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TGT · NYSE · United States · Retail-Variety Stores
In shortTARGET CORP is profitable, generates cash and carries moderate debt, with revenue stable (−1.7% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 4.9% | 33/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 3.5% | 34/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 24.0% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 12.2% | 81/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.94× | 12/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.02× | 55/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.77× | 92/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 11.50× | 95/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.34 | 6/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 2.7% | 31/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.77× | 58/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 6.4% | 88/100 |
| Operating margin volatility | 1.8% | 93/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -1.3% | 9/100 |
|---|---|---|
| EPS growth, 3-year average | 10.8% | 79/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 106,005 | 109,120 | 107,412 | 106,566 | 104,780 |
| Cost of revenue | 74,963 | 82,306 | 77,828 | 76,502 | 75,511 |
| Gross profit | 31,042 | 26,814 | 29,584 | 30,064 | 29,269 |
| Selling, general & admin | 19,752 | 20,581 | 21,462 | 21,969 | 21,535 |
| Operating income | 8,946 | 3,848 | 5,707 | 5,566 | 5,117 |
| Interest expense | 421 | 478 | 502 | 411 | 445 |
| Pre-tax income | 8,907 | 3,418 | 5,297 | 5,261 | 4,767 |
| Income tax | 1,961 | 638 | 1,159 | 1,170 | 1,062 |
| Net income | 6,946 | 2,780 | 4,138 | 4,091 | 3,705 |
| Diluted EPS | $14.10 | $5.98 | $8.94 | $8.86 | $8.13 |
| Diluted shares (millions) | 493 | 465 | 463 | 462 | 456 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of TARGET CORP are included in the Investor plan. Try free for 7 days →
1.34 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Aug 1, 2026 · Data updated Aug 28, 2026