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Target Corporation

TGT

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

2/1/2025

Revenue
106,566
Cost of Revenue
79,031
Gross Profit
27,535
Gross Margin
25.8%
Operating Income
5,634
Operating Margin
5.3%
Net Income
4,091
Net Margin
3.8%
EPS (Basic)
$8.89
EPS (Diluted)
$8.86
EBITDA
8,676
EBITDA Margin
8.1%

2024

1/31/2024

Revenue
107,412
Cost of Revenue
80,151
Gross Profit
27,261
Gross Margin
25.4%
Operating Income
5,809
Operating Margin
5.4%
Net Income
4,138
Net Margin
3.9%
EPS (Basic)
$8.96
EPS (Diluted)
$8.94
EBITDA
8,624
EBITDA Margin
8.0%

2023

1/31/2023

Revenue
109,120
Cost of Revenue
84,614
Gross Profit
24,506
Gross Margin
22.5%
Operating Income
3,914
Operating Margin
3.6%
Net Income
2,780
Net Margin
2.5%
EPS (Basic)
$6.02
EPS (Diluted)
$5.98
EBITDA
6,600
EBITDA Margin
6.0%

2022

1/31/2022

Revenue
106,005
Cost of Revenue
77,307
Gross Profit
28,698
Gross Margin
27.1%
Operating Income
9,033
Operating Margin
8.5%
Net Income
6,946
Net Margin
6.6%
EPS (Basic)
$14.23
EPS (Diluted)
$14.10
EBITDA
11,970
EBITDA Margin
11.3%

2021

1/31/2021

Revenue
93,561
Cost of Revenue
68,181
Gross Profit
25,380
Gross Margin
27.1%
Operating Income
6,827
Operating Margin
7.3%
Net Income
4,368
Net Margin
4.7%
EPS (Basic)
$8.73
EPS (Diluted)
$8.64
EBITDA
8,496
EBITDA Margin
9.1%