Target vs Walmart (TGT vs WMT)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Walmart is the larger company by revenue ($706.4B vs $104.8B) and market value ($909.1B vs $61.2B). Walmart has grown revenue faster over the last 4 fiscal years (+24.4% cumulative vs -1.2%). Target trades at the lower trailing P/E (17.8x vs 40.5x).
About Target
Target Corporation operates retail stores and digital channels offering a wide range of general merchandise and groceries. It serves customers across the United States, providing products through physical stores and online platforms, including owned brands and national brands. The company also generates revenue from advertising services, credit card profit-sharing, and third-party marketplace sales.
About Walmart
Walmart Inc. is a global retailer operating retail stores and eCommerce platforms in 19 countries. It serves approximately 280 million customers weekly through over 10,900 stores and various online websites and mobile applications. The company offers a wide range of products including groceries, general merchandise, health and wellness items, and provides services such as advertising, financial products, and supply chain solutions.
Head to head (TGT FY2025 vs WMT FY2026)
| Metric | TGTFY2025 | WMTFY2026 |
|---|---|---|
| Revenue | $104.78B | $706.41B |
| Revenue growth (YoY) | -1.7% | 4.7% |
| Gross margin | 27.9% | 24.2% |
| Operating margin | 4.9% | 4.2% |
| Net margin | 3.5% | 3.1% |
| Net income | $3.71B | $21.89B |
| Diluted EPS | $8.13 | $2.73 |
| FCF margin | 2.7% | 2.1% |
| ROE | 22.9% | 20.7% |
| Debt / equity | 0.9× | 0.3× |
| Market cap | $61.21B | $909.13B |
| P/E (TTM) | 17.8× | 40.5× |
Fundamentals are from each company’s SEC filings (TGT FY2025, WMT FY2026). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| TGT by fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $106.00B | $109.12B | $107.41B | $106.57B | $104.78B |
| Net income | $6.95B | $2.78B | $4.14B | $4.09B | $3.71B |
| Operating margin | 8.4% | 3.5% | 5.3% | 5.2% | 4.9% |
| WMT by fiscal year | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue | $567.76B | $605.88B | $642.64B | $674.54B | $706.41B |
| Net income | $13.67B | $11.68B | $15.51B | $19.44B | $21.89B |
| Operating margin | 4.6% | 3.4% | 4.2% | 4.4% | 4.2% |
Target and Walmart use different fiscal calendars (TGT's FY2025 ended 2026-01-31, WMT's FY2026 ended 2026-01-31), so their fiscal years are shown separately rather than forced into one timeline.
Peer standing
Where each company ranks among the 113 Consumer Staples companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | TGT | WMT |
|---|---|---|
| Gross margin | 27.9%42nd percentile of 97 | 24.2%32nd percentile of 97 |
| Operating margin | 4.9%54th percentile of 100 | 4.2%49th percentile of 100 |
| Net margin | 3.5%54th percentile of 105 | 3.1%50th percentile of 105 |
| FCF margin | 2.7%45th percentile of 99 | 2.1%41st percentile of 99 |
| Revenue growth (YoY) | -1.7%34th percentile of 110 | +4.7%63rd percentile of 110 |
| ROE | 22.9%85th percentile of 98 | 20.7%80th percentile of 98 |
| P/E (TTM) | 17.8×42nd percentile of 74 | 40.5×85th percentile of 74 |
| Debt / equity | 0.89×66th percentile of 72 | 0.33×32nd percentile of 72 |
| Short interest (days to cover) | 3.63d59th percentile of 112 | 3.48d57th percentile of 112 |
Short interest
| FINRA settlement data | TGT | WMT |
|---|---|---|
| Shares sold short | 18.7M | 83.9M |
| Change vs prior settlement | -5.2% | +0.3% |
| Days to cover | 3.63 | 3.48 |
| As of settlement | 2026-06-30 | 2026-06-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 open-market activity | TGT | WMT |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 4 ($8.7M) | 26 ($1.06B) |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
8 tracked 13F managers hold both Target and Walmart as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Dodge & Cox, Gotham Asset Management, Millennium Management, Renaissance Technologies. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.