Is TJX Companies financially healthy?

On 1 August 2026 TJX Companies held 6.00B USD in cash and short-term investments against total debt of 14.32B USD. Its current ratio is 1.15: what falls due within a year against what turns into cash within a year. Over the last twelve months it generated 5.88B USD of free cash flow.

Is TJX Companies growing?

TJX Companies's revenue grew 13.4% a year over its last five fiscal years, from 32.14B USD in fiscal year 2021 to 60.37B USD in fiscal year 2026. Over the last twelve months it was up 7.7% on the twelve months before.

Where can I find TJX Companies's annual report (10-K)?

TJX Companies files its annual report (Form 10-K) and its quarterly reports (Form 10-Q) with the US Securities and Exchange Commission, on its EDGAR site; the figures on these pages come from them.

TJX Companies
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TJX

Arincen ScoreBeta83/100

83/100B

144.730

USD

7.09

(5.15%)

Pre Open·142.130USD-2.600(-1.80%)

Last updated: 4 Nov, 18:08 GMT-5 · Delayed 15 min

Fair value178.07Plus-19%105Price 144.73268

Q3 FY2027 · Earnings report

EPS estimate 1.34Revenue estimate 15.85B

Q3 FY2027 · Earnings report

Wednesday 18 November

EPS estimate 1.34Revenue estimate 15.85B

Fair value178.07Plus-19%105Price 144.73268

Q3 FY2027 · Earnings report

EPS estimate 1.34Revenue estimate 15.85B

Q3 FY2027 · Earnings report

Wednesday 18 November

EPS estimate 1.34Revenue estimate 15.85B

Overview Financials Forecast Earnings Dividends Company

TJX Companies financials

Yes. TJX Companies earned 6.07B USD of net income over the last twelve months, 9.7% of its revenue. It made a profit in 39 of its 40 fiscal years since 1987. Its last loss was in fiscal year 1989.

Revenue (TTM): 62.36B USD
Net income (TTM): 6.07B USD
Free cash flow (TTM): 5.88B USD
Cash and short-term investments: 6.00B USD
Total debt: 14.32B USD
Shareholders' equity: 10.65B USD

Cash, debt and equity as of 1 Aug 2026.

TJX Companies earnings

Next earnings · Q3 FY2027

18 Nov 2026

EPS estimate

1.34 USD

Revenue estimate

15.85B USD

Last quarter · Q2 FY2027

EPS1.22Beat +2.5%Revenue15.18BBeat +0.1%

Revenue

ReportedEstimate

EPS

ReportedEstimate

Period	Report date	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
Q2 FY2028	—	1.33	—	—	+9.42%	16.18B	—	—	+6.56%
Q1 FY2028	—	1.24	—	—	+4.33%	15.09B	—	—	+5.38%
Q4 FY2027	—	1.48	—	—	+3.74%	18.61B	—	—	+4.88%
Q3 FY2027	18 Nov 2026	1.34	—	—	+4.69%	15.85B	—	—	+4.82%
Q2 FY2027	19 Aug 2026	1.19	1.22	+2.52%	+10.91%	15.16B	15.18B	+0.10%	+5.41%
Q1 FY2027	20 May 2026	1.02	1.19	+16.67%	+29.35%	14.02B	14.32B	+2.20%	+9.24%
Q4 FY2026	25 Feb 2026	1.39	1.43	+2.88%	+16.26%	17.36B	17.74B	+2.21%	+8.52%
Q3 FY2026	19 Nov 2025	1.23	1.28	+4.07%	+12.28%	14.85B	15.12B	+1.77%	+7.49%
Q2 FY2026	20 Aug 2025	1.01	1.10	+8.91%	+14.58%	14.14B	14.40B	+1.84%	+6.93%
Q1 FY2026	21 May 2025	0.92	0.92	+0.55%	-1.08%	13.02B	13.11B	+0.73%	+5.06%

Period	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
FY2029	6.46	—	—	+12.36%	73.03B	—	—	+7.48%
FY2028	5.75	—	—	+9.46%	67.95B	—	—	+6.20%
FY2027	5.26	—	—	+11.11%	63.98B	—	—	+5.97%
FY2026	4.68	4.73	+0.99%	+11.03%	59.99B	60.37B	+0.64%	+7.12%
FY2025	4.19	4.26	+1.63%	+10.36%	56.22B	56.36B	+0.25%	+3.95%
FY2024	3.76	3.86	+2.61%	+23.72%	53.99B	54.22B	+0.41%	+8.57%
FY2023	3.12	3.12	+0.06%	+9.47%	49.47B	49.94B	+0.94%	+2.86%

TJX Companies growth and profitability

Full income statement

Revenue (TTM): 62.36B USD
Net income (TTM): 6.07B USD
Gross margin: 32.09%
Operating margin: 12.83%
Net margin: 9.73%

