Target Corporation (TGT)
NYSE: TGT · Real-Time Price · USD
110.85
-3.28 (-2.87%)
At close: Feb 5, 2026, 4:00 PM EST
109.51
-1.34 (-1.21%)
After-hours: Feb 5, 2026, 7:59 PM EST
Target Cash Flow Statement
Financials in millions USD. Fiscal year is March - February.
Millions USD. Fiscal year is Mar - Feb.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 | Jul '21 Jul 31, 2021 | May '21 May 1, 2021 | Jan '21 Jan 30, 2021 |
Net Income | 689 | 935 | 1,036 | 1,103 | 854 | 1,192 | 942 | 1,382 | 971 | 835 | 950 | 876 | 712 | 183 | 1,009 | 1,544 | 1,488 | 1,817 | 2,097 | 1,380 |
Depreciation & Amortization | 773 | 771 | 787 | 766 | 754 | 743 | 718 | 729 | 722 | 683 | 667 | 696 | 675 | 650 | 679 | 690 | 652 | 633 | 667 | 637 |
Loss (Gain) From Sale of Assets | 7 | 5 | -4 | 27 | -23 | 53 | -31 | -7 | 90 | 22 | -11 | 31 | 33 | 56 | 52 | 49 | 11 | 37 | -365 | -38 |
Stock-Based Compensation | 64 | 64 | 69 | 75 | 80 | 77 | 72 | 75 | 69 | 64 | 43 | 43 | 55 | 39 | 83 | 41 | 49 | 59 | 79 | 39 |
Other Operating Activities | -133 | 76 | 36 | -122 | -74 | -48 | 64 | 46 | 111 | 46 | 95 | 34 | 321 | 112 | 115 | 289 | 90 | -27 | 170 | -210 |
Change in Inventory | -2,015 | 167 | -308 | 2,425 | -2,561 | -874 | 156 | 2,845 | -2,047 | -68 | 883 | 3,618 | -1,797 | -237 | -1,181 | 1,056 | -3,699 | -720 | 114 | 2,059 |
Change in Accounts Payable | 1,783 | 219 | -1,344 | -1,354 | 1,840 | 1,046 | -524 | -2,103 | 2,024 | 326 | -1,463 | -2,013 | 560 | 776 | -1,560 | -656 | 3,595 | 894 | -1,205 | -1,362 |
Change in Other Net Operating Assets | -41 | -154 | 3 | 369 | -131 | 49 | -296 | 322 | -6 | 225 | 101 | 181 | 40 | -232 | -591 | 15 | -11 | -410 | -418 | 976 |
Operating Cash Flow | 1,127 | 2,083 | 275 | 3,289 | 739 | 2,238 | 1,101 | 3,289 | 1,934 | 2,133 | 1,265 | 3,466 | 599 | 1,347 | -1,394 | 3,028 | 2,175 | 2,283 | 1,139 | 3,481 |
Operating Cash Flow Growth | 52.50% | -6.93% | -75.02% | - | -61.79% | 4.92% | -12.96% | -5.11% | 222.87% | 58.35% | - | 14.46% | -72.46% | -41.00% | - | -13.01% | 12.81% | -40.42% | -11.29% | 17.68% |
Capital Expenditures | -978 | -1,074 | -790 | -923 | -655 | -639 | -674 | -854 | -1,127 | -1,220 | -1,605 | -1,205 | -1,800 | -1,571 | -952 | -1,061 | -1,145 | -798 | -540 | -640 |
Sale of Property, Plant & Equipment | - | - | - | 1 | - | - | - | - | 18 | 4 | 2 | 4 | - | 2 | 2 | 4 | 8 | 3 | 12 | 15 |
Divestitures | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 356 | - |
Investment in Securities | - | - | - | 4 | - | - | - | 4 | 20 | -3 | 1 | - | 15 | -1 | 2 | -7 | 19 | -12 | 7 | 19 |
Other Investing Activities | 41 | 8 | 3 | - | 18 | 5 | 3 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Investing Cash Flow | -937 | -1,066 | -787 | -918 | -637 | -634 | -671 | -850 | -1,089 | -1,219 | -1,602 | -1,201 | -1,785 | -1,570 | -948 | -1,064 | -1,118 | -807 | -165 | -606 |
Short-Term Debt Issued | - | - | - | - | - | - | - | - | - | - | 90 | - | - | - | 945 | - | - | - | - | - |
