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). See working capital position of Target Corporation to evaluate short-term liquidity relative to the company's equity base.
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 cash flow to debt ratio of Target Corporation to assess how comfortably operating cash covers total debt obligations.
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 TGT company net worth.
| 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 | — |