Target Corporation (TGT)

Return on assets (ROA)

		Feb 1, 2025	Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021
Net income	US$ in thousands	4,091,000	4,138,000	2,780,000	6,946,000	4,368,000
Total assets	US$ in thousands	57,769,000	55,356,000	53,335,000	53,811,000	51,248,000
ROA		7.08%	7.48%	5.21%	12.91%	8.52%

February 1, 2025 calculation

ROA = Net income ÷ Total assets
= $4,091,000K ÷ $57,769,000K
= 7.08%

Target Corporation's return on assets (ROA) has fluctuated over the past five years. In January 2021, the ROA was 8.52%, which increased significantly to 12.91% by January 2022. However, in the following year, by January 2023, the ROA dropped to 5.21%. There was a slight improvement in the ROA by February 2024 to 7.48%, followed by a slight decline to 7.08% by February 2025. Overall, Target Corporation has experienced varying levels of return on assets over the years, indicating fluctuations in efficiency in generating profits from its assets.