Saturday 10 October 2026
Export all TGT data to Excel Powerpack
Target Corporation
TGT Consumer Defensive Discount Stores
Target Corporation’s revenue for fiscal 2026 (year ended January 2026) was $104.8 billion, down 1.68% from fiscal 2025. In the quarter to July 2026, revenue grew 5.27%, EPS grew 100.5%, free cash flow grew 141.2% and total debt fell 6.68%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.
153.64
1.12
−0.72%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to January
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 48.56 | 60.15 | 64.76 | 90.17 | 166.83 | 137.16 | 102.93 | 120.21 | 83.44 | 97.07 |
Analyst estimates 2027–2029 Powerpack |
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| High | 74.24 | 90.39 | 130.24 | 181.17 | 268.98 | 254.87 | 181.70 | 181.86 | 145.08 | 170.75 | |||||
| People | |||||||||||||||
| People | Employees | 323,000 | 345,000 | 360,000 | 368,000 | 409,000 | 450,000 | 440,000 | 415,000 | 440,000 | 415,000 | ||||
| Revenue/emp, $m | 0.22 | 0.21 | 0.21 | 0.21 | 0.23 | 0.24 | 0.25 | 0.26 | 0.24 | 0.25 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 70,271 | 72,714 | 75,356 | 78,112 | 93,561 | 106,005 | 109,120 | 107,412 | 106,566 | 104,780 | ||||
| Gross margin, % | 30.06 | 29.69 | 29.27 | 29.76 | 29.27 | 29.28 | 24.57 | 27.54 | 28.21 | 27.93 | |||||
| EBT | 3,961 | 3,630 | 3,676 | 4,190 | 5,546 | 8,907 | 3,418 | 5,297 | 5,261 | 4,767 | |||||
| EBT margin, % | 5.64 | 4.99 | 4.88 | 5.36 | 5.93 | 8.40 | 3.13 | 4.93 | 4.94 | 4.55 | |||||
| Net income | 2,734 | 2,914 | 2,937 | 3,281 | 4,368 | 6,946 | 2,780 | 4,138 | 4,091 | 3,705 | |||||
| Depreciation | 2,318 | 2,476 | 2,474 | 2,604 | 2,485 | 2,642 | 2,700 | 2,801 | 2,981 | 3,134 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 121.66 | 132.98 | 142.56 | 152.89 | 186.90 | 217.18 | 236.14 | 232.75 | 231.46 | 230.74 | ||||
| Earnings | 4.74 | 5.36 | 5.55 | 6.42 | 8.72 | 14.23 | 6.02 | 8.96 | 8.89 | 8.16 | |||||
| Cash flow | 9.43 | 12.68 | 11.30 | 13.93 | 21.02 | 17.67 | 8.70 | 18.68 | 16.00 | 14.45 | |||||
| Capex | (2.60) | (4.58) | (6.49) | (5.80) | (5.21) | (7.21) | (11.95) | (10.41) | (6.28) | (8.21) | |||||
| Free cash flow | 6.83 | 8.11 | 4.81 | 8.13 | 15.82 | 10.47 | (3.25) | 8.27 | 9.72 | 6.24 | |||||
| Book value | 18.96 | 21.31 | 21.37 | 23.16 | 28.85 | 26.28 | 24.31 | 29.11 | 31.85 | 35.60 | |||||
| Shares, m | 578 | 547 | 529 | 511 | 501 | 488 | 462 | 462 | 460 | 454 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 13.55 | 14.03 | 13.13 | 17.28 | 21.03 | 15.53 | 28.59 | 15.52 | 15.50 | 13.41 | ||||
| P/S | 0.53 | 0.57 | 0.51 | 0.72 | 0.98 | 1.02 | 0.73 | 0.60 | 0.60 | 0.47 | |||||
| P/B | 3.40 | 3.53 | 3.42 | 4.78 | 6.36 | 8.39 | 7.08 | 4.78 | 4.33 | 3.08 | |||||
| EV/Sales | 0.68 | 0.69 | 0.64 | 0.84 | 1.03 | 1.09 | 0.86 | 0.71 | 0.70 | 0.58 | |||||
| EV/FCF | 12.04 | 11.25 | 19.00 | 15.77 | 12.13 | 22.59 | (62.22) | 20.03 | 16.68 | 21.41 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 5,444 | 6,935 | 5,973 | 7,117 | 10,525 | 8,625 | 4,018 | 8,621 | 7,367 | 6,562 | ||||
| Capex | (1,501) | (2,502) | (3,431) | (2,964) | (2,607) | (3,517) | (5,520) | (4,806) | (2,891) | (3,727) | |||||
| Free cash flow | 3,943 | 4,433 | 2,542 | 4,153 | 7,918 | 5,108 | (1,502) | 3,815 | 4,476 | 2,835 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | (717) | (512) | (2,495) | (1,585) | 631 | (174) | (1,654) | (1,806) | (1,345) | (1,225) | ||||
| Total debt | 12,749 | 11,398 | 11,275 | 11,499 | 12,680 | 13,720 | 16,139 | 16,038 | 15,940 | 16,456 | |||||
| Net debt | 10,237 | 8,755 | 9,719 | 8,922 | 4,169 | 7,809 | 13,910 | 12,233 | 11,178 | 10,968 | |||||
| Shareholders’ equity | 10,953 | 11,651 | 11,297 | 11,833 | 14,440 | 12,827 | 11,232 | 13,432 | 14,666 | 16,165 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 7.04 | 7.50 | 7.20 | 7.81 | 9.29 | 13.22 | 5.19 | 7.61 | 7.23 | 6.32 | ||||
| ROIC | 14.35 | 12.94 | 12.22 | 14.03 | 21.96 | 27.09 | 9.57 | 13.90 | 13.46 | 11.79 | |||||
| ROE | 22.87 | 25.78 | 25.60 | 28.37 | 33.25 | 50.95 | 23.11 | 33.55 | 29.12 | 24.03 | |||||
Negative figures in brackets.
