%
Annual Operating Margin	Jan 1, 25	-68.87%	+0.5%	-6.9%	-2.4%	-5.0%
Annual Net Margin	Jan 1, 25	3.84%	-0.3%	-41.4%	-8.3%	+0.8%

Gross Margin Highs

TGT Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	27.07%	N/A	-4.5%
5Y	27.13%	Jan 30, 21	-4.8%
All	30.71%	Jan 1, 07	-15.9%

Gross Margin Lows

TGT Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	22.46%	Jan 28, 23	+15.1%
5Y	22.46%	Jan 28, 23	+15.1%
All	22.46%	Jan 28, 23	+15.1%

Gross Margin History

Year	Value	Change
2025	25.84%	+1.8%
2024	25.38%	+13.0%
2023	22.46%	-17.0%
2022	27.07%	-0.2%
2021	27.13%	+1.5%
2020	26.74%	+1.6%
2019	26.32%	-1.2%
2018	26.63%	+1.0%
2017	26.37%	-0.6%
2016	26.53%	+0.3%
2015	26.45%	-2.0%
2014	27.00%	-1.6%
2013	27.45%	-1.3%
2012	27.81%	+0.1%
2011	27.78%	+2.3%
2010	27.16%	+1.6%
2009	26.72%	-10.8%
2008	29.95%	-2.5%
2007	30.71%	+1.2%
2006	30.36%	+2.7%
2005	29.57%	+0.2%
2004	29.51%	+2.2%
2003	28.87%	+3.7%

Year	Value	Change
2002	27.83%	-1.0%
2001	28.12%	-3.5%
2000	29.13%	+19.6%
1999	24.35%	+0.2%
1998	24.30%	+1.2%
1997	24.02%	+4.7%
1996	22.94%	-5.0%
1995	24.14%	+1.6%
1994	23.77%	-1.8%
1993	24.20%	-1.4%
1992	24.54%	-2.7%
1991	25.23%	+0.1%
1990	25.21%	+1.7%
1989	24.80%	+2.1%
1988	24.28%	-5.1%
1987	25.59%	-4.3%
1986	26.74%	-0.4%
1985	26.86%	-2.2%
1984	27.47%	-3.0%
1983	28.31%	+1.5%
1982	27.89%	-0.6%
1981	28.05%	-

FAQ

What is the current annual gross margin of TGT?
As of today, TGT annual gross margin is 25.84%
What is 1-year change in TGT annual gross margin?
TGT annual gross margin is up +1.81% year-over-year
What is 3-year change in TGT annual gross margin?
TGT annual gross margin is down -4.54% over the past 3 years
How far is TGT annual gross margin from its all-time high?
TGT annual gross margin is currently -15.86% below its historical high of 30.71% set on January 1, 2007
How does TGT annual gross margin rank versus sector peers?
TGT annual gross margin is higher than 36.61% of companies in Consumer Defensive sector
When is TGT next annual earnings release?
The next annual earnings release for TGT is on March 4, 2026

Quarterly Gross Margin

25.66%0.82%-3.10%

October 1, 2025

Summary

Current Value: As of today, TGT quarterly gross margin is 25.66%, down -3.10% on October 1, 2025
Historical Performance: TGT quarterly gross margin is down -1.00% year-over-year, and up +9.01% over the past 3 years
All-Time High Comparison: TGT quarterly gross margin is currently -33.14% below its historical high of 38.38% set on January 29, 2000
3-Year Low Comparison: TGT quarterly gross margin is +17.87% above its 3-year low of 21.77% reached on January 28, 2023
Sector Comparison: TGT quarterly gross margin is higher than 38.57% of companies in Consumer Defensive sector

Performance

TGT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Oct 1, 25	25.66%	-3.1%	-1.0%	+9.0%	-11.8%
Annual Gross Margin	Jan 1, 25	25.84%	–	+1.8%	-4.5%	-3.4%
Price	Jan 23, 26	$108.10	+14.7%	-21.6%	-35.3%	-42.4%
PE Ratio	Jan 23, 26	13.12	+14.7%	-15.7%	-42.6%	-47.3%
Quarterly Revenue	Oct 1, 25	$25.27B	+0.2%	-1.6%	-4.7%	+11.7%
Quarterly Gross Profit	Oct 1, 25	$6.48B	-2.9%	-2.5%	+3.9%	-1.5%
Quarterly Operating Margin	Oct 1, 25	3.89%	-27.4%	-14.5%	+0.5%	-54.6%
Quarterly Net Margin	Oct 1, 25	2.73%	-26.4%	-18.0%	+1.5%	-39.1%

