Market capitalisation
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Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·TGT
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NYSE·TGT
Target Corporation
Share price$163.99Price as of: Nov 9, 2026
Target Corporation (TGT) is a company listed on NYSE, classified under Discount Stores.
Target runs a large store network across food, apparel, home, beauty, and other segments, with small contributions from advertising and credit cards.
Revenue · FY 2025
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Sales generated during the period, before costs and expenses.
Net margin · FY 2025
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Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
Of every $100 it takes in,23 come from Food & beverage.
Food & beverage is its largest source of revenue (23.0%), followed by Household essentials (17.2%). Here you will see what it sells, where, and how that mix is changing.
$105bnrevenue in FY 2025
10business lines with data
10business lines with data
Full fiscal year ended Jan 31, 2026
After that close
Q2 fiscal 2026, ended Aug 1, 2026: total revenue +5.3% against the same quarter a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
The data does not separate products from services.
Not all revenue behaves the same way. A one-off sale depends on someone buying again; a service is billed again and again while the customer stays.
Its business lines · FY 2025
02Where revenue comes from
Revenue is spread out.
Each rectangle is a business line and its size is the share of revenue it brings in. Select one to see the detail.
No room for a label in the mosaic
Area = share of total revenue for the year. It does not show profit: the company does not report what each line earns.
What is a segment's weight?
The part of everything the company takes in that comes from that line. If a line weighs 49%, then of every 100 in sales, 49 come from it.
How to read it
The more a line weighs, the more revenue depends on it. A high weight is neither good nor bad by itself: it shows where to look first.
03Where sales come from
There is no geographic breakdown of sales.
There is no geographic breakdown for this year.
04How the mix is changing
The mix barely changes.
Weight of each part in 2024 and in 2025. A line gains weight when it grows faster than the total.
pp = percentage points: the difference between two percentages (from 25% to 27% is 2 pp).
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
A minor line like Credit Card Profit Sharing, at just 0.5% of sales, caused 3.0% of the FY 2025 revenue drop.
That its impact on profitability was equally significant: no line breakdown by margin is known, so profit effects could be very different.
02
The core of the business rests on a few large areas: Food & beverage, Household essentials, Apparel, and Home furnishings make up the bulk of sales.
That these main lines contributed to growth or offset the decline: no annual change figure for them in FY 2025.
03
Hardlines (+0.1%), Beauty (+0.3%), and especially Advertising Revenue (+41.0%) increased, but their combined gains did not offset the overall revenue drop.
That a very high increase in small lines could reverse the group's trend: it would only make a small difference while their share remains low.
04
Net margin and free cash declined in FY 2025, with each sale producing less profit and free cash than in FY 2024.
That the line mix explains this fall: it is unknown whether lines were more or less profitable, or how much of the drop is from specific areas.
Our take
FY 2025 performance depended on major segments, but small lines made the decline steeper, and only minor areas brought some growth.
- 01Shown by the figures
While Hardlines and Beauty grew slightly and Advertising Revenue jumped, their size was not enough to offset the total fall. The main segments had no known growth.
- 02Our interpretation
Margin and cash conversion suffer, line impact unknown
Net margin and free cash generation dropped compared to the previous year, but it remains unclear which line contributed or detracted more from profitability.
What is not proven
Whether a major line fell more than the others, or if the mix shift means a change in the business model.
See the calculations behind it
- Credit Card Profit Sharing accounts for $54M of the $1.8B fall in FY 2025. Hardlines, Beauty, and Advertising Revenue rose, without making up for it.
- Credit Card Profit Sharing accounts for 3.0% of the change in revenue in FY 2025 and weighed 0.5%.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
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