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Target Corp
NYSE:TGT

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Target Corp
NYSE:TGT
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Price: 167.57 USD 0.59%
Updated: Apr 19, 2024

ROIC
Return on Invested Capital

11.8%
Current
15%
Average
4.1%
Industry
Positive for the last year
11.8%
Positive average
15%
Worse than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
11.8%
=
NOPAT
4.5B
/
Invested Capital
38.5B

ROIC Across Competitors

ROIC Comparison
Target Corp Competitors

Country US
Market Cap 76.9B USD
ROIC
12%
Country AU
Market Cap 74B AUD
ROIC
13%
Country US
Market Cap 32B USD
ROIC
8%
Country US
Market Cap 26.6B USD
ROIC
8%
Country CA
Market Cap 32.4B CAD
ROIC
24%
Country JP
Market Cap 2.2T JPY
ROIC
8%
Country CN
Market Cap 6.6B USD
ROIC
36%
Country LU
Market Cap 5.1B GBP
ROIC
15%
Country CA
Market Cap 7.2B CAD
ROIC
4%
Country US
Market Cap 4.5B USD
ROIC
10%
Country JP
Market Cap 645B JPY
ROIC
9%

Profitability Report

View the profitability report to see the full profitability analysis for Target Corp.

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
11.8%
=
NOPAT
4.5B
/
Invested Capital
38.5B
What is the ROIC of Target Corp?

Based on Target Corp's most recent financial statements, the company has ROIC of 11.8%.