Target Corporation (TGT) — Cash Flow Reinvestment Rate

Latest as of October 2025: 1.70x

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. Explore how much does Target Corporation reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

1.70x
(Capex + Investments) / Operating CF

Total Reinvested

$1.92 Billion
Capex + Investments

Operating Cash Flow

$1.13 Billion
USD

Capital Expenditures

$978.00 Million
USD

Target Corporation Cash Flow Reinvestment Rate (1990–2025)

Historical reinvestment intensity for Target Corporation across 36 annual periods. Also explore Target Corporation total assets for the complete picture of this company's asset base.

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 TGT market cap overview.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow