Target › Financials
Target financials
TGTTen years from Target’s own SEC filings. Fiscal years end in January.
Income statement
| Jan 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Jan 2021fiscal year | Jan 2022fiscal year | Jan 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Jan 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70.27B | $72.71B | $75.36B | $78.11B | $93.56B | $106.00B | $109.12B | $107.41B | $106.57B | $104.78B | $107.70B | — |
| Gross profit | $20.35B | $20.75B | — | — | — | — | — | — | — | — | — | — |
| Operating income | $4.86B | $4.22B | $4.11B | $4.66B | $6.54B | $8.95B | $3.85B | $5.71B | $5.57B | $5.12B | $6.02B | — |
| Net income | $2.73B | $2.91B | $2.94B | $3.28B | $4.37B | $6.95B | $2.78B | $4.14B | $4.09B | $3.71B | $4.39B | — |
| Earnings per share, diluted | $4.69 | $5.29 | $5.51 | $6.36 | $8.64 | $14.10 | $5.98 | $8.94 | $8.86 | $8.13 | — | — |
Balance sheet
| Jan 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Jan 2021fiscal year | Jan 2022fiscal year | Jan 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Jan 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.51B | $2.64B | $1.56B | $2.58B | $8.51B | $5.91B | $2.23B | $3.81B | $4.76B | $5.49B | — | $5.41B |
| Total assets | $37.43B | $39.00B | $41.29B | $42.78B | $51.25B | $53.81B | $53.34B | $55.36B | $57.77B | $59.49B | — | $61.23B |
| Debt | $11.71B | $10.44B | $10.25B | $9.99B | $10.64B | $11.57B | $14.14B | $14.15B | $13.90B | $14.40B | — | $15.36B |
| Total liabilities | $26.48B | $27.29B | $29.99B | $30.95B | $36.81B | $40.98B | $42.10B | $41.92B | $43.10B | $43.33B | — | $43.39B |
| Shareholders' equity | $10.95B | $11.71B | $11.30B | $11.83B | $14.44B | $12.83B | $11.23B | $13.43B | $14.67B | $16.16B | — | $17.84B |
Cash flow
| Jan 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Jan 2021fiscal year | Jan 2022fiscal year | Jan 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Jan 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.44B | $6.93B | $5.97B | $7.12B | $10.53B | $8.62B | $4.02B | $8.62B | $7.37B | $6.56B | $8.72B | — |
| Capital spending | $1.55B | $2.53B | $3.52B | $3.03B | $2.65B | $3.54B | $5.53B | $4.81B | $2.89B | $3.73B | $4.27B | — |
| Free cash flow | $3.90B | $4.40B | $2.46B | $4.09B | $7.88B | $5.08B | −$1.51B | $3.81B | $4.48B | $2.83B | $4.46B | — |
| Buybacks | $3.71B | $1.05B | $2.12B | $1.56B | $745.0M | $7.19B | $2.65B | $0 | $1.01B | $408.0M | $153.0M | — |
| Dividends | $1.35B | $1.34B | $1.33B | $1.33B | $1.34B | $1.55B | $1.84B | $2.01B | $2.05B | $2.05B | $2.07B | — |
| Returned to shareholders | $5.05B | $2.38B | $3.46B | $2.90B | $2.09B | $8.74B | $4.48B | $2.01B | $3.05B | $2.46B | $2.22B | — |
| Stock-based pay | $113.0M | $112.0M | $132.0M | $147.0M | $200.0M | $228.0M | $220.0M | $251.0M | $304.0M | $281.0M | $302.0M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Target financials, answered
What is Target's market cap?
$70.08B at $154.26 a share, with 454,296,736 shares outstanding as of Aug 21, 2026, from the cover of its latest SEC filing.
How much does Target earn?
Revenue of $107.70B and net income of $4.39B in the last 12 months to Aug 2026.
How much debt does Target have?
Target reported $15.36B of debt and $5.41B of cash and equivalents on its balance sheet in Aug 2026.
Does Target make free cash flow?
Yes. Operating cash flow minus capital spending was $4.46B in the last 12 months to Aug 2026.
How much cash does Target return to shareholders?
$2.46B in buybacks and dividends in fiscal 2026, from the cash flow statement.