Target (TGT) stock price, revenue, and financials

Target market cap is $64.6 b, and annual revenue was $75.36 b in FY 2018

$64.6 B

TGT Mkt cap, 12-Dec-2019

$18.4 B

Target Revenue Q2, 2019
Target Gross profit (Q2, 2019)5.8 B
Target Gross profit margin (Q2, 2019), %31.5%
Target Net income (Q2, 2019)938 M
Target EBIT (Q2, 2019)1.3 B
Target Cash, 03-Aug-20191.7 B
Target EV76.6 B

Target Revenue

Target revenue was $75.36 b in FY, 2018 which is a 4.8% year over year increase from the previous period.

Embed Graph

Target Revenue Breakdown

Embed Graph

Target revenue breakdown by business segment: 19.9% from Apparel and Accessories, 23.5% from Beauty and Household Essentials, 19.4% from Food and Beverage, 16.9% from Hardlines, 19.0% from Home Furnishings and Décor and 1.4% from Other

Target Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

72.6b73.8b69.5b71.9b75.4b

Revenue growth, %

2%(6%)3%5%

Cost of goods sold

51.3b52.0b48.9b51.1b53.3b

Gross profit

21.3b21.8b20.6b20.8b22.1b

Gross profit Margin, %

29%30%30%29%29%

General and administrative expense

14.7b14.7b13.4b14.2b15.7b

Operating expense total

16.8b16.9b15.7b16.4b17.9b

Depreciation and amortization

2.1b2.2b2.3b2.2b2.2b

EBIT

4.5b5.5b5.0b4.3b4.1b

EBIT margin, %

6%7%7%6%5%

Interest expense

882.0m607.0m1.0b666.0m461.0m

Pre tax profit

3.7b4.9b4.0b3.6b3.7b

Income tax expense

1.2b1.6b1.3b718.0m746.0m

Net Income

2.4b3.4b2.7b2.9b2.9b

Target Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.2b4.0b2.5b2.6b1.6b

Inventories

8.8b8.6b8.3b8.7b9.5b

Current Assets

14.1b14.1b12.0b12.6b12.5b

PP&E

26.0b25.2b24.7b25.0b25.5b

Total Assets

41.4b40.3b37.4b39.0b41.3b

Accounts Payable

7.8b7.4b7.3b8.7b9.8b

Short-term debt

91.0m815.0m1.7b270.0m1.1b

Current Liabilities

11.7b12.6b12.7b13.2b15.0b

Long-term debt

12.7b11.9b11.0b11.3b12.2b

Non-Current Liabilities

15.7b14.7b13.8b14.1b15.0b

Total Debt

12.8b12.8b12.7b11.6b13.3b

Total Liabilities

27.4b27.4b26.5b27.3b30.0b

Common Stock

53.0m50.0m46.0m45.0m43.0m

Additional Paid-in Capital

4.9b5.3b5.7b5.9b6.0b

Retained Earnings

9.6b8.2b5.9b6.6b6.0b

Total Equity

14.0b13.0b11.0b11.7b11.3b

Debt to Equity Ratio

0.9 x1 x1.2 x1 x1.2 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.3 x0.3 x

