Target (TGT) FCF conversion US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? 5 years average
FCF conversion, % 42.4% -22.9% 44.4% 51.7% 34.0%   50.8%  
Changes by years, y/y, % -45pp -65pp +67pp +7pp -18pp     +30%

Target. FCF conversion, %

Target. FCF conversion, changes, pp

Target (TGT) FCF conversion US GAAP (quarter values)

FY2025Q4 FY2026Q1 FY2026Q1 FY2026Q2 FY2026Q2   LTM ?
FCF conversion, % 103.5% 34.9% -16.3% 95.2% 95.2%   50.8%
Changes by years, y/y, % -1pp +66pp +15pp +47pp +47pp    
Changes by quarters, q/q, % +95pp -69pp -51pp +111pp +0pp    

Target. FCF conversion, %

Target. FCF conversion, changes, pp

Target. FCF conversion, changes, pp