TJX COMPANIES INC (TJX) Stock Fundamental Analysis
NYSE:TJX • US8725401090
157.66 USD
-0.03 (-0.02%)
At close: Feb 24, 2026
158.721 USD
+1.06 (+0.67%)
After Hours: 2/24/2026, 8:04:00 PM
Taking everything into account, TJX scores 5 out of 10 in our fundamental rating. TJX was compared to 123 industry peers in the Specialty Retail industry. While TJX has a great profitability rating, there are some minor concerns on its financial health. TJX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- TJX had positive earnings in the past year.
- In the past year TJX had a positive cash flow from operations.
- Each year in the past 5 years TJX has been profitable.
- TJX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 14.55%, TJX belongs to the best of the industry, outperforming 92.68% of the companies in the same industry.
- The Return On Equity of TJX (54.70%) is better than 97.56% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 23.62%, TJX belongs to the top of the industry, outperforming 91.87% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for TJX is significantly above the industry average of 11.89%.
- The last Return On Invested Capital (23.62%) for TJX is above the 3 year average (21.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.55% | ||
| ROE | 54.7% | ||
| ROIC | 23.62% |
ROA(3y)14.23%
ROA(5y)10.91%
ROE(3y)58.06%
ROE(5y)46.09%
ROIC(3y)21.84%
ROIC(5y)17.51%
1.3 Margins
- TJX has a Profit Margin of 8.68%. This is amongst the best in the industry. TJX outperforms 86.99% of its industry peers.
- In the last couple of years the Profit Margin of TJX has grown nicely.
- TJX has a Operating Margin of 11.31%. This is amongst the best in the industry. TJX outperforms 85.37% of its industry peers.
- In the last couple of years the Operating Margin of TJX has remained more or less at the same level.
- With a Gross Margin value of 30.85%, TJX is not doing good in the industry: 64.23% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of TJX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.31% | ||
| PM (TTM) | 8.68% | ||
| GM | 30.85% |
OM growth 3Y4.52%
OM growth 5Y1.05%
PM growth 3Y8.47%
PM growth 5Y1.93%
GM growth 3Y1.68%
GM growth 5Y0.82%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TJX is creating value.
- Compared to 1 year ago, TJX has less shares outstanding
- The number of shares outstanding for TJX has been reduced compared to 5 years ago.
- The debt/assets ratio for TJX has been reduced compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of TJX is 0.65, which is an excellent value as it means it would take TJX, only 0.65 years of fcf income to pay off all of its debts.
- TJX has a Debt to FCF ratio of 0.65. This is amongst the best in the industry. TJX outperforms 82.93% of its industry peers.
- A Debt/Equity ratio of 0.20 indicates that TJX is not too dependend on debt financing.
- The Debt to Equity ratio of TJX (0.20) is better than 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 0.65 | ||
| Altman-Z | N/A |
ROIC/WACC2.5
WACC9.45%
2.3 Liquidity
- TJX has a Current Ratio of 1.09. 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 1.09. This is in the lower half of the industry: TJX underperforms 65.85% of its industry peers.
- TJX has a Quick Ratio of 1.09. 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 (0.43) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
- TJX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.59%.
- Measured over the past years, TJX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.71% on average per year.
- TJX shows a small growth in Revenue. In the last year, the Revenue has grown by 4.53%.
- The Revenue has been growing slightly by 6.20% on average over the past years.
EPS 1Y (TTM)6.59%
EPS 3Y14.34%
EPS 5Y9.71%
EPS Q2Q%12.28%
Revenue 1Y (TTM)4.53%
Revenue growth 3Y5.1%
Revenue growth 5Y6.2%
Sales Q2Q%7.49%
3.2 Future
- The Earnings Per Share is expected to grow by 9.63% on average over the next years. This is quite good.
- TJX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.34% yearly.
EPS Next Y10.91%
EPS Next 2Y10.71%
EPS Next 3Y10.92%
EPS Next 5Y9.63%
Revenue Next Year6.68%
Revenue Next 2Y6.31%
Revenue Next 3Y6.31%
Revenue Next 5Y6.34%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 34.80, the valuation of TJX can be described as expensive.
- The rest of the industry has a similar Price/Earnings ratio as TJX.
- The average S&P500 Price/Earnings ratio is at 26.98. TJX is valued slightly more expensive when compared to this.
- A Price/Forward Earnings ratio of 30.20 indicates a quite expensive valuation of TJX.
- TJX's Price/Forward Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.01, TJX is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.8 | ||
| Fwd PE | 30.2 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as TJX.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.63 | ||
| EV/EBITDA | 21.94 |
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.
- TJX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.19
PEG (5Y)3.58
EPS Next 2Y10.71%
EPS Next 3Y10.92%
5. Dividend
5.1 Amount
- TJX has a Yearly Dividend Yield of 1.09%.
- Compared to an average industry Dividend Yield of 2.21, TJX pays a bit more dividend than its industry peers.
- With a Dividend Yield of 1.09, TJX pays less dividend than the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
5.2 History
- The dividend of TJX is nicely growing with an annual growth rate of 10.53%!
- TJX has been paying a dividend for at least 10 years, so it has a reliable track record.