Financial Leverage

3 x3.1 x3.4 x3.3 x3.7 x

Quarterly

USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

2.8b2.7b2.0b4.0b1.5b1.2b2.7b2.3b2.7b1.1b1.2b825.0m1.2b1.7b

Inventories

8.6b8.3b10.4b8.5b8.6b10.1b8.0b8.3b10.6b8.7b9.1b12.4b9.1b9.1b

Current Assets

13.2b13.4b15.2b13.9b11.5b12.8b11.7b11.6b14.7b10.9b11.5b14.6b11.6b12.1b

PP&E

25.8b25.6b25.5b25.0b24.9b24.9b24.7b24.9b25.1b24.8b25.2b25.6b25.7b26.0b

Total Assets

40.4b40.4b41.7b39.9b37.3b38.6b37.2b37.4b40.7b38.9b40.0b43.6b40.6b41.6b

Accounts Payable

6.8b6.9b8.9b6.4b6.8b8.3b6.5b7.6b10.0b8.1b9.1b12.0b8.4b9.2b

Short-term debt

112.0m841.0m825.0m1.6b647.0m729.0m1.7b1.4b1.4b283.0m1.0b1.5b1.1b1.2b

Current Liabilities

10.6b11.6b13.9b12.0b11.0b12.6b12.4b12.7b15.4b12.0b14.0b17.6b13.2b14.4b

Long-term debt

12.7b11.9b12.0b12.6b12.1b12.1b11.1b10.9b11.3b11.1b10.1b10.1b13.4b12.5b

Non-Current Liabilities

15.6b14.8b14.6b15.3b14.7b14.9b13.8b13.5b14.2b15.7b14.8b14.9b16.3b15.4b

Total Debt

12.8b12.7b12.8b14.2b12.7b12.8b12.8b12.2b12.6b11.4b11.2b11.6b14.5b13.6b

Total Liabilities

26.3b26.4b28.4b27.4b27.7b27.5b26.2b26.3b29.6b27.8b28.8b32.5b29.5b29.7b

Common Stock

53.0m53.0m52.0m49.0m48.0m47.0m46.0m46.0m45.0m44.0m44.0m43.0m43.0m43.0m

Additional Paid-in Capital

5.2b5.3b5.3b5.5b5.6b5.6b5.7b5.7b5.8b5.7b5.8b5.9b5.9b6.1b

Retained Earnings

9.4b9.1b8.4b7.6b6.6b6.0b5.9b6.0b5.9b6.2b6.1b5.9b6.0b6.5b

Total Equity

14.2b13.9b13.3b12.5b11.6b11.1b11.0b11.1b11.1b11.2b11.2b11.1b11.1b11.8b

Debt to Equity Ratio

0.9 x0.9 x1 x1.1 x1.1 x1.2 x1.2 x1.1 x1.1 x1 x1 x1.1 x1.3 x1.2 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.4 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.4 x0.3 x

Financial Leverage

2.9 x2.9 x3.1 x3.2 x3.2 x3.5 x3.4 x3.4 x3.7 x3.5 x3.6 x3.9 x3.7 x3.5 x

Target Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.6b)3.4b2.7b2.9b2.9b

Depreciation and Amortization

2.1b2.2b2.3b2.4b2.5b

Inventories

(512.0m)(316.0m)293.0m(348.0m)(900.0m)

Accounts Payable

777.0m534.0m(543.0m)1.3b1.1b

Cash From Operating Activities

4.4b584.4m5.4b6.9b6.0b

Purchases of PP&E

(1.8b)(1.4b)(1.5b)(2.5b)(3.5b)

Cash From Investing Activities

(1.9b)508.0m(1.5b)(3.1b)(3.4b)

Long-term Borrowings

(2.1b)(85.0m)(2.6b)(2.2b)(281.0m)

Dividends Paid

(1.2b)(1.4b)(1.3b)(1.3b)(1.3b)

Cash From Financing Activities

(998.0m)(4.5b)(5.5b)(3.7b)(3.6b)

Net Change in Cash

1.5b1.8b(1.5b)131.0m(1.1b)

Interest Paid

871.0m604.0m999.0m678.0m476.0m

Income Taxes Paid

1.3b(127.0m)1.5b934.0m373.0m

Target Ratios

USDY, 2019

EV/EBIT

57.8 x

EV/CFO

27.2 x

Debt/Equity

1.2 x

Debt/Assets

0.3 x

Financial Leverage

3.5 x

Target Operating Metrics

Target's Stores was reported to be 1.9 k in Q3, 2019.
Q1, 2014Q2, 2014Q3, 2014Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019

Stores

1.79 k1.80 k1.80 k1.79 k1.80 k1.80 k1.81 k1.79 k1.79 k1.80 k1.80 k1.80 k1.81 k1.82 k1.83 k1.82 k1.83 k1.84 k1.85 k1.84 k1.85 k1.85 k1.86 k

Retail Space, sq. ft.

239.54 m240.31 m241.14 m239.96 m240.41 m240.74 m241.08 m239.54 m239.58 m239.72 m239.65 m239.50 m239.78 m240.08 m240.63 m239.36 m239.69 m239.85 m240.26 m239.58 m239.80 m239.69 m240.26 m

Distribution Centers

38 40 40 41 40

Target Human Capital

Gender

FY, 2017
Male, percent61 %
Female, percent39 %

Job Roles

FY, 2017
Female Management, percent26 %
Male Management, percent24 %
Male Employees (Tech), percent17.5 %
Female Employees (Tech), percent32.5 %

Ethnicity

FY, 2017
Ethnically Diverse Management, percent24.8 %
Racial minorities amongst employees35.3 %
White, percent39.8 %