Income Statement - FactSet Fundamentals

Report as of: 18-Nov-2009

Target Corp.
TGT 87612E106 2259101 NYSE Common stock
Discount Stores
Report Basis:Annual
Reporting Period Length:
Update Status:
Net Sales
Sales Growth
Cost of Goods Sold*
Cost of Goods Sold Growth*
Gross Income
Gross Income Growth
Gross Income Margin
Selling, General & Admin Expenses
Selling, General & Admin Expenses Growth
Research & Development Expense
Other Operating Expenses
Non Operating Income (Expense)
EBITDA
EBITDA Growth
EBITDA Margin
Depreciation & Amortization*
Depreciation & Amortization Growth*
EBIT
EBIT Growth
EBIT Margin
Interest Expense
Interest Expense Growth
Pretax Income
Pretax Income Growth
Pretax Income Margin
Income Taxes
Income Taxes Growth
Net Income Before Extraordinaries
Net Income Growth
Net Income Margin
EPS Diluted Before Extraordinaries
EPS Growth
Operating Income per Share
Operating Income per Share Growth
Net Income Adjusted**
EPS Adjusted**
Dividends per Share
Payout Ratio
Total Shares Outstanding
Diluted Shares Outstanding

01/2009
364
Final
64,948.0
+ 2.5
47,592.0
+ 9.3
17,356.0
- 12.4
26.7
14,679.0
+ 0.9
0.0
(1,725.0)
28.0
6,327.0
- 9.0
9.7
1,826.0
+ 10.1
4,501.0
- 15.0
6.9
965.0
+ 44.2
3,536.0
- 23.5
5.4
1,322.0
- 25.6
2,214.0
- 22.3
3.4
2.86
- 14.1
5.69
- 8.2

01/2008
364
Final
63,367.0
+ 6.5
43,554.0
+ 6.5
19,813.0
+ 6.6
31.3
14,541.0
+ 7.5
0.0
0.0
22.0
6,953.0
+ 5.5
11.0
1,659.0
+ 10.9
5,294.0
+ 3.9
8.4
669.0
+ 12.1
4,625.0
+ 2.8
7.3
1,776.0
+ 3.9
2,849.0
+ 2.2
4.5
3.33
+ 3.7
6.20
+ 6.2

2,143.0
2.77
0.62
21.0
752.7
773.6

2,849.0
3.35
0.54
15.5
818.7
850.8

01/2009 to 01/2001
Millions
U.S. Dollar
01/2007
01/2006
371
364
Final
Final
59,490.0
52,620.0
+ 13.1
+ 12.3
40,895.0
36,336.0
+ 12.5
+ 11.1
18,595.0
16,284.0
+ 14.2
+ 15.2
31.3
30.9
13,526.0
11,988.0
+ 12.8
+ 13.8
0.0
0.0
0.0
0.0
25.0
27.0
6,590.0
5,759.0
+ 14.4
+ 18.5
11.1
10.9
1,496.0
1,409.0
+ 6.2
+ 11.9
5,094.0
4,350.0
+ 17.1
+ 20.8
8.6
8.3
597.0
490.0
+ 21.8
- 14.0
4,497.0
3,860.0
+ 16.5
+ 27.4
7.6
7.3
1,710.0
1,452.0
+ 17.8
+ 26.7
2,787.0
2,408.0
+ 15.7
+ 27.7
4.7
4.6
3.21
2.71
+ 18.5
+ 26.0
5.84
4.83
+ 20.8
+ 22.4
2,787.0
3.21
0.46
13.6
859.8
868.6

2,381.0
2.68
0.38
13.2
874.1
889.2

*Depreciation & Amortization Amount Included in Cost of Goods Sold

** Net Income before Extraordinary Items adjusted for Nonrecurring Pretax Expense (Income)

Gross Margin
sga Margin
Net Margin
ROE
ROA
Asset T/O
Quick 1
Quick 2
Current Ratio
Inventory T/O
Receivables T/O

0.267229168
0.226011578
0.03408881

0.312670633
0.229472754
0.044960311

0.312573542
0.227365944
0.04684821

0.309464082
0.227822121
0.045762068

15.259%
4.994%
1.465

18.416%
6.957%
1.547

18.681%
7.705%
1.645

17.684%
7.157%
1.564

0.047
0.915
1.664
6.788
7.16

0.176
0.942
1.605
6.429
7.86

0.041
0.681
1.323
6.517
8.73

0.141
0.821
1.502
6.225
8.76

Long-Term Debt/Equity
Long-Term Debt/Assets
Total Debt/Assets
(Long-Term Debt) / (Long-Term Debt+ S/E)
TIE

1.276
0.397
0.439
0.561
4.664

0.988
0.339
0.397
0.497
7.913

Balance Sheet Summary - FactSet Fundamentals

0.555
0.232
0.286
0.357
8.533

0.642
0.261
0.301
0.391
8.878

Report as of: 18-Nov-2009

Target Corp.
TGT 87612E106 2259101 NYSE Common stock
Discount Stores
Report Basis:Annual
Reporting Period Length:
Update Status:
Total Current Assets
Cash & Short Term Investments
Cash & Short Term Investments Growth
Cash & ST Investments % Total Assets
Accounts Receivable
Accounts Receivable Growth
Accounts Receivable Turnover
Inventory
Inventory Growth
Inventory Turnover
Other Current Assets

