Target Corporation Free Cash Flow Generation Index
Target Corporation free cash flow generation index. Target Corporation (TGT) has a Free Cash Flow Generation Index of 0.13x as of October 2025. Free cash flow of $149.00 Million represents 0% of operating cash flow ($1.13 Billion). Check financial resilience of Target Corporation to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Target Corporation (1990–2025)
Free cash flow generation index of Target Corporation from 1990 to 2025. Historical FCF Generation Index trend for Target Corporation across 36 annual periods. Explore capital reinvestment ratio of Target Corporation to see what proportion of operating cash flow is directed to capital expenditures.
Target Corporation Free Cash Flow Generation Index by Year (1990–2025)
Target Corporation free cash flow generation index by year from 1990 to 2025. Year-by-year Free Cash Flow Generation Index for Target Corporation. For the full cash flow conversion analysis, see Target Corporation operating cash flow efficiency.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.61x | $4.48 Billion | $7.37 Billion | $2.89 Billion | ▲ +37.3% |
| 2024 | 0.44x | $3.81 Billion | $8.62 Billion | $4.81 Billion | ▲ +217.8% |
| 2023 | -0.38x | $-1.51 Billion | $4.02 Billion | $5.53 Billion | ▼ -163.8% |
| 2022 | 0.59x | $5.08 Billion | $8.62 Billion | $3.54 Billion | ▼ -21.3% |
| 2021 | 0.75x | $7.88 Billion | $10.53 Billion | $2.65 Billion | ▲ +30.2% |
| 2020 | 0.57x | $4.09 Billion | $7.12 Billion | $3.03 Billion | ▲ +39.7% |
| 2019 | 0.41x | $2.46 Billion | $5.97 Billion | $3.52 Billion | ▼ -35.1% |
| 2018 | 0.63x | $4.39 Billion | $6.92 Billion | $2.53 Billion | ▼ -11.4% |
| 2017 | 0.72x | $3.89 Billion | $5.44 Billion | $1.55 Billion | ▼ -5.1% |
| 2016 | 0.75x | $4.41 Billion | $5.84 Billion | $1.44 Billion | ▲ +26.1% |
| 2015 | 0.60x | $2.65 Billion | $4.44 Billion | $1.79 Billion | ▲ +27.1% |
| 2014 | 0.47x | $3.07 Billion | $6.52 Billion | $3.45 Billion | ▲ +22.3% |
| 2013 | 0.38x | $2.05 Billion | $5.33 Billion | $3.28 Billion | ▲ +96.1% |
| 2012 | 0.20x | $1.07 Billion | $5.43 Billion | $4.37 Billion | ▼ -67.1% |
| 2011 | 0.60x | $3.14 Billion | $5.27 Billion | $2.13 Billion | ▼ -15.6% |
| 2010 | 0.71x | $4.15 Billion | $5.88 Billion | $1.73 Billion | ▲ +254.2% |
| 2009 | 0.20x | $883.00 Million | $4.43 Billion | $3.55 Billion | ▲ +437.0% |
| 2008 | -0.06x | $-244.00 Million | $4.12 Billion | $4.37 Billion | ▼ -130.8% |
| 2007 | 0.19x | $934.00 Million | $4.86 Billion | $3.93 Billion | ▼ -19.6% |
| 2006 | 0.24x | $1.06 Billion | $4.45 Billion | $3.39 Billion | ▲ +500.8% |
| 2005 | 0.04x | $127.00 Million | $3.19 Billion | $3.07 Billion | ▼ -19.5% |
| 2004 | 0.05x | $156.00 Million | $3.16 Billion | $3.00 Billion | ▲ +104.8% |
| 2003 | -1.03x | $-1.63 Billion | $1.59 Billion | $3.22 Billion | ▼ -74.5% |
| 2002 | -0.59x | $-1.17 Billion | $1.99 Billion | $3.16 Billion | ▼ -79.8% |
| 2001 | -0.33x | $-623.00 Million | $1.91 Billion | $2.53 Billion | ▼ -320.5% |
| 2000 | 0.15x | $334.00 Million | $2.25 Billion | $1.92 Billion | ▲ +163.0% |
| 1999 | 0.06x | $105.00 Million | $1.86 Billion | $1.76 Billion | ▼ -77.0% |
| 1998 | 0.25x | $441.00 Million | $1.79 Billion | $1.35 Billion | ▲ +128.2% |
| 1997 | 0.11x | $157.00 Million | $1.46 Billion | $1.30 Billion | ▲ +134.6% |
| 1996 | -0.31x | $-361.00 Million | $1.16 Billion | $1.52 Billion | ▼ -36.6% |
| 1995 | -0.23x | $-203.00 Million | $892.00 Million | $1.09 Billion | ▼ -211.0% |
| 1994 | 0.21x | $250.00 Million | $1.22 Billion | $969.00 Million | ▲ +205.8% |
| 1993 | 0.07x | $66.00 Million | $984.00 Million | $918.00 Million | ▲ +105.1% |
| 1992 | -1.31x | $-572.00 Million | $437.00 Million | $1.01 Billion | ▼ -1443.5% |
| 1991 | -0.08x | $-53.00 Million | $625.00 Million | $678.00 Million | ▼ -152.2% |
| 1990 | 0.16x | $120.00 Million | $739.00 Million | $619.00 Million | — |