Target Corp
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $75.36B | $71.79B | $73.79B | $73.78B | $72.62B | $70.96B | $73.30B | $69.87B |
| Sales | $74.43B | $71.12B | — | $72.62B | $71.28B | $69.87B | $71.96B | $68.47B |
| Other Revenue | $923.0M | $662.0M | — | $1.16B | $1.34B | $1.10B | $1.34B | $1.40B |
| Cost of Revenue | $51.13B | $49.15B | $52.24B | $51.28B | $50.04B | $50.57B | $47.86B | $45.73B |
| Gross Profit | $20.75B | $20.35B | $21.54B | $21.34B | $21.24B | $20.39B | $25.44B | $24.14B |
| Gross Margin | 27.5% | 28.3% | 29.2% | 28.9% | 29.2% | 28.7% | 34.7% | 34.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $15.14B | $14.22B | $14.67B | $14.68B | $14.47B | $14.64B | $14.11B | $13.47B |
| Operating Income | $4.22B | $4.86B | $5.53B | $4.54B | $5.17B | $5.21B | $5.25B | $5.17B |
| Operating Margin | 5.6% | 6.8% | 7.5% | 6.1% | 7.1% | 7.3% | 7.2% | 7.4% |
| Interest Expense | $653.0M | $991.0M | $607.0M | $882.0M | $1.05B | $684.0M | $866.0M | $757.0M |
| Pretax Income | $3.63B | $3.96B | $4.92B | $3.65B | $4.12B | $5.06B | $4.46B | $4.50B |
| Income Tax Expense | $722.0M | $1.30B | $1.60B | $1.20B | $1.43B | $1.74B | $1.53B | $1.58B |
| Net Income | $2.91B | $2.73B | $3.36B | $-1.64B | $1.97B | $3.00B | $2.93B | $2.92B |
| Net Margin | 3.9% | 3.8% | 4.6% | -2.2% | 2.7% | 4.2% | 4.0% | 4.2% |
| EPS (Basic) | $5.32 | $4.73 | $5.35 | $-2.58 | $3.10 | $4.57 | $4.31 | $4.03 |
| EPS (Diluted) | $5.29 | $4.69 | $5.31 | $-2.56 | $3.07 | $4.52 | $4.28 | $4.00 |
| Shares Outstanding (Basic) | 546.8M | 577.6M | 627.7M | 634.7M | 635.1M | 656.7M | 679.1M | 723.6M |
| Shares Outstanding (Diluted) | 550.3M | 582.5M | 632.9M | 640.1M | 641.8M | 663.3M | 683.9M | 729.4M |
| Dividends Per Share | $2.46 | $2.36 | $2.20 | $1.99 | $1.65 | $1.38 | $1.15 | $0.92 |