TJX COMPANIES INC /DE/ TJX

Consumer discretionary SIC 5651 - Retail-Family Clothing Stores NYSE

The TJX Companies, Inc. (together with its subsidiaries, "TJX," the "Company," "we," or "our") is the leading off-price apparel and home fashions retailer in the United States and worldwide. We have over 5,200 stores and six branded e-commerce sites that offer a rapidly changing assortment of quality, fashionable, brand name and designer merchandise at prices generally 20% to 60% below full-price retailers' (including department, specialty, and major online retailers) regular prices on comparable merchandise, every day.

Our mission is to deliver great value to our customers every day. In our stores and online, we offer consumers our value proposition of brand, fashion, price and quality. Our opportunistic buying strategies and flexible business model differentiate us from traditional retailers. We offer a treasure hunt shopping experience and a rapid turn of inventories relative to traditional retailers. Our goal is to create a sense of excitement and urgency for our customers and encourage frequent customer visits. We acquire merchandise in a variety of ways to support that goal. We reach a broad range of customers across income levels with our value proposition on a wide range of items. Our strategies and operations are synergistic across our retail chains. As a result, we are able to leverage our expertise throughout our business, sharing information, best practices, initiatives and new ideas, and to develop talent across our company. Further, we can leverage the substantial buying power of our businesses with our global vendor relationships.

Last close 132.08 2026-09-04
Market cap $145.28B 2026-08-01 share count
52-week range 130.15 - 170.00

Valuation FY2025 figures against the last close

P/S2.4x
P/E27.1x
P/FCF29.5x
EV/EBITDA
Dividend yield1.3%
Diluted EPS4.87

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $60.37B$56.36B$54.22B$49.94B$48.55B$32.14B$41.72B$38.97B$35.86B$33.18B
Cost of revenue $41.68B$39.11B$37.95B$36.15B$34.71B$24.53B$29.85B$27.83B$25.50B$23.57B
Gross profit $18.69B$17.25B$16.27B$13.79B$13.84B$7.60B$11.87B$11.14B$10.36B$9.62B
SG&A $11.52B$10.95B$10.47B$8.93B$9.08B$7.02B$7.45B$6.92B$6.38B$5.77B
Operating income $4.76B$4.40B$4.26B
Interest expense $79.0M$78.0M$82.0M$91.0M$123.0M$199.0M$61.4M$69.1M$69.2M$69.2M
Pre-tax income $7.30B$6.48B$5.97B$4.64B$4.40B$89.0M$4.41B$4.17B$3.86B$3.72B
Income tax $1.80B$1.62B$1.49B$1.14B$1.11B$1.0M$1.13B$1.11B$1.25B$1.42B
Net income $5.49B$4.86B$4.47B$3.50B$3.28B$90.0M$3.27B$3.06B$2.61B$2.30B
EPS, basic 4.934.313.903.002.740.082.712.472.051.75
EPS, diluted 4.874.263.862.972.700.072.672.432.021.73
Shares, diluted (wtd. avg.) $1.13B$1.14B$1.16B$1.18B$1.22B$1.22B$1.23B$1.26B$1.29B$1.33B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $6.23B$5.33B$5.60B$5.48B$6.23B$10.47B$3.22B$3.03B$2.76B$2.93B
Short-term investments $0$506.2M$543.2M
Receivables $602.0M$549.0M$529.0M$563.0M$518.0M$461.1M$386.3M$346.3M$327.2M$258.8M
Inventory $7.30B$6.42B$5.96B$5.82B$5.96B$4.34B$4.87B$4.58B$4.19B$3.64B
Total current assets $15.20B$12.99B$12.66B$12.46B$13.26B$15.74B$8.89B$8.47B$8.49B$7.75B
Property, plant and equipment $8.22B$7.35B$6.57B$5.78B$5.27B$5.04B$5.33B$5.26B$5.01B$4.53B
Goodwill $96.0M$94.0M$95.0M$97.0M$97.0M$99.0M$95.5M$97.6M$100.1M$195.9M
Total assets $35.77B$31.75B$29.75B$28.35B$28.46B$30.81B$24.15B$14.33B$14.06B$12.88B
Accounts payable $4.58B$4.26B$3.86B$3.79B$4.46B$4.82B$2.67B$2.64B$2.49B$2.23B
Short-term debt $999.0M$0$0$500.0M$0$749.7M$0
Total current liabilities $13.36B$11.01B$10.45B$10.30B$10.47B$10.80B$7.15B$5.53B$5.13B$4.76B
Long-term debt $1.87B$2.87B$2.86B$2.86B$3.35B$5.33B$2.24B$2.23B$2.23B$2.23B
Retained earnings $9.43B$7.88B$6.70B$5.82B$5.51B$4.97B$5.42B$4.46B$4.33B$4.56B
Total equity $10.19B$8.39B$7.30B$6.36B$6.00B$5.83B$5.95B$5.05B$5.15B$4.51B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $6.87B$6.12B$6.06B$4.08B$3.06B$4.56B$4.07B$4.09B$3.03B$3.63B
Depreciation and amortisation $1.25B$1.10B$964.0M$887.0M$868.0M$871.0M$867.3M$819.7M$726.0M$658.8M
Stock-based compensation $214.0M$183.0M$160.0M$122.0M$189.0M$59.0M$125.0M$103.6M$101.4M$102.3M
Capital expenditure $1.96B$1.92B$1.72B$1.46B$1.04B$568.0M$1.22B$1.13B$1.06B$1.02B
Investing cash flow -$1.98B-$2.48B-$1.72B-$1.47B-$1.05B-$579.0M-$1.46B-$623.6M-$1.01B-$1.21B
Financing cash flow -$4.12B-$3.84B-$4.21B-$3.31B-$6.20B$3.23B-$2.41B-$3.10B-$2.30B-$1.59B
Dividends paid $1.84B$1.65B$1.48B$1.34B$1.25B$278.0M$1.07B$922.6M$764.0M$651.0M
Buybacks $2.52B$2.51B$2.48B$2.25B$2.18B$202.0M$1.55B$2.41B$1.64B$1.70B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000109198-26-000015.

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