TGT
$156.00-0.45%
as of close, Oct 2, 2026
☾ AH $156.00 -0.45%
Target CorporationStock · Consumer StaplesS&P 500 Equal Weight 0.2%S&P 500 0.09%Russell 1000 0.09%US Stock Market 0.08%Russell 3000 0.08%MSCI ACWI 0.06%MSCI World 0.06%
TGT financial statements
The full income statement, balance sheet, and cash-flow statement for Target Corporation (TGT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-08 460.7M2024-11 458.2M2025-02 455.6M2025-05 454.4M2025-08 454.4M2025-11 452.8M2026-01 452.9M2026-05 454.2M2026-08 454.3M-1.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| Revenue | 105B-1.7% | 107B-0.8% | 107B-1.6% | 109B+2.9% | 106B+13.3% | |
| Cost of revenue | 75.5B-1.3% | 76.5B-1.7% | 77.8B-5.4% | 82.3B+9.8% | 75.0B+13.3% | |
| Selling, general & administrative | 21.5B-2.0% | 22.0B+2.4% | 21.5B+4.3% | 20.6B+4.2% | 19.8B+6.1% | |
| Operating income | 5.12B-8.1% | 5.57B-2.5% | 5.71B+48.3% | 3.85B-57.0% | 8.95B+36.8% | |
| Interest expense | 445M+8.3% | 411M-18.1% | 502M+5.0% | 478M+13.5% | 421M-56.9% | |
| Other non-operating income | 95.0M-10.4% | 106M+15.2% | 92.0M+91.7% | 48.0M-87.4% | 382M+2487.5% | |
| Pre-tax income | 4.77B-9.4% | 5.26B-0.7% | 5.30B+55.0% | 3.42B-61.6% | 8.91B+60.6% | |
| Income tax | 1.06B-9.2% | 1.17B+0.9% | 1.16B+81.7% | 638M-67.5% | 1.96B+66.5% | |
| 3.71B-9.4% | 4.09B-1.1% | 4.14B+48.8% | 2.78B-60.0% | 6.95B+59.0% | ||
| Income from continuing operations | — | — | — | — | 6.95B+59.0% | |
| Net income to common | — | — | — | — | 6.95B+59.0% | |
| $8.13-8.2% | $8.86-0.9% | $8.94+49.5% | $5.98-57.6% | $14.10+63.2% | ||
| EPS (basic) | $8.16-8.2% | $8.89-0.8% | $8.96+48.8% | $6.02-57.7% | $14.23+63.2% | |
| Weighted-avg shares (basic) | 454M-1.4% | 460M-0.2% | 462M-0.1% | 462M-5.3% | 488M-2.5% | |
| Weighted-avg shares (diluted) | 456M-1.3% | 462M-0.2% | 463M-0.4% | 465M-5.7% | 493M-2.5% | |
| Dividends per share | $4.54+1.8% | $4.46+1.8% | $4.38+5.8% | $4.14+22.5% | $3.38+25.2% | |
| Balance Sheet | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| 20.0B+2.8% | 19.5B+11.2% | 17.5B-2.0% | 17.8B-17.3% | 21.6B+3.9% | ||
| Cash & equivalents | 5.49B+15.2% | 4.76B+25.2% | 3.81B+70.7% | 2.23B-62.3% | 5.91B-30.5% | |
| Short-term investments | 4.61B+18.4% | 3.89B+34.4% | 2.90B+115.7% | 1.34B-73.1% | 4.99B-34.8% | |
| Cash & short-term investments | 5.49B+15.2% | 4.76B+25.2% | 3.81B+70.7% | 2.23B-62.3% | 5.91B-30.5% | |
| Inventory | 12.3B-3.4% | 12.7B+7.2% | 11.9B-11.9% | 13.5B-2.9% | 13.9B+30.5% | |
| Prepaid expenses | 223M-1.3% | 226M+12.4% | 201M+6.9% | 188M+10.6% | 170M-0.6% | |
| Other current assets | 2.21B+13.4% | 1.95B+8.0% | 1.81B-14.7% | 2.12B+20.3% | 1.76B+10.6% | |
| 59.5B+3.0% | 57.8B+4.4% | 55.4B+3.8% | 53.3B-0.9% | 53.8B+5.0% | ||
