Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|
Revenue | $93,561 | $106,005 | $109,120 | $107,412 | $106,566 |
Gross Profit | $27,384 | $31,042 | $26,891 | $29,676 | $30,064 |
Operating Income | $6,539 | $8,946 | $3,848 | $5,707 | $5,566 |
Net Income | $4,368 | $6,946 | $2,780 | $4,138 | $4,091 |
Edwyn
Over the five-year period, TARGET CORPORATION’s revenue showed an overall upward trend, rising from 93,561 million USD in 2021 to a peak of 109,120 million USD in 2023 before settling around 106–107 billion in subsequent years. This growth suggests strong market presence and customer demand, despite aggressive competition in the retail sector. However, profitability measures paint a more nuanced picture. Gross profit increased from 27,384 million USD in 2021 to 31,042 million USD in 2022, then dropped significantly to 26,891 million USD in 2023—more than a 10% decline—before partially recovering in 2024 and 2025. Such fluctuations indicate variable cost pressures or changes in pricing strategies, which merit closer scrutiny in operational reviews. The most notable swing occurred in operating income, which jumped from 6,539 million USD in 2021 to 8,946 million USD in 2022, only to plunge to 3,848 million USD in 2023 (a decline exceeding 50% year-over-year). Net income exhibited a parallel trend, peaking at 6,946 million USD in 2022 but then falling to 2,780 million USD in 2023 before modest recoveries to around 4,100 million USD in the following years. This pronounced drop in 2023 suggests potential operational inefficiencies, elevated expenses, or extraordinary items impacting margins. Overall, while TARGET’s revenue stability underscores its robust market position, the volatility in profit metrics calls for strategic operational adjustments to sustain long-term financial health and margin improvement within a highly competitive retail environment.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.