TGT vs WMT
Target Corp. and Walmart Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | TGT | WMT |
|---|---|---|
| Revenue | $104.8B | $713.2B |
| Net income | $3.7B | $21.9B |
| Gross margin | 27.9% | 24.9% |
| Net margin | 3.5% | 3.1% |
| Return on equity | 24.0% | 23.0% |
| Diluted EPS | $8.13 | $2.73 |
| Dividend / share | $4.54 | $0.94 |
| Payout ratio | 55.4% | 34.3% |
| Free cash flow | $2.8B | $14.9B |
| Equity | $16.2B | $99.6B |
| Net debt / equity | 0.55× | 0.28× |
| Current ratio | 0.94× | 0.79× |
| Revenue CAGR 5y | 2.3% | 5.0% |
| Profit CAGR 5y | −3.2% | 10.1% |
WMT bills 6.8× the revenue of TGT, and TGT keeps more of each dollar of revenue as profit (3.5% against 3.1%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | TGT | WMT |
|---|---|---|
| FY2025 | $104.8B | $713.2B |
| FY2024 | $106.6B | $681.0B |
| FY2023 | $107.4B | $648.1B |
| FY2022 | $109.1B | $611.3B |
| FY2021 | $106.0B | $572.8B |
| FY2020 | $93.6B | $559.2B |
| FY2019 | $78.1B | $524.0B |
| FY2018 | $75.4B | $514.4B |
| FY2017 | $72.7B | $500.3B |
| FY2016 | $70.3B | $485.9B |
Bottom line
| Fiscal year | TGT | WMT |
|---|---|---|
| FY2025 | $3.7B | $21.9B |
| FY2024 | $4.1B | $19.4B |
| FY2023 | $4.1B | $15.5B |
| FY2022 | $2.8B | $11.7B |
| FY2021 | $6.9B | $13.7B |
| FY2020 | $4.4B | $13.5B |
| FY2019 | $3.3B | $14.9B |
| FY2018 | $2.9B | $6.7B |
| FY2017 | $2.9B | $9.9B |
| FY2016 | $2.7B | $13.6B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$608,383,000,000 | WMT |
| FY2024 | −$574,419,000,000 | WMT |
| FY2023 | −$540,713,000,000 | WMT |
| FY2022 | −$502,169,000,000 | WMT |
| FY2021 | −$466,749,000,000 | WMT |
| FY2020 | −$465,590,000,000 | WMT |
| FY2019 | −$445,852,000,000 | WMT |
| FY2018 | −$439,049,000,000 | WMT |
| FY2017 | −$427,629,000,000 | WMT |
| FY2016 | −$415,602,000,000 | WMT |
| FY2015 | −$408,345,000,000 | WMT |
| FY2014 | −$413,033,000,000 | WMT |
| FY2013 | −$405,015,000,000 | WMT |
| FY2012 | −$395,350,000,000 | WMT |
| FY2011 | −$376,644,000,000 | WMT |
| FY2010 | −$354,459,000,000 | WMT |
| FY2009 | −$342,728,000,000 | WMT |
| FY2008 | −$339,306,000,000 | WMT |
| FY2007 | −$313,656,000,000 | WMT |
WMT has reported the higher revenue in every one of these 19 fiscal years. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +0.4 pp | TGT |
| FY2024 | +0.9 pp | TGT |
| FY2023 | +1.3 pp | TGT |
| FY2022 | +0.7 pp | TGT |
| FY2021 | +4.1 pp | TGT |
| FY2020 | +2.2 pp | TGT |
| FY2011 | +0.5 pp | TGT |
| FY2010 | +0.3 pp | TGT |
| FY2009 | +0.2 pp | TGT |
| FY2008 | −0.0 pp | WMT |
| FY2007 | +1.0 pp | TGT |
The higher net margin has changed hands between TGT and WMT over this period.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TGT's net margin has been more volatile than WMT's over the 11 comparable fiscal years — 1.0 percentage points of standard deviation against 0.6.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between TGT and WMT over these 11 fiscal years — TGT led in 10 and WMT in 1.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TGT's return on equity has been more volatile than WMT's over the 19 comparable fiscal years — 11.5 percentage points of standard deviation against 3.7.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between TGT and WMT over these 19 fiscal years — TGT led in 11 and WMT in 8.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.