Long-Term Debt Issued | - | - | 991 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Debt Issued | - | 993 | 991 | - | 741 | - | - | - | - | -90 | 90 | -470 | 1,550 | 600 | 945 | 1,972 | - | - | - | - |
Long-Term Debt Repaid | - | - | -1,534 | - | - | - | -32 | - | - | - | -46 | - | - | - | -48 | - | - | - | -21 | - |
Total Debt Repaid | -38 | -37 | -1,534 | -27 | -36 | -1,044 | -32 | -33 | -42 | -26 | -46 | -24 | -26 | -65 | -48 | -1,035 | -40 | -51 | -21 | -20 |
Net Debt Issued (Repaid) | -38 | 956 | -543 | -27 | 705 | -1,044 | -32 | -33 | -42 | -116 | 44 | -494 | 1,524 | 535 | 897 | 937 | -40 | -51 | -21 | -20 |
Issuance of Common Stock | - | - | - | - | - | - | - | - | - | - | - | 2 | - | 111 | 1 | 3 | - | 3 | 2 | 5 |
Repurchase of Common Stock | -153 | -10 | -310 | -502 | -355 | -158 | -91 | -3 | -3 | -3 | -118 | -1 | -4 | - | -2,931 | -2,314 | -2,192 | -1,540 | -1,310 | -4 |
Common Dividends Paid | -518 | -509 | -510 | -513 | -516 | -509 | -508 | -508 | -507 | -499 | -497 | -497 | -497 | -418 | -424 | -432 | -440 | -336 | -340 | -341 |
Financing Cash Flow | -709 | 437 | -1,363 | -1,042 | -166 | -1,711 | -631 | -544 | -552 | -618 | -571 | -990 | 1,023 | 228 | -2,457 | -1,806 | -2,672 | -1,924 | -1,669 | -360 |
Net Cash Flow | -519 | 1,454 | -1,875 | 1,329 | -64 | -107 | -201 | 1,895 | 293 | 296 | -908 | 1,275 | -163 | 5 | -4,799 | 158 | -1,615 | -448 | -695 | 2,515 |
Free Cash Flow | 149 | 1,009 | -515 | 2,366 | 84 | 1,599 | 427 | 2,435 | 807 | 913 | -340 | 2,261 | -1,201 | -224 | -2,346 | 1,967 | 1,030 | 1,485 | 599 | 2,841 |
Free Cash Flow Growth | 77.38% | -36.90% | - | -2.83% | -89.59% | 75.14% | - | 7.70% | - | - | - | 14.95% | - | - | - | -30.76% | -22.73% | -53.14% | 12.38% | 21.72% |
Free Cash Flow Margin | 0.59% | 4.00% | -2.16% | 7.65% | 0.33% | 6.28% | 1.74% | 7.63% | 3.18% | 3.69% | -1.34% | 7.20% | -4.53% | -0.86% | -9.32% | 6.35% | 4.01% | 5.90% | 2.48% | 10.03% |
Free Cash Flow Per Share | 0.33 | 2.21 | -1.13 | 5.16 | 0.18 | 3.45 | 0.92 | 5.26 | 1.74 | 1.97 | -0.73 | 4.89 | -2.60 | -0.48 | -5.01 | 4.09 | 2.10 | 2.98 | 1.19 | 5.62 |
Cash Interest Paid | - | - | - | 615 | - | - | - | 605 | - | - | - | 449 | - | - | - | 414 | - | - | - | 939 |
Cash Income Tax Paid | - | - | - | 1,055 | - | - | - | 374 | - | - | - | 213 | - | - | - | 2,063 | - | - | - | 1,031 |
Levered Free Cash Flow | 277.75 | 883.75 | -569.88 | 2,248 | -110.5 | 1,236 | 148.88 | 1,864 | 347.88 | 671.63 | -682.63 | 1,753 | -1,866 | -119.63 | -2,524 | 1,488 | 688.25 | 1,393 | 210.63 | 2,932 |
Unlevered Free Cash Flow | 349.63 | 956.25 | -497.38 | 2,304 | -44.88 | 1,305 | 215.13 | 1,931 | 414.75 | 759.75 | -590.75 | 1,834 | -1,787 | -49.63 | -2,454 | 1,553 | 753.88 | 1,458 | 278.13 | 2,998 |
Change in Working Capital | -273 | 232 | -1,649 | 1,440 | -852 | 221 | -664 | 1,064 | -29 | 483 | -479 | 1,786 | -1,197 | 307 | -3,332 | 415 | -115 | -236 | -1,509 | 1,673 |
Updated Nov 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.