Target Corporation (TGT)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 14,666,000 | 14,489,000 | 14,429,000 | 13,840,000 | 13,432,000 | 12,514,000 | 11,990,000 | 11,605,000 | 11,232,000 | 11,019,000 | 10,592,000 | 10,774,000 | 12,827,000 | 13,803,000 | 14,860,000 | 14,959,000 | 14,440,000 | 13,319,000 | 12,578,000 | 11,169,000 |
| ROE | 27.89% | 30.16% | 31.10% | 29.84% | 30.81% | 29.02% | 28.13% | 23.45% | 24.75% | 31.29% | 39.88% | 54.37% | 54.15% | 49.13% | 42.45% | 41.32% | 30.25% | 28.70% | 28.00% | 24.80% |
February 1, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $4,091,000K ÷ $14,666,000K
= 27.89%
The return on equity (ROE) of Target Corporation has been relatively stable over the past few years, ranging from a low of 24.75% on January 28, 2023, to a high of 54.37% on April 30, 2022. The ROE saw a significant increase from 2020 to 2022, reaching its peak in April 2022. However, there has been some fluctuation in ROE in recent quarters, with a downward trend observed from July 2022 to November 2024. The latest reported ROE as of February 1, 2025, stands at 27.89%.
Overall, Target Corporation has demonstrated strong profitability as indicated by its ROE, which reflects the company's ability to generate profit from shareholders' equity. A higher ROE suggests that the company is effectively utilizing its equity investment to generate earnings growth. However, the recent downward trend in ROE indicates a potential decrease in profitability or a change in the company's capital structure. Further analysis and monitoring of Target Corporation's financial performance will be necessary to understand the factors influencing its ROE dynamics.
Peer comparison
Feb 1, 2025