Target Corporation (TGT)
Target Corporation (TGT) Income Tax Expense
The tax expense for Target Corporation (TGT) is $1.06 Billion with a year-over-year change of -9.23%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
TGT Tax Expense Chart
TGT Tax Expense
$1.06B-37.89% 20Y
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Current Tax Expense
$1.06B
$1.06 Billion
Year-over-Year Change
-9.23%
vs. $1.17B prior year
Historical Data
30
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2026 | $1.06B | $-108.00M | -9.23% |
| 2025 | $1.17B | +$11.00M | +0.95% |
| 2024 | $1.16B | +$521.00M | +81.66% |
| 2023 | $638.00M | $-1.32B | -67.47% |
| 2022 | $1.96B | +$783.00M | +66.47% |
| 2021 | $1.18B | +$257.00M | +27.90% |
| 2020 | $921.00M | +$175.00M | +23.46% |
| 2019 | $746.00M | +$24.00M | +3.32% |
| 2018 | $722.00M | $-573.00M | -44.25% |
| 2017 | $1.29B | $-307.00M | -19.16% |
| 2016 | $1.60B | +$398.00M | +33.06% |
| 2015 | $1.20B | $-223.00M | -15.63% |
| 2014 | $1.43B | $-314.00M | -18.04% |
| 2013 | $1.74B | +$214.00M | +14.01% |
| 2012 | $1.53B | $-48.00M | -3.05% |
| 2011 | $1.57B | +$191.00M | +13.80% |
| 2010 | $1.38B | +$62.00M | +4.69% |
| 2009 | $1.32B | $-454.00M | -25.56% |
| 2008 | $1.78B | +$66.00M | +3.86% |
| 2007 | $1.71B | +$258.00M | +17.77% |
| 2006 | $1.45B | +$306.00M | +26.70% |
| 2005 | $1.15B | +$162.00M | +16.46% |
| 2004 | $984.00M | +$133.00M | +15.63% |
| 2003 | $851.00M | +$12.00M | +1.43% |
| 2002 | $839.00M | +$50.00M | +6.34% |
| 2001 | $789.00M | +$38.00M | +5.06% |
| 2000 | $751.00M | +$157.00M | +26.43% |
| 1999 | $594.00M | +$70.00M | +13.36% |
| 1998 | $524.00M | +$215.00M | +69.58% |
| 1997 | $309.00M | — | — |
Data as of Wednesday, June 10, 2026