What is Target's deferred taxes?

Target (TGT) reported deferred taxes of $173M in Q1 2026.

How has Target's deferred taxes changed year-over-year?

Target's deferred taxes increased by 380.6% year-over-year, from $36M to $173M.

What is the long-term trend for Target's deferred taxes?

Over 4 years (2021 to 2025), Target's deferred taxes has grown at a -43.7% compound annual growth rate (CAGR), from $549M to -$55M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Target TGT Deferred Taxes

Deferred Taxes at other companies

Dollar GeneralDG

-$50.55M-758%

KrogerKR

$51M+419%

TJX CompaniesTJX

$44M+450%

Williams-SonomaWSM

$3.91M+351%

Best BuyBBY

$10M+120%

Macy'sM

$22M+1,200%

Segments

By segment

See full

Reportable Segment$252M-27.2%

Other financials

Income statement

See full

Revenue$25.4B+6.7%

Gross profit$7.4B+9.9%

Operating income$1.1B-22.9%

Net income$781.0M-24.6%

EPS (diluted)$1.71-24.7%

Balance sheet

See full

Cash & equivalents$3.5B+22.4%

Total debt$18.8B-1.1%

Total equity$16.4B+9.7%

Total assets$58.0B+3.2%

Cash flow

See full

Operating cash flow$716.0M+160%

CapEx$1.0B+31.0%

Free cash flow-$319.0M+38.1%

Valuation

See full

Market cap$59.32B+35.0%

Enterprise value$74.62B+24.2%

P/E17.2×+6.7×

P/S0.6×+0.1×

Profitability

See full

Gross margin28.1%+0.1pp

Operating margin4.5%-0.9pp

Net margin3.2%-0.7pp

FCF margin2.8%-0.5pp

Returns & leverage

See full

Return on equity22%-7.1pp

Debt / equity1.1×-0.1×

Current ratio0.9×0.0×

Where this comes from

Reported directly by Target in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxExpenseBenefit.

The official record: Target’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Target's deferred taxes?: Target (TGT) reported deferred taxes of $173M in Q1 2026.
How has Target's deferred taxes changed year-over-year?: Target's deferred taxes increased by 380.6% year-over-year, from $36M to $173M.
What is the long-term trend for Target's deferred taxes?: Over 4 years (2021 to 2025), Target's deferred taxes has grown at a -43.7% compound annual growth rate (CAGR), from $549M to -$55M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.