Target Corporation (TGT)
Return on assets (ROA)
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,091,000 | 4,370,000 | 4,487,000 | 4,130,000 | 4,138,000 | 3,632,000 | 3,373,000 | 2,721,000 | 2,780,000 | 3,448,000 | 4,224,000 | 5,858,000 | 6,946,000 | 6,782,000 | 6,308,000 | 6,181,000 | 4,368,000 | 3,822,000 | 3,522,000 | 2,770,000 |
| Total assets | US$ in thousands | 57,769,000 | 58,531,000 | 55,995,000 | 55,117,000 | 55,356,000 | 56,229,000 | 53,206,000 | 52,150,000 | 53,335,000 | 55,615,000 | 52,470,000 | 50,842,000 | 53,811,000 | 54,411,000 | 51,385,000 | 50,471,000 | 51,248,000 | 50,661,000 | 48,000,000 | 44,806,000 |
| ROA | 7.08% | 7.47% | 8.01% | 7.49% | 7.48% | 6.46% | 6.34% | 5.22% | 5.21% | 6.20% | 8.05% | 11.52% | 12.91% | 12.46% | 12.28% | 12.25% | 8.52% | 7.54% | 7.34% | 6.18% |
February 1, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $4,091,000K ÷ $57,769,000K
= 7.08%
Target Corporation's return on assets (ROA) has shown variability over the period under review, ranging from a low of 5.21% in January 2023 to a high of 12.91% in January 2022. The ROA gradually increased from 6.18% in May 2020 to peak at 12.91% in January 2022. This could indicate improved efficiency in generating profits from its assets during this period.
Subsequently, the ROA began to decline, reaching its lowest point of 5.21% in January 2023 before rebounding slightly. The most recent data shows an ROA of 7.08% in February 2025, indicating a moderate recovery in asset profitability.
Overall, while there have been fluctuations in Target's ROA, the company has generally been able to effectively utilize its assets to generate returns, with periods of both growth and decline. Monitoring future trends in ROA will be important to assess the company's ongoing financial performance and efficiency in utilizing its assets effectively.
Peer comparison
Feb 1, 2025