Target Corporation (TGT) - Net Assets

Latest 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. Check Target Corporation liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore TGT total asset value for the complete picture of this company's asset base.

Annual Net Assets for Target Corporation (1986–2025)

The table below shows the annual net assets of Target Corporation from 1986 to 2025. For live valuation and market cap data, see Target Corporation market capitalisation.

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
Vistra Energy Corp NYSE:VST	$52.61 Billion
Public Storage NYSE:PSA	$52.71 Billion
Ametek Inc NYSE:AME	$53.06 Billion
Bank of Communications Co SHG:601328	$53.09 Billion
Takeda Pharmaceutical Co Ltd ADR NYSE:TAK	$52.60 Billion
Diamondback Energy Inc NASDAQ:FANG	$52.60 Billion
Arthur J Gallagher & Co NYSE:AJG	$52.50 Billion
VOLVO B (FRIA) UNSP.ADR F:VOL4	$52.48 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: 4.06x
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 75.08x to 4.06x 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	$128.89	x
1987-01-31	$1.95	$128.89	x
1988-01-31	$1.74	$128.89	x
1989-01-31	$1.88	$128.89	x
1990-01-31	$1.93	$128.89	x
1991-01-31	$2.17	$128.89	x
1992-01-31	$2.37	$128.89	x
1993-01-31	$2.71	$128.89	x
1994-01-31	$3.08	$128.89	x
1995-01-31	$3.43	$128.89	x
1996-01-31	$3.68	$128.89	x
1997-01-31	$3.98	$128.89	x
1998-01-31	$4.84	$128.89	x
1999-01-31	$5.71	$128.89	x
2000-01-31	$6.30	$128.89	x
2001-01-31	$7.14	$128.89	x
2002-01-31	$6.95	$128.89	x
2003-01-31	$10.33	$128.89	x
2004-01-31	$10.77	$128.89	x
2005-01-31	$14.28	$128.89	x
2006-01-31	$15.98	$128.89	x
2007-01-31	$18.00	$128.89	x
2008-01-31	$17.99	$128.89	x
2009-01-31	$17.72	$128.89	x
2010-01-31	$20.33	$128.89	x
2011-01-31	$21.23	$128.89	x
2012-01-31	$23.13	$128.89	x
2013-01-31	$24.96	$128.89	x
2014-01-31	$25.29	$128.89	x
2015-01-31	$21.87	$128.89	x
2016-01-31	$20.47	$128.89	x
2017-01-31	$18.80	$128.89	x
2018-01-31	$21.15	$128.89	x
2019-01-31	$21.19	$128.89	x
2020-01-31	$22.95	$128.89	x
2021-01-31	$28.57	$128.89	x
2022-01-31	$26.03	$128.89	x
2023-01-31	$24.17	$128.89	x
2024-01-31	$29.02	$128.89	x
2025-01-31	$31.76	$128.89	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: $14,085,126,667
Average return on equity (ROE) among peers: 27.01%

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
BJs Wholesale Club Holdings Inc (BJ)	$319.33 Million	131.85%	15.95x	$12.24 Billion
Costco Wholesale Corp (COST)	$763.00 Million	17.58%	1.40x	$434.25 Billion
Dollar General Corporation (DG)	$4.05 Billion	15.49%	1.35x	$25.19 Billion
Dollar Tree Inc (DLTR)	$5.39 Billion	16.63%	1.91x	$18.83 Billion
Ollie's Bargain Outlet Hldg (OLLI)	$1.70 Billion	11.78%	0.51x	$5.25 Billion
PriceSmart Inc (PSMT)	$1.25 Billion	11.62%	0.82x	$4.59 Billion
BBB Foods Inc. (TBBB)	$-4.63 Billion	0.00%	0.00x	$2.27 Billion
Walmart Inc. Common Stock (WMT)	$82.83 Billion	19.34%	1.47x	$1.01 Trillion
Walmart Inc. Common Stock (WMT)	$35.10 Billion	18.78%	1.38x	$898.72 Billion

About Target Corporation

NYSE:TGT USA Discount Stores

Market Cap

$58.36 Billion

Market Cap Rank

#498 Global

#245 in USA

Share Price

$128.89

Change (1 day)

-0.66%

52-Week Range

$83.68 - $132.10

All Time High

$245.41