Target Corporation (TGT)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 5,595,000 | 6,021,000 | 6,195,000 | 5,773,000 | 5,799,000 | 5,078,000 | 4,770,000 | 3,886,000 | 3,896,000 | 4,845,000 | 5,827,000 | 7,972,000 | 9,328,000 | 9,043,000 | 8,957,000 | 8,794,000 | 6,523,000 | 5,857,000 | 4,949,000 | 3,975,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 38.15% | 41.56% | 42.93% | 41.71% | 43.17% | 40.58% | 39.78% | 33.49% | 34.69% | 43.97% | 55.01% | 73.99% | 72.72% | 65.51% | 60.28% | 58.79% | 45.17% | 43.97% | 39.35% | 35.59% |
February 1, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $5,595,000K ÷ ($—K + $14,666,000K)
= 38.15%
Target Corporation's return on total capital has exhibited fluctuating trends over the reported period. The return on total capital increased steadily from May 2, 2020, at 35.59%, reaching its peak at January 29, 2022, with a robust 72.72%. Subsequently, the return on total capital experienced a decline, dropping to 33.49% by April 29, 2023. The ratio then improved over the next few quarters, showing a slight uptick to 43.17% by February 3, 2024. However, the ratio decreased to 38.15% by February 1, 2025.
Overall, the return on total capital for Target Corporation has shown both upward and downward movements, indicating fluctuations in the company's ability to generate returns relative to its invested capital. Investors and stakeholders may closely monitor this ratio to assess the efficiency and profitability of the company's capital deployment strategies.
Peer comparison
Feb 1, 2025