Revenue / Net income

Revenue Net income Net margin

Period	Revenue	Growth	Net income	Growth	Gross margin	Operating margin	Net margin	EBITDA	Growth
FY2026	60.37B	+7.12%	5.49B	+12.95%	30.96%	11.89%	9.10%	8.55B	+11.52%
FY2025	56.36B	+3.95%	4.86B	+8.72%	30.60%	11.18%	8.63%	7.66B	+9.32%
FY2024	54.22B	+8.57%	4.47B	+27.90%	30.00%	10.69%	8.25%	7.01B	+25.02%
FY2023	49.94B	+2.85%	3.50B	+6.55%	27.61%	9.73%	7.00%	5.61B	+4.12%
FY2022	48.55B	+51.07%	3.28B	+3,547.78%	28.50%	9.79%	6.76%	5.39B	+366.64%

Period	Revenue	Net income	Gross margin	Operating margin	Net margin
Q2 FY2027	15.18B	1.52B	33.41%	13.09%	10.01%
Q1 FY2027	14.32B	1.33B	31.28%	11.77%	9.30%
Q4 FY2026	17.74B	1.77B	30.86%	13.27%	9.99%
Q3 FY2026	15.12B	1.44B	32.96%	13.04%	9.54%
Q2 FY2026	14.40B	1.24B	30.73%	11.25%	8.63%

How TJX Companies makes its money

Marmaxx36.59B 60.6%

HomeGoods10.17B 16.8%

TJX International7.99B 13.2%

TJX Canada5.63B 9.3%

Revenue60.37B 100.0%

Cost of revenue41.68B 69.0%

Gross profit18.69B 31.0%

Selling and administration11.52B 19.1%

Operating income7.18B 11.9%

Tax1.81B 3.0%

Net income5.49B 9.1%

FY2026, in USD. Each band is as wide as its money; the percentage is its share of revenue.

TJX Companies revenue breakdown

By product

FY2026

60.6%Marmaxx16.8%HomeGoods13.2%TJX International9.3%TJX Canada

Segment	Revenue	Share of revenue	Change on the year
Marmaxx	36.59B	60.6%	+5.7%
HomeGoods	10.17B	16.8%	+8.4%
TJX International	7.99B	13.2%	+11.2%
TJX Canada	5.63B	9.3%	+8.5%

By region

FY2026

58.7%TJX International41.3%TJX Canada

Region	Revenue	Share of revenue	Change on the year
TJX International	7.99B	58.7%	—
TJX Canada	5.63B	41.3%	—

Operating and free cash flow

Full cash flow statement

Operating cash flow Free cash flow

Fiscal year	Operating cash flow	Free cash flow
FY2026	6.87B	4.92B
FY2025	6.12B	4.20B
FY2024	6.06B	4.34B
FY2023	4.08B	2.63B
FY2022	3.06B	2.01B
FY2021	4.56B	3.99B
FY2020	4.07B	2.84B
FY2019	4.09B	2.96B
FY2018	3.03B	1.97B
FY2017	3.63B	2.60B

TJX Companies financial health

Full balance sheet

Cash and short-term investments: 6.00B USD
Total debt: 14.32B USD
Net cash: -8.31B USD
Free cash flow (TTM): 5.88B USD
Current ratio: 1.15
Debt to equity: 1.34
Piotroski score: 7 / 9
Altman Z-score: 6.27

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow

Fiscal year	Cash and short-term investments	Total debt	Free cash flow
FY2026	6.23B	13.49B	4.92B
FY2025	5.34B	12.78B	4.20B
FY2024	5.60B	12.54B	4.34B
FY2023	5.48B	12.74B	2.63B
FY2022	6.23B	12.51B	2.01B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity

Fiscal year	Total assets	Total liabilities	Shareholders' equity
FY2026	35.77B	25.58B	10.19B
FY2025	31.75B	23.36B	8.39B
FY2024	29.75B	22.45B	7.30B
FY2023	28.35B	21.99B	6.36B
FY2022	28.46B	22.46B	6.00B
FY2021	30.81B	24.98B	5.83B
FY2020	24.15B	18.20B	5.95B
FY2019	14.33B	9.28B	5.05B
FY2018	14.06B	8.91B	5.15B
FY2017	12.88B	8.37B	4.51B

TJX Companies valuation

Price to earnings ratio (TTM): 26.75
Forward P/E (FY2027): 27.54
Price to sales (TTM): 2.55
Price to book: 14.95
EV / EBITDA (TTM): 18.47

Capital structure

Market capitalization

159.20B USD

Total debt

14.32B USD

−

Cash and short-term investments

6.00B USD

Enterprise value

167.51B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate

Fiscal year	P/E	Forward P/E	P/S	P/B	EV/EBITDA
FY2029 (est.)	22.39	—	—	—	—
FY2028 (est.)	25.16	22.39	—	—	—
FY2027 (est.)	27.54	25.16	—	—	—
Now (TTM)	26.75	25.69	2.55	14.95	18.47
FY2026	30.64	28.51	2.79	16.54	20.57
FY2025	28.95	26.64	2.50	16.77	19.34
FY2024	24.34	22.65	2.01	14.90	16.51
FY2023	27.29	21.76	1.91	15.00	18.32
FY2022	26.27	23.09	1.78	14.39	17.20

