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 cash efficiency ratio of Target Corporation to assess how effectively this company generates cash.
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 total reinvestment intensity of Target Corporation to assess the company's total reinvestment commitment from operating cash flow.
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 TGT market cap overview.
| 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 | — |