Quarterly Gross Margin Highs

TGT Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	26.48%	Jul 1, 25	-3.1%
3Y	27.61%	Jul 1, 24	-7.1%
5Y	29.34%	Apr 1, 21	-12.5%
All	38.38%	Jan 29, 00	-33.1%

Quarterly Gross Margin Lows

TGT Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	24.15%	Jan 31, 25	+6.3%
3Y	21.77%	Jan 28, 23	+17.9%
5Y	20.44%	Jul 30, 22	+25.5%
All	20.44%	Jul 30, 22	+25.5%

Quarterly Gross Margin History

Month	Value	Change
Oct 2025	25.66%	-3.1%
Jul 2025	26.48%	+4.1%
Apr 2025	25.43%	+5.3%
Jan 2025	24.15%	-6.8%
Oct 2024	25.92%	-6.1%
Jul 2024	27.61%	+4.8%
Apr 2024	26.35%	+6.6%
Jan 2024	24.73%	-5.3%
Oct 2023	26.12%	+1.4%
Jul 2023	25.76%	+2.7%
Apr 2023	25.09%	+15.3%
Jan 2023	21.77%	-7.5%
Oct 2022	23.54%	+15.2%
Jul 2022	20.44%	-15.8%
Apr 2022	24.27%	-1.4%
Jan 2022	24.62%	-8.1%
Oct 2021	26.78%	-7.9%
Jul 2021	29.08%	-0.9%
Apr 2021	29.34%	+14.0%
Jan 2021	25.74%	-11.5%
Oct 2020	29.08%	-1.2%
Jul 2020	29.42%	+27.5%
Apr 2020	23.08%	-5.3%
Jan 2020	24.37%	-11.8%
Oct 2019	27.62%	-2.8%
Jul 2019	28.42%	+4.4%
Apr 2019	27.22%	+13.8%
Jan 2019	23.91%	-10.4%
Oct 2018	26.69%	-5.1%
Jul 2018	28.12%	+2.9%
Apr 2018	27.33%	+12.5%
Jan 2018	24.29%	-10.5%
Oct 2017	27.14%	-3.8%
Jul 2017	28.22%	+1.5%
Apr 2017	27.79%	+15.9%
Jan 2017	23.98%	-10.4%
Oct 2016	26.76%	-3.8%
Jul 2016	27.81%	+0.9%
Apr 2016	27.57%	+9.0%
Jan 2016	25.29%	-3.4%
Oct 2015	26.19%	-5.4%
Jul 2015	27.69%	+1.5%
Apr 2015	27.27%	+5.1%
Jan 2015	25.94%	+0.6%
Oct 2014	25.78%	-3.2%
Jul 2014	26.63%	+3.1%
Apr 2014	25.83%	+2.6%
Jan 2014	25.18%	-4.6%
Oct 2013	26.40%	-6.4%
Jul 2013	28.22%	+2.3%
Apr 2013	27.58%	+6.4%
Jan 2013	25.93%	-6.8%
Oct 2012	27.83%	-3.6%
Jul 2012	28.86%	+4.1%
Apr 2012	27.73%	+5.9%
Jan 2012	26.19%	-6.3%
Oct 2011	27.94%	-4.9%
Jul 2011	29.39%	+4.1%
Apr 2011	28.22%	+6.1%
Jan 2011	26.61%	-3.7%
Oct 2010	27.63%	-5.2%
Jul 2010	29.16%	+3.7%
Apr 2010	28.12%	+7.2%
Jan 2010	26.24%	-2.9%
Oct 2009	27.03%	-5.0%
Jul 2009	28.45%	+4.4%
Apr 2009	27.24%	+14.0%
Jan 2009	23.90%	-12.2%
Oct 2008	27.21%	-3.7%
Jul 2008	28.26%	-0.3%
Apr 2008	28.34%	-0.8%
Jan 2008	28.56%	-4.0%
Oct 2007	29.75%	-5.3%