- TJX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.53%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- TJX pays out 35.03% of its income as dividend. This is a sustainable payout ratio.
- The dividend of TJX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP35.03%
EPS Next 2Y10.71%
EPS Next 3Y10.92%
157.66
-0.03 (-0.02%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)11-19 2025-11-19/bmo
Earnings (Next)02-25 2026-02-25/bmo
Inst Owners92.35%
Inst Owner Change-0.48%
Ins Owners0.08%
Ins Owner Change-1.48%
Market Cap175.08B
Revenue(TTM)58.98B
Net Income(TTM)5.12B
Analysts84.8
Price Target167.76 (6.41%)
Short Float %1.12%
Short Ratio2.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
Yearly Dividend1.46
Dividend Growth(5Y)10.53%
DP35.03%
Div Incr Years4
Div Non Decr Years4
Ex-Date02-12 2026-02-12 (0.425)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.59%
Min EPS beat(2)3.7%
Max EPS beat(2)7.47%
EPS beat(4)4
Avg EPS beat(4)4.14%
Min EPS beat(4)0.61%
Max EPS beat(4)7.47%
EPS beat(8)8
Avg EPS beat(8)4.58%
EPS beat(12)11
Avg EPS beat(12)4.5%
EPS beat(16)14
Avg EPS beat(16)3.77%
Revenue beat(2)2
Avg Revenue beat(2)0.85%
Min Revenue beat(2)0.77%
Max Revenue beat(2)0.94%
Revenue beat(4)2
Avg Revenue beat(4)0.35%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)0.94%
Revenue beat(8)4
Avg Revenue beat(8)0.09%
Revenue beat(12)7
Avg Revenue beat(12)0.28%
Revenue beat(16)7
Avg Revenue beat(16)-0.46%
PT rev (1m)0.58%
PT rev (3m)7.33%
EPS NQ rev (1m)0.19%
EPS NQ rev (3m)1.14%
EPS NY rev (1m)0.01%
EPS NY rev (3m)1.7%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.8 | ||
| Fwd PE | 30.2 | ||
| P/S | 2.97 | ||
| P/FCF | 39.63 | ||
| P/OCF | 27.27 | ||
| P/B | 18.71 | ||
| P/tB | 18.9 | ||
| EV/EBITDA | 21.94 |
EPS(TTM)4.53
EY2.87%
EPS(NY)5.22
Fwd EY3.31%
FCF(TTM)3.98
FCFY2.52%
OCF(TTM)5.78
OCFY3.67%
SpS53.11
BVpS8.43
TBVpS8.34
PEG (NY)3.19
PEG (5Y)3.58
Graham Number29.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.55% | ||
| ROE | 54.7% | ||
| ROCE | 31.49% | ||
| ROIC | 23.62% | ||
| ROICexc | 30.24% | ||
| ROICexgc | 30.41% | ||
| OM | 11.31% | ||
| PM (TTM) | 8.68% | ||
| GM | 30.85% | ||
| FCFM | 7.49% |
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 3Y1.68%
GM growth 5Y0.82%
F-Score6
Asset Turnover1.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 0.65 | ||
| Debt/EBITDA | 0.24 | ||
| Cap/Depr | 162.98% | ||
| Cap/Sales | 3.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.28% | ||
| Profit Quality | 86.31% | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | N/A |
F-Score6
WACC9.45%
ROIC/WACC2.5
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)6.59%
EPS 3Y14.34%
EPS 5Y9.71%
EPS Q2Q%12.28%
EPS Next Y10.91%
EPS Next 2Y10.71%
EPS Next 3Y10.92%
EPS Next 5Y9.63%
Revenue 1Y (TTM)4.53%
Revenue growth 3Y5.1%
Revenue growth 5Y6.2%
Sales Q2Q%7.49%
Revenue Next Year6.68%
Revenue Next 2Y6.31%
Revenue Next 3Y6.31%
Revenue Next 5Y6.34%
EBIT growth 1Y6.84%
EBIT growth 3Y9.84%
EBIT growth 5Y7.32%
EBIT Next Year30.44%
EBIT Next 3Y15.72%
EBIT Next 5Y11.64%
FCF growth 1Y-4.88%
FCF growth 3Y27.77%
FCF growth 5Y8.1%
OCF growth 1Y2.22%
OCF growth 3Y26%
OCF growth 5Y8.5%
TJX COMPANIES INC / TJX FAQ
Can you provide the ChartMill fundamental rating for TJX COMPANIES INC?
ChartMill assigns a fundamental rating of 5 / 10 to TJX.
What is the valuation status of TJX COMPANIES INC (TJX) stock?
ChartMill assigns a valuation rating of 2 / 10 to TJX COMPANIES INC (TJX). This can be considered as Overvalued.
What is the profitability of TJX stock?
TJX COMPANIES INC (TJX) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for TJX stock?
The Price/Earnings (PE) ratio for TJX COMPANIES INC (TJX) is 34.8 and the Price/Book (PB) ratio is 18.71.
What is the expected EPS growth for TJX COMPANIES INC (TJX) stock?
The Earnings per Share (EPS) of TJX COMPANIES INC (TJX) is expected to grow by 10.91% in the next year.