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Target (WBO:TGTC) 10-Year ROIIC % : 22.18% (As of Jan. 2024)


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What is Target 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Target's 10-Year ROIIC % for the quarter that ended in Jan. 2024 was 22.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Target's 10-Year ROIIC % or its related term are showing as below:

WBO:TGTC's 10-Year ROIIC % is ranked better than
80.92% of 283 companies
in the Retail - Defensive industry
Industry Median: 6.02 vs WBO:TGTC: 22.18

Target 10-Year ROIIC % Historical Data

The historical data trend for Target's 10-Year ROIIC % 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 10-Year ROIIC % Chart

Target Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -115.20 69.09 -272.57 -42.76 22.18

Target Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 22.18 - - -

Competitive Comparison of Target's 10-Year ROIIC %

For the Discount Stores subindustry, Target's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Target's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Target's 10-Year ROIIC % falls into.



Target 10-Year ROIIC % Calculation

Target's 10-Year ROIIC % for the quarter that ended in Jan. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 4092.7271112 (Jan. 2024) - 2293.0397082 (Jan. 2014) )/( 38622.096 (Jan. 2024) - 26464.37 (Jan. 2014) )
=1799.687403/12157.726
=14.80%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Target  (WBO:TGTC) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Target 10-Year ROIIC % Related Terms

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Target Business Description

Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
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.

Target Headlines

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