Target Corporation
Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, young adults, kids, toddlers, and babies, as well as jewelry, accessories, and shoes; and beauty products, such as skin and bath care, cosmetics, hair care, oral care, deodorant, and shaving products. It also provides food and beverage products comprising dry and perishab… Read more
Target Corporation (TGT) - Net Assets
Latest net assets as of October 2025: $15.50 Billion USD
Based on the latest financial reports, Target Corporation (TGT) has net assets worth $15.50 Billion USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($59.99 Billion) and total liabilities ($44.49 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $15.50 Billion |
| % of Total Assets | 25.84% |
| Annual Growth Rate | 5.31% |
| 5-Year Change | 1.57% |
| 10-Year Change | 13.19% |
| Growth Volatility | 10.81 |
Target Corporation - Net Assets Trend (1986–2025)
This chart illustrates how Target Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Target Corporation (1986–2025)
The table below shows the annual net assets of Target Corporation from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $14.67 Billion | +9.19% |
| 2024-01-31 | $13.43 Billion | +19.59% |
| 2023-01-31 | $11.23 Billion | -12.43% |
| 2022-01-31 | $12.83 Billion | -11.17% |
| 2021-01-31 | $14.44 Billion | +22.03% |
| 2020-01-31 | $11.83 Billion | +4.74% |
| 2019-01-31 | $11.30 Billion | -3.04% |
| 2018-01-31 | $11.65 Billion | +6.37% |
| 2017-01-31 | $10.95 Billion | -15.47% |
| 2016-01-31 | $12.96 Billion | -7.43% |
| 2015-01-31 | $14.00 Billion | -13.76% |
| 2014-01-31 | $16.23 Billion | -1.97% |
| 2013-01-31 | $16.56 Billion | +4.66% |
| 2012-01-31 | $15.82 Billion | +2.16% |
| 2011-01-31 | $15.49 Billion | +0.91% |
| 2010-01-31 | $15.35 Billion | +11.92% |
| 2009-01-31 | $13.71 Billion | -10.42% |
| 2008-01-31 | $15.31 Billion | -2.09% |
| 2007-01-31 | $15.63 Billion | +10.05% |
| 2006-01-31 | $14.21 Billion | +9.03% |
| 2005-01-31 | $13.03 Billion | +17.75% |
| 2004-01-31 | $11.06 Billion | +17.18% |
| 2003-01-31 | $9.44 Billion | +20.14% |
| 2002-01-31 | $7.86 Billion | +20.57% |
| 2001-01-31 | $6.52 Billion | +11.21% |
| 2000-01-31 | $5.86 Billion | +9.88% |
| 1999-01-31 | $5.33 Billion | +18.82% |
| 1998-01-31 | $4.49 Billion | +16.93% |
| 1997-01-31 | $3.84 Billion | +10.82% |
| 1996-01-31 | $3.46 Billion | +7.04% |
| 1995-01-31 | $3.24 Billion | +12.08% |
| 1994-01-31 | $2.89 Billion | +11.38% |
| 1993-01-31 | $2.59 Billion | +12.89% |
| 1992-01-31 | $2.30 Billion | +10.81% |
| 1991-01-31 | $2.07 Billion | +18.19% |
| 1990-01-31 | $1.75 Billion | -5.75% |
| 1989-01-31 | $1.86 Billion | -6.29% |
| 1988-01-31 | $1.99 Billion | -8.88% |
| 1987-01-31 | $2.18 Billion | +11.92% |
| 1986-01-31 | $1.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Target Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 340.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.09 Billion | 55.16% |
| Common Stock | $38.00 Million | 0.26% |
| Other Comprehensive Income | $-458.00 Million | -3.12% |
| Other Components | $7.00 Billion | 47.70% |
| Total Equity | $14.67 Billion | 100.00% |
Target Corporation Competitors by Market Cap
The table below lists competitors of Target Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fortinet Inc
NASDAQ:FTNT
|
$52.86 Billion |
|
Loblaw Companies Limited
PINK:LBLCF
|
$52.95 Billion |
|
Corteva Inc
NYSE:CTVA
|
$53.03 Billion |
|
Industria de Diseño Textil S.A
PINK:IDEXF
|
$53.11 Billion |
|
Arthur J Gallagher & Co
NYSE:AJG
|
$52.50 Billion |
|
The Progressive Corporation
SA:P1GR34
|
$52.48 Billion |
|
Nu Holdings Ltd
NYSE:NU
|
$52.38 Billion |
|
Airbnb Inc
NASDAQ:ABNB
|
$52.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Target Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,432,000,000 to 14,666,000,000, a change of 1,234,000,000 (9.2%).
