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TJX COMPANIES INC (TJX) Stock Fundamental Analysis

USA - NYSE:TJX - US8725401090 - Common Stock

143.06 USD
-0.85 (-0.59%)
Last: 10/22/2025, 8:05:19 PM
143 USD
-0.06 (-0.04%)
After Hours: 10/22/2025, 8:05:19 PM
Fundamental Rating

6

TJX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 119 industry peers in the Specialty Retail industry. TJX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, TJX is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

In the past year TJX was profitable.
TJX had a positive operating cash flow in the past year.
Each year in the past 5 years TJX has been profitable.
Each year in the past 5 years TJX had a positive operating cash flow.
TJX Yearly Net Income VS EBIT VS OCF VS FCFTJX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

1.2 Ratios

The Return On Assets of TJX (15.13%) is better than 91.60% of its industry peers.
TJX has a Return On Equity of 56.10%. This is amongst the best in the industry. TJX outperforms 97.48% of its industry peers.
Looking at the Return On Invested Capital, with a value of 22.51%, TJX belongs to the top of the industry, outperforming 89.92% of the companies in the same industry.
TJX had an Average Return On Invested Capital over the past 3 years of 21.84%. This is significantly above the industry average of 12.29%.
The last Return On Invested Capital (22.51%) for TJX is above the 3 year average (21.84%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 15.13%
ROE 56.1%
ROIC 22.51%
ROA(3y)14.23%
ROA(5y)10.91%
ROE(3y)58.06%
ROE(5y)46.09%
ROIC(3y)21.84%
ROIC(5y)17.51%
TJX Yearly ROA, ROE, ROICTJX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

1.3 Margins

The Profit Margin of TJX (8.59%) is better than 85.71% of its industry peers.
TJX's Profit Margin has improved in the last couple of years.
TJX has a Operating Margin of 11.18%. This is amongst the best in the industry. TJX outperforms 85.71% of its industry peers.
In the last couple of years the Operating Margin of TJX has remained more or less at the same level.
Looking at the Gross Margin, with a value of 30.57%, TJX is doing worse than 63.87% of the companies in the same industry.
TJX's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 11.18%
PM (TTM) 8.59%
GM 30.57%
OM growth 3Y4.52%
OM growth 5Y1.05%
PM growth 3Y8.47%
PM growth 5Y1.93%
GM growth 3Y-4.63%
GM growth 5Y-2.98%
TJX Yearly Profit, Operating, Gross MarginsTJX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

8

2. Health

2.1 Basic Checks

TJX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, TJX has less shares outstanding
TJX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TJX has been reduced compared to a year ago.
TJX Yearly Shares OutstandingTJX Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
TJX Yearly Total Debt VS Total AssetsTJX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

TJX has an Altman-Z score of 6.81. This indicates that TJX is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.81, TJX belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
The Debt to FCF ratio of TJX is 0.71, which is an excellent value as it means it would take TJX, only 0.71 years of fcf income to pay off all of its debts.
TJX's Debt to FCF ratio of 0.71 is amongst the best of the industry. TJX outperforms 83.19% of its industry peers.
TJX has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TJX (0.32) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 0.71
Altman-Z 6.81
ROIC/WACC2.39
WACC9.4%
TJX Yearly LT Debt VS Equity VS FCFTJX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.3 Liquidity

TJX has a Current Ratio of 1.17. This is a normal value and indicates that TJX is financially healthy and should not expect problems in meeting its short term obligations.
TJX has a Current ratio of 1.17. This is in the lower half of the industry: TJX underperforms 62.18% of its industry peers.
TJX has a Quick Ratio of 1.17. This is a bad value and indicates that TJX is not financially healthy enough and could expect problems in meeting its short term obligations.
TJX has a Quick ratio of 0.52. This is comparable to the rest of the industry: TJX outperforms 51.26% of its industry peers.
TJX does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.17
Quick Ratio 0.52
TJX Yearly Current Assets VS Current LiabilitesTJX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

