Target Corporation (TGT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
TGT Revenue Growth
Revenue Breakdown (FY 2024)
TGT's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
TGT Revenue Analysis (2014–2025)
As of May 6, 2026, Target Corporation (TGT) generated trailing twelve-month (TTM) revenue of $106.25 billion, reflecting modest growth of +3.2% year-over-year. The most recent quarter (Q4 2025) recorded $31.92 billion in revenue, up 26.3% sequentially.
Looking at the longer-term picture, TGT's 5-year compound annual growth rate (CAGR) stands at +2.3%, indicating moderate growth over time. The company achieved its highest annual revenue of $109.12 billion in 2022.
Revenue diversification analysis shows TGT's business is primarily driven by Food and Beverage (22%), Beauty and Household Essentials (17%), and Home Furnishings and Decor (16%).
When compared to Consumer Defensive sector peers including WMT (+4.3% YoY), COST (+8.4% YoY), and KR (+0.4% YoY), TGT has underperformed the peer group in terms of revenue growth. Compare TGT vs WMT →
TGT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TGTCurrent | $106.2B | +3.2% | +2.3% | 4.9% | |
 WMT | $713.2B | +4.3% | +5.0% | 4.2% | |
 COST | $275.2B | +8.4% | +10.5% | 3.8% | |
 KR | $147.6B | +0.4% | +2.2% | 1.3% | |
 DG | $42.7B | +5.2% | +4.8% | 5.2% | |
 DLTR | $19.4B | -19.5% | -5.3% | 8.2% |
TGT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $104.78B | -1.7% | $29.27B | 27.9% | $5.12B | 4.9% |
| 2024 | $106.57B | -0.8% | $30.06B | 28.2% | $5.57B | 5.2% |
| 2023 | $107.41B | -1.6% | $29.58B | 27.5% | $5.71B | 5.3% |
| 2022 | $109.12B | +2.9% | $26.81B | 24.6% | $3.85B | 3.5% |
| 2021 | $106.00B | +13.3% | $31.04B | 29.3% | $8.95B | 8.4% |
| 2020 | $93.56B | +19.8% | $27.38B | 29.3% | $6.54B | 7.0% |
| 2019 | $78.11B | +3.7% | $23.25B | 29.8% | $4.66B | 6.0% |
| 2018 | $75.36B | +3.6% | $22.06B | 29.3% | $4.11B | 5.5% |
| 2017 | $72.71B | +3.5% | $21.59B | 29.7% | $4.22B | 5.8% |
| 2016 | $70.27B | -4.8% | $21.13B | 30.1% | $4.86B | 6.9% |
Full TGT Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See TGT's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TGT Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TGT vs WMT
Side-by-side business, growth, and profitability comparison vs Walmart Inc..
Start ComparisonTGT — Frequently Asked Questions
Quick answers to the most common questions about buying TGT stock.
Is TGT's revenue growth accelerating or slowing?
TGT revenue growth slowed to +3.2%, below the 5-year CAGR of +2.3%. TTM revenue is $106.2B. The deceleration marks a shift from historical growth rates.
What is TGT's long-term revenue growth rate?
Target Corporation's 5-year revenue CAGR of +2.3% reflects the variable expansion pattern. Current YoY growth of +3.2% is near this long-term average.
How is TGT's revenue distributed by segment?
TGT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.