Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company’s ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Target Corp., profitability ratios (quarterly data)
Based on: 10-Q (filing date: 2020-11-25), 10-Q (filing date: 2020-08-28), 10-Q (filing date: 2020-05-29), 10-K (filing date: 2020-03-11), 10-Q (filing date: 2019-11-27), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-03-13), 10-Q (filing date: 2018-11-27), 10-Q (filing date: 2018-08-27), 10-Q (filing date: 2018-05-29), 10-K (filing date: 2018-03-14), 10-Q (filing date: 2017-11-20), 10-Q (filing date: 2017-08-21), 10-Q (filing date: 2017-05-22), 10-K (filing date: 2017-03-08), 10-Q (filing date: 2016-11-23), 10-Q (filing date: 2016-08-24), 10-Q (filing date: 2016-05-25), 10-K (filing date: 2016-03-11), 10-Q (filing date: 2015-11-25), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-13), 10-Q (filing date: 2014-11-26), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-29).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Target Corp.’s gross profit margin ratio improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Target Corp.’s operating profit margin ratio improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Target Corp.’s net profit margin ratio improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Target Corp.’s ROE improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Target Corp.’s ROA improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |
Gross Profit Margin
Target Corp., gross profit margin calculation (quarterly data)
| Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | Jan 28, 2017 | Oct 29, 2016 | Jul 30, 2016 | Apr 30, 2016 | Jan 30, 2016 | Oct 31, 2015 | Aug 1, 2015 | May 2, 2015 | Jan 31, 2015 | Nov 1, 2014 | Aug 2, 2014 | May 3, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Gross margin | 6,827 | 7,023 | 4,861 | 6,076 | 5,479 | 5,558 | 5,153 | 5,835 | 5,055 | 5,313 | 4,931 | 5,906 | 4,955 | 5,010 | 4,883 | 5,575 | 4,970 | 5,067 | 5,011 | 6,031 | 5,173 | 5,376 | 5,208 | 6,189 | 5,083 | 5,159 | 4,909 | ||||||||
| Sales | 22,336 | 22,696 | 19,371 | 23,132 | 18,414 | 18,183 | 17,401 | 22,735 | 17,590 | 17,552 | 16,556 | 22,766 | 16,667 | 16,429 | 16,017 | 20,689 | 16,441 | 16,169 | 16,196 | 21,626 | 17,613 | 17,427 | 17,119 | 21,750 | 17,254 | 16,957 | 16,657 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| Gross profit margin1 | 28.32% | 28.03% | 27.78% | 28.87% | 28.70% | 28.46% | 28.37% | 28.39% | 28.48% | 28.70% | 28.72% | 28.87% | 29.26% | 29.38% | 29.57% | 29.68% | 29.93% | 29.72% | 29.63% | 29.53% | 29.69% | 29.72% | 29.61% | 29.39% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | 39.57% | 40.22% | 40.27% | 40.64% | 40.99% | 41.11% | 41.27% | 41.07% | 40.25% | 39.87% | 38.78% | 37.77% | 37.07% | 36.46% | 35.98% | 35.58% | 35.09% | — | — | — | — | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 11.32% | 11.20% | 11.15% | 11.02% | 11.09% | 11.02% | 10.98% | 11.00% | 10.92% | 11.04% | 11.14% | 11.24% | 11.25% | 11.33% | 11.37% | 11.35% | 11.42% | 11.35% | 11.26% | 11.19% | 11.15% | 11.09% | — | — | — | ||||||||
