Target
Fortune Rankings
The retailer and grocer is the fifth-largest employer among Fortune 500 companies. While it operates nearly 2,000 U.S. stores, about 18% of its sales now originate online.
- As consumers pulled back on discretionary spending in 2022, Target found itself with an inventory surplus that pushed it to slash prices. Partly as a result, profits fell 60% from fiscal year 2021, to $2.8 billion.
- After the U.S. Supreme Court’s June 2022 decision overturning Roe v. Wade, Target was among the companies declaring they would pay for employees to travel out of state to access abortion services if necessary. That announcement drew blowback from conservatives. On another culture-war front, Target’s decision in May 2023 to move Pride-themed merchandise to less prominent positions in some stores, in response to threats and angry reactions from customers, was sharply criticized by LGBTQ+ rights activists.
Michael M. SantiagoGetty Images
- Updated:1/31/24
- Country:U.S.
- Headquarters:Minneapolis
- Industry:General Merchandisers
- CEO:Brian C. Cornell
- Website:https://corporate.target.com
- Ticker:TGT
- Company type:Public
- Revenues ($M):$106,888
- Profits ($M):$3,632
- Market value ($M):$63,774
- Number of employees:440,000
Figures are for the latest twelve months ended Oct. 31, 2023. Market value as of Jan. 19, 2024. Source: S&P Global.
- $ Millions% change
- Revenues ($M):$109,1202.9%
- Profits ($M):$2,780-60%
- Assets ($M):$53,335-
- Total Stockholder Equity ($M):$11,232-
- Profit as % of Revenues:2.5%
- Profits as % of Assets:5.2%
- Profits as % of Stockholder Equity:24.8%
- Earnings Per Share ($):598
- EPS % Change (from 2021):-57.6%
- EPS % Change (5 year annual rate):2.3%
- EPS % Change (10 year annual rate):2.8%
- Total Return to Investors (2022):-34.1%
- Total Return to Investors (5 year, annualized):20.8%
- Total Return to Investors (10 year, annualized):12.7%
- Rank last year:12
- Years on list:3
- Employees (as of March 2023):450,000
- Job openings (as of March 2023):8,840
- Year founded:1902
- 100% health coverage:no
- Subsidized childcare:no
- Compressed work weeks:did not disclose
- Option to work remotely:yes
- Percentage of health care premiums covered:did not disclose
- Mental health coverage:yes
- Free mental health sessions (per year):5
- Free backup childcare time off (days):20
- Maximum $ amount covered for fertility services:did not disclose
- Fully paid maternal leave (days):20
- Fully paid paternal leave (days):20
- Fully paid adoptive leave (days):20
- Maternal leave in addition to regular time off (days):20
- Paid days off for volunteering:no
- % Women:-
- % Minorities:-
- % African-American/Black:16%
- % Asian:5%
- % Caucasian/White:46%
- % Hispanic/Latino:28%
- % Native American/Alaska Native:1%
- % Native Hawaiian/Pacific Islander:1%
- % Two or more races:3%
- % Unknown ethnicity:1%
- Industry:Retail
- Industry Vertical:Other
- Founded:1946
- City:Minneapolis
- Sites:2,864
- Worldwide Employees:386,946
- Web Address:corporate.target.com/
- Date info provided (companies may opt to keep some data confidential):March 05, 2021
- Sector:Retailing
- Culture rank:262
- Process rank:212
- Product rank:58
- Sector:Stores and Distributors
- Industry:General Merchandisers
- Current All-Star Rank:22
- Previous All-Star Rank:21
- Industry Rank:2
- Previous Industry Rank:1
- Overall Score:7.67
- Innovation:-
- People Management:-
- Use of Corporate Assets:-
- Social Responsibility:-
- Quality of Management:-
- Financial Soundness:-
- Long-Term Investment Value:-
- Quality of Products/Services:-
- Global Competitiveness:-
Target stock chart
Latest news on Target
Target in Fortune Rankings
Most popular news on Target
Explore More Stories