Target Corporation (TGT)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,138,000 | 2,780,000 | 6,946,000 | 4,368,000 | 3,281,000 |
| Revenue | US$ in thousands | 106,930,000 | 108,661,000 | 105,937,000 | 92,087,000 | 77,638,000 |
| Net profit margin | 3.87% | 2.56% | 6.56% | 4.74% | 4.23% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $4,138,000K ÷ $106,930,000K
= 3.87%
Target Corporation's net profit margin has fluctuated over the past five years, ranging from 2.56% to 6.56%.
In the most recent fiscal year ending on February 3, 2024, the net profit margin was 3.87%, showing an increase from the previous year's 2.56%. This indicates that Target was able to improve its profitability and generate more net income for every dollar of revenue in the latest period.
On the other hand, the highest net profit margin of 6.56% was recorded on January 29, 2022, which suggests that Target was significantly more profitable in that particular year compared to the other years in the dataset.
Overall, Target Corporation's net profit margin performance has shown variability over the years, with fluctuations that may be influenced by factors such as changes in costs, sales volume, pricing strategies, and overall economic conditions. Further analysis would be needed to understand the specific drivers behind these fluctuations and to assess the sustainability of Target's profitability in the future.
Peer comparison
Feb 3, 2024