See more : Sonoro Gold Corp. (SMOFF) Income Statement Analysis – Financial Results
Complete financial analysis of Target Corporation (TGT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Target Corporation, a leading company in the Discount Stores industry within the Consumer Defensive sector.
You may be interested
- Nippon Kayaku Co., Ltd. (NPKYY) Income Statement Analysis – Financial Results
- Doseology Sciences Inc. (DOSEF) Income Statement Analysis – Financial Results
- Achison Inc. (ACHN) Income Statement Analysis – Financial Results
- Cybeats Technologies Corp. (CYBT.CN) Income Statement Analysis – Financial Results
- Toople Plc (TOOP.L) Income Statement Analysis – Financial Results
Target Corporation (TGT)
About Target Corporation
Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of March 09, 2022, the company operated approximately 2,000 stores. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 107.41B | 109.12B | 106.01B | 93.56B | 78.11B | 75.36B | 72.71B | 69.50B | 73.79B | 72.62B | 72.60B | 73.30B | 69.87B | 67.39B | 65.36B | 64.95B | 63.37B | 59.49B | 52.62B | 46.84B | 48.16B | 43.92B | 39.89B | 36.90B | 33.70B | 30.95B | 27.76B | 25.37B | 23.52B | 21.31B | 19.23B | 17.93B | 16.12B | 14.74B | 13.64B | 12.20B | 10.68B | 9.26B | 8.79B |
| Cost of Revenue | 77.74B | 82.23B | 74.96B | 66.18B | 54.86B | 53.30B | 51.13B | 48.87B | 52.00B | 51.28B | 51.16B | 51.04B | 48.31B | 46.59B | 45.58B | 44.16B | 42.73B | 39.40B | 34.93B | 31.45B | 31.79B | 29.26B | 27.25B | 25.30B | 23.03B | 22.63B | 20.32B | 18.63B | 17.53B | 15.64B | 14.16B | 13.13B | 11.75B | 10.65B | 9.89B | 8.89B | 7.85B | 6.70B | 6.27B |
| Gross Profit | 29.68B | 26.89B | 31.04B | 27.38B | 23.25B | 22.06B | 21.59B | 20.62B | 21.79B | 21.34B | 21.44B | 22.27B | 21.56B | 20.81B | 19.77B | 20.79B | 20.64B | 20.09B | 17.69B | 15.39B | 16.37B | 14.66B | 12.64B | 11.61B | 10.67B | 8.32B | 7.44B | 6.74B | 5.99B | 5.68B | 5.07B | 4.80B | 4.36B | 4.09B | 3.76B | 3.32B | 2.83B | 2.56B | 2.52B |
| Gross Profit Ratio | 27.63% | 24.64% | 29.28% | 29.27% | 29.76% | 29.27% | 29.69% | 29.68% | 29.53% | 29.39% | 29.53% | 30.38% | 30.86% | 30.87% | 30.26% | 32.01% | 32.56% | 33.77% | 33.62% | 32.87% | 33.99% | 33.37% | 31.69% | 31.46% | 31.67% | 26.87% | 26.79% | 26.58% | 25.47% | 26.63% | 26.36% | 26.76% | 27.08% | 27.75% | 27.54% | 27.20% | 26.47% | 27.61% | 28.71% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 19.96B | 19.16B | 18.25B | 17.12B | 14.63B | 15.63B | 15.05B | 14.17B | 14.67B | 14.68B | 15.38B | 14.91B | 14.11B | 13.47B | 13.08B | 14.56B | 13.70B | 12.82B | 11.19B | 9.80B | 11.53B | 9.42B | 8.42B | 7.90B | 7.23B | 5.58B | 4.53B | 4.73B | 4.45B | 4.00B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 1.40B | 1.50B | 1.50B | 1.50B | 1.60B | 92.00M | 91.00M | -818.00M | 1.43B | 1.60B | 1.55B | 1.39B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 707.00M | 776.00M | 737.00M | 0.00 | 765.00M | 463.00M | 290.00M | 259.00M | -506.00M | 0.00 | -445.00M | -409.00M | -373.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 21.36B | 20.66B | 19.75B | 18.62B | 16.23B | 15.72B | 15.14B | 13.36B | 14.67B | 14.68B | 15.38B | 14.91B | 14.11B | 13.47B | 13.08B | 14.56B | 13.70B | 13.53B | 11.96B | 10.53B | 11.53B | 10.18B | 8.88B | 8.19B | 7.49B | 5.08B | 4.53B | 4.29B | 4.04B | 3.63B | 3.18B | 2.98B | 2.80B | 2.48B | 2.26B | 2.13B | 1.87B | 1.61B | 1.57B |