Month	Value	Change
Jul 2007	31.43%	+2.8%
Apr 2007	30.57%	+2.7%
Jan 2007	29.76%	-4.0%
Oct 2006	30.99%	-1.8%
Jul 2006	31.57%	+1.9%
Apr 2006	30.97%	+5.2%
Jan 2006	29.44%	-3.9%
Oct 2005	30.62%	-1.8%
Jul 2005	31.19%	+2.0%
Apr 2005	30.57%	+8.1%
Jan 2005	28.28%	+0.1%
Oct 2004	28.24%	-3.1%
Jul 2004	29.13%	+0.7%
Apr 2004	28.93%	-2.1%
Jan 2004	29.56%	+0.9%
Oct 2003	29.30%	+0.3%
Jul 2003	29.20%	-0.5%
Apr 2003	29.36%	+4.7%
Jan 2003	28.04%	-3.3%
Oct 2002	29.01%	-1.4%
Jul 2002	29.42%	+0.2%
Apr 2002	29.37%	+16.4%
Jan 2002	25.24%	-12.5%
Oct 2001	28.85%	-0.4%
Jul 2001	28.97%	-2.0%
Apr 2001	29.56%	+15.7%
Jan 2001	25.54%	-11.7%
Oct 2000	28.93%	-1.7%
Jul 2000	29.43%	-1.7%
Apr 2000	29.94%	-22.0%
Jan 2000	38.38%	+54.0%
Oct 1999	24.93%	-0.2%
Jul 1999	24.99%	+2.0%
Apr 1999	24.51%	-0.8%
Jan 1999	24.71%	+2.6%
Oct 1998	24.08%	-1.2%
Jul 1998	24.38%	+1.3%
Apr 1998	24.07%	-5.8%
Jan 1998	25.54%	-6.4%
Oct 1997	27.29%	+0.6%
Jul 1997	27.13%	-2.3%
Apr 1997	27.78%	+6.2%
Jan 1997	26.17%	-1.9%
Oct 1996	26.69%	-1.2%
Jul 1996	27.02%	+1.6%
Apr 1996	26.60%	+9.2%
Jan 1996	24.35%	-7.1%
Oct 1995	26.20%	+2.4%
Jul 1995	25.59%	-2.8%
Apr 1995	26.34%	+0.8%
Jan 1995	26.14%	-2.4%
Oct 1994	26.77%	+0.2%
Jul 1994	26.72%	-1.5%
Apr 1994	27.14%	+1.0%
Jan 1994	26.87%	+2.9%
Oct 1993	26.12%	+1.2%
Jul 1993	25.82%	-2.2%
Apr 1993	26.41%	-0.8%
Jan 1993	26.61%	+0.3%
Oct 1992	26.52%	-1.5%
Jul 1992	26.92%	-0.8%
Apr 1992	27.13%	-0.3%
Jan 1992	27.22%	+3.3%
Oct 1991	26.35%	-2.6%
Jul 1991	27.06%	-2.5%
Apr 1991	27.74%	-0.5%
Jan 1991	27.89%	+0.3%
Oct 1990	27.81%	+2.0%
Jul 1990	27.27%	-2.5%
Apr 1990	27.97%	+2.6%
Jan 1990	27.25%	-0.9%
Oct 1989	27.50%	-0.3%
Jul 1989	27.58%	-

FAQ

What is the current quarterly gross margin of TGT?
As of today, TGT quarterly gross margin is 25.66%
What is TGT quarterly gross margin most recent change?
TGT quarterly gross margin was down -3.10% on October 1, 2025
What is 1-year change in TGT quarterly gross margin?
TGT quarterly gross margin is down -1.00% year-over-year
How far is TGT quarterly gross margin from its all-time high?
TGT quarterly gross margin is currently -33.14% below its historical high of 38.38% set on January 29, 2000
How does TGT quarterly gross margin rank versus sector peers?
TGT quarterly gross margin is higher than 38.57% of companies in Consumer Defensive sector
When is TGT next earnings release?
The next earnings release for TGT is on March 4, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

TGT Official Website target.com
TGT Profile on Yahoo Finance finance.yahoo.com/quote/TGT
TGT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tgt