- Net income of 4,091,000,000 contributed positively to equity growth.
- Dividend payments of 2,046,000,000 reduced retained earnings.
- Share repurchases of 1,007,000,000 reduced equity.
- Other comprehensive income increased equity by 2,000,000.
- Other factors increased equity by 194,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.09 Billion | +27.89% |
| Dividends Paid | $2.05 Billion | -13.95% |
| Share Repurchases | $1.01 Billion | -6.87% |
| Other Comprehensive Income | $2.00 Million | +0.01% |
| Other Changes | $194.00 Million | +1.32% |
| Total Change | $- | 9.19% |
Book Value vs Market Value Analysis
This analysis compares Target Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.69x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 68.18x to 3.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-01-31 | $1.72 | $117.05 | x |
| 1987-01-31 | $1.95 | $117.05 | x |
| 1988-01-31 | $1.74 | $117.05 | x |
| 1989-01-31 | $1.88 | $117.05 | x |
| 1990-01-31 | $1.93 | $117.05 | x |
| 1991-01-31 | $2.17 | $117.05 | x |
| 1992-01-31 | $2.37 | $117.05 | x |
| 1993-01-31 | $2.71 | $117.05 | x |
| 1994-01-31 | $3.08 | $117.05 | x |
| 1995-01-31 | $3.43 | $117.05 | x |
| 1996-01-31 | $3.68 | $117.05 | x |
| 1997-01-31 | $3.98 | $117.05 | x |
| 1998-01-31 | $4.84 | $117.05 | x |
| 1999-01-31 | $5.71 | $117.05 | x |
| 2000-01-31 | $6.30 | $117.05 | x |
| 2001-01-31 | $7.14 | $117.05 | x |
| 2002-01-31 | $6.95 | $117.05 | x |
| 2003-01-31 | $10.33 | $117.05 | x |
| 2004-01-31 | $10.77 | $117.05 | x |
| 2005-01-31 | $14.28 | $117.05 | x |
| 2006-01-31 | $15.98 | $117.05 | x |
| 2007-01-31 | $18.00 | $117.05 | x |
| 2008-01-31 | $17.99 | $117.05 | x |
| 2009-01-31 | $17.72 | $117.05 | x |
| 2010-01-31 | $20.33 | $117.05 | x |
| 2011-01-31 | $21.23 | $117.05 | x |
| 2012-01-31 | $23.13 | $117.05 | x |
| 2013-01-31 | $24.96 | $117.05 | x |
| 2014-01-31 | $25.29 | $117.05 | x |
| 2015-01-31 | $21.87 | $117.05 | x |
| 2016-01-31 | $20.47 | $117.05 | x |
| 2017-01-31 | $18.80 | $117.05 | x |
| 2018-01-31 | $21.15 | $117.05 | x |
| 2019-01-31 | $21.19 | $117.05 | x |
| 2020-01-31 | $22.95 | $117.05 | x |
| 2021-01-31 | $28.57 | $117.05 | x |
| 2022-01-31 | $26.03 | $117.05 | x |
| 2023-01-31 | $24.17 | $117.05 | x |
| 2024-01-31 | $29.02 | $117.05 | x |
| 2025-01-31 | $31.76 | $117.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Target Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 27.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.84%
- • Asset Turnover: 1.84x
- • Equity Multiplier: 3.94x
- Recent ROE (27.89%) is above the historical average (18.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 14.56% | 3.23% | 1.99x | 2.27x | $88.86 Million |
| 1987 | 11.80% | 2.78% | 1.75x | 2.42x | $39.15 Million |
| 1988 | 11.50% | 2.14% | 1.76x | 3.06x | $29.80 Million |
| 1989 | 15.42% | 2.35% | 1.87x | 3.51x | $100.90 Million |
| 1990 | 23.38% | 3.00% | 2.04x | 3.81x | $234.60 Million |
| 1991 | 19.78% | 2.78% | 1.73x | 4.11x | $202.70 Million |
| 1992 | 13.10% | 1.87% | 1.70x | 4.13x | $71.30 Million |
| 1993 | 14.77% | 2.14% | 1.73x | 3.99x | $123.70 Million |
