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% |
Related Metrics
About Target Corporation
Target Corporation operates as a prominent general merchandise retailer throughout the United States. Its extensive product range includes a wide array of food items like perishables, dry groceries, dairy, and frozen goods, alongside apparel, accessories, home décor, electronics, toys, seasonal offerings, and essential beauty and household products. Beyond merchandise, Target stores often feature convenient in-store amenities such as Target Café, Target Optical, Starbucks outlets, and various other food service options. The company facilitates sales through its physical retail locations and its digital platform, Target.com. As of March 9, 2022, Target maintained a network of approximately 2,000 stores. Founded in 1902, the corporation's headquarters are situated in Minneapolis, Minnesota.
- Sector
- Consumer Defensive
- Industry
- Discount Stores
- CEO
- Michael J. Fiddelke