| Other Expenses | 0.00 | 2.39B | 2.34B | 2.23B | 2.36B | 27.00M | 59.00M | 3.33B | 620.00M | 2.13B | 391.00M | 161.00M | 2.58B | 2.94B | 3.54B | 1.83B | 2.42B | 1.45B | 1.37B | 1.26B | 1.32B | 1.21B | 1.08B | 940.00M | 854.00M | 1.29B | 1.16B | 1.23B | 1.00B | 904.00M | 841.00M | 772.00M | 693.00M | 628.00M | 549.00M | 498.00M | 408.70M | 333.20M | 319.10M |
| Operating Expenses | 23.97B | 23.04B | 22.10B | 20.85B | 18.59B | 17.95B | 17.37B | 15.65B | 16.88B | 16.81B | 17.60B | 17.06B | 16.24B | 15.55B | 15.10B | 16.39B | 15.36B | 15.02B | 13.37B | 11.79B | 12.85B | 11.39B | 9.96B | 9.13B | 8.34B | 6.36B | 5.70B | 5.38B | 5.05B | 4.54B | 4.02B | 3.75B | 3.49B | 3.11B | 2.81B | 2.63B | 2.27B | 1.94B | 1.89B |
| Cost & Expenses | 101.71B | 105.27B | 97.06B | 87.02B | 73.45B | 71.25B | 68.49B | 64.53B | 68.88B | 68.08B | 68.76B | 68.09B | 64.54B | 62.14B | 60.68B | 60.55B | 58.10B | 54.42B | 48.30B | 43.24B | 44.64B | 40.65B | 37.21B | 34.43B | 31.37B | 29.00B | 26.02B | 24.01B | 22.57B | 20.17B | 18.18B | 16.88B | 15.25B | 13.76B | 12.70B | 11.51B | 10.13B | 8.65B | 8.16B |
| Interest Income | 0.00 | 478.00M | 421.00M | 465.00M | 467.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 78.00M | 3.00M | 3.00M | 3.00M | 28.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 502.00M | 478.00M | 421.00M | 977.00M | 477.00M | 461.00M | 653.00M | 1.00B | 607.00M | 882.00M | 1.13B | 762.00M | 869.00M | 760.00M | 804.00M | 894.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 2.80B | 2.70B | 2.64B | 2.49B | 2.60B | 2.47B | 2.48B | 2.30B | 2.21B | 2.13B | 2.22B | 2.14B | 2.13B | 2.08B | 2.02B | 1.83B | 1.66B | 1.50B | 1.41B | 1.26B | 1.32B | 1.21B | 1.08B | 940.00M | 854.00M | 780.00M | 693.00M | 650.00M | 594.00M | 531.00M | 498.00M | 459.00M | 410.00M | 372.00M | 319.00M | 292.00M | 232.40M | 184.90M | 172.80M |
| EBITDA | 8.62B | 6.66B | 11.97B | 9.09B | 7.33B | 6.70B | 6.85B | 7.31B | 7.32B | 6.66B | 6.88B | 7.56B | 7.45B | 7.34B | 6.75B | 6.33B | 6.93B | 6.57B | 5.73B | 4.86B | 4.84B | 4.48B | 3.76B | 3.42B | 3.18B | 2.73B | 2.44B | 2.01B | 1.54B | 1.67B | 1.55B | 1.51B | 1.28B | 1.36B | 1.26B | 982.00M | 784.00M | 796.60M | 805.20M |
| EBITDA Ratio | 8.03% | 6.04% | 11.29% | 9.63% | 9.31% | 8.77% | 8.95% | 10.46% | 10.49% | 9.18% | 8.89% | 10.25% | 10.67% | 10.89% | 10.25% | 9.59% | 10.94% | 11.04% | 10.89% | 10.38% | 10.05% | 10.19% | 9.42% | 9.26% | 9.44% | 8.83% | 8.77% | 8.45% | 6.54% | 7.84% | 8.06% | 8.41% | 7.94% | 9.20% | 9.26% | 8.00% | 7.34% | 8.39% | 9.43% |
| Operating Income | 5.71B | 3.85B | 8.95B | 6.54B | 4.66B | 4.11B | 4.22B | 4.97B | 4.91B | 4.54B | 3.84B | 5.21B | 5.32B | 5.25B | 4.67B | 4.40B | 5.27B | 5.07B | 4.32B | 3.60B | 3.52B | 3.26B | 2.68B | 2.48B | 2.33B | 1.95B | 1.74B | 1.36B | 943.00M | 1.14B | 1.05B | 1.05B | 870.00M | 984.00M | 945.00M | 690.00M | 551.60M | 611.70M | 632.40M |
| Operating Income Ratio | 5.31% | 3.53% | 8.44% | 6.99% | 5.96% | 5.45% | 5.81% | 7.15% | 6.65% | 6.25% | 5.29% | 7.11% | 7.62% | 7.79% | 7.15% | 6.78% | 8.32% | 8.52% | 8.22% | 7.69% | 7.31% | 7.43% | 6.72% | 6.71% | 6.91% | 6.31% | 6.28% | 5.36% | 4.01% | 5.35% | 5.47% | 5.85% | 5.40% | 6.68% | 6.93% | 5.65% | 5.17% | 6.61% | 7.19% |