| 1994 | 12.98% | 1.95% | 1.78x | 3.73x | $86.20 Million |
| 1995 | 13.41% | 2.04% | 1.82x | 3.61x | $110.30 Million |
| 1996 | 8.98% | 1.32% | 1.87x | 3.63x | $-35.50 Million |
| 1997 | 12.06% | 1.82% | 1.89x | 3.49x | $79.00 Million |
| 1998 | 16.73% | 2.71% | 1.96x | 3.16x | $302.00 Million |
| 1999 | 17.53% | 3.05% | 1.96x | 2.94x | $401.50 Million |
| 2000 | 19.52% | 3.39% | 1.97x | 2.92x | $557.80 Million |
| 2001 | 19.39% | 3.43% | 1.89x | 2.99x | $612.10 Million |
| 2002 | 17.40% | 3.43% | 1.65x | 3.07x | $582.00 Million |
| 2003 | 17.19% | 4.34% | 1.31x | 3.03x | $678.70 Million |
| 2004 | 16.35% | 4.30% | 1.34x | 2.84x | $702.50 Million |
| 2005 | 24.55% | 6.83% | 1.45x | 2.48x | $1.90 Billion |
| 2006 | 16.95% | 4.58% | 1.50x | 2.46x | $987.50 Million |
| 2007 | 17.83% | 4.68% | 1.59x | 2.39x | $1.22 Billion |
| 2008 | 18.61% | 4.50% | 1.42x | 2.91x | $1.32 Billion |
| 2009 | 16.15% | 3.41% | 1.47x | 3.22x | $842.80 Million |
| 2010 | 16.21% | 3.81% | 1.47x | 2.90x | $953.30 Million |
| 2011 | 18.85% | 4.33% | 1.54x | 2.82x | $1.37 Billion |
| 2012 | 18.51% | 4.19% | 1.50x | 2.95x | $1.35 Billion |
| 2013 | 18.11% | 4.09% | 1.52x | 2.91x | $1.34 Billion |
| 2014 | 12.14% | 2.77% | 1.60x | 2.74x | $347.90 Million |
| 2015 | -11.69% | -2.25% | 1.76x | 2.94x | $-3.04 Billion |
| 2016 | 25.96% | 4.56% | 1.83x | 3.11x | $2.07 Billion |
| 2017 | 24.96% | 3.89% | 1.88x | 3.42x | $1.64 Billion |
| 2018 | 25.01% | 4.01% | 1.80x | 3.46x | $1.75 Billion |
| 2019 | 26.00% | 3.90% | 1.83x | 3.65x | $1.81 Billion |
| 2020 | 27.73% | 4.20% | 1.83x | 3.62x | $2.10 Billion |
| 2021 | 30.25% | 4.67% | 1.83x | 3.55x | $2.92 Billion |
| 2022 | 54.15% | 6.55% | 1.97x | 4.20x | $5.66 Billion |
| 2023 | 24.75% | 2.55% | 2.05x | 4.75x | $1.66 Billion |
| 2024 | 30.81% | 3.85% | 1.94x | 4.12x | $2.79 Billion |
| 2025 | 27.89% | 3.84% | 1.84x | 3.94x | $2.62 Billion |
Industry Comparison
This section compares Target Corporation's net assets metrics with peer companies in the Discount Stores industry.
Industry Context
- Industry: Discount Stores
- Average net assets among peers: $1,684,648,642
- Average return on equity (ROE) among peers: 47.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Target Corporation (TGT) | $15.50 Billion | 14.56% | 2.87x | $52.60 Billion |
| Big Lots, Inc. (BIGGQ) | $1.30 Billion | 7.39% | 0.47x | $11.88K |
| BJs Wholesale Club Holdings Inc (BJ) | $-202.08 Million | 0.00% | 0.00x | $12.77 Billion |
| B&M European Value Retail S.A (BMRPF) | $733.00 Million | 58.39% | 3.58x | $2.35 Billion |
| Costco Wholesale Corp (COST) | $12.57 Billion | 11.63% | 1.13x | $434.25 Billion |
| Dollar General Corporation (DG) | $108.80 Million | 3.95% | 1.14x | $27.35 Billion |
| Distribuidora Internacional de Alimentación S.A (DIDAF) | $313.23 Million | 95.53% | 9.99x | $2.58 Million |
| Dollarama Inc (DLMAF) | $380.85 Million | 265.32% | 12.82x | $29.23 Billion |
| Dollar Tree Inc (DLTR) | $988.40 Million | 20.37% | 0.81x | $21.29 Billion |
| Labwire Inc (LBWR) | $-25.57K | 0.00% | 0.00x | $4.42K |
| Ollie's Bargain Outlet Hldg (OLLI) | $651.26 Million | 9.18% | 0.60x | $6.51 Billion |