01/2009
364
Final
17,488.0
488.0
- 76.6
1.1
9,129.0
+ 1.2
7.2
6,705.0
- 1.1
6.8
1,166.0

01/2008
364
Final
18,906.0
2,083.0
+ 354.8
4.7
9,018.0
+ 26.8
7.9
6,780.0
+ 8.4
6.4
1,025.0

01/2009 to 01/2001
Millions
U.S. Dollar
01/2007
01/2006
371
364
Final
Final
14,706.0
14,405.0
458.0
1,363.0
- 66.4
- 39.3
1.2
3.9
7,112.0
6,511.0
+ 9.2
+ 18.4
8.7
8.8
6,254.0
5,838.0
+ 7.1
+ 8.4
6.5
6.2
882.0
693.0

Total Current Liabilities

Current Ratio
Quick Ratio
Cash Ratio
Debt in Current Liabilities
Debt in Current Liabilities Growth
Accounts Payable
Accounts Payable Growth
Income Taxes Payable
Other Current Liabilities

10,512.0
1.66
0.91
0.05
1,868.0
- 26.8
5,731.0
- 6.6
430.0
2,483.0

11,782.0
1.60
0.94
0.18
2,552.0
+ 26.7
6,133.0
+ 3.5
111.0
2,986.0

11,117.0
1.32
0.68
0.04
2,014.0
+ 44.1
5,923.0
+ 5.3
422.0
2,758.0

9,588.0
1.50
0.82
0.14
1,398.0
- 6.6
5,623.0
+ 17.5
374.0
2,193.0

Total Debt
Total Debt % Total Assets
Long-Term Debt
Long Term Debt Growth
LT Debt % LT Debt + Shareholder's Equity
Debt in Current Liabilities

19,358.0
43.9
17,490.0
+ 15.6
56.1
1,868.0

17,678.0
39.7
15,126.0
+ 74.4
49.7
2,552.0

10,689.0
28.6
8,675.0
- 4.9
35.7
2,014.0

10,517.0
30.1
9,119.0
+ 0.9
39.1
1,398.0

Total Assets
Total Assets Growth
Asset Turnover
Return on Assets
Total Liabilities
Total Liabilities % Total Assets
Total Shareholders' Equity
Total Shareholder's Equity % Total Assets
Return on Equity

44,106.0
- 1.0
1.47
6.4
30,394.0
68.9
13,712.0
31.1
15.3

44,560.0
+ 19.3
1.42
8.0
29,253.0
65.6
15,307.0
34.4
18.4

37,349.0
+ 6.7
1.59
8.8
21,716.0
58.1
15,633.0
41.9
18.7

34,995.0
+ 8.4
1.50
8.1
20,790.0
59.4
14,205.0
40.6
17.7

59.3
51.0
53.8
45.5

52.7
46.5
56.8
50.5

46.3
41.8
56.0
51.5

48.0
41.6
58.6
52.3

17.33
- 7.3
18.10
- 2.7

18.70
+ 3.8
18.60
+ 3.7

18.01
+ 12.1
17.94
+ 11.8

16.07
+ 11.3
16.04
+ 11.4

Cash Conversion Cycle (Days)

Days Accounts Receivable Outstanding
Days Inventory Outstanding
Days Accounts Payable Outstanding
Book Value per Share
Book Value per Share Growth
Tangible Book Value per Share
Tangible Book Value per Share Growth

18-Nov-2009

09 to 01/2001

01/2005
364
Final
46,839.0
- 2.7
32,704.0
- 1.2
14,135.0
- 6.1
30.2
10,534.0
- 8.7
0.0
0.0
0.0
4,860.0
+ 0.4
10.4
1,259.0
- 4.6
3,601.0
+ 2.3
7.7
570.0
+ 2.0
3,031.0
+ 2.4
6.5
1,146.0
+ 2.4
1,885.0
+ 2.4
6.8
2.15
+ 7.0
3.95
+ 2.9

01/2004
364
Final
48,163.0
+ 9.7
33,110.0
+ 8.7
15,053.0
+ 12.0
31.3
11,534.0
+ 13.3
0.0
0.0
0.0
4,839.0
+ 8.1
10.0
1,320.0
+ 8.9
3,519.0
+ 7.8
7.3
559.0
- 4.9
2,960.0
+ 10.6
6.1
1,119.0
+ 9.5
1,841.0
+ 11.3
3.8
2.01
+ 11.0
3.84
+ 7.4

01/2003
364
Final
43,917.0
+ 10.1
30,472.0
+ 7.6
13,445.0
+ 16.3
30.6
10,181.0
+ 14.6
0.0
0.0
0.0
4,476.0
+ 19.1
10.2
1,212.0
+ 12.3
3,264.0
+ 21.8
7.4
588.0
+ 26.7
2,676.0
+ 20.8
6.1
1,022.0
+ 21.4
1,654.0
+ 20.4
3.8
1.81
+ 19.9
3.57
+ 21.2

