Target Corporation (TGT) — Cash Flow Reinvestment Rate
Target Corporation (TGT) has a Cash Flow Reinvestment Rate of 1.70x as of October 2025, reinvesting $1.92 Billion (capex $978.00 Million plus investments $-937.00 Million) from operating cash flow of $1.13 Billion. Check Target Corporation (TGT) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Target Corporation Cash Flow Reinvestment Rate (1990–2025)
Historical reinvestment intensity for Target Corporation across 36 annual periods. Explore TGT strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Target Corporation (1990–2025)
Year-by-year capital reinvestment analysis for Target Corporation. For live market cap and broader valuation context, see how much is Target Corporation worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.78x | $5.75 Billion | $7.37 Billion | $2.89 Billion | ▼ -29.6% |
| 2024 | 1.11x | $9.57 Billion | $8.62 Billion | $4.81 Billion | ▼ -59.6% |
| 2023 | 2.75x | $11.03 Billion | $4.02 Billion | $5.53 Billion | ▲ +566.9% |
| 2022 | 0.41x | $3.55 Billion | $8.62 Billion | $3.54 Billion | ▲ +62.6% |
| 2021 | 0.25x | $2.67 Billion | $10.53 Billion | $2.65 Billion | ▼ -40.9% |
| 2020 | 0.43x | $3.05 Billion | $7.12 Billion | $3.03 Billion | ▼ -27.6% |
| 2019 | 0.59x | $3.53 Billion | $5.97 Billion | $3.52 Billion | ▲ +58.1% |
| 2018 | 0.37x | $2.59 Billion | $6.92 Billion | $2.53 Billion | ▲ +31.4% |
| 2017 | 0.28x | $1.55 Billion | $5.44 Billion | $1.55 Billion | ▲ +15.7% |
| 2016 | 0.25x | $1.44 Billion | $5.84 Billion | $1.44 Billion | ▼ -38.8% |
| 2015 | 0.40x | $1.79 Billion | $4.44 Billion | $1.79 Billion | ▼ -24.0% |
| 2014 | 0.53x | $3.45 Billion | $6.52 Billion | $3.45 Billion | ▼ -13.9% |
| 2013 | 0.62x | $3.28 Billion | $5.33 Billion | $3.28 Billion | ▼ -23.4% |
| 2012 | 0.80x | $4.37 Billion | $5.43 Billion | $4.37 Billion | ▲ +99.0% |
| 2011 | 0.40x | $2.13 Billion | $5.27 Billion | $2.13 Billion | ▲ +37.4% |
| 2010 | 0.29x | $1.73 Billion | $5.88 Billion | $1.73 Billion | ▼ -63.3% |
| 2009 | 0.80x | $3.55 Billion | $4.43 Billion | $3.55 Billion | ▼ -24.4% |
| 2008 | 1.06x | $4.37 Billion | $4.12 Billion | $4.37 Billion | ▲ +31.1% |
| 2007 | 0.81x | $3.93 Billion | $4.86 Billion | $3.93 Billion | ▲ +6.1% |
| 2006 | 0.76x | $3.39 Billion | $4.45 Billion | $3.39 Billion | ▼ -20.7% |
| 2005 | 0.96x | $3.07 Billion | $3.19 Billion | $3.07 Billion | ▲ +1.0% |
| 2004 | 0.95x | $3.00 Billion | $3.16 Billion | $3.00 Billion | ▼ -53.1% |
| 2003 | 2.03x | $3.22 Billion | $1.59 Billion | $3.22 Billion | ▲ +27.6% |
| 2002 | 1.59x | $3.16 Billion | $1.99 Billion | $3.16 Billion | ▲ +19.7% |
| 2001 | 1.33x | $2.53 Billion | $1.91 Billion | $2.53 Billion | ▲ +55.8% |
| 2000 | 0.85x | $1.92 Billion | $2.25 Billion | $1.92 Billion | ▼ -9.7% |
| 1999 | 0.94x | $1.76 Billion | $1.86 Billion | $1.76 Billion | ▲ +25.1% |
| 1998 | 0.75x | $1.35 Billion | $1.79 Billion | $1.35 Billion | ▼ -15.5% |
| 1997 | 0.89x | $1.30 Billion | $1.46 Billion | $1.30 Billion | ▼ -31.9% |
| 1996 | 1.31x | $1.52 Billion | $1.16 Billion | $1.52 Billion | ▲ +6.8% |
| 1995 | 1.23x | $1.09 Billion | $892.00 Million | $1.09 Billion | ▲ +54.4% |
| 1994 | 0.79x | $969.00 Million | $1.22 Billion | $969.00 Million | ▼ -14.8% |
| 1993 | 0.93x | $918.00 Million | $984.00 Million | $918.00 Million | ▼ -59.6% |
| 1992 | 2.31x | $1.01 Billion | $437.00 Million | $1.01 Billion | ▲ +112.8% |
| 1991 | 1.08x | $678.00 Million | $625.00 Million | $678.00 Million | ▲ +29.5% |
| 1990 | 0.84x | $619.00 Million | $739.00 Million | $619.00 Million | — |