The chart above shows the net revenue of Target Corporation from 2013 to 2022 in billions of US dollars. In 2022, the company generated $109.12 billion, which was more than $3 billion higher compared to the prior year. However, the US based retailer experienced a sharp decline in its net income, which was less than half of the prior year.
Target Corporation Net Revenue 2000-2022
Amounts are in $millions.
Year | Total Revenue (Million USD) |
2022 | $109,120 |
2021 | $106,005 |
2020 | $93,561 |
2019 | $78,112 |
2018 | $75,356 |
2017 | $72,714 |
2016 | $70,271 |
2015 | $74,494 |
2014 | $72,618 |
2013 | $71,279 |
2012 | $73,301 |
2011 | $69,865 |
2010 | $67,390 |
2009 | $65,357 |
2008 | $64,948 |
2007 | $63,367 |
2006 | $59,490 |
2005 | $52,620 |
2004 | $46,839 |
2003 | $42,025 |
2002 | $37,410 |
2001 | $33,021 |
2000 | $29,740 |
2022: The net revenue of target Corporation grew by more than $3 billion in 2022 compared to the prior year. Target generated $109.12 billion in net revenue in 2022 compared to $106 billion in the previous fiscal.
2021: The total net revenues of Target Corporation in 2021 increased to $106,005 million compared to $93,561 million in 2020. Compared to 2020, the net revenues of the company increased by 13.3% in 2021. At the end of 2021, there were 1,926 target Corporation stores operational compared to 1,897 in 2020.
Target Corporation (Target, the Corporation or the Company) was incorporated in Minnesota in 1902. It offers its customers, whom the company refers to as “guests,” everyday essentials and fashionable, differentiated merchandise at discounted prices. It operates as a single segment designed to enable guests to purchase products seamlessly in stores or from its digital channels. Since 1946, Target has given 5 percent of its profit to communities.
Net Revenue of Target grew to $75,356 million in 2018 from $72,714 million in 2017.
The revenue of Target Corporation was 71.9 Billion Dollars in 2017.
Target is a US retail brand, incorporated in 1902 in Minnesota. It offers its customers everyday essentials and fashionable, differentiated merchandise at discounted prices. It sells wide assortment of general merchandise and food through physical stores and digital channels. The company announced its exit from the Canadian market in 2014. It generates virtually all of its revenue in the US market. (Target Annual Reports).
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.