Target Corporation (TGT)

Operating profit margin

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Operating income US$ in thousands 5,707,000 3,848,000 8,946,000 6,539,000 4,658,000
Revenue US$ in thousands 106,930,000 108,661,000 105,937,000 92,087,000 77,638,000
Operating profit margin 5.34% 3.54% 8.44% 7.10% 6.00%

February 3, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $5,707,000K ÷ $106,930,000K
= 5.34%

Target Corporation's operating profit margin has fluctuated over the past five years, ranging from a low of 3.54% in January 2023 to a high of 8.44% in January 2022. In the most recent fiscal year ending February 3, 2024, the operating profit margin was 5.34%, indicating a moderate level of profitability relative to sales. The margin in 2024 is higher than the prior year, which suggests that Target has improved its operational efficiency and cost management. However, compared to the peak margin recorded in 2022, there is still room for further enhancement in profitability. Overall, the trend in operating profit margin for Target Corporation reflects some variability but also demonstrates a general ability to generate reasonable profits relative to its revenue.


Peer comparison

Feb 3, 2024


See also:

Target Corporation Operating Profit Margin