Target Corp
Close on Nov 2, 2026Market cap $71.95BP/E 16.4Yield 2.87%
Target After-Tax Return on Invested Capital by Year
After-Tax Return on Invested Capital — Trailing Twelve Months ROIC (%) (%)
Target After-Tax Return on Invested Capital: 13.8% in FY2025, down 1.6 pts from a year earlier.
Where the FY2025 figure comes from
“|| After-tax return on invested capital (e) | 13.8 | % | 15.4 | %”
Source: Form 10-K (filed 2026-03-11) ↗
Reported in Form 10-Q / 10-K / 8-K Non-GAAP ROIC Reconciliation & Q2 2026 ROIC Schedule.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | After-Tax Return on Invested Capital — Trailing Twelve Months ROIC (%) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Jan 31, 2026 | 13.8% | -1.6 pts | Form 10-K (filed 2026-03-11) ↗ |
| FY2024 | Feb 1, 2025 | 15.4% | -0.7 pts | Form 10-K (filed 2025-03-12) ↗ |
| FY2023 | Feb 3, 2024 | 16.1% | +3.5 pts | Form 10-K (filed 2024-03-13) ↗ |
| FY2022 | Jan 28, 2023 | 12.6% | -20.5 pts | Form 10-K (filed 2023-03-08) ↗ |
| FY2021 | Jan 29, 2022 | 33.1% | +9.6 pts | Form 10-K (filed 2022-03-09) ↗ |
| FY2020 | Jan 30, 2021 | 23.5% | +7.5 pts | Form 10-K (filed 2021-03-10) ↗ |
| FY2019 | Feb 1, 2020 | 16.0% | +1.3 pts | Form 10-K (filed 2020-03-11) ↗ |
| FY2018 | Feb 2, 2019 | 14.7% | – | Form 10-K (filed 2020-03-11) ↗ |
Breakdown
What makes up after-Tax Return on Invested Capital
Cite this data
StockData. (2026). Target After-Tax Return on Invested Capital (%), annual FY2018–FY2025 [Data set]. Compiled from Target SEC filings and investor materials. https://stockdatahq.com/stocks/tgt/kpis/roic-after-tax-pct
See every metric in the Target KPI table. Data updated Oct 28, 2026.