Income tax expense · 2011–2025

Target income tax expense

$1.1B−9.2% · FY2025

Target (TGT) reported $1.1B in income tax expense for fiscal 2025, −9.2% year on year.

$1.5B2011$1.7B2012$1.4B2013$1.2B2014$1.6B2015$1.3B2016$722M2017$746M2018$921M2019$1.2B2020$2.0B2021$638M2022$1.2B2023$1.2B2024$1.1B2025
Target — Income tax expense, 2011–2025
Fiscal yearIncome tax expenseChangeFiling
FY20252026-01-31$1.1B−9.2%Open →
FY20242025-02-01$1.2B+0.9%Open →
FY20232024-02-03$1.2B+81.7%Open →
FY20222023-01-28$638M−67.5%Open →
FY20212022-01-29$2.0B+66.5%Open →
FY20202021-01-30$1.2B+27.9%Open →
FY20192020-02-01$921M+23.5%Open →
FY20182019-02-02$746M+3.3%Open →
FY20172018-02-03$722M−44.2%Open →
FY20162017-01-28$1.3B−19.2%Open →
FY20152016-01-30$1.6B+33.1%Open →
FY20142015-01-31$1.2B−15.6%Open →
FY20132014-02-01$1.4B−18.0%Open →
FY20122013-02-02$1.7B+14.0%Open →
FY20112012-01-28$1.5B—Open →

Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth −2.6%

Income tax expense at companies of similar size

Full ranking by income tax expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Target income tax expense |url=https://companiesranked.com/en/company/target/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Target income tax expense. CompaniesRanked. https://companiesranked.com/en/company/target/income-tax-expense

BibTeX

@misc{companiesranked-en-company-target-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Target income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/target/income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000027419-26-000016 · March 11, 2026

{{cite web |title=Target income tax expense — 10-K (0000027419-26-000016) |url=https://www.sec.gov/Archives/edgar/data/27419/000002741926000016/tgt-20260131.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-11}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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