Target Corporation (TGT) FCF Payout Ratio: 49.76%
Is Target Corporation’s fcf payout ratio high or low?
Target Corporation's fcf payout ratio of 49.76% is in line with its 5-year average of 50.33%, around the middle of its 5-year range (30.47%–72.42%).
The fcf payout ratio for Target Corporation (TGT) is 49.76%. It is below its 12-month average by 15.75% (59.06%).
TGT FCF Payout Ratio Chart
TGT Average FCF Payout Ratio Chart
TGT Current vs Average FCF Payout Ratio Chart
TGT FCF Payout Ratio Metrics
FCF PAYOUT RATIO
49.76%
FCF PAYOUT RATIO AVG TTM
59.06%
FCF PAYOUT RATIO AVG 3Y
56.95%
FCF PAYOUT RATIO AVG 5Y
50.33%
FCF PAYOUT RATIO AVG 10Y
41.15%
FCF PAYOUT RATIO AVG 15Y
42.31%
FCF PAYOUT RATIO AVG 20Y
39.83%
CURRENT VS TTM AVG
-15.75%
CURRENT VS 3Y AVG
-12.62%
CURRENT VS 5Y AVG
-1.13%
CURRENT VS 10Y AVG
+20.92%
CURRENT VS 15Y AVG
+17.62%
CURRENT VS 20Y AVG
+24.93%
Payout Ratio Comparison
FCF Payout Ratio
49.8%
Earnings Payout Ratio
55.9%
Dividend Yield
3.60%
FCF Yield
7.21%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $2.83B | $2.05B | 72.4% |
| 2025 | $4.48B | $2.05B | 45.7% |
| 2024 | $3.81B | $2.01B | 52.7% |
| 2023 | ($1.51B) | $1.84B | N/A (Loss) |
| 2022 | $5.08B | $1.55B | 30.5% |
| 2021 | $7.88B | $1.34B | 17.1% |
| 2020 | $4.09B | $1.33B | 32.5% |
| 2019 | $2.46B | $1.33B | 54.3% |
| 2018 | $4.39B | $1.34B | 30.5% |
| 2017 | $3.89B | $1.35B | 34.7% |
| 2016 | $4.41B | $1.36B | 30.9% |
| 2015 | $2.65B | $1.21B | 45.4% |
| 2014 | $3.07B | $1.01B | 32.8% |
| 2013 | $2.05B | $869.00M | 42.4% |
| 2012 | $1.07B | $750.00M | 70.4% |
| 2011 | $3.14B | $609.00M | 19.4% |
| 2010 | $4.15B | $496.00M | 11.9% |
| 2009 | $883.00M | $465.00M | 52.7% |
| 2008 | ($244.00M) | $442.00M | N/A (Loss) |
| 2007 | $934.00M | $380.00M | 40.7% |
| 2006 | $1.06B | $318.00M | 29.9% |
| 2005 | $127.00M | $272.00M | 214.2% |
| 2004 | $156.00M | $237.00M | 151.9% |
| 2003 | ($1.63B) | $218.00M | N/A (Loss) |
| 2002 | ($1.17B) | $203.00M | N/A (Loss) |
| 2001 | ($623.00M) | $190.00M | N/A (Loss) |
| 2000 | $334.00M | $195.00M | 58.4% |
| 1999 | $105.00M | $178.00M | 169.5% |
| 1998 | $441.00M | $165.00M | 37.4% |
| 1997 | $157.00M | $155.00M | 98.7% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Target Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Target Corporation FCF Payout Ratio FAQ
- What is the fcf payout ratio for Target Corporation (TGT)?
- The fcf payout ratio for TGT stock is 49.76%.
- Is Target Corporation's fcf payout ratio high or low?
- Target Corporation's fcf payout ratio of 49.76% is in line with its 5-year average of 50.33%, around the middle of its 5-year range (30.47%–72.42%).
- What is the TTM average fcf payout ratio for Target Corporation (TGT)?
- The TTM average fcf payout ratio for TGT stock is 59.06%.
- What is the 3Y average fcf payout ratio for Target Corporation (TGT)?
- The 3Y average fcf payout ratio for TGT stock is 56.95%.
- What is the 5Y average fcf payout ratio for Target Corporation (TGT)?
- The 5Y average fcf payout ratio for TGT stock is 50.33%.
- What is the 10Y average fcf payout ratio for Target Corporation (TGT)?
- The 10Y average fcf payout ratio for TGT stock is 41.15%.
- What is the 15Y average fcf payout ratio for Target Corporation (TGT)?
- The 15Y average fcf payout ratio for TGT stock is 42.31%.
- What is the 20Y average fcf payout ratio for Target Corporation (TGT)?
- The 20Y average fcf payout ratio for TGT stock is 39.83%.
Target Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-01-31 | 72.42% |
| 2025-02-01 | 45.71% |
| 2024-02-03 | 52.71% |
| 2022-01-29 | 30.47% |
| 2021-01-30 | 17.05% |
| 2020-02-01 | 32.52% |
| 2019-02-02 | 54.33% |
| 2018-02-03 | 30.48% |
| 2017-01-28 | 34.66% |
| 2016-01-30 | 30.91% |
| 2015-01-31 | 45.42% |
| 2014-02-01 | 32.80% |
| 2013-02-02 | 42.43% |
| 2012-01-28 | 70.36% |
| 2011-01-29 | 19.38% |
| 2010-01-30 | 11.95% |
| 2009-01-31 | 52.66% |
| 2007-02-03 | 40.69% |
| 2006-01-28 | 29.92% |
| 2005-01-29 | 214.17% |
| 2004-01-31 | 151.92% |
| 2000-01-29 | 58.38% |
| 1999-01-30 | 169.52% |
| 1998-01-31 | 37.41% |
| 1997-02-01 | 98.73% |