8-K Announcements
6Mar 3, 2026·SEC
Feb 11, 2026·SEC
Feb 10, 2026·SEC
Target Corporation (TGT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Target Corporation (TGT) stock price & volume — 10-year historical chart
Target Corporation (TGT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Target Corporation (TGT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 3, 2026 | $2.44vs $2.16+13.0% | $30.5Bvs $30.5B-0.0% |
| Q4 2025 | Nov 19, 2025 | $1.78vs $1.71+4.1% | $25.3Bvs $25.3B-0.2% |
| Q3 2025 | Aug 20, 2025 | $2.05vs $2.04+0.5% | $25.2Bvs $24.9B+1.1% |
| Q2 2025 | May 21, 2025 | $1.30vs $1.56-16.7% | $23.8Bvs $24.1B-1.2% |
Target Corporation (TGT) competitors in Warehouse Clubs and Supercenters — business model, growth, and fundamentals comparison
Target Corporation (TGT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Target Corporation (TGT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Feb'18 | Feb'19 | Feb'20 | Jan'21 | Jan'22 | Jan'23 | Feb'24 | Feb'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 72.71B | 75.36B | 78.11B | 93.56B | 106B | 109.12B | 107.41B | 106.57B | 104.78B |
| Revenue Growth % | 3.48% | 3.63% | 3.66% | 19.78% | 13.3% | 2.94% | -1.57% | -0.79% | -1.68% |
| Cost of Goods Sold | 51.13B | 53.3B | 54.86B | 66.18B | 74.96B | 82.31B | 77.83B | 76.5B | 75.51B |
| COGS % of Revenue | 70.31% | 70.73% | 70.24% | 70.73% | 70.72% | 75.43% | 72.46% | 71.79% | 72.07% |
| Gross Profit | 21.59B▲ 0% | 22.06B▲ 2.2% | 23.25B▲ 5.4% | 27.38B▲ 17.8% | 31.04B▲ 13.4% | 26.81B▼ 13.6% | 29.58B▲ 10.3% | 30.06B▲ 1.6% | 29.27B▼ 2.6% |
| Gross Margin % | 29.69% | 29.27% | 29.76% | 29.27% | 29.28% | 24.57% | 27.54% | 28.21% | 27.93% |
| Gross Profit Growth % | 2.19% | 2.17% | 5.4% | 17.79% | 13.36% | -13.62% | 10.33% | 1.62% | -2.64% |
| Operating Expenses | 17.36B | 17.95B | 18.59B | 20.84B | 22.1B | 22.97B | 23.88B | 24.5B | 24.15B |
| OpEx % of Revenue | 23.88% | 23.82% | 23.8% | 22.28% | 20.84% | 21.05% | 22.23% | 22.99% | 23.05% |
| Selling, General & Admin | 15.14B | 15.72B | 16.23B | 18.61B | 19.75B | 20.58B | 21.46B | 21.97B | 21.54B |
| SG&A % of Revenue | 20.82% | 20.87% | 20.78% | 19.9% | 18.63% | 18.86% | 19.98% | 20.62% | 20.55% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 2.23B | 2.22B | 2.36B | 2.23B | 2.34B | 2.38B | 2.42B | 2.53B | 2.62B |
| Operating Income | 4.22B▲ 0% | 4.11B▼ 2.7% | 4.66B▲ 13.3% | 6.54B▲ 40.4% | 8.95B▲ 36.8% | 3.85B▼ 57.0% | 5.71B▲ 48.3% | 5.57B▼ 2.5% | 5.12B▼ 8.1% |
| Operating Margin % | 5.81% | 5.45% | 5.96% | 6.99% | 8.44% | 3.53% | 5.31% | 5.22% | 4.88% |
| Operating Income Growth % | -13.16% | -2.7% | 13.33% | 40.38% | 36.81% | -56.99% | 48.31% | -2.47% | -8.07% |
| EBITDA | 6.7B | 6.58B | 7.26B | 9.02B | 11.59B | 6.55B | 8.51B | 8.55B | 7.92B |
| EBITDA Margin % | 9.21% | 8.74% | 9.3% | 9.64% | 10.93% | 6% | 7.92% | 8.02% | 7.56% |
| EBITDA Growth % | -6.71% | -1.73% | 10.3% | 24.26% | 28.41% | -43.49% | 29.93% | 0.46% | -7.36% |
