Target's start dates back to 1962, but now it is one of the largest discount retailers in the United States (where it derives all of its sales), operating just under 2,000 stores and generating over $104 billion in fiscal 2025 sales.
It is a $69.8B consumer staples company. Revenue shrank 16.0% over the last year, it keeps 4¢ of every dollar of sales as profit, and its net debt equals ~2.0 years of free cash flow. It trades at 15.9× earnings — around the middle of its own history.
- Website
- corporate.target.com
- Location
- Minneapolis, MN
- Employees
- 415 000
- Sector
- Consumer Defensive
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation; Growth and Profitability lag behind.
Valuation87
- P/E vs own history43th pct · 12/25
- FCF yield9.7% · 25/25
- P/S0.6x · 25/25
- EV/EBITDA9.2x · 25/25
Growth12
- Revenue CAGR-1.0% · 0/25
- Net income CAGR7.4% · 12/25
- EPS CAGR ~5Y-11.5% · 0/25
- Fwd implied growth-1.2% · 0/25
Profitability48
- ROIC10.9% · 12/25
- ROE26.7% · 25/25
- Net margin4.2% · 6/25
- Operating margin5.6% · 5/25
Health61
- Altman Z2.21 · 18/25
- Current ratio0.99 · 6/25
- Interest coverage11.7x · 25/25
- Net cash / debtD/A 23% · 12/25
Quality70
- Piotroski F3/9 · 5/25
- Beneish M-3.17 · 25/25
- FCF conversion77% · 15/25
- Margin stabilityσ 2.3% · 25/25
Moat61
- ROIC >12% years11/12 yrs · 25/25
- Median gross margin29.0% · 6/25
- FCF-positive years11/12 yrs · 18/25
- Worst-year net marginworst 3.1% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2023FinancialPositive free cash flow every year since5-year streak
- FY2021FinancialBest year on record$18.4B net income
- FY2016FinancialProfitable every year on record12 consecutive profitable years in our data
- FY2016FinancialRevenue already above $100B$167B in first reported year
- 2007MilestoneOriginally titled IFC Cinema Red, the promotion was rebranded on-air as The Spotlight in 2007
- 2005ProductTarget introduced a major revision of prescription bottles
- 2000MilestoneDayton's was renamed Target Corporation in 2000
- 1999ProductAfter hiring architect Michael Graves to design the scaffolding used to renovate the Washington Monument and…
- 1962ProductJohn Geisse and Douglas Dayton founded and launched Target stores for the Dayton Company
- 1962MilestoneThe first Target retail store was co-founded as a discount retailer by John Geisse and Douglas Dayton in 1962 for…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Interest covered 11.7× by operating earnings
Watch-outs
- Revenue shrinking 16.0% year over year
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago-16.0% YoY
- Profitable — makes more than it spends$9.80B TTM
- Profit growing — earnings are higher than last year+10.8% YoY
- Generates cash — cash left after running and investing$6.75B TTM
- Debt under control — could handle its obligations~2.0y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$69.8B market cap
- Not printing shares — share count not ballooning — you keep your slice-2.2% shares over ~5y
- Proven track record — years of profitability behind it12/12 profitable years
- Financially stable — balance sheet not near distressAltman Z 2.2 — grey
- Pays a dividend — returns cash to shareholdersyield 2.96%
- Valuation not extreme — price not wildly above earningsP/E 15.9
Peer comparisonTarget Corporation vs 6 largest consumer defensive peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| TGT this company | $69.8B | 15.9 | -16.0% | 4.2% | Solid |
| WMT Walmart Inc. | $882.9B | 40.8 | +6.2% | 3.0% | Strained |
| COST Costco Wholesale Corp | $419.2B | 45.5 | +10.1% | 3.0% | Mixed |
| KO Coca-Cola Company | $379.3B | 26.5 | +6.5% | 28.6% | Mixed |
| PG Procter & Gamble Company | $351.2B | 21.9 | +3.3% | 18.4% | Solid |
| PM Philip Morris International Inc. | $313.6B | 28.8 | +8.9% | 25.6% | Strained |
| PEP PepsiCo, Inc. | $171.8B | 16.5 | +6.4% | 11.1% | Strained |
Head-to-head: TGT vs WMT · TGT vs COST · TGT vs KO
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2027. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/TGT
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of TGT on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $153.68 · market cap $69.8B.