← TARGET CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $73.8b | $69.5b | $72.7b | $75.4b | $78.1b | $93.6b | $106.0b | $109.1b | $107.4b | $106.6b | $104.8b | |
| Cost of Revenue | $52.0b | $49.1b | $51.1b | $53.3b | $54.9b | $66.2b | $75.0b | $82.2b | $77.8b | $76.5b | $75.5b | |
| Cost of sales | — | $48.9b | $51.1b | $53.3b | $54.9b | $66.2b | $75.0b | $82.2b | $77.7b | $76.5b | $75.5b | |
| Depreciation and amortization (exclusive of depreciation included in cost of sales) | — | $2.3b | $2.2b | $2.2b | $2.4b | $2.2b | $2.3b | $2.4b | $2.4b | $2.5b | $2.6b | |
| Gross Profit | $21.8b | $20.4b | $21.6b | $22.1b | $23.2b | $27.4b | $31.0b | $26.9b | $29.6b | $30.1b | $29.3b | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | — | $4.9b | $4.2b | $4.1b | $4.7b | $6.5b | $8.9b | $3.8b | $5.7b | $5.6b | $5.1b | |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible Assets | $23.0m | $18.0m | $14.0m | $14.0m | $13.0m | — | — | — | — | — | — | |
| Basic (in shares) | 627.7m | $577.6m | $546.8m | $528.6m | $510.9m | $500.6m | $488.1m | $462.1m | $461.5m | $460.4m | $454.1m | |
| Diluted (in shares) | 632.9m | $582.5m | $550.3m | $533.2m | $515.6m | $505.4m | $492.7m | $464.7m | $462.8m | $461.8m | $455.6m | |
| Earnings before income taxes | — | — | — | — | $4.2b | $5.5b | $8.9b | $3.4b | $5.3b | $5.3b | $4.8b | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $5 | $5 | $5 | $6 | $6 | $9 | $0 | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $5 | $5 | $5 | $6 | $6 | $9 | $14 | $6 | $9 | $9 | — | |
| Net earnings | — | $2.7b | $2.9b | $2.9b | $3.3b | $4.4b | $6.9b | $2.8b | $4.1b | $4.1b | $3.7b | |
| Net other income | — | ($88.0m) | ($59.0m) | ($27.0m) | ($9.0m) | $16.0m | ($382.0m) | ($48.0m) | ($92.0m) | ($106.0m) | ($95.0m) | |
| Provision for income taxes | — | $1.3b | $718.0m | $746.0m | $921.0m | $1.2b | $2.0b | $638.0m | $1.2b | $1.2b | $1.1b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | $4.2b | $5.5b | $8.9b | $3.4b | $5.3b | $5.3b | $4.8b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $3.3b | $2.7b | $2.9b | $2.9b | $3.3b | $4.4b | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $42.0m | $68.0m | $6.0m | $7.0m | $12.0m | $0 | — | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | — | $2.7b | $2.9b | $2.9b | $3.3b | $4.4b | $6.9b | $2.8b | $4.1b | $4.1b | $3.7b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $3.4b | $2.7b | $2.9b | $2.9b | $3.3b | $4.4b | — | — | — | — | — | |
| Common Stock, Dividends, Per Share, Declared | $2.20 | $2.36 | $2.46 | $2.54 | $2.62 | $2.70 | $3.38 | $4.14 | $4.38 | $4.46 | $4.54 | |
| Earnings Per Share, Basic | $5.35 | $4.74 | $5.32 | $5.55 | $6.42 | $8.72 | $14.23 | $6.02 | $8.96 | $8.89 | $8.16 | |
| Earnings Per Share, Diluted | $5.31 | $4.70 | $5.29 | $5.51 | $6.36 | $8.64 | $14.10 | $5.98 | $8.94 | $8.86 | $8.13 | |
| Weighted Average Number of Shares Outstanding, Basic | 627.7m | 577.6m | 546.8m | 528.6m | 510.9m | 500.6m | 488.1m | 462.1m | 461.5m | 460.4m | 454.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 632.9m | 582.5m | 550.3m | 533.2m | 515.6m | 505.4m | 492.7m | 464.7m | 462.8m | 461.8m | 455.6m | |
| Selling, General and Administrative Expense | $14.7b | $13.4b | $15.1b | $15.7b | $16.2b | $18.6b | $19.8b | $20.7b | $21.5b | $22.0b | $21.5b | |
| Other Nonoperating Income (Expense) | ($39.0m) | $4.0m | $59.0m | $27.0m | $9.0m | ($16.0m) | $382.0m | $48.0m | $92.0m | $106.0m | $95.0m | |
| Interest Expense | $607.0m | $1.0b | $653.0m | $461.0m | $477.0m | $977.0m | $421.0m | $478.0m | — | — | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $502.0m | $411.0m | $445.0m | |
| Net interest expense | — | $1.0b | $666.0m | $461.0m | $477.0m | $977.0m | $421.0m | $478.0m | $502.0m | $411.0m | $445.0m | |
| Current Income Tax Expense (Benefit) | $1.9b | $1.3b | $910.0m | $424.0m | $743.0m | $1.4b | $1.4b | $56.0m | $861.0m | $1.4b | $1.1b | |
| Income Tax Expense (Benefit) | $1.6b | $1.3b | $722.0m | $746.0m | $921.0m | $1.2b | $2.0b | $638.0m | $1.2b | $1.2b | $1.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.