| D&A (Non-Cash Add-back) | 2.48B | 2.47B | 2.6B | 2.48B | 2.64B | 2.7B | 2.8B | 2.98B | 2.8B |
| EBIT | 4.28B | 4.14B | 4.67B | 6.52B | 9.33B | 3.9B | 5.8B | 5.67B | 5.21B |
| Net Interest Income | -653M | -461M | -477M | -977M | -421M | -478M | -502M | -411M | -445M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 653M | 461M | 477M | 977M | 421M | 478M | 502M | 411M | 445M |
| Other Income/Expense | -594M | -434M | -468M | -993M | -39M | -430M | -410M | -305M | -350M |
| Pretax Income | 3.63B▲ 0% | 3.68B▲ 1.3% | 4.19B▲ 14.0% | 5.55B▲ 32.4% | 8.91B▲ 60.6% | 3.42B▼ 61.6% | 5.3B▲ 55.0% | 5.26B▼ 0.7% | 4.77B▼ 9.4% |
| Pretax Margin % | 4.99% | 4.88% | 5.36% | 5.93% | 8.4% | 3.13% | 4.93% | 4.94% | 4.55% |
| Income Tax | 722M | 746M | 921M | 1.18B | 1.96B | 638M | 1.16B | 1.17B | 1.06B |
| Effective Tax Rate % | 19.89% | 20.29% | 21.98% | 21.24% | 22.02% | 18.67% | 21.88% | 22.24% | 22.28% |
| Net Income | 2.91B▲ 0% | 2.94B▲ 0.8% | 3.28B▲ 11.7% | 4.37B▲ 33.1% | 6.95B▲ 59.0% | 2.78B▼ 60.0% | 4.14B▲ 48.8% | 4.09B▼ 1.1% | 3.71B▼ 9.4% |
| Net Margin % | 4.01% | 3.9% | 4.2% | 4.67% | 6.55% | 2.55% | 3.85% | 3.84% | 3.54% |
| Net Income Growth % | 6.58% | 0.79% | 11.71% | 33.13% | 59.02% | -59.98% | 48.85% | -1.14% | -9.44% |
| Net Income (Continuing) | 2.91B | 2.93B | 3.27B | 4.37B | 6.95B | 2.78B | 4.14B | 4.09B | 3.71B |
| Discontinued Operations | 6M | 7M | 12M | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 5.29▲ 0% | 5.51▲ 4.2% | 6.36▲ 15.4% | 8.64▲ 35.8% | 14.10▲ 63.2% | 5.98▼ 57.6% | 8.94▲ 49.5% | 8.86▼ 0.9% | 8.13▼ 8.2% |
| EPS Growth % | 12.55% | 4.16% | 15.43% | 35.85% | 63.19% | -57.59% | 49.5% | -0.89% | -8.24% |
| EPS (Basic) | 5.32 | 5.56 | 6.42 | 8.73 | 14.23 | 6.02 | 8.96 | 8.89 | 8.16 |
| Diluted Shares Outstanding | 550.85M | 533.2M | 515.6M | 505.4M | 492.7M | 464.7M | 462.8M | 461.8M | 455.6M |
| Basic Shares Outstanding | 547.74M | 528.6M | 510.9M | 500.6M | 488.1M | 462.1M | 461.5M | 460.4M | 454.1M |
| Dividend Payout Ratio | 45.92% | 45.45% | 40.54% | 30.75% | 22.29% | 66.04% | 48.6% | 50.01% | 55.41% |
Target Corporation (TGT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Feb'18 | Feb'19 | Feb'20 | Jan'21 | Jan'22 | Jan'23 | Feb'24 | Feb'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 12.54B | 12.52B | 12.9B | 20.76B | 21.57B | 17.85B | 17.5B | 19.45B | 20B |
| Cash & Short-Term Investments | 2.64B | 1.56B | 2.58B | 8.51B | 5.91B | 2.23B | 3.81B | 4.76B | 5.49B |
| Cash Only | 2.64B | 1.56B | 767M | 8.51B | 5.91B | 2.23B | 3.81B | 4.76B | 5.49B |
| Short-Term Investments | 0 | 0 | 1.81B | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 929M | 1.1B | 962M | 1.14B | 1.35B | 1.7B | 1.4B | 1.54B | 0 |
| Days Sales Outstanding | 4.66 | 5.33 | 4.5 | 4.43 | 4.66 | 5.67 | 4.77 | 5.28 | - |
| Inventory | 8.6B | 9.5B | 8.99B | 10.65B | 13.9B | 13.5B | 11.89B | 12.74B | 12.3B |
| Days Inventory Outstanding | 61.38 | 65.04 | 59.82 | 58.76 | 67.69 | 59.86 | 55.74 | 60.78 | 59.47 |
