Target Corporation (TGT) — 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 Target Corporation strategic investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Target Corporation Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for Target Corporation across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check TGT tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Target Corporation (1990–2025)
Year-by-year earnings quality comparison for Target Corporation. For live market cap and the full company financial profile, see market cap of Target Corporation.
| 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 | — |