Target Corporation Cash Flow Quality Index
Target Corporation cash flow quality index. Target Corporation (TGT) has a Cash Flow Quality Index of 1.64x as of October 2025. Operating cash flow of $1.13 Billion exceeds net income of $689.00 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Target Corporation to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Target Corporation (1990–2025)
Cash flow quality index of Target Corporation from 1990 to 2025. Historical Cash Flow Quality Index for Target Corporation across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. See how leveraged is Target Corporation's balance sheet to measure how much of total assets are equity-financed.
Target Corporation Cash Flow Quality Index by Year (1990–2025)
Target Corporation cash flow quality index by year from 1990 to 2025. Year-by-year earnings quality comparison for Target Corporation. For the full cash flow conversion analysis, see Target Corporation operating cash flow efficiency.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.80x | $7.37 Billion | $4.09 Billion | ▼ -13.6% |
| 2024 | 2.08x | $8.62 Billion | $4.14 Billion | ▲ +44.1% |
| 2023 | 1.45x | $4.02 Billion | $2.78 Billion | ▲ +16.4% |
| 2022 | 1.24x | $8.62 Billion | $6.95 Billion | ▼ -48.5% |
| 2021 | 2.41x | $10.53 Billion | $4.37 Billion | ▲ +11.1% |
| 2020 | 2.17x | $7.12 Billion | $3.28 Billion | ▲ +6.4% |
| 2019 | 2.04x | $5.97 Billion | $2.93 Billion | ▼ -13.8% |
| 2018 | 2.36x | $6.92 Billion | $2.93 Billion | ▲ +16.1% |
| 2017 | 2.04x | $5.44 Billion | $2.67 Billion | ▲ +15.7% |
| 2016 | 1.76x | $5.84 Billion | $3.32 Billion | ▼ -2.9% |
| 2015 | 1.81x | $4.44 Billion | $2.45 Billion | ▼ -45.2% |
| 2014 | 3.31x | $6.52 Billion | $1.97 Billion | ▲ +86.3% |
| 2013 | 1.78x | $5.33 Billion | $3.00 Billion | ▼ -4.3% |
| 2012 | 1.86x | $5.43 Billion | $2.93 Billion | ▲ +2.8% |
| 2011 | 1.81x | $5.27 Billion | $2.92 Billion | ▼ -23.6% |
| 2010 | 2.36x | $5.88 Billion | $2.49 Billion | ▲ +18.1% |
| 2009 | 2.00x | $4.43 Billion | $2.21 Billion | ▲ +38.2% |
| 2008 | 1.45x | $4.12 Billion | $2.85 Billion | ▼ -17.0% |
| 2007 | 1.74x | $4.86 Billion | $2.79 Billion | ▼ -5.6% |
| 2006 | 1.85x | $4.45 Billion | $2.41 Billion | ▲ +9.1% |
| 2005 | 1.69x | $3.19 Billion | $1.89 Billion | ▼ -1.3% |
| 2004 | 1.72x | $3.16 Billion | $1.84 Billion | ▲ +78.6% |
| 2003 | 0.96x | $1.59 Billion | $1.65 Billion | ▼ -33.7% |
| 2002 | 1.45x | $1.99 Billion | $1.37 Billion | ▼ -3.8% |
| 2001 | 1.51x | $1.91 Billion | $1.26 Billion | ▼ -20.7% |
| 2000 | 1.90x | $2.25 Billion | $1.19 Billion | ▼ -1.8% |
| 1999 | 1.94x | $1.86 Billion | $962.00 Million | ▼ -13.5% |
| 1998 | 2.24x | $1.79 Billion | $802.00 Million | ▼ -27.2% |
| 1997 | 3.08x | $1.46 Billion | $474.00 Million | ▼ -17.6% |
| 1996 | 3.73x | $1.16 Billion | $311.00 Million | ▲ +81.6% |
| 1995 | 2.06x | $892.00 Million | $434.00 Million | ▼ -36.8% |
| 1994 | 3.25x | $1.22 Billion | $375.00 Million | ▲ +26.5% |
| 1993 | 2.57x | $984.00 Million | $383.00 Million | ▲ +77.0% |
| 1992 | 1.45x | $437.00 Million | $301.00 Million | ▼ -4.8% |
| 1991 | 1.52x | $625.00 Million | $410.00 Million | ▼ -15.4% |
| 1990 | 1.80x | $739.00 Million | $410.00 Million | — |