| Other Current Assets | 214M | 209M | 217M | 286M | 237M | 235M | 202M | 185M | 2.21B |
| Total Non-Current Assets | 27.76B | 28.77B | 29.88B | 30.49B | 32.24B | 35.49B | 37.86B | 38.31B | 39.48B |
| Property, Plant & Equipment | 26.42B | 27.5B | 28.52B | 29.11B | 30.74B | 34.17B | 36.46B | 36.78B | 37.45B |
| Fixed Asset Turnover | 2.75x | 2.74x | 2.74x | 3.21x | 3.45x | 3.19x | 2.95x | 2.90x | 2.80x |
| Goodwill | 630M | 633M | 633M | 631M | 631M | 631M | 631M | 631M | 0 |
| Intangible Assets | 79M | 66M | 53M | 37M | 25M | 14M | 0 | 0 | 0 |
| Long-Term Investments | 383M | 380M | 418M | 450M | 470M | 440M | 0 | 0 | 0 |
| Other Non-Current Assets | 251M | 194M | 254M | 268M | 375M | 235M | 769M | 899M | 2.03B |
| Total Assets | 40.3B▲ 0% | 41.29B▲ 2.4% | 42.78B▲ 3.6% | 51.25B▲ 19.8% | 53.81B▲ 5.0% | 53.34B▼ 0.9% | 55.36B▲ 3.8% | 57.77B▲ 4.4% | 59.49B▲ 3.0% |
| Asset Turnover | 1.80x | 1.83x | 1.83x | 1.83x | 1.97x | 2.05x | 1.94x | 1.84x | 1.76x |
| Asset Growth % | 7.67% | 2.45% | 3.61% | 19.8% | 5% | -0.88% | 3.79% | 4.36% | 2.98% |
| Total Current Liabilities | 13.05B | 15.01B | 14.49B | 20.13B | 21.75B | 19.5B | 19.3B | 20.8B | 21.23B |
| Accounts Payable | 8.68B | 9.76B | 8.38B | 12.86B | 15.48B | 13.49B | 12.1B | 13.05B | 12.62B |
| Days Payables Outstanding | 61.95 | 66.84 | 55.72 | 70.92 | 75.36 | 59.81 | 56.74 | 62.28 | 61.01 |
| Short-Term Debt | 281M | 1.05B | 1.91B | 1.14B | 171M | 130M | 1.12B | 1.64B | 2.13B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 1.2B | 1.24B | 1.16B | 1.21B | 0 |
| Other Current Liabilities | 1.66B | 1.81B | 2.89B | 2.71B | 1.48B | 1.67B | 1.49B | 1.27B | 6.48B |
| Current Ratio | 0.96x | 0.83x | 0.89x | 1.03x | 0.99x | 0.92x | 0.91x | 0.94x | 0.94x |
| Quick Ratio | 0.30x | 0.20x | 0.27x | 0.50x | 0.35x | 0.22x | 0.29x | 0.32x | 0.36x |
| Cash Conversion Cycle | 4.09 | 3.52 | 8.59 | -7.74 | -3.02 | 5.72 | 3.78 | 3.78 | - |
| Total Non-Current Liabilities | 15.6B | 14.98B | 16.46B | 16.68B | 19.24B | 22.6B | 22.62B | 22.3B | 22.09B |
| Long-Term Debt | 11.12B | 10.22B | 10.04B | 11.54B | 13.55B | 16.01B | 14.92B | 14.3B | 3.46B |
| Capital Lease Obligations | 1.92B | 2B | 3.58B | 2.22B | 2.49B | 2.64B | 3.28B | 3.58B | 0 |
| Deferred Tax Liabilities | 693M | 972M | 1.12B | 990M | 1.57B | 2.2B | 2.48B | 2.3B | 2.27B |
| Other Non-Current Liabilities | 1.27B | 1.21B | 1.19B | 1.43B | 1.15B | 1.31B | 1.52B | 1.73B | 16.37B |
| Total Liabilities | 28.65B | 29.99B | 30.95B | 36.81B | 40.98B | 42.1B | 41.92B | 43.1B | 43.33B |
| Total Debt | 13.47B | 13.45B | 15.52B | 15.11B | 16.47B | 19.07B | 19.65B | 19.88B | 5.59B |
| Net Debt | 10.83B | 11.89B | 14.75B | 6.6B | 10.56B | 16.84B | 15.84B | 15.11B | 104M |
| Debt / Equity | 1.16x | 1.19x | 1.31x | 1.05x | 1.28x | 1.70x | 1.46x | 1.36x | 0.35x |
| Debt / EBITDA | 2.01x | 2.04x | 2.14x | 1.67x | 1.42x | 2.91x | 2.31x | 2.33x | 0.71x |
| Net Debt / EBITDA | 1.62x | 1.81x | 2.03x | 0.73x | 0.91x | 2.57x | 1.86x | 1.77x | 0.01x |
