Financial Statements

Target Corporation (TGT)

$150.42

+3.61 (+2.46%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 8,8256,4336,0176,495-
Net Income 6,9464,3683,2812,9372,914
Stock Dividends -7,303-633-1,535-2,0804,919
Dividend Paid -1,548-1,343-1,330-1,335-1,338
Retained Earnings 6,9208,8256,4336,0176,495

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 29,10628,51927,49826,420-
Annual Depreciation 5,1753,2364,0484,59428,953
Capital Expenditure -3,544-2,649-3,027-3,516-2,533
Net PPE 30,73729,10628,51927,49826,420

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -630633633631
New Purchases -----
Intangible and Goodwill 630633633631-

Target Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Target Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.