Target Corporation (TGT) Return on Invested Capital (ROIC): 9.76%
Is Target Corporation’s return on invested capital (roic) high or low?
Target Corporation's return on invested capital (roic) of 9.76% is 23% below its 5-year average of 12.67%, near the low end of its 5-year range (9.13%–21.47%).
The return on invested capital (roic) for Target Corporation (TGT) is 9.76% as of Tuesday, June 9, 2026. It is below its 12-month average by 6.47% (10.43%).
TGT Return on Invested Capital (ROIC) Chart
TGT Average Return on Invested Capital (ROIC) Chart
TGT Current vs Average Return on Invested Capital (ROIC) Chart
TGT Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
9.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.31%
CURRENT VS TTM AVG
-6.47%
CURRENT VS 3Y AVG
-10.62%
CURRENT VS 5Y AVG
-22.98%
CURRENT VS 10Y AVG
-23.61%
CURRENT VS 15Y AVG
-18.18%
CURRENT VS 20Y AVG
-13.74%
TGT Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Target Corporation (TGT) | — | 9.76% | 10.43% | 10.92% | 12.67% |
| Colgate-Palmolive Company (CL) | $70.38B | 30.34% | 30.45% | 27.00% | 26.68% |
| Keurig Dr Pepper Inc. (KDP) | $42.83B | 5.62% | 5.39% | 5.34% | 5.09% |
| The Kroger Co. (KR) | $38.84B | 4.70% | 6.45% | 6.53% | 7.44% |
| Sysco Corporation (SYY) | $37.08B | 13.03% | 14.02% | 14.34% | 13.24% |
| Kimberly-Clark Corporation (KMB) | $33.37B | 17.62% | 21.69% | 19.65% | 19.56% |
| Kellanova (K) | $29.03B | 12.91% | 11.40% | 9.39% | 9.27% |
| Monster Beverage Corporation (MNST) | $88.17B | 21.74% | 21.92% | 19.60% | 20.74% |
| Dollar General Corporation (DG) | $24.13B | 6.64% | 5.87% | 7.40% | 8.26% |
| Constellation Brands, Inc. (STZ) | $24.12B | 10.48% | 8.66% | 6.61% | 5.88% |
Capital Efficiency
ROIC
9.8%
ROE
22.9%
Target Corporation Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Target Corporation Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (roic) for Target Corporation (TGT)?
- The return on invested capital (roic) for TGT stock is 9.76%.
- Is Target Corporation's return on invested capital (roic) high or low?
- Target Corporation's return on invested capital (roic) of 9.76% is 23% below its 5-year average of 12.67%, near the low end of its 5-year range (9.13%–21.47%).
- What is the TTM average return on invested capital (roic) for Target Corporation (TGT)?
- The TTM average return on invested capital (roic) for TGT stock is 10.43%.
- What is the 3Y average return on invested capital (roic) for Target Corporation (TGT)?
- The 3Y average return on invested capital (roic) for TGT stock is 10.92%.
- What is the 5Y average return on invested capital (roic) for Target Corporation (TGT)?
- The 5Y average return on invested capital (roic) for TGT stock is 12.67%.
- What is the 10Y average return on invested capital (roic) for Target Corporation (TGT)?
- The 10Y average return on invested capital (roic) for TGT stock is 12.78%.
- What is the 15Y average return on invested capital (roic) for Target Corporation (TGT)?
- The 15Y average return on invested capital (roic) for TGT stock is 11.93%.
- What is the 20Y average return on invested capital (roic) for Target Corporation (TGT)?
- The 20Y average return on invested capital (roic) for TGT stock is 11.31%.
Target Corporation Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-01-31 | 9.76% |
| 2025-02-01 | 11.11% |
| 2024-02-03 | 11.89% |
| 2023-01-28 | 9.13% |
| 2022-01-29 | 21.47% |
| 2021-01-30 | 15.86% |
| 2020-02-01 | 12.03% |
| 2019-02-02 | 11.92% |
| 2018-02-03 | 12.22% |
| 2017-01-28 | 12.38% |
| 2016-01-30 | 11.64% |
| 2015-01-31 | 10.30% |
| 2014-02-01 | 9.49% |
| 2013-02-02 | 9.85% |
| 2012-01-28 | 9.89% |
| 2011-01-29 | 10.11% |
| 2010-01-30 | 8.60% |
| 2009-01-31 | 7.91% |
| 2008-02-02 | 9.35% |
| 2007-02-03 | 11.38% |
| 2006-01-28 | 10.31% |
| 2005-01-29 | 9.11% |
| 2004-01-31 | 8.21% |
| 2003-02-01 | 7.88% |
| 2002-02-02 | 9.23% |
| 2001-02-03 | 10.86% |
| 2000-01-29 | 12.09% |
| 1999-01-30 | 11.12% |
| 1998-01-31 | 10.63% |
| 1997-02-01 | 8.65% |