4

3. Growth

3.1 Past

The Earnings Per Share has been growing slightly by 6.04% over the past year.
TJX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.71% yearly.
The Revenue has been growing slightly by 4.14% in the past year.
The Revenue has been growing slightly by 6.20% on average over the past years.
EPS 1Y (TTM)6.04%
EPS 3Y14.34%
EPS 5Y9.71%
EPS Q2Q%14.58%
Revenue 1Y (TTM)4.14%
Revenue growth 3Y5.1%
Revenue growth 5Y6.2%
Sales Q2Q%6.93%

3.2 Future

TJX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.66% yearly.
TJX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.75% yearly.
EPS Next Y8.92%
EPS Next 2Y9.52%
EPS Next 3Y9.47%
EPS Next 5Y9.66%
Revenue Next Year6.09%
Revenue Next 2Y5.93%
Revenue Next 3Y5.93%
Revenue Next 5Y5.75%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
TJX Yearly Revenue VS EstimatesTJX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 20B 40B 60B 80B
TJX Yearly EPS VS EstimatesTJX Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 2 4 6 8

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 32.59, which means the current valuation is very expensive for TJX.
The rest of the industry has a similar Price/Earnings ratio as TJX.
TJX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.57, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 28.00, TJX can be considered very expensive at the moment.
TJX's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.09. TJX is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 32.59
Fwd PE 28
TJX Price Earnings VS Forward Price EarningsTJX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, TJX is valued a bit more expensive than the industry average as 60.50% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TJX is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 39.4
EV/EBITDA 20.57
TJX Per share dataTJX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TJX does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of TJX may justify a higher PE ratio.
PEG (NY)3.65
PEG (5Y)3.36
EPS Next 2Y9.52%
EPS Next 3Y9.47%

5

5. Dividend

5.1 Amount

TJX has a Yearly Dividend Yield of 1.19%.
TJX's Dividend Yield is a higher than the industry average which is at 5.51.
With a Dividend Yield of 1.19, TJX pays less dividend than the S&P500 average, which is at 2.32.
Industry RankSector Rank
Dividend Yield 1.19%

5.2 History

On average, the dividend of TJX grows each year by 10.48%, which is quite nice.
TJX has paid a dividend for at least 10 years, which is a reliable track record.
TJX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.48%
Div Incr Years4
Div Non Decr Years4
TJX Yearly Dividends per shareTJX Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

TJX pays out 35.04% of its income as dividend. This is a sustainable payout ratio.
TJX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP35.04%
EPS Next 2Y9.52%
EPS Next 3Y9.47%
TJX Yearly Income VS Free CF VS DividendTJX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B
TJX Dividend Payout.TJX Dividend Payout, showing the Payout Ratio.TJX Dividend Payout.PayoutRetained Earnings

TJX COMPANIES INC

NYSE:TJX (10/22/2025, 8:05:19 PM)

After market: 143 -0.06 (-0.04%)

