Stock Analysis on Net

Target Corp. (NYSE:TGT)

$24.99

Return on Assets (ROA)
since 2005

Microsoft Excel

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Calculation

Target Corp., ROA, 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)
The net earnings exhibit significant variability throughout the period. Starting at 3,198 million USD in early 2005, earnings generally fluctuate between 2,000 and 3,000 million USD until a sharp decline is observed in early 2015 with a negative value of -1,636 million USD. Subsequently, earnings recover strongly and peak notably at 6,946 million USD in early 2022. However, there is a marked reduction again to around 2,780 million USD in early 2023, followed by a moderate recovery in the final periods to approximately 4,100 million USD.
Total Assets
Total assets show a gradual upward trend from 32,293 million USD in early 2005 to 57,769 million USD by early 2025. There is a notable peak and trough around 2013 to 2015, when assets decline from approximately 48,163 million to 41,404 million USD, before resuming growth. The overall trajectory indicates steady expansion in asset base over the two decades considered.
Return on Assets (ROA)
ROA starts near 10% in 2005, then trends lower to reach a low point of -3.95% in early 2015, coinciding with the observed net loss. Post-2015, ROA recovers to a range between approximately 6% and 13%, peaking at 12.91% in 2022, suggesting improved efficiency or profitability relative to asset base in that period. The final years show a decline from the peak to around 7% by 2025, indicating some moderation in returns on assets after the high point.
Summary of Trends and Insights
The financial performance demonstrates periods of volatility and resilience. The company's asset base steadily increased over the 20-year horizon, reflecting possible investments or growth in scale. Earnings were generally positive but fluctuated significantly, including a pronounced loss around 2015 that likely impacted ROA negatively. The recovery in earnings and ROA following this event points to successful strategic or operational adjustments. The peak in earnings and ROA in the early 2020s also suggests a period of enhanced profitability and asset efficiency. However, the subsequent decline in net earnings and ROA, despite continued asset growth, may warrant attention to maintain profitability levels moving forward.

Comparison to Competitors


Comparison to Sector (Consumer Staples Distribution & Retail)


Comparison to Industry (Consumer Staples)