Stock Analysis on Net

Target Corp. (NYSE:TGT)

$24.99

Net Profit Margin
since 2005

Microsoft Excel

Calculation

Target Corp., net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-02-01), 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).

1 US$ in millions

Net Earnings (Loss) Trend
Net earnings demonstrated fluctuations over the reported years, generally maintaining a positive trajectory with occasional significant deviations. Initially, earnings rose from 3,198 million USD in 2005 to a peak around 2,929–2,999 million USD during the 2011–2013 period. A notable decline occurred in 2014, turning negative to -1,636 million USD, indicating a significant loss. Thereafter, earnings rebounded strongly, reaching a new high of 6,946 million USD in 2022. The most recent years show some variability but remain relatively strong, ending with earnings in the range of approximately 4,091 million USD by 2025.
Net Sales Evolution
Net sales steadily increased from 46,839 million USD in 2005 to over 106,000 million USD in 2023, demonstrating consistent growth throughout the period. The growth pace was relatively stable, with occasional minor fluctuations such as a slight dip between 2014 and 2017. The overall upward trend indicates successful revenue expansion and possibly enhanced market presence or pricing strategies over the twenty-year span.
Net Profit Margin Analysis
Net profit margin showed variability consistent with the net earnings patterns. It started at a healthy 6.83% in 2005 and decreased to a low of -2.25% in 2014, indicating a year of net loss. Following this low, profit margins recovered to levels generally ranging between 3.8% and 6.55%, with a peak margin observed in 2022 at 6.55%. The margin dropped again to around 2.55% in 2023 before slightly increasing to approximately 3.85% by 2025. This variability suggests periods of operational challenges and recovery phases, reflecting changes in cost management, pricing, or market conditions.
Overall Insights
The company exhibited substantial growth in sales over the two decades, signifying a solid revenue base expansion. Net earnings have been more volatile, impacted by at least one pronounced loss year and notable recoveries afterward, possibly due to strategic shifts or changing market conditions. Profit margins, while generally positive, mirrored the earnings volatility and reflected the company's challenges in maintaining consistent profitability relative to sales. The data suggest a resilient financial profile with periods of adjustment and subsequent improvement.

Comparison to Competitors


Comparison to Sector (Consumer Staples Distribution & Retail)

Target Corp., net profit margin, long-term trends, comparison to sector (consumer staples distribution & retail)

Microsoft Excel

Based on: 10-K (reporting date: 2025-02-01), 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).


Comparison to Industry (Consumer Staples)