01/2002
364
Final
39,888.0
+ 8.1
28,325.0
+ 8.0
11,563.0
+ 8.4
29.0
8,883.0
+ 8.5
0.0
0.0
0.0
3,759.0
+ 10.0
9.4
1,079.0
+ 14.8
2,680.0
+ 8.2
6.7
464.0
+ 9.2
2,216.0
+ 7.9
5.6
842.0
+ 6.7
1,374.0
+ 8.7
3.4
1.51
+ 9.4
2.95
+ 8.5

01/2001
371
Final
36,903.0
+ 9.5
26,235.0
+ 9.8
10,668.0
+ 8.6
28.9
8,190.0
+ 9.4
0.0
0.0
0.0
3,418.0
+ 7.4
9.3
940.0
+ 10.1
2,478.0
+ 6.4
6.7
425.0
+ 8.1
2,053.0
+ 6.0
5.6
789.0
+ 5.1
1,264.0
+ 6.7
3.4
1.38
+ 6.2
2.71
+ 8.3

1,885.0
2.07
0.31
8.5
890.6
912.1

1,841.0
2.01
0.27
12.9
911.8
917.1

1,654.0
1.81
0.24
13.2
909.8
914.0

1,374.0
1.51
0.23
14.8
905.2
909.8

1,264.0
1.38
0.26
15.0
897.8
913.0

0.301778433
0.224898055
0.040244241

0.312542823
0.239478438
0.038224363

0.306145684
0.231823667
0.037661953

0.289886683
0.222698556
0.03444645

15.647%
5.920%
1.471

17.954%
6.137%
1.606

19.118%
6.270%
1.665

19.111%
6.296%
1.828

0.273
0.942
1.694
5.863
8.31

0.085
0.781
1.555
6.293
8.49

0.100
0.840
1.586
6.355
9.35

0.070
0.614
1.368
6.266
13.82

0.693
0.280
0.326
0.409
6.318

0.923
0.325
0.395
0.480
6.295

1.079
0.356
0.390
0.519
5.551

1.029
0.335
0.372
0.507
5.776

01/2005
364
Final
13,922.0
2,245.0
+ 213.5
7.0
5,497.0
- 4.8
8.3
5,384.0
+ 0.8
5.9
796.0

01/2004
364
Final
12,928.0
716.0
- 5.5
2.3
5,776.0
+ 3.8
8.5
5,343.0
+ 12.2
6.3
1,093.0

01/2003
364
Final
11,935.0
758.0
+ 51.9
2.7
5,565.0
+ 45.3
9.3
4,760.0
+ 7.0
6.4
852.0

01/2002
364
Final
9,648.0
499.0
+ 40.2
2.1
3,831.0
+ 97.4
13.8
4,449.0
+ 4.7
6.3
869.0

01/2001
371
Final
7,304.0
356.0
+ 61.8
1.8
1,941.0
+ 5.7
19.5
4,248.0
+ 11.8
6.3
759.0

8,220.0
1.69
0.94
0.27
1,496.0
- 31.7
4,787.0
+ 16.1
304.0
1,633.0

8,314.0
1.55
0.78
0.09
2,191.0
+ 124.7
4,123.0
- 12.0
382.0
1,618.0

7,523.0
1.59
0.84
0.10
975.0
+ 7.7
4,684.0
+ 12.6
319.0
1,545.0

7,054.0
1.37
0.61
0.07
905.0
+ 5.6
4,160.0
+ 16.3
423.0
1,566.0

6,301.0
1.16
0.36
0.06
857.0
+ 72.1
3,576.0
+ 1.8
361.0
1,507.0

10,530.0
32.6
9,034.0
- 11.6
40.9
1,496.0

12,408.0
39.5
10,217.0
+ 0.3
48.0
2,191.0

11,161.0
39.0
10,186.0
+ 25.9
51.9
975.0

8,993.0
37.2
8,088.0
+ 43.6
50.7
905.0

6,491.0
33.3
5,634.0
+ 24.6
46.4
857.0

32,293.0
+ 2.9
1.45
11.2
19,264.0
59.7
13,029.0
40.3
26.5

31,392.0
+ 9.8
1.53
7.3
20,327.0
64.8
11,065.0
35.2
18.0

28,603.0
+ 18.4
1.54
7.7
19,160.0
67.0
9,443.0
33.0
19.1

24,154.0
+ 23.9
1.65
7.7
16,294.0
67.5
7,860.0
32.5
19.0

19,490.0
+ 13.7
1.89
8.4
12,971.0
66.6
6,519.0
33.4
20.4

56.5
43.9
62.3
49.7

52.4
43.0
58.0
48.5

43.5
39.0
57.4
53.0

34.8
26.4
58.3
49.8

27.4
18.7
58.1
49.3

14.44
+ 20.3
14.40
+ 22.7

12.00
+ 17.4
11.74
+ 17.8

10.22
+ 19.2
9.97
+ 18.5

8.57
+ 19.9
8.41

7.15
+ 13.4

18-Nov-2009

09 to 01/2001