| Property, plant & equipment | — | — | 33.1B+5.0% | 31.5B+11.8% | 28.2B+4.8% | |
| Operating lease right-of-use | 3.70B-1.6% | 3.76B+11.9% | 3.36B+26.5% | 2.66B+4.0% | 2.56B+14.8% | |
| Goodwill | 631M+0.0% | 631M+0.0% | 631M+0.0% | 631M+0.0% | 631M+0.0% | |
| Other non-current assets | 2.03B+32.9% | 1.53B+9.3% | 1.40B+6.1% | 1.32B-12.1% | 1.50B+8.3% | |
| 21.2B+2.1% | 20.8B+7.7% | 19.3B-1.0% | 19.5B-10.3% | 21.7B+8.1% | ||
| Accounts payable | 12.6B-3.3% | 13.1B+7.9% | 12.1B-10.3% | 13.5B-12.9% | 15.5B+20.4% | |
| Accrued liabilities | 6.48B+6.0% | 6.11B+0.3% | 6.09B+3.5% | 5.88B-3.5% | 6.10B-0.4% | |
| Short-term & current debt | 2.13B+30.2% | 1.64B+46.6% | 1.12B+758.5% | 130M-24.0% | 171M-85.1% | |
| Current lease liability | 372M+5.4% | 353M+7.3% | 329M+11.1% | 296M+16.5% | 254M+20.4% | |
| Finance lease liability (current) | 131M-3.7% | 136M+14.3% | 119M-7.8% | 129M+19.4% | 108M+22.7% | |
| Long-term debt | 14.4B+3.6% | 13.9B-1.7% | 14.2B+0.1% | 14.1B+22.2% | 11.6B+8.7% | |
| Deferred revenue (non-current) | 358M-7.7% | 388M-7.4% | 419M-6.7% | 449M-6.3% | 479M-5.9% | |
| Non-current lease liability | 3.46B-3.4% | 3.58B+9.2% | 3.28B+24.3% | 2.64B+5.8% | 2.49B+12.4% | |
| Operating lease liability (total) | 3.83B-2.6% | 3.94B+9.1% | 3.61B+23.0% | 2.93B+6.8% | 2.75B+13.1% | |
| Finance lease liability (total) | 2.11B-2.2% | 2.16B+7.4% | 2.01B-2.8% | 2.07B-0.1% | 2.08B+11.9% | |
| Finance lease liability | 1.98B-2.1% | 2.02B+6.9% | 1.89B-2.5% | 1.94B-1.2% | 1.97B+11.4% | |
| Deferred tax liabilities | 2.27B-1.7% | 2.30B-7.1% | 2.48B+12.9% | 2.20B+40.2% | 1.57B+58.2% | |
| Other non-current liabilities | 2.04B-3.5% | 2.12B+9.1% | 1.94B+10.2% | 1.76B+8.0% | 1.63B-16.0% | |
| Total non-current liabilities | 22.1B-0.9% | 22.3B-1.4% | 22.6B+0.1% | 22.6B+17.5% | 19.2B+15.3% | |
| 16.2B+10.2% | 14.7B+9.2% | 13.4B+19.6% | 11.2B-12.4% | 12.8B-11.2% | ||
| Common stock | 38.0M+0.0% | 38.0M+0.0% | 38.0M+0.0% | 38.0M-2.6% | 39.0M-7.1% | |
| Additional paid-in capital | 7.25B+3.6% | 7.00B+3.5% | 6.76B+2.3% | 6.61B+2.9% | 6.42B+1.5% | |
| Retained earnings | 9.30B+14.9% | 8.09B+14.1% | 7.09B+41.7% | 5.00B-27.7% | 6.92B-21.6% | |
| Accumulated other comprehensive income | -417M+9.0% | -458M+0.4% | -460M-9.8% | -419M+24.2% | -553M+26.9% | |
| Total liabilities & equity | 59.5B+3.0% | 57.8B+4.4% | 55.4B+3.8% | 53.3B-0.9% | 53.8B+5.0% | |
| Common shares issued | 453M-0.6% | 456M-1.3% | 462M+0.3% | 460M-2.3% | 471M-5.9% | |
| Common shares outstanding | 453M-0.6% | 456M-1.3% | 462M+0.3% | 460M-2.3% | 471M-5.9% | |
| Shares outstanding (cover) | 453M-0.6% | 456M-1.3% | 462M+0.3% | 460M-0.4% | 462M-7.3% | |
