Net Income for Target (TGT)
According to Target's latest reported financial statements, the company's current net income (TTM) is $3.71B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
TGT
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$3.71B
YoY change
-9.4%
5Y CAGR
-3.2%
Peak year (2021)
$6.95B
Cumulative net income
$79.42B
Net Income history chart for Target (TGT) from 1985 to 2025
Net Income history table for Target (TGT) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $3.71B | -9.4% | ||
| 2024 | $4.09B | -1.1% | ||
| 2023 | $4.14B | +48.8% | ||
| 2022 | $2.78B | -60.0% | ||
| 2021 | $6.95B | +59.0% | ||
| 2020 | $4.37B | +33.1% | ||
| 2019 | $3.28B | +11.7% | ||
| 2018 | $2.94B | +0.8% | ||
| 2017 | $2.91B | +6.6% | ||
| 2016 | $2.73B | -18.7% | ||
| 2015 | $3.36B | -305.6% | ||
| 2014 | -$1.64B | -183.0% | ||
| 2013 | $1.97B | -34.3% | ||
| 2012 | $3.00B | +2.4% | ||
| 2011 | $2.93B | +0.3% | ||
| 2010 | $2.92B | +17.4% | ||
| 2009 | $2.49B | +12.4% | ||
| 2008 | $2.21B | -22.3% | ||
| 2007 | $2.85B | +2.2% | ||
| 2006 | $2.79B | +15.7% | ||
| 2005 | $2.41B | -24.7% | ||
| 2004 | $3.20B | +76.8% | ||
| 2003 | $1.81B | +11.5% | ||
| 2002 | $1.62B | +18.6% | ||
| 2001 | $1.37B | +8.2% | ||
| 2000 | $1.26B | +10.5% | ||
| 1999 | $1.14B | +22.4% | ||
| 1998 | $935.00M | +24.5% | ||
| 1997 | $751.00M | +62.2% | ||
| 1996 | $463.00M | +48.9% | ||
| 1995 | $311.00M | -28.3% | ||
| 1994 | $434.00M | +15.7% | ||
| 1993 | $375.00M | -2.1% | ||
| 1992 | $383.00M | +27.2% | ||
| 1991 | $301.00M | -26.6% | ||
| 1990 | $410.00M | 0.0% | ||
| 1989 | $410.00M | +42.9% | ||
| 1988 | $287.00M | +25.7% | ||
| 1987 | $228.40M | -11.2% | ||
| 1986 | $257.10M | -9.3% | ||
| 1985 | $283.60M | — |
Net Income values are taken from Target's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Target (TGT) net income is $3.71B – declined 9.4% year-over-year.
Over 2020–2025 (5 years), Target net income expanded at a -3.2% compound annual rate, with a net decline across the window.
Target net income peaked at $6.95B in 2021; the latest annual figure is $3.71B in 2025 (46.7% below peak).
Across the available history, net income reached its high of $6.95B in 2021 and its low of -$1.64B in 2014.
Within Consumer Defensive, Target (TGT) ranks 8th among 8 peers we track. The peer median for net income is $9.79B.
Target Net Income by Year
Target Net Income 2025: $3.71B
Target net income in 2025 was $3.71B, declined 9.4% below 2024.
Target Net Income 2024: $4.09B
Target net income in 2024 was $4.09B, edged down 1.1% below 2023.
Target Net Income 2023: $4.14B
Target net income in 2023 was $4.14B, surged 48.8% from 2022.
Target Net Income 2022: $2.78B
Target net income in 2022 was $2.78B, plunged 60.0% below 2021.
Target Net Income 2021: $6.95B
Target net income in 2021 was $6.95B.
See more financial history for Target (TGT).
Sector peers — Net Income
Companies in the same sector as Target, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $21.89B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $15.97B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.11B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $11.35B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $8.24B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $8.10B | Consumer Defensive |
| Altria Group, Inc. (MO) | $6.95B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $1.91B | Consumer Defensive |
Frequently asked questions
What is Target's net income?
- Latest reported net income for Target (TGT) is $3.71B (period ending January 31, 2026).
How has Target net income changed year-over-year?
- Target (TGT) net income changed -9.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Target net income?
- Target (TGT) net income compound annual growth rate is -3.2% over the most recent 5 years available.
When did Target net income hit its highest annual value?
- Target net income reached its highest annual value of $6.95B in 2021.
What was Target net income in 2024?
- Target (TGT) net income in 2024 was $4.09B.
What was Target net income in 2025?
- Target (TGT) net income in 2025 was $3.71B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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