143.06

-0.85 (-0.59%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)08-20 2025-08-20/bmo
Earnings (Next)11-19 2025-11-19/bmo
Inst Owners93.12%
Inst Owner Change0.02%
Ins Owners0.09%
Ins Owner Change-0.09%
Market Cap159.22B
Revenue(TTM)57.92B
Net Income(TTM)4.97B
Analysts84
Price Target152.96 (6.92%)
Short Float %1.41%
Short Ratio3.12
Dividend
Industry RankSector Rank
Dividend Yield 1.19%
Yearly Dividend1.46
Dividend Growth(5Y)10.48%
DP35.04%
Div Incr Years4
Div Non Decr Years4
Ex-Date11-13 2025-11-13 (0.425)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.04%
Min EPS beat(2)0.61%
Max EPS beat(2)7.47%
EPS beat(4)4
Avg EPS beat(4)4.03%
Min EPS beat(4)0.61%
Max EPS beat(4)7.47%
EPS beat(8)8
Avg EPS beat(8)4.5%
EPS beat(12)11
Avg EPS beat(12)4.74%
EPS beat(16)14
Avg EPS beat(16)3.74%
Revenue beat(2)1
Avg Revenue beat(2)0.34%
Min Revenue beat(2)-0.25%
Max Revenue beat(2)0.94%
Revenue beat(4)1
Avg Revenue beat(4)0.11%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)0.94%
Revenue beat(8)4
Avg Revenue beat(8)0.03%
Revenue beat(12)6
Avg Revenue beat(12)0.05%
Revenue beat(16)7
Avg Revenue beat(16)-0.44%
PT rev (1m)0%
PT rev (3m)5.86%
EPS NQ rev (1m)0.17%
EPS NQ rev (3m)-0.52%
EPS NY rev (1m)0.64%
EPS NY rev (3m)2.14%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)0.85%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.52%
Valuation
Industry RankSector Rank
PE 32.59
Fwd PE 28
P/S 2.75
P/FCF 39.4
P/OCF 26.83
P/B 17.96
P/tB 18.15
EV/EBITDA 20.57
EPS(TTM)4.39
EY3.07%
EPS(NY)5.11
Fwd EY3.57%
FCF(TTM)3.63
FCFY2.54%
OCF(TTM)5.33
OCFY3.73%
SpS52.05
BVpS7.97
TBVpS7.88
PEG (NY)3.65
PEG (5Y)3.36
Graham Number28.05
Profitability
Industry RankSector Rank
ROA 15.13%
ROE 56.1%
ROCE 30.01%
ROIC 22.51%
ROICexc 28.68%
ROICexgc 28.84%
OM 11.18%
PM (TTM) 8.59%
GM 30.57%
FCFM 6.98%
ROA(3y)14.23%
ROA(5y)10.91%
ROE(3y)58.06%
ROE(5y)46.09%
ROIC(3y)21.84%
ROIC(5y)17.51%
ROICexc(3y)30.48%
ROICexc(5y)25.26%
ROICexgc(3y)30.69%
ROICexgc(5y)25.45%
ROCE(3y)29.12%
ROCE(5y)23.34%
ROICexgc growth 3Y0.34%
ROICexgc growth 5Y4.93%
ROICexc growth 3Y0.41%
ROICexc growth 5Y4.95%
OM growth 3Y4.52%
OM growth 5Y1.05%
PM growth 3Y8.47%
PM growth 5Y1.93%
GM growth 3Y-4.63%
GM growth 5Y-2.98%
F-Score6
Asset Turnover1.76
Health
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 0.71
Debt/EBITDA 0.37
Cap/Depr 160.65%
Cap/Sales 3.27%
Interest Coverage 250
Cash Conversion 77.53%
Profit Quality 81.24%
Current Ratio 1.17
Quick Ratio 0.52
Altman-Z 6.81
F-Score6
WACC9.4%
ROIC/WACC2.39
Cap/Depr(3y)172.21%
Cap/Depr(5y)140.45%
Cap/Sales(3y)3.17%
Cap/Sales(5y)2.68%
Profit Quality(3y)86.1%
Profit Quality(5y)946.84%
High Growth Momentum
Growth
EPS 1Y (TTM)6.04%
EPS 3Y14.34%
EPS 5Y9.71%
EPS Q2Q%14.58%
EPS Next Y8.92%
EPS Next 2Y9.52%
EPS Next 3Y9.47%
EPS Next 5Y9.66%
Revenue 1Y (TTM)4.14%
Revenue growth 3Y5.1%
Revenue growth 5Y6.2%
Sales Q2Q%6.93%
Revenue Next Year6.09%
Revenue Next 2Y5.93%
Revenue Next 3Y5.93%
Revenue Next 5Y5.75%
EBIT growth 1Y6.18%
EBIT growth 3Y9.84%
EBIT growth 5Y7.32%
EBIT Next Year28.17%
EBIT Next 3Y14.8%
EBIT Next 5Y10.86%
FCF growth 1Y-11.77%
FCF growth 3Y27.77%
FCF growth 5Y8.1%
OCF growth 1Y-3.71%
OCF growth 3Y26%
OCF growth 5Y8.5%