Our annual ranking of America's largest corporations

30 of 500
30. Target
Rank: 30 (Previous rank: 28)
CEO: Gregg W. Steinhafel
Compare tool: Target vs. Top 10
Target stock is still off 40% from its 2007 high, but lately the shares have been on a tear, more than doubling since hitting bottom in March 2009. Chief executive Gregg Steinhafel intends to keep it that way with an extensive remodeling initiative. The company will spend some $1 billion this year renovating 340 of its 1,700-plus stores, and is exploring smaller store formats in dense urban markets.

In the meantime, the company has been actively launching a number of celebrity fashion ventures, including a footwear deal with Olympic snowboarder Shaun White, and clothing lines from designers Jean Paul Gaultier and Anna Sui. --P.N.

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Key financials $ millions % change
from 2008
Revenues 65,357.0 0.6
Profits 2,488.0 12.4
Assets 44,533.0
Stockholders' equity 15,347.0
Market value (3/26/2010) 43,132.6
Profits as % of  
Revenues 3.8
Assets 5.6
Stockholders' equity 16.2
Earnings per share  
2009 $ 3.30
% change from 2008 15.4
1999-2009 annual growth rate % 10.4
Total return to investors %
2009 42.5
1999-2009 annual rate 3.7
Rank Company 500
($ millions)
1 Wal-Mart Stores 1 408,214.0
2 Target 30 65,357.0
3 Sears Holdings 48 44,043.0
4 Macy's 103 23,489.0
5 J.C. Penney 133 17,556.0
6 Kohl's 135 17,178.0
7 Dollar General 195 11,796.4
8 Nordstrom 270 8,627.0
9 Family Dollar Stores 305 7,400.6
10 Dillard's 348 6,226.6
Issue date: May 3, 2010.
Figures are for fiscal year ended Jan. 31, 2010.
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Rank # of Fortune 500 Companies
California 57
Texas 57
New York 56
Company 2009 $ (millions)
Exxon Mobil $19,280.0
Microsoft $14,569.0
Wal-Mart Stores $14,335.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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