Target
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Target's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $107,412,000,000. Profit margin reached 4%. Total operating expenses were $23,969,000,000.
Profit Margin
| 2010 | 65.35B | 2.48B | 3.81% |
|---|---|---|---|
| 2011 | 67.39B | 2.92B | 4.33% |
| 2012 | 69.86B | 2.92B | 4.19% |
| 2015 | 72.61B | -1.63B | -2.25% |
| 2016 | 73.78B | 3.36B | 4.56% |
| 2018 | 72.71B | 2.91B | 4.01% |
| 2019 | 75.35B | 2.93B | 3.9% |
| 2021 | 93.56B | 4.36B | 4.67% |
| 2022 | 106.00B | 6.94B | 6.55% |
| 2024 | 107.41B | 4.13B | 3.85% |
TGT Income Statement (2010 – 2023)
| 2023 | 2021 | 2020 | 2018 | 2017 | 2015 | 2014 | 2011 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 107.41B | 106.00B | 93.56B | 75.35B | 72.71B | 73.78B | 72.61B | 69.86B | 67.39B | 65.35B |
Cost of revenue | 77.73B | 74.96B | 66.17B | 53.29B | 51.12B | 51.99B | 51.27B | 47.86B | 45.72B | 44.06B |
Gross profit | 29.67B | 31.04B | 27.38B | 22.05B | 21.58B | 21.78B | 21.34B | 22.00B | 21.66B | 21.29B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.4B | 1.5B | 1.5B | 92M | 91M | 1.43B | 1.6B | 0 | 0 | 0 |
Total operating expenses | 23.96B | 22.09B | 20.84B | 17.94B | 17.36B | 16.87B | 16.80B | 16.68B | 16.41B | 16.62B |
Operating income | 5.70B | 8.94B | 6.53B | 4.11B | 4.22B | 4.91B | 4.53B | 5.32B | 5.25B | 4.67B |
Other income (expenses), net | -410M | -39M | -993M | 27M | -594M | 1.60B | -882M | -866M | 757M | 801M |
Income before tax | 5.29B | 8.90B | 5.54B | 3.67B | 3.63B | 4.92B | 3.65B | 4.45B | 4.49B | 3.87B |
Income tax expense | 1.15B | 1.96B | 1.17B | 746M | 722M | 1.60B | 1.20B | 1.52B | 1.57B | 1.38B |
Net income | 4.13B | 6.94B | 4.36B | 2.93B | 2.91B | 3.36B | -1.63B | 2.92B | 2.92B | 2.48B |
Earnings per share | ||||||||||
Basic EPS | 8.97 | 14.23 | 8.73 | 5.56 | 5.32 | 5.35 | -2.58 | 4.31 | 4.00 | 3.29 |
Diluted EPS | 8.94 | 14.1 | 8.64 | 5.51 | 5.29 | 5.31 | -2.56 | 4.28 | 4.00 | 3.29 |
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