| Dollar General Corp. | 31.56% | 31.17% | 30.71% | 30.59% | 30.42% | 30.44% | 30.40% | 30.45% | 30.66% | 30.78% | 30.80% | 30.77% | 30.65% | 30.65% | 30.76% | 30.85% | 30.87% | 31.00% | 30.99% | 30.96% | 30.91% | 30.88% | 30.79% | 30.69% | — | — | — | ||||||||
| Home Depot Inc. | 34.03% | 34.10% | 34.06% | 34.09% | 34.13% | 34.20% | 34.26% | 34.34% | 34.31% | 34.24% | 34.15% | 34.05% | 34.08% | 34.11% | 34.14% | 34.16% | 34.18% | 34.16% | 34.16% | 34.19% | 34.41% | 34.49% | 34.66% | 34.81% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 32.94% | 32.89% | 32.23% | 31.80% | 31.85% | 31.47% | 31.72% | 32.12% | 32.65% | 33.43% | 33.79% | 34.11% | 34.27% | 34.34% | 34.40% | 34.55% | 34.61% | 34.71% | 34.72% | 34.82% | 34.83% | 34.76% | 34.79% | 34.79% | — | — | — | ||||||||
| TJX Cos. Inc. | 23.97% | 23.61% | 25.04% | 28.46% | 28.30% | 28.32% | 28.49% | 28.59% | 28.76% | 28.96% | 28.88% | 28.89% | 28.90% | 28.81% | 29.03% | 28.98% | 29.11% | 28.97% | 28.89% | 28.79% | 28.66% | 28.75% | 28.64% | 28.55% | — | — | — | ||||||||
| Walmart Inc. | 24.24% | 24.11% | 23.94% | 24.10% | 24.23% | 24.32% | 24.43% | 24.50% | 24.56% | 24.61% | 24.65% | 24.68% | 24.85% | 24.92% | 24.95% | 24.94% | 24.93% | 24.85% | 24.72% | 24.58% | 24.45% | 24.30% | 24.31% | 24.29% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-11-25), 10-Q (filing date: 2020-08-28), 10-Q (filing date: 2020-05-29), 10-K (filing date: 2020-03-11), 10-Q (filing date: 2019-11-27), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-03-13), 10-Q (filing date: 2018-11-27), 10-Q (filing date: 2018-08-27), 10-Q (filing date: 2018-05-29), 10-K (filing date: 2018-03-14), 10-Q (filing date: 2017-11-20), 10-Q (filing date: 2017-08-21), 10-Q (filing date: 2017-05-22), 10-K (filing date: 2017-03-08), 10-Q (filing date: 2016-11-23), 10-Q (filing date: 2016-08-24), 10-Q (filing date: 2016-05-25), 10-K (filing date: 2016-03-11), 10-Q (filing date: 2015-11-25), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-13), 10-Q (filing date: 2014-11-26), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-29).
1 Q3 2021 Calculation
Gross profit margin = 100
× (Gross marginQ3 2021
+ Gross marginQ2 2021
+ Gross marginQ1 2021
+ Gross marginQ4 2020)
÷ (SalesQ3 2021
+ SalesQ2 2021
+ SalesQ1 2021
+ SalesQ4 2020)
= 100 × (6,827 + 7,023 + 4,861 + 6,076)
÷ (22,336 + 22,696 + 19,371 + 23,132)
= 28.32%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Target Corp.’s gross profit margin ratio improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |
Operating Profit Margin
Target Corp., operating profit margin calculation (quarterly data)
| Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | Jan 28, 2017 | Oct 29, 2016 | Jul 30, 2016 | Apr 30, 2016 | Jan 30, 2016 | Oct 31, 2015 | Aug 1, 2015 | May 2, 2015 | Jan 31, 2015 | Nov 1, 2014 | Aug 2, 2014 | May 3, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Operating income | 1,935 | 2,300 | 468 | 1,197 | 1,002 | 1,324 | 1,135 | 1,117 | 819 | 1,133 | 1,041 | 1,151 | 869 | 1,114 | 1,178 | 1,348 | 1,061 | 1,248 | 1,312 | 2,170 | 876 | 1,330 | 1,154 | 1,586 | 904 | 1,023 | 1,022 | ||||||||