| Total Other Income/Expenses | -410.00M | -430.00M | -39.00M | -993.00M | -468.00M | -434.00M | -594.00M | -1.00B | 1.60B | -882.00M | -658.00M | -523.00M | -866.00M | -757.00M | -801.00M | -866.00M | -647.00M | -572.00M | -463.00M | -570.00M | -556.00M | -584.00M | -473.00M | -425.00M | -393.00M | -398.00M | -416.00M | -576.00M | -442.00M | -426.00M | -446.00M | -437.00M | -398.00M | -325.00M | -267.00M | -218.00M | -151.80M | -117.50M | -107.80M |
| Income Before Tax | 5.30B | 3.42B | 8.91B | 5.55B | 4.19B | 3.68B | 3.63B | 3.97B | 4.92B | 3.65B | 3.10B | 4.61B | 4.46B | 4.50B | 3.87B | 3.54B | 4.63B | 4.50B | 3.86B | 3.03B | 2.96B | 2.68B | 2.22B | 2.05B | 1.94B | 1.56B | 1.33B | 783.00M | 501.00M | 714.00M | 607.00M | 611.00M | 472.00M | 659.00M | 678.00M | 472.00M | 399.80M | 494.20M | 524.60M |
| Income Before Tax Ratio | 4.93% | 3.13% | 8.40% | 5.93% | 5.36% | 4.88% | 4.99% | 5.71% | 6.67% | 5.03% | 4.27% | 6.29% | 6.38% | 6.67% | 5.92% | 5.44% | 7.30% | 7.56% | 7.34% | 6.47% | 6.15% | 6.09% | 5.56% | 5.56% | 5.74% | 5.03% | 4.78% | 3.09% | 2.13% | 3.35% | 3.16% | 3.41% | 2.93% | 4.47% | 4.97% | 3.87% | 3.74% | 5.34% | 5.97% |
| Income Tax Expense | 1.16B | 638.00M | 1.96B | 1.18B | 921.00M | 746.00M | 722.00M | 1.30B | 1.60B | 1.20B | 1.13B | 1.61B | 1.53B | 1.58B | 1.38B | 1.32B | 1.78B | 1.71B | 1.45B | 1.15B | 1.12B | 1.02B | 842.00M | 789.00M | 751.00M | 594.00M | 524.00M | 309.00M | 190.00M | 280.00M | 232.00M | 228.00M | 171.00M | 249.00M | 268.00M | 185.00M | 171.40M | 239.20M | 241.00M |
| Net Income | 4.14B | 2.78B | 6.95B | 4.37B | 3.28B | 2.94B | 2.91B | 2.74B | 3.36B | -1.64B | 1.97B | 3.00B | 2.93B | 2.92B | 2.49B | 2.21B | 2.85B | 2.79B | 2.41B | 3.20B | 1.84B | 1.65B | 1.37B | 1.26B | 1.14B | 935.00M | 751.00M | 463.00M | 311.00M | 434.00M | 375.00M | 383.00M | 301.00M | 410.00M | 410.00M | 287.00M | 228.40M | 257.10M | 283.60M |
| Net Income Ratio | 3.85% | 2.55% | 6.55% | 4.67% | 4.20% | 3.90% | 4.01% | 3.94% | 4.56% | -2.25% | 2.72% | 4.09% | 4.19% | 4.33% | 3.81% | 3.41% | 4.50% | 4.68% | 4.58% | 6.83% | 3.82% | 3.77% | 3.43% | 3.43% | 3.39% | 3.02% | 2.71% | 1.82% | 1.32% | 2.04% | 1.95% | 2.14% | 1.87% | 2.78% | 3.00% | 2.35% | 2.14% | 2.78% | 3.23% |
| EPS | 8.97 | 6.02 | 14.23 | 8.73 | 6.42 | 5.56 | 5.32 | 4.74 | 5.35 | -2.58 | 3.10 | 4.57 | 4.31 | 4.03 | 3.31 | 2.87 | 3.37 | 3.23 | 2.73 | 3.54 | 1.78 | 1.79 | 1.22 | 1.40 | 1.25 | 1.04 | 0.84 | 0.51 | 0.34 | 0.48 | 0.42 | 0.42 | 0.33 | 0.45 | 0.45 | 0.29 | 0.20 | 0.23 | 0.25 |
| EPS Diluted | 8.94 | 5.98 | 14.10 | 8.64 | 6.36 | 5.51 | 5.29 | 4.70 | 5.31 | -2.56 | 3.07 | 4.52 | 4.28 | 4.00 | 3.30 | 2.86 | 3.33 | 3.21 | 2.71 | 3.51 | 1.76 | 1.78 | 1.21 | 1.38 | 1.23 | 0.99 | 0.80 | 0.48 | 0.33 | 0.46 | 0.40 | 0.40 | 0.31 | 0.43 | 0.45 | 0.29 | 0.20 | 0.23 | 0.25 |
| Weighted Avg Shares Out | 461.50M | 462.10M | 488.10M | 500.60M | 510.90M | 528.60M | 547.74M | 577.60M | 627.70M | 634.70M | 635.10M | 656.70M | 679.10M | 723.60M | 752.00M | 770.40M | 845.40M | 861.90M | 882.00M | 903.80M | 1.02B | 908.00M | 1.12B | 903.50M | 902.78M | 880.00M | 872.20M | 907.84M | 914.71M | 904.17M | 892.86M | 911.90M | 912.12M | 911.11M | 911.11M | 989.66M | 1.14B | 1.12B | 1.13B |
