Target Corporation (TGT)
Gross profit margin
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,513,000 | 5,123,000 | 3,323,000 | 8,791,000 | 5,003,000 |
| Revenue | US$ in thousands | 106,581,000 | 106,930,000 | 108,661,000 | 105,937,000 | 92,087,000 |
| Gross profit margin | 5.17% | 4.79% | 3.06% | 8.30% | 5.43% |
February 1, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,513,000K ÷ $106,581,000K
= 5.17%
Target Corporation's gross profit margin has shown variability over the past five years, ranging from a low of 3.06% in January 28, 2023, to a high of 8.30% in January 29, 2022. The gross profit margin represents the percentage of revenue that remains after deducting the cost of goods sold, indicating the efficiency of the company in generating profits from its core operations. The increase in the gross profit margin from 5.43% in January 30, 2021, to 8.30% in January 29, 2022, demonstrates an improvement in the company's profitability during that period. However, there was a decline in the margin to 3.06% in January 28, 2023, which may indicate challenges in managing costs or pricing strategies. Subsequent years saw a gradual recovery in the gross profit margin, with values of 4.79% in February 3, 2024, and 5.17% in February 1, 2025. Analyzing the factors influencing these fluctuations would provide valuable insights into Target Corporation's operational efficiency and profit generation capabilities.
Peer comparison
Feb 1, 2025