Target Corporation (TGT)
Operating profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 5,707,000 | 5,001,000 | 4,706,000 | 3,830,000 | 3,848,000 | 4,784,000 | 5,772,000 | 7,918,000 | 8,946,000 | 8,687,000 | 8,612,000 | 8,445,000 | 6,539,000 | 5,901,000 | 4,968,000 | 3,992,000 | 4,659,000 | 4,578,000 | 4,395,000 | 4,204,000 |
| Revenue (ttm) | US$ in thousands | 106,930,000 | 106,383,000 | 107,485,000 | 108,778,000 | 108,661,000 | 108,286,000 | 107,440,000 | 106,571,000 | 105,937,000 | 103,275,000 | 99,728,000 | 97,525,000 | 92,599,000 | 87,635,000 | 84,187,000 | 79,636,000 | 77,639,000 | 77,222,000 | 76,376,000 | 75,735,000 |
| Operating profit margin | 5.34% | 4.70% | 4.38% | 3.52% | 3.54% | 4.42% | 5.37% | 7.43% | 8.44% | 8.41% | 8.64% | 8.66% | 7.06% | 6.73% | 5.90% | 5.01% | 6.00% | 5.93% | 5.75% | 5.55% |
February 3, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $5,707,000K ÷ $106,930,000K
= 5.34%
Target Corporation's operating profit margin has shown fluctuations over the past few quarters.
In the most recent period ending on February 3, 2024, the operating profit margin was 5.34%, which represents a slight increase from the previous quarter's margin of 4.70% on October 28, 2023.
Looking back at the trend, there was a notable decrease in the operating profit margin in the quarter ending on April 29, 2023, where it dropped to 3.52% from the preceding quarter's margin of 4.38% on July 29, 2023.
However, there was a recovery in the operating profit margin on January 29, 2022, when it reached 8.44%, which is substantially higher compared to the preceding quarters.
Overall, Target Corporation's operating profit margin has generally been in the range of 4% to 8% over the analyzed periods, with some quarters performing better than others. It is crucial for the company to continue monitoring and managing its operational efficiency to maintain and improve its profitability levels in the future.
Peer comparison
Feb 3, 2024