Target Historical Income Statement

TGT Stock  USD 174.67  2.03  1.18%   
Historical analysis of Target income statement accounts such as Operating Income of 3.6 B, Ebit of 3.7 B, EBITDA of 5.2 B or Cost Of Revenue of 84.2 B can show how well Target performed in making a profits. Evaluating Target income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Target's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Target latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Target is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Target Stock please use our How to Invest in Target guide.

About Target Income Statement Analysis

Target Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Target shareholders. The income statement also shows Target investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Target Income Statement Chart

Target Income Statement is one of the three primary financial statements used for reporting Target's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Target revenue and expense. Target Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Target's Cost Of Revenue is comparatively stable compared to the past year. Net Income is likely to gain to about 4.3 B in 2024, whereas Gross Profit is likely to drop slightly above 16.3 B in 2024.

Total Revenue

Total revenue comprises all receipts Target generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Target minus its cost of goods sold. It is profit before Target operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Target. It is also known as Target overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Target operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Target is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Target's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Target current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Target Stock please use our How to Invest in Target guide.At this time, Target's Cost Of Revenue is comparatively stable compared to the past year. Net Income is likely to gain to about 4.3 B in 2024, whereas Gross Profit is likely to drop slightly above 16.3 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue106.0B109.1B107.4B54.9B
Depreciation And Amortization3.0B2.7B2.8B1.5B

Target income statement Correlations

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0.950.971.00.770.760.850.80.980.74-0.150.530.450.310.970.50.43-0.39-0.07-0.440.230.650.37
0.970.970.960.860.860.930.750.980.83-0.140.570.580.420.940.440.47-0.330.04-0.390.150.560.25
0.951.00.960.730.730.820.80.980.71-0.140.510.410.310.970.50.4-0.4-0.11-0.440.230.650.38
0.790.770.860.730.990.980.580.750.98-0.170.680.820.350.710.420.74-0.140.49-0.350.050.460.16
0.790.760.860.730.990.980.560.750.98-0.090.680.850.370.710.40.72-0.090.5-0.310.030.420.13
0.880.850.930.820.980.980.630.850.96-0.10.670.790.390.80.410.65-0.180.37-0.340.10.470.17
0.710.80.750.80.580.560.630.770.56-0.220.610.320.120.840.720.45-0.52-0.08-0.740.340.680.75
0.980.980.980.980.750.750.850.770.72-0.120.490.460.410.960.420.34-0.37-0.12-0.380.180.560.27
0.760.740.830.710.980.980.960.560.72-0.040.730.810.20.680.420.81-0.10.52-0.390.150.480.2
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0.520.530.570.510.680.680.670.610.490.730.090.46-0.110.510.490.78-0.410.29-0.660.260.580.48
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0.40.310.420.310.350.370.390.120.410.2-0.26-0.110.450.35-0.04-0.260.110.080.4-0.54-0.25-0.42
0.930.970.940.970.710.710.80.840.960.68-0.140.510.430.350.490.35-0.41-0.1-0.460.240.60.43
0.370.50.440.50.420.40.410.720.420.42-0.380.490.27-0.040.490.5-0.320.11-0.650.190.810.79
0.360.430.470.40.740.720.650.450.340.810.010.780.49-0.260.350.5-0.150.62-0.630.230.610.43
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-0.06-0.070.04-0.110.490.50.37-0.08-0.120.520.090.290.670.08-0.10.110.620.490.07-0.09-0.1-0.09
-0.36-0.44-0.39-0.44-0.35-0.31-0.34-0.74-0.38-0.390.18-0.660.040.4-0.46-0.65-0.630.670.07-0.47-0.8-0.84
0.270.230.150.230.050.030.10.340.180.150.220.26-0.04-0.540.240.190.23-0.19-0.09-0.470.310.56
0.520.650.560.650.460.420.470.680.560.48-0.290.580.03-0.250.60.810.61-0.58-0.1-0.80.310.75
0.240.370.250.380.160.130.170.750.270.2-0.190.48-0.06-0.420.430.790.43-0.5-0.09-0.840.560.75
Click cells to compare fundamentals

Target Account Relationship Matchups

Target income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.6B2.5B3.0B2.7B2.8B1.5B
Total Revenue78.1B93.6B106.0B109.1B107.4B54.9B
Gross Profit23.2B27.4B31.0B26.9B27.3B16.3B
Other Operating Expenses73.5B87.0B97.1B105.3B101.6B51.3B
Operating Income4.7B6.5B8.9B3.8B5.8B3.6B
Ebit4.7B6.5B8.9B3.8B5.8B3.7B
Ebitda7.3B9.0B12.0B6.6B8.6B5.2B
Cost Of Revenue54.9B66.2B75.0B82.2B80.2B84.2B
Total Operating Expenses18.6B20.8B22.1B23.0B21.5B12.7B
Income Before Tax4.2B5.5B8.9B3.4B5.3B3.1B
Total Other Income Expense Net(468M)(993M)(39M)(430M)(512M)(537.6M)
Net Income3.3B4.4B6.9B2.8B4.1B4.3B
Income Tax Expense921M1.2B2.0B638M1.2B972.1M
Interest Expense477M977M421M478M526M396.3M
Selling General Administrative14.6B17.1B18.3B19.2B21.6B13.4B
Selling And Marketing Expenses91M92M1.6B1.5B1.7B1.8B
Net Income From Continuing Ops3.3B4.4B6.9B2.8B4.1B3.8B
Net Income Applicable To Common Shares3.3B4.4B6.9B2.8B3.2B3.4B
Non Operating Income Net Other9M(16M)382M48M43.2M41.0M
Tax Provision921M1.2B2.0B638M1.2B1.2B
Interest Income467M465M421M478M430.2M387.5M
Net Interest Income(477M)(977M)(421M)(478M)(502M)(527.1M)
Reconciled Depreciation2.6B2.5B2.6B2.7B2.8B2.9B

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When determining whether Target is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Target Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Target Stock. Highlighted below are key reports to facilitate an investment decision about Target Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Target Stock please use our How to Invest in Target guide.
Note that the Target information on this page should be used as a complementary analysis to other Target's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.
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Is Target's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.574
Dividend Share
4.36
Earnings Share
8.94
Revenue Per Share
232.745
Quarterly Revenue Growth
0.017
The market value of Target is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target's value that differs from its market value or its book value, called intrinsic value, which is Target's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target's market value can be influenced by many factors that don't directly affect Target's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.