Target Corporation (TGT)
NYSE: TGT · Real-Time Price · USD
163.64
+0.17 (0.10%)
Aug 26, 2026, 2:22 PM EDT - Market open
Target Cash Flow Statement
Financials in millions USD. Fiscal year is February - January.
Millions USD. Fiscal year is Feb - Jan.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | Jan '26 Jan 31, 2026 | Feb '25 Feb 1, 2025 | Feb '24 Feb 3, 2024 | Jan '23 Jan 28, 2023 | Jan '22 Jan 29, 2022 |
Net Income | 4,392 | 3,705 | 4,091 | 4,138 | 2,780 | 6,946 |
Depreciation & Amortization | 3,173 | 3,134 | 2,981 | 2,801 | 2,700 | 2,642 |
Loss (Gain) From Sale of Assets | -105 | -100 | 26 | 94 | 172 | -268 |
Stock-Based Compensation | 302 | 281 | 304 | 251 | 220 | 228 |
Other Operating Activities | 71 | -55 | -180 | 298 | 582 | 522 |
Change in Inventory | -368 | 436 | -854 | 1,613 | 403 | -3,249 |
Change in Accounts Payable | 1,236 | -501 | 1,008 | -1,216 | -2,237 | 2,628 |
Change in Other Net Operating Assets | 22 | -338 | -9 | 642 | -602 | -824 |
Operating Cash Flow | 8,723 | 6,562 | 7,367 | 8,621 | 4,018 | 8,625 |
Operating Cash Flow Growth | 36.60% | -10.93% | -14.55% | 114.56% | -53.41% | -18.05% |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | Jan '26 Jan 31, 2026 | Feb '25 Feb 1, 2025 | Feb '24 Feb 3, 2024 | Jan '23 Jan 28, 2023 | Jan '22 Jan 29, 2022 |
Capital Expenditures | -4,267 | -3,727 | -2,891 | -4,806 | -5,528 | -3,544 |
Sale of Property, Plant & Equipment | - | - | - | - | 8 | 27 |
Divestitures | - | - | - | - | - | 356 |
Investment in Securities | - | - | - | - | 16 | 7 |
Other Investing Activities | 74 | 78 | 31 | 46 | - | - |
Investing Cash Flow | -4,193 | -3,649 | -2,860 | -4,760 | -5,504 | -3,154 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | Jan '26 Jan 31, 2026 | Feb '25 Feb 1, 2025 | Feb '24 Feb 3, 2024 | Jan '23 Jan 28, 2023 | Jan '22 Jan 29, 2022 |
Long-Term Debt Issued | - | 1,984 | 741 | - | 2,625 | 1,972 |
Long-Term Debt Repaid | - | -1,643 | -1,139 | -147 | -163 | -1,147 |
Net Debt Issued (Repaid) | -1,142 | 341 | -398 | -147 | 2,462 | 825 |
Issuance of Common Stock | - | - | - | - | 4 | 8 |
Repurchase of Common Stock | -250 | -475 | -1,106 | -127 | -2,826 | -7,356 |
Common Dividends Paid | -2,068 | -2,053 | -2,046 | -2,011 | -1,836 | -1,548 |
Financing Cash Flow | -3,460 | -2,187 | -3,550 | -2,285 | -2,196 | -8,071 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | Jan '26 Jan 31, 2026 | Feb '25 Feb 1, 2025 | Feb '24 Feb 3, 2024 | Jan '23 Jan 28, 2023 | Jan '22 Jan 29, 2022 |
Net Cash Flow | 1,070 | 726 | 957 | 1,576 | -3,682 | -2,600 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | Jan '26 Jan 31, 2026 | Feb '25 Feb 1, 2025 | Feb '24 Feb 3, 2024 | Jan '23 Jan 28, 2023 | Jan '22 Jan 29, 2022 |
Free Cash Flow | 4,456 | 2,835 | 4,476 | 3,815 | -1,510 | 5,081 |
Free Cash Flow Growth | 51.36% | -36.66% | 17.33% | - | - | -35.49% |
Free Cash Flow Margin | 4.14% | 2.71% | 4.20% | 3.55% | -1.38% | 4.79% |
Free Cash Flow Per Share | 9.78 | 6.22 | 9.69 | 8.24 | -3.25 | 10.31 |
Levered Free Cash Flow | 3,447 | 2,590 | 3,682 | 2,337 | -2,648 | 3,889 |
Unlevered Free Cash Flow | 3,715 | 2,868 | 3,939 | 2,651 | -2,349 | 4,152 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | Jan '26 Jan 31, 2026 | Feb '25 Feb 1, 2025 | Feb '24 Feb 3, 2024 | Jan '23 Jan 28, 2023 | Jan '22 Jan 29, 2022 |
Cash Interest Paid | 629 | 629 | 615 | 605 | 449 | 414 |
Cash Income Tax Paid | 1,091 | 1,091 | 1,055 | 374 | 213 | 2,063 |
Change in Working Capital | 890 | -403 | 145 | 1,039 | -2,436 | -1,445 |