| Cash Flow | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| 6.56B-10.9% | 7.37B-14.5% | 8.62B+114.6% | 4.02B-53.4% | 8.63B-18.1% | ||
| Depreciation & amortization | 3.13B+5.1% | 2.98B+6.4% | 2.80B+3.7% | 2.70B+2.2% | 2.64B+6.3% | |
| Share-based compensation | 281M-7.6% | 304M+21.1% | 251M+14.1% | 220M-3.5% | 228M+14.0% | |
| Deferred income taxes | -55.0M+69.4% | -180M-160.4% | 298M-48.8% | 582M+11.5% | 522M+383.7% | |
| Change in inventory | -436M-151.1% | 854M+152.9% | -1.61B-300.2% | -403M-112.4% | 3.25B+95.6% | |
| Change in payables | -501M-149.7% | 1.01B+182.9% | -1.22B+45.6% | -2.24B-185.1% | 2.63B-10.2% | |
| -3.65B-27.6% | -2.86B+39.9% | -4.76B+13.5% | -5.50B-74.5% | -3.15B-21.7% | ||
| Capital expenditure | 3.73B+28.9% | 2.89B-39.8% | 4.81B-13.1% | 5.53B+56.0% | 3.54B+33.8% | |
| Free cash flow | 2.83B-36.7% | 4.48B+17.3% | 3.81B+352.6% | -1.51B-129.7% | 5.08B-35.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | — | 3.00M-87.5% | 24.0M+200.0% | 8.00M-70.4% | 27.0M-35.7% | |
| Other investing activities | -78.0M-151.6% | -31.0M+32.6% | -46.0M-187.5% | -16.0M-128.6% | -7.00M+56.3% | |
| -2.19B+38.4% | -3.55B-55.4% | -2.29B-4.1% | -2.20B+72.8% | -8.07B-303.6% | ||
| Long-term debt issued | 1.98B+167.7% | 741M | 0.00-100.0% | 2.63B+33.1% | 1.97B-20.5% | |
| Long-term debt repaid | 1.64B+44.2% | 1.14B+674.8% | 147M-9.8% | 163M-85.8% | 1.15B-52.5% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 408M-59.5% | 1.01B | 0.00-100.0% | 2.65B-63.2% | 7.19B+864.8% | |
| Dividends paid | 2.05B+0.3% | 2.05B+1.7% | 2.01B+9.5% | 1.84B+18.6% | 1.55B+15.3% | |
| Net change in cash | 726M-24.1% | 957M-39.3% | 1.58B+142.8% | -3.68B-41.6% | -2.60B-143.8% | |
| Interest paid | 629M+2.3% | 615M+1.7% | 605M+34.7% | 449M+8.5% | 414M-55.9% | |
| Income taxes paid | 1.09B+3.4% | 1.05B+182.1% | 374M+75.6% | 213M-89.7% | 2.06B+100.1% | |
| Valuation Ratios | as ofJan 31 ’26 | as ofFeb 1 ’25 | as ofFeb 3 ’24 | as ofJan 28 ’23 | as ofJan 29 ’22 | |
| Market cap | 47.8B-24.4% | 63.2B-5.9% | 67.2B-13.4% | 77.6B-25.6% | 104B+15.0% | |
| P/E | 12.7×-12.2% | 14.5×-21.8% | 18.5×-17.8% | 22.5×+46.3% | 15.4×-35.2% | |
| P/S | 0.5×-22.8% | 0.6×-6.5% | 0.6×-11.9% | 0.7×-29.3% | 1.0×-1.4% | |
| P/B | 3.1×-29.4% | 4.4×-18.7% | 5.4×-23.8% | 7.0×-6.8% | 7.6×+10.9% | |
| P/FCF | 15.9×+14.2% | 13.9×-24.6% | 18.4× | — | 17.5×+42.2% | |
| Earnings yield | 7.9%+13.9% | 6.9%+27.9% | 5.4%+21.6% | 4.4%-31.6% | 6.5%+54.4% | |
| FCF yield | 6.3%-12.4% | 7.2%+32.7% | 5.4% | — | 5.7%-29.7% | |
| Dividend yield | 4.3%+33.1% | 3.2%+7.4% | 3.0%+22.5% | 2.5%+58.2% | 1.6%+4.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TGT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TGT filings on SEC EDGAR → Not investment advice.