Fiscal years to Jan 2026 · latest quarter Jul 2026
Charts ten years each
Target Corporation vs peers in Discount Stores (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| WMT Walmart Inc. | $877.2B | 40.2× | 40.9× | +5.94% (above 0%: growing) | −9.09% (below 0%: shrinking) | +15.75% (above 0%: growing) | 26.14% | 4.99% | Compare |
| COST Costco Wholesale Corporation | $420.2B | 45.6× | 42.9× | +11.10% (above 0%: growing) | +14.80% (above 0%: growing) | +30.72% (above 0%: growing) | 12.74% | 3.97% | Compare |
| TGT Target Corporation | $70.3B | 15.9× | 14.9× | +5.27% (above 0%: growing) | +100.49% (above 0%: growing) | +141.23% (above 0%: growing) | 33.67% | 9.65% | |
| DG Dollar General Corporation | $27.4B | 16.5× | 14.1× | +5.24% (above 0%: growing) | +33.16% (above 0%: growing) | −33.98% (below 0%: shrinking) | 32.60% | 6.81% | Compare |
| DLTR Dollar Tree, Inc. | $22.3B | 14.5× | 15.8× | +7.02% (above 0%: growing) | +196.70% (above 0%: growing) | +4,013.41% (above 0%: growing) | 42.91% | 14.11% | Compare |
| BJ BJ's Wholesale Club Holdings, Inc. | $12.5B | 21.4× | 19.8× | +15.73% (above 0%: growing) | +20.18% (above 0%: growing) | +165.90% (above 0%: growing) | 17.83% | 4.05% | Compare |
| TBBB BBB Foods Inc. | $5.8B | — (loss-making) | — (loss-making) | +55.49% (above 0%: growing) | n/m | +1,859.24% (above 0%: growing) | 16.75% | 1.35% | Compare |
| PSMT PriceSmart, Inc. | $5.2B | 32.4× | 31.9× | +12.49% (above 0%: growing) | +12.28% (above 0%: growing) | −76.43% (below 0%: shrinking) | 17.70% | 4.43% | Compare |
| OLLI Ollie's Bargain Outlet Holdings, Inc. | $5.2B | 19.0× | 17.0× | +9.09% (above 0%: growing) | +42.00% (above 0%: growing) | +19.36% (above 0%: growing) | 43.46% | 14.63% | Compare |
| Median of peers | $17.4B | 21.4× | 19.8× | +10.10% | +20.18% | +25.04% | 21.99% | 4.71% |
TGT metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
Target Corporation (TGT) key facts
- Concern: Target Corporation’s revenue for fiscal 2026 (year ended January 2026) was $104.8 billion, down 1.68% from fiscal 2025.
- Concern: Net income was $3.7 billion, or $8.16 per share (basic), a net margin of 3.54%.
- Target Corporation (TGT) is a Discount Stores company in the Consumer Defensive sector, listed on the New York Stock Exchange.
- As of October 9, 2026, TGT traded at $153.64, a market capitalization of $70.3 billion.
- At that price the stock trades at 15.9× trailing-twelve-month earnings and 0.6× sales; its P/E is higher than 54% of its own readings over the past ten years.
- Target Corporation pays an annual dividend of $4.58 per share, a yield of 2.98%, with a payout ratio of 47.6%.
- Return on equity was 24.0% and debt-to-equity 0.86.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.90 (grey zone) for fiscal 2026.