Target (Target) Net Margin %

: 4.33% (As of Jan. 2024)

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Net margin is calculated as Net Income divided by its Revenue. Target's Net Income for the three months ended in Jan. 2024 was $1,382 Mil. Target's Revenue for the three months ended in Jan. 2024 was $31,919 Mil. Therefore, Target's net margin for the quarter that ended in Jan. 2024 was 4.33%.

The historical rank and industry rank for Target's Net Margin % or its related term are showing as below:

TGT' s Net Margin % Range Over the Past 10 Years
Min: -2.25 Med: 3.96 Max: 6.55
Current: 3.85

TGT's Net Margin % is ranked better than
72.52% of 313 companies
in the Retail - Defensive industry
Industry Median: 2.12 vs TGT: 3.85

Target Net Margin % Historical Data

The historical data trend for Target's Net Margin % 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.

* Premium members only.

Target Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Net Margin %

4.20

4.67

6.55

2.55

3.85

Target Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Net Margin %																2.79	3.75	3.37	3.82	4.33

Competitive Comparison

For the Discount Stores subindustry, Target's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Target Net Margin % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Target's Net Margin % distribution charts can be found below:

* The bar in red indicates where Target's Net Margin % falls into.

Target Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Target's Net Margin for the fiscal year that ended in Jan. 2024 is calculated as

Net Margin	=	Net Income (A: Jan. 2024 )	/	Revenue (A: Jan. 2024 )
	=	4138	/	107412
	=	3.85 %

Target's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin	=	Net Income (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	1382	/	31919
	=	4.33 %

Target (NYSE:TGT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Target Net Margin % Related Terms

Thank you for viewing the detailed overview of Target's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Target (Target) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Target Corp (NYSE:TGT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

TGT:Peru TGT:Mexico 1TGT:Italy 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 sixth-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 top U.S. 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 physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Executives

Matthew L Zabel	officer: Executive Officer	1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Christina Hennington	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Don H Liu	officer: Executive Officer	1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
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
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
Cara A Sylvester	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Jill Sando	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Melissa K Kremer	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Michael J Fiddelke	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
Richard H. Gomez	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Gail Boudreaux	director	GENZYME CORP., 500 KENDALL STREET, CAMBRIDGE MA 02142