Target Corporation was incorporated in Minnesota in 1902. Our corporate purpose is to help all families discover the joy of everyday life. We offer our customers, referred to as "guests," fashionable, differentiated merchandise and everyday essentials at discounted prices. We operate as a single segment designed to enable guests to purchase products seamlessly in stores or through our digital channels. Since 1946, we have given 5 percent of our profit to communities. When used in this report, the terms "we," "our," "us," "Target," and the "Corporation" mean Target Corporation and its subsidiaries, collectively, unless the context otherwise requires or indicates. Target’s strategy is grounded in our purpose to help all families discover the joy of everyday life and our ambition to be the most delightful experience in retail. We differentiate through design, style, and value, and a curated multi-category assortment delivered across stores and digital channels.
| Metric | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Revenue | 104.8B | 104.8B | 106.6B | 107.4B | 109.1B | 106.0B |
| Net Income | 3.7B | 3.7B | 4.1B | 4.1B | 2.8B | 6.9B |
| EPS | $8.13 | $8.13 | $8.86 | $8.94 | $5.98 | $14.10 |
| Free Cash Flow | 2.8B | 2.8B | 4.5B | 3.8B | -1.5B | 5.1B |
| ROIC | 13.6% | 17.1% | 19.1% | 19.4% | 11.7% | 40.1% |
| Gross Margin | 27.9% | 27.9% | 28.2% | 27.5% | 24.6% | 29.3% |
| Debt/Equity | 1.15 | 1.15 | 1.20 | 1.28 | 1.77 | 1.28 |
| Dividends/Share | $4.50 | $4.50 | $4.54 | $4.46 | $4.38 | $4.14 |
| Operating Income | 5.1B | 5.1B | 5.6B | 5.7B | 3.8B | 8.9B |
| Operating Margin | 4.9% | 4.9% | 5.2% | 5.3% | 3.5% | 8.4% |
| ROE | 22.9% | 24.0% | 27.9% | 30.8% | 24.8% | 54.2% |
| Shares Outstanding | 456M | 456M | 462M | 463M | 465M | 493M |
TARGET CORP passes 4 of 9 quality checks, suggesting mixed fundamentals.
TARGET CORP trades at 14.3x trailing earnings, compared to its 15-year median P/E of 13.4x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 17.7x vs a median of 11.6x. The company's 5-year average ROIC is 21.5% with a gross margin of 27.5%. Total shareholder yield (dividends + buybacks) is 4.6%. At current prices, the estimated annualized return to fair value is -3.1%.
TARGET CORP (TGT) has a current P/E ratio of 14.3, compared to its historical median P/E of 13.4. The stock is currently considered Fair based on its historical valuation range.
TARGET CORP (TGT) has a 5-year average return on invested capital (ROIC) of 21.5%. This indicates strong capital allocation and a potential competitive advantage.
TARGET CORP (TGT) has a market capitalization of $53.7B. It is classified as a large-cap stock.
Yes, TARGET CORP (TGT) pays a dividend with a trailing twelve-month yield of 3.82%. The company also returns capital through share buybacks, with a buyback yield of 0.76%.
Based on historical P/E analysis, TARGET CORP (TGT) appears fair. The current P/E of 14.3 is 7% above its historical median of 13.4. The estimated fair value CAGR (P/E method) is 5.4%.
TARGET CORP (TGT) operates in the Retail-Variety Stores industry, within the Consumer Defensive sector.
TARGET CORP (TGT) reported annual revenue of $104.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
TARGET CORP (TGT) has a net profit margin of 3.5%. This is a modest margin.
TARGET CORP (TGT) generated $2.8 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
TARGET CORP (TGT) has a debt-to-equity ratio of 1.15. This indicates moderate leverage.
TARGET CORP (TGT) reported earnings per share (EPS) of $8.13 in its most recent fiscal year.
TARGET CORP (TGT) has a return on equity (ROE) of 24.0%. This indicates the company generates strong returns for shareholders.
TARGET CORP (TGT) has a 5-year average gross margin of 27.5%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 19 years of financial data for TARGET CORP (TGT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
TARGET CORP (TGT) has a book value per share of $35.47, based on its most recent annual SEC filing.