TGT (Target) Interest Expense : $-421 Mil (TTM As of Apr. 2025)

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What is Target Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Target's interest expense for the three months ended in Apr. 2025 was $ -116 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2025 was $-421 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Target's Operating Income for the three months ended in Apr. 2025 was $ 1,472 Mil. Target's Interest Expense for the three months ended in Apr. 2025 was $ -116 Mil. Target's Interest Coverage for the quarter that ended in Apr. 2025 was 12.69. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Target Interest Expense Historical Data

The historical data trend for Target's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Target Interest Expense Chart

Target Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Interest Expense

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-977.00

-421.00

-478.00

-502.00

-411.00

Target Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Interest Expense	Get a 7-Day Free Trial															-106.00	-110.00	-105.00	-90.00	-116.00

Target Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Apr. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-421 Mil.

Target (NYSE:TGT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Target's Interest Expense for the three months ended in Apr. 2025 was $-116 Mil. Its Operating Income for the three months ended in Apr. 2025 was $1,472 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2025 was $17,898 Mil.

Target's Interest Coverage for the quarter that ended in Apr. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Apr. 2025 )	/	Interest Expense (Q: Apr. 2025 )
	=	-1	*	1472	/	-116
	=	12.69

The higher the ratio, the stronger the company's financial strength is.

Target Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Target Corp (NYSE:TGT) » Definitions » Interest Expense

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Traded in Other Exchanges

TGT:Peru TGT:Mexico 1TGT:Italy DYHd:UK 0LD8:UK DYH:Germany DYH:Germany DYH:Germany DYH:Germany TGT:Chile TGTB34:Brazil TGTC:Austria TGT:Argentina

Address

1000 Nicollet Mall, Minneapolis, MN, USA, 55403

Website

https://corporate.target.com

Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast footprint is concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Executives

Brian C Cornell	director, officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Matthew A Liegel	officer: Chief Accounting Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Richard H. Gomez	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Don H Liu	officer: Executive Officer	1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Christina Hennington	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Melissa K Kremer	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Cara A Sylvester	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Matthew L Zabel	officer: Executive Officer	1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Michael J Fiddelke	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
John J Mulligan	officer: Executive Officer	1000 NICOLLET MALL, TPS-2672, MINNEAPOLIS MN 55403
Grace Puma Whiteford	director	C/O WILLIAM SONOMA, INC., 3250 VAN NESS AVENUE, SAN FRANCISCO CA 94109
Jill Sando	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Katie M Boylan	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Robert M Harrison	officer: Chief Accounting Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Gail Boudreaux	director	GENZYME CORP., 500 KENDALL STREET, CAMBRIDGE MA 02142