TJX Companies TJX

Apparel - Retail, Consumer Cyclical

$145.06

−1.57%

Market cap: $159.6B
PE: 26.8×; 10y median 26.1×
Forward PE: 26.8×; 10y median 23.8×
Price to sales: 2.6×
EV/EBIT: 22.1×
Revenue, 12 months: $62.4B; +8% on a year ago
Net margin: 9.7%
Free cash flow yield: 3.7%

TJX Companies trades at 26.8× trailing earnings, near its ten-year median. Revenue was $62.4B over the last twelve months, up 8% on a year earlier with a 10% net margin.

Charts

Financials

Income statement for TJX, by quarter
Income statement	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27	Q2 FY27
	$13.3B+9%	$16.4B+13%	$12.5B+6%	$13.5B+6%	$14.1B+6%	$16.4B−0%	$13.1B+5%	$14.4B+7%	$15.1B+8%	$17.7B+9%	$14.3B+9%	$15.2B+5%
Cost of revenue	$9.1B+6%	$11.5B+7%	$8.7B+4%	$9.4B+5%	$9.6B+5%	$11.4B−1%	$9.2B+6%	$10B+6%	$10.2B+6%	$12.3B+8%	$9.8B+7%	$10.1B+1%
Gross profit	$4.1B+16%	$4.9B+29%	$3.7B+10%	$4.1B+6%	$4.4B+8%	$5B+2%	$3.9B+3%	$4.4B+8%	$4.9B+11%	$5.5B+10%	$4.5B+16%	$5.1B+15%
SG&A	$2.6B+18%	$3.1B+25%	$2.4B+7%	$2.7B+4%	$2.7B+7%	$3.1B+1%	$2.5B+6%	$2.8B+5%	$3B+11%	$3.1B−0%	$2.8B+10%	$3.1B+10%
	$1.5B+14%	$1.8B+36%	$1.3B+14%	$1.4B+10%	$1.7B+9%	$1.8B+3%	$1.3B−2%	$1.6B+14%	$1.9B+12%	$2.4B+27%	$1.7B+28%	$2B+23%
Interest expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pre-tax income	$1.6B+17%	$1.8B+38%	$1.4B+15%	$1.5B+11%	$1.7B+9%	$1.9B+3%	$1.3B−3%	$1.6B+12%	$1.9B+10%	$2.4B+27%	$1.7B+28%	$2B+23%
	$398M+34%	$440M+46%	$320M+1%	$369M+9%	$439M+10%	$491M+12%	$310M−3%	$404M+10%	$474M+8%	$617M+26%	$389M+26%	$498M+23%
Net income	$1.2B+12%	$1.4B+35%	$1.1B+20%	$1.1B+11%	$1.3B+9%	$1.4B−0%	$1B−3%	$1.2B+13%	$1.4B+11%	$1.8B+27%	$1.3B+29%	$1.5B+22%
	$1.03+13%	$1.22+37%	$0.93+22%	$0.96+13%	$1.14+11%	$1.23+1%	$0.92−1%	$1.10+15%	$1.28+12%	$1.58+29%	$1.19+29%	$1.36+24%
	1.2B−1%	1.2B−2%	1.1B−2%	1.1B−2%	1.1B−2%	1.1B−1%	1.1B−1%	1.1B−1%	1.1B−1%	1.1B−1%	1.1B−1%	1.1B−1%

Gross profit: 37 periods, Q2 FY18 to Q2 FY27: not printed by the filing, worked out from its own lines.

Operating income: 73 periods, Q2 FY09 to Q2 FY27: not printed by the filing, worked out from its own lines.

Net income: 6 periods, Q4 FY10 to Q4 FY26: printed in the fourth-quarter results release.

EPS, diluted: Q4 FY09: quarter's net income to common over its shares, to the cent. 6 periods, Q4 FY10 to Q4 FY26: printed in the fourth-quarter results release.

Diluted shares: 10 periods, Q4 FY09 to Q4 FY20: share-days: the 12-month average less the 9-month, weighted by days. 6 periods, Q4 FY10 to Q4 FY26: printed in the fourth-quarter results release. Q4 FY12: share-days: the 12-month average over 364 days less the 9-month over 273, the two on one basis (x2). Q4 FY21: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: Nov 18, 2026.

Quarter	Revenue	Range	EPS	Range	Analysts
Q3 FY27	$15.9B	$15.8B to $15.9B	$1.34	$1.33 to $1.37	12
Q4 FY27	$18.6B	$18.5B to $18.7B	$1.49	$1.47 to $1.52	11
Q1 FY28	$15.1B	$14.9B to $15.3B	$1.24	$1.22 to $1.26	4
Q2 FY28	$16.2B	$16B to $16.4B	$1.34	$1.32 to $1.36	7
Q3 FY28	$16.9B	$16.8B to $17.2B	$1.48	$1.46 to $1.51	4
Q4 FY28	$19.9B	$19.7B to $20.2B	$1.68	$1.66 to $1.72	5
Q1 FY29	$16.7B	$16.5B to $16.9B	$1.41	$1.40 to $1.44	5
Q2 FY29	$16.9B	$16.8B to $17.2B	$1.52	$1.50 to $1.54	9

Peers

Companies in Consumer Cyclical nearest TJX Companies' size, closest first.

Company	Market cap	PE	Its 10y median PE	Fwd PE	P/S	Revenue growth	Net margin
TJXTJX Companies	$159.6B	26.8×	26.1×	26.8×	2.6×	+8%	9.7%
MCDMcDonald's	$175.8B	20.2×	26.0×	18.9×	6.3×	+6%	31.7%
BKNGBooking	$117.1B	17.2×	32.2×	14.0×	4.1×	+13%	25.5%
SBUXStarbucks	$114.9B	57.9×	30.3×	33.8×	3.0×	+4%	5.2%
LOWLowe's Companies	$111.5B	16.8×	21.2×	15.9×	1.2×	+8%	7.3%
ABNBAirbnb	$103B	39.1×	34.8×	30.1×	7.8×	+14%	20.4%
MARMarriott International	$101.9B	40.5×	30.8×	31.9×	3.8×	+5%	9.6%
MELIMercadoLibre	$91.8B	49.2×	74.2×	41.3×	2.6×	+46%	5.3%
HDHome Depot	$319.1B	22.4×	23.3×	20.8×	1.9×	+2%	8.4%
HLTHilton Worldwide	$78.7B	51.3×	36.4×	36.5×	6.3×	+9%	12.7%
RCLRoyal Caribbean Cruises	$73.9B	17.1×	17.0×	14.6×	4.0×	+9%	23.5%
Peer median	$107.2B	30.7×	30.5×	25.4×	3.9×	+8%	11.2%