TGT
Target Corporation
NYSE: TGT · CONSUMER DEFENSIVE · DISCOUNT STORES
$127.87
+0.57% today
Updated 2026-04-29
Market cap
$58.08B
P/E ratio
15.75
P/S ratio
0.55x
EPS (TTM)
$8.12
Dividend yield
3.56%
52W range
$83 – $133
Volume
5.7M
Target Corporation (TGT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $59.49B | $63.37B | $64.95B | $65.36B | $67.39B | $69.86B | $73.30B | $71.28B | $72.62B | $73.78B | $70.27B | $72.71B | $75.36B | $78.11B | $93.56B | $106.00B | $109.12B | $107.41B | $106.57B | $104.78B |
| Revenue growth (YoY) | — | +6.5% | +2.5% | +0.6% | +3.1% | +3.7% | +4.9% | -2.8% | +1.9% | +1.6% | -4.8% | +3.5% | +3.6% | +3.7% | +19.8% | +13.3% | +2.9% | -1.6% | -0.8% | -1.7% |
| Cost of revenue | $40.11B | $42.73B | $45.77B | $45.58B | $46.59B | $48.31B | $51.03B | $50.04B | $51.28B | $52.24B | $49.15B | $51.13B | $53.30B | $54.86B | $66.18B | $74.96B | $82.31B | $77.83B | $76.50B | $75.51B |
| Gross profit | $19.38B | $20.64B | $19.18B | $19.77B | $20.80B | $21.56B | $22.27B | $21.24B | $21.34B | $21.54B | $21.13B | $21.59B | $22.06B | $23.25B | $27.38B | $31.04B | $26.81B | $29.58B | $30.06B | $29.27B |
| Gross margin | 32.6% | 32.6% | 29.5% | 30.3% | 30.9% | 30.9% | 30.4% | 29.8% | 29.4% | 29.2% | 30.1% | 29.7% | 29.3% | 29.8% | 29.3% | 29.3% | 24.6% | 27.5% | 28.2% | 27.9% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $12.82B | $13.70B | $14.56B | $13.08B | $13.47B | $14.11B | $14.91B | $12.82B | $12.95B | $13.04B | $14.17B | $15.05B | $15.63B | $14.63B | $17.05B | $18.14B | $18.97B | $19.87B | $20.30B | $21.54B |
| Operating income | $5.07B | $5.25B | $894.00M | $804.00M | $757.00M | $866.00M | $684.00M | $1.05B | $882.00M | $607.00M | $4.86B | $4.22B | $4.11B | $4.66B | $6.54B | $8.95B | $3.85B | $5.71B | $5.57B | $5.12B |
| Operating margin | 8.5% | 8.3% | 1.4% | 1.2% | 1.1% | 1.2% | 0.9% | 1.5% | 1.2% | 0.8% | 6.9% | 5.8% | 5.5% | 6.0% | 7.0% | 8.4% | 3.5% | 5.3% | 5.2% | 4.9% |
| EBITDA | $6.57B | $6.93B | $6.26B | $6.70B | $7.34B | $7.45B | $7.78B | $7.17B | $6.66B | $7.74B | $7.27B | $6.76B | $6.61B | $7.27B | $9.01B | $11.97B | $6.60B | $8.60B | $8.65B | $8.35B |
| EBITDA margin | 11.0% | 10.9% | 9.6% | 10.2% | 10.9% | 10.7% | 10.6% | 10.1% | 9.2% | 10.5% | 10.3% | 9.3% | 8.8% | 9.3% | 9.6% | 11.3% | 6.0% | 8.0% | 8.1% | 8.0% |
| EBIT | $5.07B | $5.27B | $4.43B | $4.68B | $5.25B | $5.32B | $5.74B | $5.17B | $4.54B | $5.53B | $4.95B | $4.28B | $4.14B | $4.67B | $6.52B | $9.33B | $3.90B | $5.80B | $5.67B | $5.21B |
| Interest expense | $0.00 | $0.00 | $894.00M | $804.00M | $757.00M | $866.00M | $684.00M | $1.05B | $882.00M | $607.00M | $991.00M | $653.00M | $461.00M | $477.00M | $977.00M | $421.00M | $478.00M | $502.00M | $411.00M | $445.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.79B | $2.85B | $2.21B | $2.49B | $2.92B | $2.93B | $3.00B | $1.97B | $-1.64B | $3.36B | $2.73B | $2.91B | $2.94B | $3.28B | $4.37B | $6.95B | $2.78B | $4.14B | $4.09B | $3.71B |
| Net income growth (YoY) | — | +2.2% | -22.3% | +12.4% | +17.4% | +0.3% | +2.4% | -34.3% | -183.0% | +305.6% | -18.7% | +6.6% | +0.8% | +11.7% | +33.1% | +59.0% | -60.0% | +48.8% | -1.1% | -9.4% |
| Profit margin | 4.7% | 4.5% | 3.4% | 3.8% | 4.3% | 4.2% | 4.1% | 2.8% | -2.3% | 4.6% | 3.9% | 4.0% | 3.9% | 4.2% | 4.7% | 6.6% | 2.5% | 3.9% | 3.8% | 3.5% |