Target Corporation (TGT) Tax Rate: 22.28%
Is Target Corporation’s tax rate high or low?
Target Corporation's tax rate of 22.28% is in line with its 5-year average of 21.42%, near the high end of its 5-year range (18.67%–22.28%).
The tax rate for Target Corporation (TGT) is 22.28%. It is above its 12-month average by 0.09% (22.26%).
TGT Tax Rate Chart
TGT Average Tax Rate Chart
TGT Current vs Average Tax Rate Chart
TGT Tax Rate Metrics
TAX RATE
22.28%
TAX RATE AVG TTM
22.26%
TAX RATE AVG 3Y
22.13%
TAX RATE AVG 5Y
21.42%
TAX RATE AVG 10Y
22.32%
TAX RATE AVG 15Y
26.13%
TAX RATE AVG 20Y
28.83%
CURRENT VS TTM AVG
+0.09%
CURRENT VS 3Y AVG
+0.66%
CURRENT VS 5Y AVG
+4.02%
CURRENT VS 10Y AVG
-0.17%
CURRENT VS 15Y AVG
-14.75%
CURRENT VS 20Y AVG
-22.72%
Target Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Target Corporation Tax Rate FAQ
- What is the tax rate for Target Corporation (TGT)?
- The tax rate for TGT stock is 22.28%.
- Is Target Corporation's tax rate high or low?
- Target Corporation's tax rate of 22.28% is in line with its 5-year average of 21.42%, near the high end of its 5-year range (18.67%–22.28%).
- What is the TTM average tax rate for Target Corporation (TGT)?
- The TTM average tax rate for TGT stock is 22.26%.
- What is the 3Y average tax rate for Target Corporation (TGT)?
- The 3Y average tax rate for TGT stock is 22.13%.
- What is the 5Y average tax rate for Target Corporation (TGT)?
- The 5Y average tax rate for TGT stock is 21.42%.
- What is the 10Y average tax rate for Target Corporation (TGT)?
- The 10Y average tax rate for TGT stock is 22.32%.
- What is the 15Y average tax rate for Target Corporation (TGT)?
- The 15Y average tax rate for TGT stock is 26.13%.
- What is the 20Y average tax rate for Target Corporation (TGT)?
- The 20Y average tax rate for TGT stock is 28.83%.
Target Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-01-31 | 22.28% |
| 2025-02-01 | 22.24% |
| 2024-02-03 | 21.88% |
| 2023-01-28 | 18.67% |
| 2022-01-29 | 22.02% |
| 2021-01-30 | 21.24% |
| 2020-02-01 | 21.98% |
| 2019-02-02 | 20.29% |
| 2018-02-03 | 19.89% |
| 2017-01-28 | 32.69% |
| 2016-01-30 | 32.54% |
| 2015-01-31 | 32.96% |
| 2014-02-01 | 34.63% |
| 2013-02-02 | 34.43% |
| 2012-01-28 | 34.27% |
| 2011-01-29 | 35.04% |
| 2010-01-30 | 35.74% |
| 2009-01-31 | 37.39% |
| 2008-02-02 | 38.40% |
| 2007-02-03 | 38.03% |
| 2006-01-28 | 37.62% |
| 2005-01-29 | 37.81% |
| 2004-01-31 | 37.80% |
| 2003-02-01 | 38.21% |
| 2002-02-02 | 38.02% |
| 2001-02-03 | 38.43% |
| 2000-01-29 | 38.79% |
| 1999-01-30 | 38.17% |
| 1998-01-31 | 39.52% |
| 1997-02-01 | 39.46% |