Target Corporation Financial Flexibility Index
Target Corporation 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). Explore Target Corporation (TGT) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Target Corporation (1990–2025)
Financial flexibility index of Target Corporation from 1990 to 2025. Historical Financial Flexibility Index trend for Target Corporation across 36 annual periods. Check Target Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Target Corporation Financial Flexibility Index by Year (1990–2025)
Target Corporation financial flexibility index by year from 1990 to 2025. Year-by-year free cash flow to debt coverage for Target Corporation. For the full cash flow conversion analysis, see TGT cash flow metrics.
| 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 | — |