NYSE:TGT
Target Corp.
Target Corp.'s revenue fell 1.7% in fiscal 2025 to $104.8B while operating margin fell to 4.9%. Free cash flow was $2.8B, 2.7% of revenue, and the diluted share count fell 1.3%.Summary generated from Target Corp.'s SEC filings. Latest annual report filed Mar 11, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$104.8B
Revenue growth−1.7%
Revenue, 5-yr CAGR+2.3%
Gross margin27.9%
Operating margin4.9%
Net margin3.5%
ROIC16.3%
Return on equity24.0%
Debt / equity0.89
Free cash flow$2.8B
FCF margin2.7%
Share count change−1.3%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 106.0 | 109.1 | 107.4 | 106.6 | 104.8 |
| Operating income | 8.9 | 3.8 | 5.7 | 5.6 | 5.1 |
| Net income | 6.9 | 2.8 | 4.1 | 4.1 | 3.7 |
| Free cash flow | 5.1 | −1.5 | 3.8 | 4.5 | 2.8 |
Recent filings
- 4Insider transaction report
Oct 2, 2026 - 4Insider transaction report
Oct 2, 2026 - 10-QQuarterly report for the period ended Aug 1, 2026
Aug 28, 2026 - 8-KResults of operations and financial condition
Aug 19, 2026 - 8-KEntry into a material agreement
Aug 14, 2026 - 8-KDirector or officer change
Jul 22, 2026 - 8-KDirector or officer change
Jun 12, 2026 - 10-QQuarterly report for the period ended May 2, 2026
May 29, 2026