Target operates roughly 2,000 discount retail stores across the U.S., selling a wide range of everyday and discretionary goods — including groceries, household essentials, beauty products, apparel, electronics, and home furnishings. Customers are general consumers shopping for both routine needs and discretionary purchases. Revenue comes almost entirely from in-store sales (97%+), with about 30% of sales coming from Target's own private-label brands, which tend to carry better margins than national brands.
Employees415,000IPOJun 1, 1972SIC5331HQ1000 Nicollet Mall, Minneapolis, MN, USA, 55403
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
29.3%
Operating Margin
5.6%
EBITDA Margin
8.6%
Net Margin
4.1%
OCF Margin
8.1%
FCF Margin
4.1%
Returns on Capital
ROE
27.0%
ROA
7.4%
ROIC
11.3%
ROCE
15.7%
ROC (Greenblatt)
16.2%
3Y ROIIC
14.3%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
16.02
Forward P/E
14.67
P/E ex-NRI
15.36
Shiller P/E (CAPE)
16.29
Cash Flow Multiples
P/FCF
15.79
P/OCF
8.06
P/Owner Earnings
15.23
FCF Yield
6.35%
Enterprise Value Multiples
EV / EBIT
13.66
EV / Forward EBIT
12.65
EV / EBITDA
8.98
EV / Forward EBITDA
8.44
EV / Revenue
0.77
EV / Forward Revenue
0.75
Asset / Sales
P/S
0.65
P/B
3.93
P/Tangible Book
3.93
Growth-Adjusted
PEG
—
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
2.97%
Forward Dividend Yield
3.01%
3Y Dividend Growth
4.5%
Payout Ratio
0.45
5Y Yield on Cost
5.02%
Buybacks & Dilution
3Y Buyback Ratio
0.50%
5Y Share Change
−9.7%
Combined
Shareholder Yield
3.34%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
1.05
Gross Debt / EBITDA
2.02
Cash / Debt
0.29
Equity / Assets
0.29
Coverage
Interest Coverage
14.04
Short-Term Liquidity
Current Ratio
0.99
Quick Ratio
0.36
Cash Ratio
0.26
Composite Scores
Piotroski F-Score
6
Altman Z-Score
3.31
Split History
Date
Split
2000-07-20
2:1
1998-05-01
2:1
1996-07-18
3:1
1983-07-25
2:1
1981-12-01
2:1
Ex-date
Amount
Pay date
2026-08-12
$1.16
2026-09-01
2026-05-13
$1.14
2026-06-01
2026-02-11
$1.14
2026-03-01
2025-11-12
$1.14
2025-12-01
2025-08-13
$1.14
2025-09-01
2025-05-14
$1.12
2025-06-01
2025-02-12
$1.12
2025-03-01
2024-11-20
$1.12
2024-12-10
2024-08-21
$1.12
2024-09-10
2024-05-14
$1.1
2024-06-10
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View allDate
Transcript
Type
2026-08-19
Q2 2026 Target Corp Earnings Call Transcript
Earnings Call
2026-05-20
Q1 2026 Target Corp Earnings Call Transcript
Earnings Call
2026-03-03
Q4 2025 Target Corp Earnings Call Transcript
Earnings Call
2025-11-19
Q3 2025 Target Corp Earnings Call Transcript
Earnings Call
2025-08-20
Q2 2025 Target Corp Earnings Call Transcript
Earnings Call
2025-05-21
Q1 2025 Target Corp Earnings Call Transcript
Earnings Call
2025-03-04
Q4 2024 Target Corp Earnings Call And Financial Community Meeting Transcript
Earnings Call
2024-11-20
Q3 2024 Target Corp Earnings Call Transcript
Earnings Call
2024-08-21
Q2 2024 Target Corp Earnings Call Transcript
