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Target

TGT

Target Corporation is a leading general merchandise retailer that provides a curated assortment of fashionable, design-led products and everyday essentials at discounted prices.

Market cap
$70.31B+70.2%
Revenue$107.71B+2.0%
Net income$4.4B+11.8%
Free cash flow$4.5B+51.4%
EPS (diluted)$9.62+12.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 18, 2026 (in a month)
Revenue estimate$26.4B
EPS estimate$2.08

Financials

Q2 2026

Income statement

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Revenue$26.5B+5.3%
Gross profit$8.9B+22.3%
Operating income$2.6B+94.4%
Net income$1.9B+101%
EPS (diluted)$4.11+100%

Balance sheet

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Cash & equivalents$5.4B+24.6%
Total debt$18.7B-6.4%
Total equity$17.8B+15.7%
Total assets$61.2B+5.8%

Cash flow

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Operating cash flow$3.8B+82.6%
CapEx$1.4B+27.5%
Free cash flow$2.4B+141%

Valuation & ratios

Valuation

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Market cap$70.31B+70.2%
Enterprise value$83.58B+49.0%
P/E16×+5.7×
P/S0.7×+0.3×

Profitability

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Gross margin29.3%+1.5pp
Operating margin5.6%+0.5pp
Net margin4.1%+0.4pp
FCF margin4.1%+1.4pp

Returns & leverage

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Return on equity26.4%+0.1pp
Debt / equity1×-0.2×
Current ratio1×0.0×

Segments

By product

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Food & beverage$6.0B+7.2%
Household essentials$4.6B+4.4%
Apparel & accessories$4.1B+0.1%
Hardlines (Fun 101)$3.9B+10.6%
Home furnishings & décor$3.7B+0.2%

By segment

See full
Reportable Segment$26.5B+5.3%

Competitors

Profile

Target Corporation is a leading general merchandise retailer that provides a curated assortment of fashionable, design-led products and everyday essentials at discounted prices. The company operates an integrated omnichannel model, allowing customers to shop seamlessly through a vast network of physical stores and digital platforms. Its value proposition is built on a 'Tar-zhay' brand identity that balances style and quality with affordability.

Competitive position

Target maintains a unique position as a 'cheap chic' retailer, blending the low-price appeal of a discounter with the design-forward branding of a specialty boutique.

GeographiesUnited States
Customer segmentsMass market consumers, Middle-income households
Business modelBrick-and-mortar retail, E-commerce, Omnichannel retail
SuppliersGlobal consumer goods manufacturers, Private label contract manufacturers, Logistics and shipping providers, Agricultural producers
CustomersRetail consumers, Household shoppers
Listed1972
Employees415.0K
CEOMichael J. Fiddelke
FilingsSEC EDGAR

FAQ

What is Target's market cap?
Target (TGT) has a market capitalization of $70.3B and trades on NYSE.
What is Target's revenue and profitability?
Target generated $107.71B in trailing twelve-month revenue with net income of $4.4B, representing a net margin of 4.1%. Gross margin stands at 29.3%, with free cash flow of $4.5B. The latest reported period is Q2 2026.
Who are Target's competitors?
Target's key competitors include Costco Wholesale, Walmart, Amazon, and others. These companies compete in similar markets and product categories.
Who does Target partner with?
Target's notable partners include Starbucks, Ulta Beauty, The Walt Disney Company, and others.
What subsidiaries does Target have?
Target's subsidiaries include Shipt, Roundel.
Where is Target headquartered?
Target is headquartered in United States of America and employs approximately 415,000 people. It has been publicly traded since 1972.