General retail · 21/36 against 15/36 checks · to 2026-09-08
TGT vs WMT.
TargetA general merchandise retailer with a large store network and own-brand goods.
WalmartAmerica's largest retailer by sales, from supercentres to a growing online and advertising business.→Walmart (WMT) is 11.4 times the size of Target (TGT) at $841.4B against $73.9B, and on the filings Target passes more, 21 checks of 36 against 15.
Which passes more checks?
widest gap first→The two are furthest apart on Trend analysis, where Target passes 5 more of the six.
| TGT | WMT | |
|---|---|---|
| Trend analysis | 5/6 | 0/6 |
| Value | 3/6 | 0/6 |
| Growth | 1/6 | 4/6 |
| Shareholder returns | 4/6 | 3/6 |
| Quality | 4/6 | 4/6 |
| Health | 4/6 | 4/6 |
| All checks | 21/36 | 15/36 |
→Walmart turns over $728.5B to Target's $107.7B, 6.8 times as much. Target keeps 4.1% of revenue as profit against 3.0% at Walmart.
Which is cheaper?
→Target is the cheaper of the two on earnings, 16.9x against 38.5x. Against their own histories, Target is above its 13.4x median and Walmart is above its 26.0x.
| TGT | WMT | |
|---|---|---|
| Share price | $162.71 | $106.05 |
| Market cap | $73.9B | $841.4B |
| P/E | 16.9x | 38.5x |
| P/E, own median own 6-year median / own 11-year median | 13.4x | 26.0x |
| P/S | 0.7x | 1.2x |
| Free cash flow yield | 6.0% | 1.6% |
Which is growing faster, TGT or WMT?
| TGT | WMT | |
|---|---|---|
| Revenue (TTM) | $107.7B | $728.5B |
| Revenue growth, 1 year | - | +6.1% |
| Revenue CAGR, 3 years | -1.3% | +5.3% |
| Net income (TTM) | $4.4B | $22.1B |
| Free cash flow (TTM) | $4.5B | $13.5B |
Which hands more back to owners?
→Both pay: Target yields the more at 2.8% against 0.9%. A yield rises when a price falls, so read it beside the payout checks in each report.
| TGT | WMT | |
|---|---|---|
| Dividend yield | 2.8% | 0.9% |
| Payout ratio | 46.7% | 34.0% |
| Years of unbroken dividend | - | - |
Which keeps more of each sale?
→Walmart keeps more of each sale: gross margin of 24.5% against 19.3%, a gap of 5 points that flows into everything below it.
| TGT | WMT | |
|---|---|---|
| Gross margin | 19.3% | 24.5% |
| Operating margin | 5.6% | 4.4% |
| Return on equity | 24.6% | 22.5% |
Which balance sheet is stronger?
→Both lean on debt to a similar degree, 0.80x to equity at Target and 0.41x at Walmart.
| TGT | WMT | |
|---|---|---|
| Debt / equity | 0.80x | 0.41x |
| Interest coverage | 14.1x | 17.4x |
| Cash and short-term investments | $10.0B | $11.5B |
Where they differ most
the checks behind the gapTrend analysis: Target 5 ahead
- Price above the Kumo cloud $162.71 against a cloud top of $137.14
- Tenkan above the Kijun Tenkan $163.65 above the Kijun $157.57, 37 sessions since they crossed
- The Senkou cloud ahead is rising the Senkou spans already drawn for the next 26 sessions are rising
- Price above the Kumo cloud $106.05, below the cloud bottom of $111.78
- Price above the Tenkan and the Kijun $106.05 against the Tenkan (9 sessions) at $105.81 and the Kijun (26) at $109.37
- Tenkan above the Kijun Tenkan $105.81 below the Kijun $109.37, 13 sessions since they crossed
Value: Target 3 ahead
- Earnings yield beats a long bond (4%) 5.9% vs 4.0%
- Free cash flow yield above 3% 6.0% vs 3.0%
- Cheap on enterprise value 8.49 vs 14.00 (peer median)
- Earnings yield beats a long bond (4%) 2.6% vs 4.0%
- Free cash flow yield above 3% 1.6% vs 3.0%
- Cheap on enterprise value 20.15 vs 14.00 (peer median)