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Wednesday 7 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. Member of the S&P 500; dividend growth for twenty-five consecutive years.

154.33 1.34 +0.88%
Market cap
$70.1B
P/E
15.9×
Dividend yield
2.97%
F-score
6/9
Altman Z
2.90
Beneish M
n/a
Dividend safety
73/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Target Corporation (TGT) Beneish M-score

Alert me on Beneish M-score

Target Corporation's Beneish M-score for fiscal 2026 cannot be worked out: days’ sales in receivables index cannot be worked out.

Beneish M-score, annual

No history to chart for TGT yet.

Annual newest first

Period Beneish M-score Change (points)

How fiscal 2026’s score is made up

Component This year Year before Result Points
Days’ sales in receivables index — — n/a —
Gross margin index 1.01 — 0.53
Asset quality index 1.05 — 0.43
Sales growth index 0.98 — 0.88
Depreciation index 0.97 — 0.11
SG&A index 1.00 — −0.17
Total accruals to total assets (0.05) — −0.22
Leverage index 0.98 — −0.32
Beneish M-score n/a — days’ sales in receivables index cannot be worked out —

How the Beneish M-score works

M = −4.84 + 0.920 × DSRI + 0.528 × GMI + 0.404 × AQI + 0.892 × SGI + 0.115 × DEPI − 0.172 × SGAI + 4.679 × TATA − 0.327 × LVGI (Beneish, 1999): eight changes in the accounts from one fiscal year to the next, which the model weighs for the pattern seen in companies that later restated their earnings. Higher is worse.

below −2.22Low — no pattern the model associates with manipulation
−2.22 to −1.78Elevated
above −1.78Flagged by the model

−1.78 is the cut-off usually quoted from the paper, −2.22 a common conservative one. A statistical screen, not a finding of wrongdoing.

When asset quality, depreciation or SG&A cannot be worked out, that index is set to 1, as Beneish did, and the breakdown says so; with all three missing there is no score. Depreciation includes amortisation, and asset quality leaves out securities. Not worked out for banks, insurers and REITs.

Beneish M-score against peers

Company Beneish M-score
DG Dollar General Corporation compare −3.6×
TBBB BBB Foods Inc. compare −3.3×
BJ BJ's Wholesale Club Holdings, Inc. compare −2.9×
PSMT PriceSmart, Inc. compare −2.8×
WMT Walmart Inc. compare −2.7×
COST Costco Wholesale Corporation compare −2.7×
OLLI Ollie's Bargain Outlet Holdings, Inc. compare −2.1×
DLTR Dollar Tree, Inc. compare —
TGT Target Corporation —

What Beneish M-score is

The Beneish M-Score combines eight year-on-year changes in the accounts into a statistical screen for patterns seen in companies that overstated earnings.

−4.84 + 0.920 × DSRI + 0.528 × GMI + 0.404 × AQI + 0.892 × SGI + 0.115 × DEPI − 0.172 × SGAI + 4.679 × TATA − 0.327 × LVGI

The full definition of Beneish M-score →

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