| Interest Coverage | 6.47x | 8.92x | 9.77x | 6.69x | 21.25x | 8.05x | 11.37x | 13.54x | 11.50x |
| Total Equity | 11.65B▲ 0% | 11.3B▼ 3.0% | 11.83B▲ 4.7% | 14.44B▲ 22.0% | 12.83B▼ 11.2% | 11.23B▼ 12.4% | 13.43B▲ 19.6% | 14.67B▲ 9.2% | 16.16B▲ 10.2% |
| Equity Growth % | 6.37% | -3.04% | 4.74% | 22.03% | -11.17% | -12.43% | 19.59% | 9.19% | 10.22% |
| Book Value per Share | 21.15 | 21.19 | 22.95 | 28.57 | 26.03 | 24.17 | 29.02 | 31.76 | 35.48 |
| Total Shareholders' Equity | 11.65B | 11.3B | 11.83B | 14.44B | 12.83B | 11.23B | 13.43B | 14.67B | 16.16B |
| Common Stock | 45M | 43M | 42M | 42M | 39M | 38M | 38M | 38M | 38M |
| Retained Earnings | 6.5B | 6.02B | 6.43B | 8.82B | 6.92B | 5B | 7.09B | 8.09B | 9.3B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -747M | -805M | -868M | -756M | -553M | -419M | -460M | -458M | -417M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Target Corporation (TGT) cash flow — operating, investing & free cash flow history
| Line item | Feb'18 | Feb'19 | Feb'20 | Jan'21 | Jan'22 | Jan'23 | Feb'24 | Feb'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 6.92B | 5.97B | 7.12B | 10.53B | 8.63B | 4.02B | 8.62B | 7.37B | 6.56B |
| Operating CF Margin % | 9.52% | 7.93% | 9.11% | 11.25% | 8.14% | 3.68% | 8.03% | 6.91% | 6.26% |
| Operating CF Growth % | 27.35% | -13.72% | 19.15% | 47.89% | -18.05% | -53.41% | 114.56% | -14.55% | -10.93% |
| Net Income | 2.93B | 2.93B | 3.28B | 4.37B | 6.95B | 2.78B | 4.14B | 4.09B | 3.71B |
| Depreciation & Amortization | 2.44B | 2.47B | 2.6B | 2.48B | 2.64B | 2.7B | 2.8B | 2.98B | 3.13B |
| Stock-Based Compensation | 112M | 132M | 147M | 200M | 228M | 220M | 251M | 304M | 281M |
| Deferred Taxes | -192M | 322M | 178M | -184M | 522M | 582M | 298M | -180M | -55M |
| Other Non-Cash Items | 389M | 98M | 45M | 598M | -268M | 172M | 94M | 26M | -100M |
| Working Capital Changes | 1.24B | 17M | 862M | 3.06B | -1.45B | -2.44B | 1.04B | 145M | -403M |
| Change in Receivables | 794M | 2.29B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | -348M | -900M | 505M | -1.66B | -3.25B | 403M | 1.61B | -854M | 436M |
| Change in Payables | 1.31B | 1.13B | 140M | 2.92B | 2.63B | -2.24B | -1.22B | 1.01B | -501M |
| Cash from Investing | -3.08B | -3.42B | -2.94B | -2.59B | -3.15B | -5.5B | -4.76B | -2.86B | -3.65B |
| Capital Expenditures | -2.53B | -3.52B | -3.03B | -2.65B | -3.54B | -5.53B | -4.81B | -2.89B | 0 |
| CapEx % of Revenue | 3.48% | 4.67% | 3.88% | 2.83% | 3.34% | 5.07% | 4.47% | 2.71% | 3.56% |
| Acquisitions | -518M | 85M | 63M | 42M | 356M | 8M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 31M | 0 | 83M | 58M | 34M | 24M | 46M | 31M | -3.65B |
| Cash from Financing | -3.72B | -3.64B | -3.15B | -2B | -8.07B | -2.2B | -2.29B | -3.55B | -2.19B |
| Debt Issued (Net) | -1.45B | -281M | -330M | 65M | 825M | 2.46B | -147M | -398M | 341M |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Dividends Paid | -1.34B | -1.33B | -1.33B | -1.34B | -1.55B | -1.84B | -2.01B | -2.05B | -2.05B |
