How much cash does Target generate?

Target (TGT) generated $7.0B in operating cash flow over the trailing twelve months.

What is Target's free cash flow?

After $4.0B of capital expenditures, Target's free cash flow was $3.0B over the trailing twelve months, down 14.2% year over year.

Where does Target's cash flow data come from?

Every line is extracted from Target's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Target TGT Cash Flow Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Net income	$3.45B-6.9%	$3.71B-1.5%	$3.76B-4.2%	$3.93B-6.1%	$4.19B+2.3%
Depreciation and amortization	$3.16B+0.8%	$3.13B+1.2%	$3.1B+0.6%	$3.08B+0.9%	$3.05B+2.3%
Stock-based compensation	$266M-5.3%	$281M+3.3%	$272M-5.6%	$288M-4.3%	$301M-1.0%
Deferred income taxes	$82M+249%	-$55M+61.5%	-$143M-70.2%	-$84M+59.6%	-$208M-15.6%
Change in inventories	-$731M-67.7%	-$436M—	——	——	——
Change in accounts payable	——	——	——	——	——
Change in accrued liabilities	——	——	——	——	$81.25M-72.8%
Change in other assets	——	——	——	——	$85M-72.4%
Other working capital changes	——	——	——	——	-$15.5M+40.4%
Net cash from operating activities	$7B+6.7%	$6.56B-3.1%	$6.77B+6.1%	$6.39B-2.4%	$6.54B-11.2%
Capital expenditures	$3.97B+6.6%	$3.73B-1.0%	$3.77B+9.4%	$3.44B+14.5%	$3.01B+4.0%
Net cash from investing activities	-$3.9B-6.7%	-$3.65B+1.6%	-$3.71B-8.8%	-$3.41B-14.5%	-$2.98B-4.1%
Dividends paid	$2.06B+0.3%	$2.05B+0.1%	$2.05B+0.1%	$2.05B0.0%	$2.05B+0.1%
Repurchases of common stock	$158M-61.3%	$408M-55.1%	$909M-18.1%	$1.11B-11.7%	$1.26B+24.8%
Proceeds from issuance of debt	——	——	——	$2.73B+57.3%	$1.73B+134%
Repayments of debt	$1.14B-30.6%	$1.64B+0.4%	$1.64B+0.1%	$1.63B-38.1%	$2.64B+132%
Taxes paid for net share settlement	$96M+43.3%	$67M+1.5%	$66M-1.5%	$67M-1.5%	$68M-31.3%
Net cash from financing activities	——	——	——	——	-$4.28B-20.6%
Net increase (decrease) in cash	$647M-10.9%	$726M+86.6%	$389M-53.9%	$844M+218%	-$717M-175%
Interest paid	——	$629M+0.6%	$625.5M+0.6%	$622M+0.6%	$618.5M+0.6%
Leased assets obtained in exchange for finance lease liabilities	$87M-16.3%	$104M-2.8%	$107M+91.1%	$56M-73.8%	$214M-32.9%
Leased assets obtained in exchange for operating lease liabilities	$356M-6.6%	$381M-39.8%	$633M+22.9%	$515M-16.1%	$614M-19.0%
Free cash flow	$3.03B+6.9%	$2.84B-5.8%	$3.01B+2.2%	$2.94B-16.7%	$3.53B-21.0%
Free cash flow	$3.03B+6.9%	$2.84B-5.8%	$3.01B+2.2%	$2.94B-16.7%	$3.53B-21.0%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Target.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

How much cash does Target generate?: Target (TGT) generated $7.0B in operating cash flow over the trailing twelve months.
What is Target's free cash flow?: After $4.0B of capital expenditures, Target's free cash flow was $3.0B over the trailing twelve months, down 14.2% year over year.
Where does Target's cash flow data come from?: Every line is extracted from Target's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.