Target Corporation (TGT)

Pretax margin

Feb 1, 2025 Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021
Earnings before tax but after interest (EBT) US$ in thousands 5,261,000 5,297,000 3,418,000 8,907,000 5,546,000
Revenue US$ in thousands 106,581,000 106,930,000 108,661,000 105,937,000 92,087,000
Pretax margin 4.94% 4.95% 3.15% 8.41% 6.02%

February 1, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $5,261,000K ÷ $106,581,000K
= 4.94%

Target Corporation's pretax margin has shown fluctuations over the past few years. In January 2021, the pretax margin was 6.02%, which increased to 8.41% by January 2022, indicating improved profitability. However, there was a significant decrease in the pretax margin to 3.15% by January 2023, reflecting a decline in profitability. The trend continued as the pretax margin slightly recovered to 4.95% by February 2024, but then remained relatively stable at 4.94% by February 2025. Overall, Target Corporation experienced a mix of ups and downs in its pretax margin, suggesting variability in its financial performance during the analyzed period.