| Weighted Avg Shares Out (Dil) | 462.80M | 464.70M | 492.70M | 505.40M | 515.60M | 533.20M | 550.85M | 582.50M | 632.90M | 640.10M | 641.80M | 663.30M | 683.90M | 729.40M | 754.80M | 773.60M | 850.80M | 868.60M | 889.20M | 912.10M | 1.03B | 914.30M | 1.13B | 913.00M | 930.08M | 934.60M | 927.40M | 964.58M | 942.42M | 943.48M | 937.50M | 957.50M | 970.97M | 953.49M | 911.11M | 989.66M | 1.14B | 1.12B | 1.13B |
Weakened Target Faces China Competition On Black Friday
Target (NASDAQ: TGT) has enough sales problems.
As retailers enter the holiday shopping season, the winners are pulling away from the pack
Retailers' earnings reports over the past two weeks have illustrated a sharp divide between brands that are winning sales and those that are missing out. Target, Kohl's and Best Buy each reported disappointing results, but Walmart, Dick's Sporting Goods and...
Shopping For Value On Black Friday
Despite market downtrends, Target (TGT) and Nike (NKE) offer strong value opportunities due to their profitability, valuation, and capital allocation strategies. Target's financial metrics, including gross profit, net income, and free cash flow margins, outperform competitors like Walmart and Costco,...
6 High-Yield Dividend Aristocrats To Buy With The Market At Record Highs
The market is back to record highs, and many investors are worried about putting new money to work. Combining maximum yield with maximum total return optimizes current yield and future retirement income without sacrificing medium- to long-term returns. These six...
Target Test Prep Review (2024): Top GMAT, EA, GRE, SAT Prep Courses Reviewed by Expert Consumers
NEW YORK CITY, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Expert Consumers recognizes Target Test Prep as the top provider of GMAT, EA, GRE, and SAT prep courses for 2024. After rigorous evaluation of the most popular and effective prep programs...
Walmart Says Consumers Are Resilient, but Target Says They Are Cautious. Here's Why These Retail Stocks Have Been Going in Opposite Directions.
Walmart (WMT 0.62%) and Target (TGT 2.80%) are two of the nation's top retailers. But their stocks have been going in opposite directions this year.
Target Corporation (TGT) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
NEW YORK, NY / ACCESSWIRE / November 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Target Corporation ("Target Corporation") (NYSE:TGT) concerning possible violations of federal securities laws. On November 20, 2024, Target reported...
Bronstein, Gewirtz & Grossman, LLC Encourages Target Corp. (TGT) Stockholders to Inquire about Securities Investigation
EAST NEW YORK, NY / ACCESSWIRE / November 28, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Target Corp. ("Target" or "the Company") (NASDAQ:TGT). Investors who purchased Target securities are encouraged to...
Skip the Trip to Walmart, These 8 Stores Have Better Deals
24/7 Insights Many believe that Walmart is the cheapest place to shop. Other retailers go out of their way to drop pricing below that of Walmart. Some of the best pricing can be found at regional grocers. Also: 2 Dividend...
Target Stock Just Lost Over 20%. What Can We Expect From the Stock Going Forward?
I'm a big fan of Target (TGT 2.80%), but it's hard to ignore the pain that was the company's third-quarter results. The retailer reduced its forecast for the year, saw weak traffic even after reducing prices on a lot of...
Source: https://incomestatements.info
Category: Stock Reports