Target Income Tax Expense from 2010 to 2024

TGT Stock  USD 130.09  3.54  2.80%   
Target Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 972.1 M in 2024. From the period from 2010 to 2024, Target Income Tax Expense quarterly data regression had r-value of (0.02) and coefficient of variation of  39.33. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-07-31
Previous Quarter
353 M
Current Value
237 M
Quarterly Volatility
156.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Target financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Total Revenue of 54.9 B or Gross Profit of 16.3 B, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0258 or PTB Ratio of 3.34. Target financial statements analysis is a perfect complement when working with Target Valuation or Volatility modules.
  
Check out the analysis of Target Correlation against competitors.
For more information on how to buy Target Stock please use our How to Invest in Target guide.

Latest Target's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Target over the last few years. It is Target's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Target's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Target Income Tax Expense Regression Statistics

Arithmetic Mean1,127,273,778
Geometric Mean1,021,754,590
Coefficient Of Variation39.33
Mean Deviation336,471,467
Median1,159,000,000
Standard Deviation443,391,138
Sample Variance196595.7T
Range1.7B
R-Value(0.02)
Mean Square Error211611.4T
R-Squared0.0005
Significance0.94
Slope(2,229,476)
Total Sum of Squares2752339.8T

Target Income Tax Expense History

2024972.1 M
20231.2 B
2022638 M
2021B
20201.2 B
2019921 M
2018746 M

About Target Financial Statements

Target shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Target investors may analyze each financial statement separately, they are all interrelated. The changes in Target's assets and liabilities, for example, are also reflected in the revenues and expenses on on Target's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense1.2 B972.1 M

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Additional Tools for Target Stock Analysis

When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.