Target (BUE:TGT) Pretax Margin % : 4.25% (As of Oct. 2024)

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What is Target Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Target's Pre-Tax Income for the three months ended in Oct. 2024 was ARS1,058,270 Mil. Target's Revenue for the three months ended in Oct. 2024 was ARS24,897,961 Mil. Therefore, Target's pretax margin for the quarter that ended in Oct. 2024 was 4.25%.

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

BUE:TGT' s Pretax Margin % Range Over the Past 10 Years
Min: 3.13 Med: 5.2 Max: 8.4
Current: 5.24

BUE:TGT's Pretax Margin % is ranked better than
73.02% of 315 companies
in the Retail - Defensive industry
Industry Median: 3.16 vs BUE:TGT: 5.24

Target Pretax Margin % Historical Data

The historical data trend for Target's Pretax 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.

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Target Pretax Margin % Chart

Target Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Pretax Margin %

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5.36

5.93

8.40

3.13

4.93

Target Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Pretax Margin %	Get a 7-Day Free Trial															4.86	5.60	4.97	6.07	4.25

Competitive Comparison of Target's Pretax Margin %

For the Discount Stores subindustry, Target's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Retail - Defensive Industry

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

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

Target Pretax Margin % Calculation

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

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

Pretax Margin	=	Pre-Tax Income (A: Jan. 2024 )	/	Revenue (A: Jan. 2024 )
	=	4282359.565	/	86837229.672
	=	4.93 %

Target's Pretax Margin for the quarter that ended in Oct. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Oct. 2024 )	/	Revenue (Q: Oct. 2024 )
	=	1058270.036	/	24897960.847
	=	4.25 %

Target (BUE:TGT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Target Pretax Margin % Related Terms

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Target Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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

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 1,950 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 typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.