Target Corporation (TGT) — Capital Reinvestment Ratio
Target Corporation (TGT) has a Capital Reinvestment Ratio of 0.87x as of October 2025, meaning it reinvests 1% of its operating cash flow ($1.13 Billion) in capital expenditures ($978.00 Million). See debt-free asset ratio of Target Corporation to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Target Corporation Capital Reinvestment Ratio (1990–2025)
This chart tracks Target Corporation's Capital Reinvestment Ratio across 36 annual periods. Check Target Corporation cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Target Corporation (1990–2025)
Year-by-year Capital Reinvestment Ratio for Target Corporation from 1990 to 2025. For live market cap and broader valuation context, see TGT market cap.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.39x | $7.37 Billion | $2.89 Billion | ▼ -29.6% |
| 2024 | 0.56x | $8.62 Billion | $4.81 Billion | ▼ -59.5% |
| 2023 | 1.38x | $4.02 Billion | $5.53 Billion | ▲ +234.8% |
| 2022 | 0.41x | $8.62 Billion | $3.54 Billion | ▲ +63.3% |
| 2021 | 0.25x | $10.53 Billion | $2.65 Billion | ▼ -40.8% |
| 2020 | 0.43x | $7.12 Billion | $3.03 Billion | ▼ -27.7% |
| 2019 | 0.59x | $5.97 Billion | $3.52 Billion | ▲ +60.9% |
| 2018 | 0.37x | $6.92 Billion | $2.53 Billion | ▲ +28.6% |
| 2017 | 0.28x | $5.44 Billion | $1.55 Billion | ▲ +15.7% |
| 2016 | 0.25x | $5.84 Billion | $1.44 Billion | ▼ -38.8% |
| 2015 | 0.40x | $4.44 Billion | $1.79 Billion | ▼ -24.0% |
| 2014 | 0.53x | $6.52 Billion | $3.45 Billion | ▼ -13.9% |
| 2013 | 0.62x | $5.33 Billion | $3.28 Billion | ▼ -23.4% |
| 2012 | 0.80x | $5.43 Billion | $4.37 Billion | ▲ +99.0% |
| 2011 | 0.40x | $5.27 Billion | $2.13 Billion | ▲ +37.4% |
| 2010 | 0.29x | $5.88 Billion | $1.73 Billion | ▼ -63.3% |
| 2009 | 0.80x | $4.43 Billion | $3.55 Billion | ▼ -24.4% |
| 2008 | 1.06x | $4.12 Billion | $4.37 Billion | ▲ +31.1% |
| 2007 | 0.81x | $4.86 Billion | $3.93 Billion | ▲ +6.1% |
| 2006 | 0.76x | $4.45 Billion | $3.39 Billion | ▼ -20.7% |
| 2005 | 0.96x | $3.19 Billion | $3.07 Billion | ▲ +1.0% |
| 2004 | 0.95x | $3.16 Billion | $3.00 Billion | ▼ -53.1% |
| 2003 | 2.03x | $1.59 Billion | $3.22 Billion | ▲ +27.6% |
| 2002 | 1.59x | $1.99 Billion | $3.16 Billion | ▲ +19.7% |
| 2001 | 1.33x | $1.91 Billion | $2.53 Billion | ▲ +55.8% |
| 2000 | 0.85x | $2.25 Billion | $1.92 Billion | ▼ -9.7% |
| 1999 | 0.94x | $1.86 Billion | $1.76 Billion | ▲ +25.1% |
| 1998 | 0.75x | $1.79 Billion | $1.35 Billion | ▼ -15.5% |
| 1997 | 0.89x | $1.46 Billion | $1.30 Billion | ▼ -31.9% |
| 1996 | 1.31x | $1.16 Billion | $1.52 Billion | ▲ +6.8% |
| 1995 | 1.23x | $892.00 Million | $1.09 Billion | ▲ +54.4% |
| 1994 | 0.79x | $1.22 Billion | $969.00 Million | ▼ -14.8% |
| 1993 | 0.93x | $984.00 Million | $918.00 Million | ▼ -59.6% |
| 1992 | 2.31x | $437.00 Million | $1.01 Billion | ▲ +112.8% |
| 1991 | 1.08x | $625.00 Million | $678.00 Million | ▲ +29.5% |
| 1990 | 0.84x | $739.00 Million | $619.00 Million | — |