Target Corporation (TGT) — Financial Flexibility Index
Target Corporation (TGT) has a Financial Flexibility Index of 0.05x as of October 2025. Free cash flow of $2.10 Billion (operating CF $1.13 Billion minus capex $978.00 Million) represents 0% of total liabilities ($44.49 Billion). Check TGT cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Target Corporation Financial Flexibility Index (1990–2025)
Historical Financial Flexibility Index trend for Target Corporation across 36 annual periods. For the full cash flow conversion analysis, see TGT cash generation efficiency.
Annual Financial Flexibility Index for Target Corporation (1990–2025)
Year-by-year free cash flow to debt coverage for Target Corporation. Explore TGT operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.24x | $10.26 Billion | $7.37 Billion | $43.10 Billion | ▼ -25.7% |
| 2024 | 0.32x | $13.43 Billion | $8.62 Billion | $41.92 Billion | ▲ +41.3% |
| 2023 | 0.23x | $9.55 Billion | $4.02 Billion | $42.10 Billion | ▼ -23.6% |
| 2022 | 0.30x | $12.17 Billion | $8.62 Billion | $40.98 Billion | ▼ -17.0% |
| 2021 | 0.36x | $13.17 Billion | $10.53 Billion | $36.81 Billion | ▲ +9.2% |
| 2020 | 0.33x | $10.14 Billion | $7.12 Billion | $30.95 Billion | ▲ +3.6% |
| 2019 | 0.32x | $9.49 Billion | $5.97 Billion | $29.99 Billion | ▼ -4.1% |
| 2018 | 0.33x | $9.46 Billion | $6.92 Billion | $28.65 Billion | ▲ +25.1% |
| 2017 | 0.26x | $6.98 Billion | $5.44 Billion | $26.48 Billion | ▼ -1.1% |
| 2016 | 0.27x | $7.28 Billion | $5.84 Billion | $27.30 Billion | ▲ +16.4% |
| 2015 | 0.23x | $6.22 Billion | $4.44 Billion | $27.18 Billion | ▼ -34.9% |
| 2014 | 0.35x | $9.97 Billion | $6.52 Billion | $28.32 Billion | ▲ +29.4% |
| 2013 | 0.27x | $8.60 Billion | $5.33 Billion | $31.61 Billion | ▼ -14.5% |
| 2012 | 0.32x | $9.80 Billion | $5.43 Billion | $30.81 Billion | ▲ +21.3% |
| 2011 | 0.26x | $7.40 Billion | $5.27 Billion | $28.22 Billion | ▲ +0.6% |
| 2010 | 0.26x | $7.61 Billion | $5.88 Billion | $29.19 Billion | ▼ -0.7% |
| 2009 | 0.26x | $7.98 Billion | $4.43 Billion | $30.39 Billion | ▼ -9.6% |
| 2008 | 0.29x | $8.49 Billion | $4.12 Billion | $29.25 Billion | ▼ -28.3% |
| 2007 | 0.40x | $8.79 Billion | $4.86 Billion | $21.72 Billion | ▲ +7.4% |
| 2006 | 0.38x | $7.84 Billion | $4.45 Billion | $20.79 Billion | ▲ +16.0% |
| 2005 | 0.33x | $6.26 Billion | $3.19 Billion | $19.26 Billion | ▲ +7.2% |
| 2004 | 0.30x | $6.16 Billion | $3.16 Billion | $20.33 Billion | ▲ +20.8% |
| 2003 | 0.25x | $4.81 Billion | $1.59 Billion | $19.16 Billion | ▼ -20.6% |
| 2002 | 0.32x | $5.16 Billion | $1.99 Billion | $16.29 Billion | ▼ -7.4% |
| 2001 | 0.34x | $4.43 Billion | $1.91 Billion | $12.97 Billion | ▼ -7.5% |
| 2000 | 0.37x | $4.17 Billion | $2.25 Billion | $11.28 Billion | ▲ +5.5% |
| 1999 | 0.35x | $3.62 Billion | $1.86 Billion | $10.33 Billion | ▲ +7.9% |
| 1998 | 0.32x | $3.15 Billion | $1.79 Billion | $9.70 Billion | ▲ +12.3% |
| 1997 | 0.29x | $2.76 Billion | $1.46 Billion | $9.55 Billion | ▼ -1.9% |
| 1996 | 0.29x | $2.68 Billion | $1.16 Billion | $9.11 Billion | ▲ +25.5% |
| 1995 | 0.23x | $1.99 Billion | $892.00 Million | $8.46 Billion | ▼ -15.3% |
| 1994 | 0.28x | $2.19 Billion | $1.22 Billion | $7.89 Billion | ▲ +12.9% |
| 1993 | 0.25x | $1.90 Billion | $984.00 Million | $7.74 Billion | ▲ +22.1% |
| 1992 | 0.20x | $1.45 Billion | $437.00 Million | $7.19 Billion | ▼ -0.4% |
| 1991 | 0.20x | $1.30 Billion | $625.00 Million | $6.45 Billion | ▼ -26.7% |
| 1990 | 0.28x | $1.36 Billion | $739.00 Million | $4.93 Billion | — |