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Operating Income for Target (TGT)

Latest filings through · Reported

Metric

TTM

$4.78B

YoY change

-8.1%

5Y CAGR

-4.8%

Peak year (2021)

$8.95B

Operating Income history chart for Target (TGT) from 1985 to 2025

Latest: $5.12B

Operating Income growth chart for Target (TGT) from 1985 to 2025

Latest: -8.1%

Operating Income history table for Target (TGT) from 1985 to 2025

  • 2025$5.12B-8.1%
  • 2024$5.57B-2.5%
  • 2023$5.71B+48.3%
  • 2022$3.85B-57.0%
  • 2021$8.95B+36.8%
  • 2020$6.54B+40.4%
  • 2019$4.66B+13.3%
  • 2018$4.11B-2.7%
  • 2017$4.22B-13.2%
  • 2016$4.86B-0.9%
  • 2015$4.91B+8.3%
  • 2014$4.54B-5.1%
  • 2013$4.78B-14.3%
  • 2012$5.58B+4.8%
  • 2011$5.32B+1.3%
  • 2010$5.25B+12.4%
  • 2009$4.67B+6.2%
  • 2008$4.40B-16.5%
  • 2007$5.27B+4.0%
  • 2006$5.07B+17.3%
  • 2005$4.32B+20.0%
  • 2004$3.60B+14.0%
  • 2003$3.16B+12.4%
  • 2002$2.81B+4.9%
  • 2001$2.68B+8.2%
  • 2000$2.48B+6.4%
  • 1999$2.33B+19.2%
  • 1998$1.95B+12.2%
  • 1997$1.74B+28.2%
  • 1996$1.36B+44.1%
  • 1995$943.00M-17.3%
  • 1994$1.14B+8.3%
  • 1993$1.05B+0.5%
  • 1992$1.05B+20.5%
  • 1991$870.00M-11.6%
  • 1990$984.00M+4.1%
  • 1989$945.00M+37.0%
  • 1988$690.00M+25.1%
  • 1987$551.60M-9.8%
  • 1986$611.70M-3.3%
  • 1985$632.40M—

Operating Income values are taken from Target's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Income at Target (TGT)

According to Target's latest reported financial statements, the company's current operating income (TTM) is $4.78B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Target (TGT) operating income is $5.12B – declined 8.1% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Target operating income compounded at -4.8% per year, with a net decline across the window.

Target operating income plunged from $8.95B in 2021 to $5.12B in 2025, a 42.8% drawdown.

$8.95B stands as the all-time-high annual operating income, posted in 2021, against a low of $551.60M during 1987.

Target Operating Income by Year

Target Operating Income 2025: $5.12B

2025's operating income for Target came in at $5.12B, declined 8.1% below 2024.

Target Operating Income 2024: $5.57B

Target posted operating income of $5.57B in 2024, edged down 2.5% below 2023.

Target Operating Income 2023: $5.71B

In 2023, Target reported operating income of $5.71B, surged 48.3% from 2022.

Target Operating Income 2022: $3.85B

Target operating income in 2022 was $3.85B, plunged 57.0% below 2021.

Target Operating Income 2021: $8.95B

Target operating income in 2021 was $8.95B.

See more financial history for Target (TGT).

Sector peers by Operating Income

Consumer Defensive peers of Target (TGT), ranked by their latest operating income

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