Earnings Call
2024-05-22
Q1 2024 Target Corp Earnings Call Transcript
Earnings Call
10 of 34
5-Step DuPont Analysis
ROE %
26.41%
×
×
Net Margin %
4.08%
×
×
Operating Margin %
5.59%
Operating Income
$6.02B
÷
Revenue
$107.70B
×
Tax Burden
0.7761
Net Income
$4.39B
÷
Pretax Income
$5.66B
×
Interest Burden
0.9396
Pretax Income
$5.66B
÷
Operating Income
$6.02B
×
Asset Turnover
1.81
÷
Revenue
$107.70B
÷
Average Total Assets
$59.54B
Begin Total Assets
$57.85B
End Total Assets
$61.23B
×
Equity Multiplier
3.58
÷
Avg Total Assets
$59.54B
÷
Avg Stockholders Equity
$16.63B
Begin Equity
$15.42B
End Equity
$17.84B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| BlackRock, Inc. | 38.7M | 8.55% | +787.8K | $5.05B |
| STATE STREET CORP | 36.0M | 7.96% | -1.4M | $4.71B |
| VANGUARD CAPITAL MANAGEMENT LLC | 29.6M | 6.55% | +236.1K | $3.87B |
| FMR LLC | 24.6M | 5.44% | +4.7M | $3.22B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 22.1M | 4.87% | +192.4K | $2.88B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 15.4M | 3.41% | +1.4M | $2.02B |
| GEODE CAPITAL MANAGEMENT, LLC | 10.8M | 2.39% | +247.2K | $1.41B |
| MORGAN STANLEY | 6.9M | 1.52% | -183.2K | $896.32M |
| Bank of New York Mellon Corp | 6.4M | 1.41% | +3.4M | $831.47M |
| GOLDMAN SACHS GROUP INC | 6.3M | 1.38% | +1.1M | $816.86M |
10 of 1,916
View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| Gomez Richard H.Officer | 134.9K | 0.0298% | $20.81M |
| FIDDELKE MICHAEL JOfficer | 124.8K | 0.0276% | $19.25M |
| Lee JamesOfficer | 83.8K | 0.0185% | $12.93M |
| Kremer Melissa KOfficer | 57.0K | 0.0126% | $8.79M |
| HENNINGTON CHRISTINAOfficer | 52.9K | 0.0117% | $8.16M |
| Vemana PratabkumarOfficer | 50.5K | 0.0112% | $7.79M |
| SYLVESTER CARA AOfficer | 45.9K | 0.0101% | $7.09M |
| BAKER DOUGLAS M JRDirector | 44.3K | 0.0098% | $6.83M |
| Tu AmyOfficer | 40.8K | 0.0090% | $6.30M |
| Cornell Brian COfficer | — | — | — |
10 of 29· 1 withheld
View allRecent insider activity
through Sep 30, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| WEINSTEIN MARK A.Officer | Grant/Award (Rule 16b-3(d)) | +2.1K | $0 | Sep 30, 2026 |
| WEINSTEIN MARK A.Officer | Grant/Award (Rule 16b-3(d)) | +23.8K | $0 | Sep 30, 2026 |
| Lee JamesOfficer | Tax Withholding | -7.6K | $1.21M | Sep 30, 2026 |
| Cornell Brian COfficer | Open-Market or Private Sale | -50.0K | $8.18M | Aug 25, 2026 |
| Kremer Melissa KOfficer | Open-Market or Private Sale | -15.5K | $2.63M | Aug 24, 2026 |
| LIEGEL MATTHEW AOfficer | Open-Market or Private Sale | -926 | $151.4K | Aug 21, 2026 |
| DePinto Joseph MichaelDirector | Grant/Award (Rule 16b-3(d)) | +1.0K | $0 | Aug 3, 2026 |
| McGee Grant BOfficer | Grant/Award (Rule 16b-3(d)) | +4.1K | $0 | Jun 30, 2026 |
| McGee Grant BOfficer | Grant/Award (Rule 16b-3(d)) | +15.3K | $0 | Jun 30, 2026 |
| ROATH LISA ROfficer | Open-Market or Private Sale | -7.0K | $966.5K | Jun 29, 2026 |
10 of 2,075
View all