Target Income Statement

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1991
Revenue	107,412	109,120	106,005	93,561	78,112	75,356	72,714	70,271	73,785	72,618	Upgrade
Revenue Growth (YoY)	-1.57%	2.94%	13.30%	19.78%	3.66%	3.63%	3.48%	-4.76%	1.61%	1.88%	Upgrade
Cost of Revenue	77,736	82,229	74,963	66,177	54,864	53,299	51,125	49,145	52,241	51,278	Upgrade
Gross Profit	29,676	26,891	31,042	27,384	23,248	22,057	21,589	21,126	21,544	21,340	Upgrade
Selling, General & Admin	21,554	20,658	19,752	18,615	16,233	15,723	15,140	14,217	14,665	14,676	Upgrade
Other Operating Expenses	2,415	2,385	2,344	2,230	2,357	2,224	2,225	2,045	1,969	2,129	Upgrade
Operating Expenses	23,969	23,043	22,096	20,845	18,590	17,947	17,365	16,262	16,634	16,805	Upgrade
Operating Income	5,707	3,848	8,946	6,539	4,658	4,110	4,224	4,864	4,910	4,535	Upgrade
Interest Expense / Income	502	478	421	977	477	461	653	991	607	882	Upgrade
Other Expense / Income	-92	-48	-382	16	-21	-34	-65	-156	-662	4,085	Upgrade
Pretax Income	5,297	3,418	8,907	5,546	4,202	3,683	3,636	4,029	4,965	-432	Upgrade
Income Tax	1,159	638	1,961	1,178	921	746	722	1,295	1,602	1,204	Upgrade
Net Income	4,138	2,780	6,946	4,368	3,281	2,937	2,914	2,734	3,363	-1,636	Upgrade
Net Income Growth	48.85%	-59.98%	59.02%	33.13%	11.71%	0.79%	6.58%	-18.70%	-	-	Upgrade
Shares Outstanding (Basic)	462	462	488	501	511	529	547	578	628	635	Upgrade
Shares Outstanding (Diluted)	463	465	493	505	516	533	550	583	633	640	Upgrade
Shares Change	-0.41%	-5.68%	-2.51%	-1.98%	-3.30%	-3.11%	-5.53%	-7.96%	-1.12%	-0.26%	Upgrade
EPS (Basic)	8.96	6.02	14.23	8.72	6.42	5.55	5.32	4.73	5.35	-2.58	Upgrade
EPS (Diluted)	8.94	5.98	14.10	8.64	6.36	5.51	5.29	4.69	5.31	-2.56	Upgrade
EPS Growth	49.50%	-57.59%	63.19%	35.85%	15.43%	4.16%	12.79%	-11.68%	-	-	Upgrade
Free Cash Flow	3,839	-1,502	5,108	7,918	4,153	2,542	4,433	3,943	4,548	2,774	Upgrade
Free Cash Flow Per Share	8.32	-3.25	10.46	15.82	8.13	4.81	8.11	6.83	7.25	4.37	Upgrade
Dividend Per Share	4.360	5.040	3.160	2.680	2.600	2.520	2.440	2.320	2.160	1.900	Upgrade
Dividend Growth	-13.49%	59.49%	17.91%	3.08%	3.17%	3.28%	5.17%	7.41%	13.68%	20.25%	Upgrade
Gross Margin	27.63%	24.64%	29.28%	29.27%	29.76%	29.27%	29.69%	30.06%	29.20%	29.39%	Upgrade
Operating Margin	5.31%	3.53%	8.44%	6.99%	5.96%	5.45%	5.81%	6.92%	6.65%	6.25%	Upgrade
Profit Margin	3.85%	2.55%	6.55%	4.67%	4.20%	3.90%	4.01%	3.89%	4.56%	-2.25%	Upgrade
Free Cash Flow Margin	3.57%	-1.38%	4.82%	8.46%	5.32%	3.37%	6.10%	5.61%	6.16%	3.82%	Upgrade
Effective Tax Rate	21.88%	18.67%	22.02%	21.24%	21.92%	20.26%	19.86%	32.14%	32.27%	-	Upgrade
EBITDA	8,600	6,596	11,970	9,008	7,283	6,618	6,765	7,338	7,785	2,579	Upgrade
EBITDA Margin	8.01%	6.04%	11.29%	9.63%	9.32%	8.78%	9.30%	10.44%	10.55%	3.55%	Upgrade
Depreciation & Amortization	2,801	2,700	2,642	2,485	2,604	2,474	2,476	2,318	2,213	2,129	Upgrade
EBIT	5,799	3,896	9,328	6,523	4,679	4,144	4,289	5,020	5,572	450	Upgrade
EBIT Margin	5.40%	3.57%	8.80%	6.97%	5.99%	5.50%	5.90%	7.14%	7.55%	0.62%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).