| Sales | 22,336 | 22,696 | 19,371 | 23,132 | 18,414 | 18,183 | 17,401 | 22,735 | 17,590 | 17,552 | 16,556 | 22,766 | 16,667 | 16,429 | 16,017 | 20,689 | 16,441 | 16,169 | 16,196 | 21,626 | 17,613 | 17,427 | 17,119 | 21,750 | 17,254 | 16,957 | 16,657 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| Operating profit margin1 | 6.74% | 5.94% | 5.05% | 6.04% | 5.97% | 5.79% | 5.58% | 5.52% | 5.57% | 5.70% | 5.77% | 6.00% | 6.46% | 6.76% | 6.98% | 7.15% | 8.22% | 7.83% | 7.81% | 7.49% | 6.69% | 6.76% | 6.39% | 6.25% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | 5.93% | 5.72% | 5.24% | 4.76% | 5.18% | 5.44% | 5.96% | 6.17% | 5.33% | 4.87% | 3.55% | 2.60% | 2.31% | 2.01% | 2.31% | 2.89% | 3.08% | — | — | — | — | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 3.43% | 3.33% | 3.16% | 3.17% | 3.21% | 3.17% | 3.23% | 3.24% | 3.16% | 3.24% | 3.29% | 3.30% | 3.25% | 3.26% | 3.20% | 3.16% | 3.21% | 3.16% | 3.15% | 3.14% | 3.18% | 3.19% | — | — | — | ||||||||
| Dollar General Corp. | 10.48% | 9.98% | 8.98% | 8.30% | 8.15% | 8.14% | 8.18% | 8.26% | 8.37% | 8.44% | 8.44% | 8.55% | 8.84% | 8.96% | 9.21% | 9.39% | 9.38% | 9.64% | 9.62% | 9.53% | 9.46% | 9.48% | 9.41% | 9.36% | — | — | — | ||||||||
| Home Depot Inc. | 14.01% | 13.99% | 13.85% | 14.37% | 14.26% | 14.31% | 14.36% | 14.35% | 14.53% | 14.52% | 14.43% | 14.55% | 14.53% | 14.44% | 14.31% | 14.19% | 13.98% | 13.81% | 13.56% | 13.30% | 13.17% | 12.87% | 12.79% | 12.59% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 10.64% | 10.53% | 9.30% | 8.75% | 6.67% | 5.83% | 5.54% | 5.63% | 7.99% | 8.90% | 9.39% | 9.60% | 9.81% | 9.06% | 8.73% | 8.99% | 8.03% | 8.85% | 8.85% | 8.41% | 9.17% | 8.86% | 8.71% | 8.52% | — | — | — | ||||||||
| TJX Cos. Inc. | 3.13% | 3.26% | 5.86% | 10.59% | 10.49% | 10.56% | 10.61% | 10.82% | 10.71% | 10.86% | 10.89% | 10.84% | 11.27% | 11.30% | 11.54% | 11.60% | 11.70% | 11.80% | 11.90% | 11.97% | 12.11% | 12.31% | 12.37% | 12.40% | — | — | — | ||||||||
| Walmart Inc. | 4.11% | 3.96% | 3.93% | 3.96% | 4.12% | 4.20% | 4.25% | 4.30% | 4.01% | 3.98% | 4.06% | 4.12% | 4.52% | 4.64% | 4.71% | 4.73% | 4.83% | 4.96% | 4.94% | 5.04% | 5.29% | 5.39% | 5.52% | 5.63% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-11-25), 10-Q (filing date: 2020-08-28), 10-Q (filing date: 2020-05-29), 10-K (filing date: 2020-03-11), 10-Q (filing date: 2019-11-27), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-03-13), 10-Q (filing date: 2018-11-27), 10-Q (filing date: 2018-08-27), 10-Q (filing date: 2018-05-29), 10-K (filing date: 2018-03-14), 10-Q (filing date: 2017-11-20), 10-Q (filing date: 2017-08-21), 10-Q (filing date: 2017-05-22), 10-K (filing date: 2017-03-08), 10-Q (filing date: 2016-11-23), 10-Q (filing date: 2016-08-24), 10-Q (filing date: 2016-05-25), 10-K (filing date: 2016-03-11), 10-Q (filing date: 2015-11-25), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-13), 10-Q (filing date: 2014-11-26), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-29).
1 Q3 2021 Calculation
Operating profit margin = 100
× (Operating incomeQ3 2021
+ Operating incomeQ2 2021
+ Operating incomeQ1 2021
+ Operating incomeQ4 2020)
÷ (SalesQ3 2021
+ SalesQ2 2021
+ SalesQ1 2021
+ SalesQ4 2020)
= 100 × (1,935 + 2,300 + 468 + 1,197)
÷ (22,336 + 22,696 + 19,371 + 23,132)
= 6.74%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Target Corp.’s operating profit margin ratio improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |
Net Profit Margin
Target Corp., net profit margin calculation (quarterly data)
| Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | Jan 28, 2017 | Oct 29, 2016 | Jul 30, 2016 | Apr 30, 2016 | Jan 30, 2016 | Oct 31, 2015 | Aug 1, 2015 | May 2, 2015 | Jan 31, 2015 | Nov 1, 2014 | Aug 2, 2014 | May 3, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Net earnings (loss) | 1,014 | 1,690 | 284 | 834 | 714 | 938 | 795 | 798 | 622 | 799 | 718 | 1,101 | 480 | 672 | 681 | 817 | 608 | 680 | 632 | 1,426 | 549 | 753 | 635 | (2,640) | 352 | 234 | 418 | ||||||||
| Sales | 22,336 | 22,696 | 19,371 | 23,132 | 18,414 | 18,183 | 17,401 | 22,735 | 17,590 | 17,552 | 16,556 | 22,766 | 16,667 | 16,429 | 16,017 | 20,689 | 16,441 | 16,169 | 16,196 | 21,626 | 17,613 | 17,427 | 17,119 | 21,750 | 17,254 | 16,957 | 16,657 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| Net profit margin1 | 4.37% | 4.21% | 3.50% | 4.25% | 4.23% | 4.15% | 4.00% | 3.95% | 4.35% | 4.21% | 4.10% | 4.08% | 3.80% | 3.99% | 4.02% | 3.94% | 4.75% | 4.59% | 4.61% | 4.56% | -0.95% | -1.22% | -1.94% | -2.25% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | 5.53% | 4.99% | 4.10% | 3.56% | 4.13% | 4.27% | 4.80% | 4.97% | 4.33% | 4.03% | 3.02% | 2.04% | 1.71% | 1.20% | 1.28% | 1.81% | 1.74% | — | — | — | — | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 2.55% | 2.45% | 2.36% | 2.44% | 2.47% | 2.45% | 2.46% | 2.40% | 2.30% | 2.26% | 2.21% | 2.23% | 2.14% | 2.12% | 2.11% | 2.01% | 2.07% | 2.02% | 2.03% | 2.01% | 2.07% | 2.09% | — | — | — | ||||||||
| Dollar General Corp. | 7.84% | 7.48% | 6.69% | 6.17% | 6.09% | 6.11% | 6.16% | 6.20% | 7.24% | 7.06% | 6.77% | 6.56% | 5.31% | 5.38% | 5.53% | 5.69% | 5.71% | 5.86% | 5.83% | 5.72% | 5.72% | 5.73% | 5.68% | 5.63% | — | — | — | ||||||||
| Home Depot Inc. | 9.94% | 9.91% | 9.79% | 10.20% | 10.01% | 10.18% | 10.24% | 10.28% | 10.00% | 9.45% | 8.85% | 8.55% | 8.66% | 8.63% | 8.53% | 8.41% | 8.23% | 8.08% | 8.00% | 7.92% | 7.98% | 7.88% | 7.76% | 7.63% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 6.29% | 7.12% | 6.17% | 5.93% | 4.11% | 3.52% | 3.31% | 3.25% | 5.19% | 5.58% | 5.55% | 5.02% | 5.16% | 4.51% | 4.22% | 4.76% | 3.91% | 4.58% | 4.58% | 4.31% | 5.11% | 4.91% | 4.82% | 4.80% | — | — | — | ||||||||
| TJX Cos. Inc. | 2.24% | 2.11% | 4.57% | 7.84% | 7.70% | 7.65% | 7.69% | 7.85% | 7.98% | 7.88% | 7.58% | 7.27% | 7.01% | 6.83% | 6.96% | 6.93% | 7.00% | 7.23% | 7.31% | 7.36% | 7.46% | 7.58% | 7.59% | 7.62% | — | — | — | ||||||||
| Walmart Inc. | 3.62% | 3.33% | 2.83% | 2.86% | 2.79% | 2.50% | 1.64% | 1.31% | 1.02% | 1.03% | 1.79% | 1.99% | 2.33% | 2.62% | 2.82% | 2.83% | 3.01% | 3.07% | 3.01% | 3.07% | 3.14% | 3.21% | 3.34% | 3.39% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-11-25), 10-Q (filing date: 2020-08-28), 10-Q (filing date: 2020-05-29), 10-K (filing date: 2020-03-11), 10-Q (filing date: 2019-11-27), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-03-13), 10-Q (filing date: 2018-11-27), 10-Q (filing date: 2018-08-27), 10-Q (filing date: 2018-05-29), 10-K (filing date: 2018-03-14), 10-Q (filing date: 2017-11-20), 10-Q (filing date: 2017-08-21), 10-Q (filing date: 2017-05-22), 10-K (filing date: 2017-03-08), 10-Q (filing date: 2016-11-23), 10-Q (filing date: 2016-08-24), 10-Q (filing date: 2016-05-25), 10-K (filing date: 2016-03-11), 10-Q (filing date: 2015-11-25), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-13), 10-Q (filing date: 2014-11-26), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-29).
1 Q3 2021 Calculation
Net profit margin = 100
× (Net earnings (loss)Q3 2021
+ Net earnings (loss)Q2 2021
+ Net earnings (loss)Q1 2021
+ Net earnings (loss)Q4 2020)
÷ (SalesQ3 2021
+ SalesQ2 2021
+ SalesQ1 2021
+ SalesQ4 2020)
= 100 × (1,014 + 1,690 + 284 + 834)
÷ (22,336 + 22,696 + 19,371 + 23,132)
= 4.37%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Target Corp.’s net profit margin ratio improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |
Return on Equity (ROE)
Target Corp., ROE calculation (quarterly data)
| Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | Jan 28, 2017 | Oct 29, 2016 | Jul 30, 2016 | Apr 30, 2016 | Jan 30, 2016 | Oct 31, 2015 | Aug 1, 2015 | May 2, 2015 | Jan 31, 2015 | Nov 1, 2014 | Aug 2, 2014 | May 3, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Net earnings (loss) | 1,014 | 1,690 | 284 | 834 | 714 | 938 | 795 | 798 | 622 | 799 | 718 | 1,101 | 480 | 672 | 681 | 817 | 608 | 680 | 632 | 1,426 | 549 | 753 | 635 | (2,640) | 352 | 234 | 418 | ||||||||
| Shareholders’ investment | 13,319 | 12,578 | 11,169 | 11,833 | 11,545 | 11,836 | 11,117 | 11,297 | 11,080 | 11,167 | 11,158 | 11,709 | 11,137 | 11,098 | 11,021 | 10,953 | 11,069 | 11,577 | 12,545 | 12,957 | 13,256 | 13,942 | 14,174 | 13,997 | 16,373 | 16,433 | 16,486 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| ROE1 | 28.70% | 28.00% | 24.80% | 27.73% | 28.11% | 26.64% | 27.11% | 26.00% | 29.24% | 27.74% | 26.63% | 25.06% | 23.79% | 25.03% | 25.28% | 24.99% | 30.23% | 28.39% | 26.78% | 25.96% | -5.30% | -6.46% | -10.01% | -11.69% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | 22.84% | 20.99% | 17.88% | 16.18% | 18.67% | 20.08% | 22.80% | 24.80% | 23.13% | 22.75% | 17.93% | 12.52% | 10.95% | 7.81% | 8.28% | 11.91% | 12.29% | — | — | — | — | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 29.10% | 21.89% | 22.08% | 22.74% | 23.55% | 24.00% | 24.89% | 24.89% | 24.77% | 24.49% | 24.79% | 25.18% | 25.04% | 24.86% | 25.65% | 19.16% | 20.17% | 19.46% | 20.32% | 20.99% | 21.76% | 22.39% | — | — | — | ||||||||
| Dollar General Corp. | 36.47% | 31.80% | 27.44% | 25.55% | 24.97% | 24.14% | 24.49% | 24.77% | 28.61% | 27.23% | 26.05% | 25.12% | 21.60% | 21.52% | 22.35% | 23.14% | 22.63% | 22.74% | 22.40% | 21.66% | 21.41% | 20.80% | 20.35% | 18.66% | — | — | — | ||||||||
| Home Depot Inc. | 813.68% | — | — | — | — | — | — | — | 799.70% | 490.49% | 534.68% | 593.54% | 337.99% | 236.33% | 206.16% | 183.64% | 136.68% | 111.76% | 114.18% | 110.97% | 90.79% | 77.91% | 71.11% | 68.06% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 131.77% | 131.40% | 266.43% | 217.09% | 119.93% | 95.76% | 73.30% | 63.50% | 68.43% | 68.05% | 66.72% | 58.69% | 61.93% | 55.33% | 50.82% | 48.07% | 36.99% | 40.47% | 38.23% | 33.26% | 35.63% | 32.62% | 28.99% | 27.07% | — | — | — | ||||||||
| TJX Cos. Inc. | 13.47% | 15.26% | 35.54% | 55.01% | 56.45% | 57.76% | 59.31% | 60.61% | 58.89% | 56.91% | 52.98% | 50.66% | 51.85% | 51.03% | 51.08% | 50.95% | 52.81% | 52.21% | 50.97% | 52.88% | 51.94% | 53.02% | 52.10% | 51.95% | — | — | — | ||||||||
| Walmart Inc. | 24.24% | 23.76% | 22.02% | 19.93% | 20.14% | 18.27% | 12.28% | 9.20% | 7.16% | 7.30% | 11.86% | 12.66% | 15.03% | 16.66% | 18.46% | 17.54% | 18.61% | 19.25% | 19.20% | 18.24% | 18.96% | 19.64% | 21.04% | 20.10% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-11-25), 10-Q (filing date: 2020-08-28), 10-Q (filing date: 2020-05-29), 10-K (filing date: 2020-03-11), 10-Q (filing date: 2019-11-27), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-03-13), 10-Q (filing date: 2018-11-27), 10-Q (filing date: 2018-08-27), 10-Q (filing date: 2018-05-29), 10-K (filing date: 2018-03-14), 10-Q (filing date: 2017-11-20), 10-Q (filing date: 2017-08-21), 10-Q (filing date: 2017-05-22), 10-K (filing date: 2017-03-08), 10-Q (filing date: 2016-11-23), 10-Q (filing date: 2016-08-24), 10-Q (filing date: 2016-05-25), 10-K (filing date: 2016-03-11), 10-Q (filing date: 2015-11-25), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-13), 10-Q (filing date: 2014-11-26), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-29).
1 Q3 2021 Calculation
ROE = 100
× (Net earnings (loss)Q3 2021
+ Net earnings (loss)Q2 2021
+ Net earnings (loss)Q1 2021
+ Net earnings (loss)Q4 2020)
÷ Shareholders’ investment
= 100 × (1,014 + 1,690 + 284 + 834)
÷ 13,319 = 28.70%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Target Corp.’s ROE improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |
Return on Assets (ROA)
Target Corp., ROA calculation (quarterly data)
| Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | Jan 28, 2017 | Oct 29, 2016 | Jul 30, 2016 | Apr 30, 2016 | Jan 30, 2016 | Oct 31, 2015 | Aug 1, 2015 | May 2, 2015 | Jan 31, 2015 | Nov 1, 2014 | Aug 2, 2014 | May 3, 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Net earnings (loss) | 1,014 | 1,690 | 284 | 834 | 714 | 938 | 795 | 798 | 622 | 799 | 718 | 1,101 | 480 | 672 | 681 | 817 | 608 | 680 | 632 | 1,426 | 549 | 753 | 635 | (2,640) | 352 | 234 | 418 | ||||||||
| Total assets | 50,661 | 48,000 | 44,806 | 42,779 | 43,741 | 41,566 | 40,619 | 41,290 | 43,572 | 39,996 | 38,929 | 38,999 | 40,708 | 37,366 | 37,218 | 37,431 | 38,603 | 37,288 | 39,908 | 40,262 | 41,696 | 40,386 | 40,446 | 41,404 | 46,461 | 44,455 | 44,042 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| ROA1 | 7.54% | 7.34% | 6.18% | 7.67% | 7.42% | 7.59% | 7.42% | 7.11% | 7.44% | 7.75% | 7.63% | 7.52% | 6.51% | 7.43% | 7.49% | 7.31% | 8.67% | 8.82% | 8.42% | 8.35% | -1.69% | -2.23% | -3.51% | -3.95% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | — | — | 6.64% | 6.16% | 5.10% | 4.77% | 5.14% | 5.70% | 6.32% | 6.74% | 6.19% | 6.20% | 4.68% | 3.12% | 2.31% | 1.67% | 2.19% | 3.19% | 2.84% | — | — | — | — | — | — | — | ||||||||
| Costco Wholesale Corp. | — | — | 7.18% | 7.20% | 7.17% | 7.74% | 7.26% | 8.06% | 8.24% | 8.06% | 7.44% | 7.68% | 7.60% | 7.65% | 7.04% | 7.37% | 7.13% | 6.69% | 6.61% | 7.09% | 6.90% | 7.13% | 6.66% | 7.11% | — | — | — | ||||||||
| Dollar General Corp. | 9.74% | 9.05% | 7.96% | 7.50% | 7.41% | 7.43% | 7.56% | 12.04% | 13.86% | 13.42% | 13.00% | 12.30% | 10.03% | 10.10% | 10.47% | 10.72% | 10.18% | 10.60% | 10.67% | 10.35% | 10.14% | 10.07% | 10.00% | 9.49% | — | — | — | ||||||||
| Home Depot Inc. | 18.66% | 18.67% | 18.68% | 21.94% | 21.23% | 21.54% | 21.80% | 25.27% | 23.35% | 21.31% | 19.34% | 19.38% | 19.09% | 18.27% | 18.17% | 18.52% | 17.27% | 16.81% | 16.23% | 16.47% | 15.67% | 15.36% | 15.40% | 15.88% | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 10.55% | 11.06% | 9.98% | 10.85% | 7.41% | 6.21% | 5.49% | 6.71% | 10.05% | 10.60% | 10.02% | 9.77% | 9.67% | 8.35% | 7.47% | 8.99% | 6.90% | 7.67% | 7.42% | 8.14% | 8.87% | 8.65% | 7.98% | 8.48% | — | — | — | ||||||||
| TJX Cos. Inc. | 2.38% | 2.68% | 6.63% | 13.55% | 12.88% | 13.40% | 13.53% | 21.36% | 20.60% | 21.08% | 19.90% | 18.55% | 17.36% | 17.91% | 18.23% | 17.84% | 17.77% | 19.92% | 19.75% | 19.81% | 18.84% | 19.99% | 19.67% | 19.91% | — | — | — | ||||||||
| Walmart Inc. | 7.87% | 7.54% | 6.45% | 6.29% | 6.02% | 5.47% | 3.57% | 3.04% | 2.28% | 2.52% | 4.37% | 4.82% | 5.46% | 6.32% | 6.81% | 6.86% | 6.99% | 7.44% | 7.26% | 7.36% | 7.35% | 7.80% | 8.03% | 8.03% | — | — | — | ||||||||
Based on: 10-Q (filing date: 2020-11-25), 10-Q (filing date: 2020-08-28), 10-Q (filing date: 2020-05-29), 10-K (filing date: 2020-03-11), 10-Q (filing date: 2019-11-27), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-03-13), 10-Q (filing date: 2018-11-27), 10-Q (filing date: 2018-08-27), 10-Q (filing date: 2018-05-29), 10-K (filing date: 2018-03-14), 10-Q (filing date: 2017-11-20), 10-Q (filing date: 2017-08-21), 10-Q (filing date: 2017-05-22), 10-K (filing date: 2017-03-08), 10-Q (filing date: 2016-11-23), 10-Q (filing date: 2016-08-24), 10-Q (filing date: 2016-05-25), 10-K (filing date: 2016-03-11), 10-Q (filing date: 2015-11-25), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-13), 10-Q (filing date: 2014-11-26), 10-Q (filing date: 2014-08-27), 10-Q (filing date: 2014-05-29).
1 Q3 2021 Calculation
ROA = 100
× (Net earnings (loss)Q3 2021
+ Net earnings (loss)Q2 2021
+ Net earnings (loss)Q1 2021
+ Net earnings (loss)Q4 2020)
÷ Total assets
= 100 × (1,014 + 1,690 + 284 + 834)
÷ 50,661 = 7.54%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Target Corp.’s ROA improved from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021. |