TJX Companies against its own history

Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Lowe's Companies, Booking Holdings, McDonald's, Starbucks, Marriott International, and Airbnb, the US Consumer Cyclical companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

P/E (today)Below its median26.8
19.935.6
Gross marginHighest in 5 years31.0%
27.6%31.0%
Against its peers: 6 of 7Peers' median 62.6%
Operating marginHighest in 5 years11.9%
9.7%11.9%
Against its peers: 5 of 7Peers' median 18.5%
Net marginHighest in 5 years9.1%
6.8%9.1%
Against its peers: 5 of 7Peers' median 15.0%
Return on equityLowest in 5 years53.9%
53.9%61.3%
Free cash flow marginHighest in 5 years8.1%
4.1%8.1%
Against its peers: 7 of 7Peers' median 18.3%
Revenue growthAt its median7.1%
2.9%51.1%
Against its peers: 3 of 7Peers' median 4.0%
EPS growthAt its median14.6%
10.0%3,524.2%
Against its peers: 2 of 7Peers' median 1.5%
Debt to EBITDALowest in 5 years1.58×
1.58×2.32×
Against its peers: 2 of 7Peers' median 3.58×
Current ratioLowest in 5 years1.14
1.141.27
Against its peers: 3 of 7Peers' median 1.02

Figure	FY2026	5-year low – high	Against its history	Against its peers
P/E (today)	26.8	19.935.6	Below its median	—
Gross margin	31.0%	27.6%31.0%	Highest in 5 years	6 of 7
Operating margin	11.9%	9.7%11.9%	Highest in 5 years	5 of 7
Net margin	9.1%	6.8%9.1%	Highest in 5 years	5 of 7
Return on equity	53.9%	53.9%61.3%	Lowest in 5 years	—
Free cash flow margin	8.1%	4.1%8.1%	Highest in 5 years	7 of 7
Revenue growth	7.1%	2.9%51.1%	At its median	3 of 7
EPS growth	14.6%	10.0%3,524.2%	At its median	2 of 7
Debt to EBITDA	1.58×	1.58×2.32×	Lowest in 5 years	2 of 7
Current ratio	1.14	1.141.27	Lowest in 5 years	3 of 7

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

TJX Companies dividends

Annual dividend: 1.92 USD
Dividend yield (indicated): 1.33%
Payout ratio: 42.33%
Years of dividend growth: 6
Frequency: Quarterly
Last payment: 0.48 USD
Last ex-dividend date: 12 Nov 2026
Last payment date: 3 Dec 2026

Dividends per share

Year	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Dividends per share	1.65	1.46	1.29	1.15	1.04	0.23	0.89	0.74	0.60	0.50

TJX Companies ownership

Institutions: 91.42%
Institutional holders: 2,842 (+23)
Free float: 99.83%

InstitutionsOthers

As of 30 Jun 2026

Insider trading

Quarter	Sales	Shares acquired	Shares disposed of
Q3 2026	0	621.42	0.00
Q2 2026	8	49.49K	274.17K
Q1 2026	1	479.46K	224.63K
Q4 2025	3	0.00	58.53K

Shares outstanding

Basic shares Diluted shares Change in diluted shares

Fiscal year	Basic shares	Diluted shares	Change in diluted shares
FY2026	1.13B	1.13B	-1.49%
FY2025	1.13B	1.14B	-1.47%
FY2024	1.15B	1.16B	-1.61%
FY2023	1.17B	1.18B	-3.09%
FY2022	1.20B	1.22B	+0.07%

Common questions about TJX Companies's financials

Source: Financial Modeling Prep

TJX Companies
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Quotes are delayed by 15 minutes

TJX

TJX Companies financials

TJX Companies earnings

Revenue

EPS

TJX Companies growth and profitability

Revenue / Net income

How TJX Companies makes its money

TJX Companies revenue breakdown

By product

By region

Operating and free cash flow

TJX Companies financial health

Cash, debt and free cash flow

Assets, liabilities and equity

TJX Companies valuation

Capital structure

Valuation over time

TJX Companies against its own history

TJX Companies dividends

Dividends per share

TJX Companies ownership

Insider trading

Shares outstanding

Common questions about TJX Companies's financials

Is TJX Companies profitable?

Is TJX Companies financially healthy?

Is TJX Companies growing?

Where can I find TJX Companies's annual report (10-K)?

Need help?

TJX Companies DQuotes are delayed by 15 minutes

TJX

TJX Companies financials

TJX Companies earnings

Revenue

EPS

TJX Companies growth and profitability

Revenue / Net income

How TJX Companies makes its money

TJX Companies revenue breakdown

By product

By region

Operating and free cash flow

TJX Companies financial health

Cash, debt and free cash flow

Assets, liabilities and equity

TJX Companies valuation

Capital structure

Valuation over time

TJX Companies against its own history

TJX Companies dividends

Dividends per share

TJX Companies ownership

Insider trading

Shares outstanding

Common questions about TJX Companies's financials

Is TJX Companies profitable?

Is TJX Companies financially healthy?

Is TJX Companies growing?

Where can I find TJX Companies's annual report (10-K)?

Need help?

TJX Companies
D
Quotes are delayed by 15 minutes