| Share Repurchases | -1.05B | -2.12B | -1.56B | -745M | -7.19B | -2.65B | -127M | -1.01B | -408M |
| Other Financing | 108M | 96M | 73M | 23M | 8M | 4M | 0 | -99M | -67M |
| Net Change in Cash | 131M▲ 0% | -1.09B▼ 929.8% | 1.02B▲ 193.9% | 5.93B▲ 481.2% | -2.6B▼ 143.8% | -3.68B▼ 41.6% | 1.58B▲ 142.8% | 957M▼ 39.3% | 726M▼ 24.1% |
| Free Cash Flow | 4.39B▲ 0% | 2.46B▼ 44.0% | 4.09B▲ 66.5% | 7.88B▲ 92.6% | 5.08B▼ 35.5% | -1.51B▼ 129.7% | 3.81B▲ 352.6% | 4.48B▲ 17.3% | 2.83B▼ 36.7% |
| FCF Margin % | 6.04% | 3.26% | 5.24% | 8.42% | 4.79% | -1.38% | 3.55% | 4.2% | 2.71% |
| FCF Growth % | 12.88% | -44.03% | 66.46% | 92.57% | -35.49% | -129.72% | 352.65% | 17.33% | -36.66% |
| FCF per Share | 7.97 | 4.61 | 7.93 | 15.58 | 10.31 | -3.25 | 8.24 | 9.69 | 6.22 |
| FCF Conversion (FCF/Net Income) | 2.38x | 2.03x | 2.17x | 2.41x | 1.24x | 1.45x | 2.08x | 1.80x | 1.77x |
| Interest Paid | 678M | 476M | 492M | 939M | 414M | 449M | 605M | 615M | 0 |
| Taxes Paid | 934M | 373M | 696M | 1.03B | 2.06B | 213M | 374M | 1.05B | 0 |
Target Corporation (TGT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 22.87% | 25.78% | 25.6% | 28.37% | 33.25% | 50.95% | 23.11% | 33.55% | 29.12% | 24.03% |
| Return on Invested Capital (ROIC) | 17.02% | 14.51% | 13.5% | 14.04% | 20.6% | 30.21% | 11.22% | 14.93% | 14.14% | 16.67% |
| Gross Margin | 30.06% | 29.69% | 29.27% | 29.76% | 29.27% | 29.28% | 24.57% | 27.54% | 28.21% | 27.93% |
| Net Margin | 3.89% | 4.01% | 3.9% | 4.2% | 4.67% | 6.55% | 2.55% | 3.85% | 3.84% | 3.54% |
| Debt / Equity | 1.16x | 1.16x | 1.19x | 1.31x | 1.05x | 1.28x | 1.70x | 1.46x | 1.36x | 0.35x |
| Interest Coverage | 4.91x | 6.47x | 8.92x | 9.77x | 6.69x | 21.25x | 8.05x | 11.37x | 13.54x | 11.50x |
| FCF Conversion | 1.99x | 2.38x | 2.03x | 2.17x | 2.41x | 1.24x | 1.45x | 2.08x | 1.80x | 1.77x |
| Revenue Growth | -4.76% | 3.48% | 3.63% | 3.66% | 19.78% | 13.3% | 2.94% | -1.57% | -0.79% | -1.68% |
Target Corporation (TGT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 3, 2026·SEC
Feb 11, 2026·SEC
Feb 10, 2026·SEC
Target Corporation (TGT) stock FAQ — growth, dividends, profitability & financials explained
Target Corporation (TGT) reported $106.25B in revenue for fiscal year 2025. This represents a 319% increase from $25.37B in 1996.
Target Corporation (TGT) saw revenue decline by 1.7% over the past year.
Yes, Target Corporation (TGT) is profitable, generating $4.04B in net income for fiscal year 2025 (3.5% net margin).
Yes, Target Corporation (TGT) pays a dividend with a yield of 3.50%. This makes it attractive for income-focused investors.
Target Corporation (TGT) has a return on equity (ROE) of 24.0%. This is excellent, indicating efficient use of shareholder capital.
Target Corporation (TGT) generated $2.93B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Target Corporation (TGT) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates