Target annual gross margin
2013
2014
2015
2016
2017
Target Gross Margin Growth & History (TGT)
Target's gross margin was 28.54% for fiscal 2017.
View full Target company overviewTarget annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2017 | 2018-02-03 | 28.54% | −0.42 pp |
| 2016 | 2017-01-28 | 28.96% | −0.24 pp |
| 2015 | 2016-01-30 | 29.20% | −0.19 pp |
| 2014 | 2015-01-31 | 29.39% | −0.41 pp |
| 2013 | 2014-02-01 | 29.80% | — |
Target quarterly gross margin
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2017 | 2018-02-03 | 25.20% | −0.13 pp |
| Q3 2017 | 2017-10-28 | 29.36% | −0.47 pp |
| Q2 2017 | 2017-07-29 | 30.53% | −0.37 pp |
| Q1 2017 | 2017-04-29 | 30.53% | −0.41 pp |
| Q4 2016 | 2017-01-28 | 25.33% | −1.43 pp |
| Q3 2016 | 2016-10-29 | 29.83% | +0.46 pp |
| Q2 2016 | 2016-07-30 | 30.90% | +0.06 pp |
| Q1 2016 | 2016-04-30 | 30.94% | +0.52 pp |
| Q4 2015 | 2016-01-30 | 26.76% | −1.70 pp |
| Q3 2015 | 2015-10-31 | 29.37% | −0.09 pp |
| Q2 2015 | 2015-08-01 | 30.85% | +0.42 pp |
| Q1 2015 | 2015-05-02 | 30.42% | +0.95 pp |
| Q4 2014 | 2015-01-31 | 28.46% | +0.73 pp |
| Q3 2014 | 2014-11-01 | 29.46% | −0.24 pp |
| Q2 2014 | 2014-08-02 | 30.42% | −0.96 pp |
| Q1 2014 | 2014-05-03 | 29.47% | −1.31 pp |
| Q4 2013 | 2014-02-01 | 27.73% | — |
| Q3 2013 | 2013-11-02 | 29.70% | — |
| Q2 2013 | 2013-08-03 | 31.38% | — |
| Q1 2013 | 2013-05-04 | 30.79% | — |
Target gross margin trends
Across the available reported history, Target's gross margin decreased from 28.96% to 28.54%, a change of −0.42 percentage points. The latest reported quarter, Q4 2017, shows 25.20%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Target filings at SEC.gov ↗