Target Corporation (TGT) — 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). Read TGT liabilities breakdown for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Target Corporation Free Cash Flow Generation Index (1990–2025)
Historical FCF Generation Index trend for Target Corporation across 36 annual periods. Explore Target Corporation (TGT) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Target Corporation (1990–2025)
Year-by-year Free Cash Flow Generation Index for Target Corporation. For the full company profile including market capitalisation, see market value of Target Corporation.
| 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 | — |