Off-price retailer of apparel and home fashions operating T.J. Maxx, Marshalls, HomeGoods, and other brands.
Profile & Fundamentals
The TJX Companies: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
The TJX Companies Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer worldwide. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company provides family apparel comprising footwear; accessories, such as beauty and jewelry; home fashion products, including home basics, decorative accessories and giftware, as well as furniture, rugs, lighting, soft home, decorative accessories, tabletop, and cookware; pet and gourmet food; and other merchandise. It also offers home decor, furniture, and seasonal home merchandise. The company sells its products through stores and e-commerce sites. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.
Company profile record
The TJX Companies Inc
Common Stock · Consumer Discretionary · Apparel Retail
Company
- Company / asset
- The TJX Companies Inc
- Security type
- Common Stock
- Sector
- Consumer Discretionary
- Industry
- Apparel Retail
- HQ
- 🇺🇸 United States
- Head office
- 770 Cochituate Road, Framingham, MA, United States, 01701
Leadership & scale
- Chief executive
- Mr. Ernie L. Herrman
- CEO year born
- 1961
- Full-time employees
- 377K
- Fiscal year end
- January
- IPO date
- 1988-01-05
Fundamentals snapshot
- Market Cap
- USD 153.1B
- P/E
- 25.2x
- Revenue (Q3 26)
- USD 15.2B
- Profit (Q3 26)
- USD 1.5B
- Dividend Yield
- 0.9%
- Revenue (FY 26)
- USD 60.4B
- Shares in public float
- 1.1B
- Insider ownership
- 0.16%
Reporting & identifiers
- Symbol
- TJX.NYSE
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US8725401090
- Asset ID
- equity_7b5c3d6c-cf15-5fe4-99d4-cd6ecb8c53f2
Ownership
Shares Outstanding
Latest: 1.1B | Max: 1.3B | Min: 1.1B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
98.25%
1.1B latest reported shares
Insider Ownership
0.15%
Latest reported insider stake
Short Float
0.02%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
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| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 1,285,762,000 |
| 2018-01-01 | 1,257,562,000 |
| 2019-01-01 | 1,224,288,000 |
| 2020-01-01 | 1,214,195,000 |
| 2021-01-01 | 1,215,690,000 |
| 2022-01-01 | 1,172,267,000 |
| 2023-01-01 | 1,158,000,000 |
| 2024-01-01 | 1,141,000,000 |
| 2025-01-01 | 1,126,000,000 |
| 2026-01-01 | 1,117,000,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 107,502,817 | 9.77% | 2026-03-31 |
| Vanguard Capital Management, LLC | 72,159,738 | 6.56% | 2026-03-31 |
| State Street Corp | 48,321,197 | 4.39% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 35,138,304 | 3.19% | 2026-08-31 |
| Vanguard 500 Index Investor | 29,378,737 | 2.67% | 2026-08-31 |
| Geode Capital Management, LLC | 29,194,059 | 2.65% | 2026-03-31 |
| FMR Inc | 27,548,642 | 2.5% | 2026-03-31 |
| Morgan Stanley - Brokerage Accounts | 26,724,660 | 2.43% | 2026-03-31 |
| Bank of America Corp | 25,212,075 | 2.29% | 2026-03-31 |
| Vanguard Portfolio Management, LLC | 19,812,705 | 1.8% | 2026-03-31 |
| JPMorgan Chase & Co | 17,876,113 | 1.63% | 2026-03-31 |
| iShares Core S&P 500 ETF | 14,725,675 | 1.34% | 2026-08-31 |
| NORGES BANK | 14,473,106 | 1.32% | 2026-06-30 |
| Fidelity 500 Index | 14,299,331 | 1.3% | 2026-07-31 |
| Northern Trust Corp | 13,633,062 | 1.24% | 2026-03-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The headline financial performance shows impressive sales and earnings expansion, with fiscal 2026 revenue reaching $60.4 billion and trailing twelve-month revenue climbing past $62.4 billion. Operating income has expanded robustly, propelled by solid customer store traffic and market share gains captured from retreating traditional department stores. The business reliably converts accounting profits into substantial owner cash, generating $5.88 billion in trailing free cash flow. However, retail investors must look closely at what headline numbers conceal. Recent second-quarter fiscal 2027 net income growth was temporarily flattered by a non-recurring $0.14 per share tariff refund. Core Marmaxx comparable store sales slowed to 1% due to temporary merchandising misallocations, even as HomeGoods and international units comped at 6% to 7%. Adjusted earnings growth remains solid, but future performance relies strictly on core store productivity rather than one-time legal windfalls.
The headline financial performance shows impressive sales and earnings expansion, with fiscal 2026 revenue reaching $60.4 billion and trailing twelve-month revenue climbing past $62.4 billion. Operating income has expanded robustly, propelled by solid customer store traffic and market share gains captured from retreating traditional department stores. The business reliably converts accounting profits into substantial owner cash, generating $5.88 billion in trailing free cash flow. However, retail investors must look closely at what headline numbers conceal. Recent second-quarter fiscal 2027 net income growth was temporarily flattered by a non-recurring $0.14 per share tariff refund. Core Marmaxx comparable store sales slowed to 1% due to temporary merchandising misallocations, even as HomeGoods and international units comped at 6% to 7%. Adjusted earnings growth remains solid, but future performance relies strictly on core store productivity rather than one-time legal windfalls.
Revenue, Net Income, and Free Cash Flow
Latest: USD 60.4B | Max: USD 60.4B | Min: USD 90.0M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 30x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability has exhibited consistent structural improvement, with gross margins widening to 31.0% and operating margins reaching 11.89% in fiscal 2026. This expansion stems from exceptional inventory turnover, favorable sourcing discounts extracted from wholesale apparel manufacturers, and disciplined promotional markdowns. Even after stripping out temporary tariff refunds, underlying adjusted operating margins hold firm near 11.9%. This margin durability confirms genuine pricing power rooted in value perception. While full-price retailers must resort to steep clearance discounting during economic downturns, off-price retail preserves profitability by selling branded goods at pre-discounted wholesale spreads. Efficient logistics and higher merchandise markups successfully neutralize persistent store-level wage increases and freight surcharges, anchoring operating margins safely above 11.5%.
Profitability has exhibited consistent structural improvement, with gross margins widening to 31.0% and operating margins reaching 11.89% in fiscal 2026. This expansion stems from exceptional inventory turnover, favorable sourcing discounts extracted from wholesale apparel manufacturers, and disciplined promotional markdowns. Even after stripping out temporary tariff refunds, underlying adjusted operating margins hold firm near 11.9%. This margin durability confirms genuine pricing power rooted in value perception. While full-price retailers must resort to steep clearance discounting during economic downturns, off-price retail preserves profitability by selling branded goods at pre-discounted wholesale spreads. Efficient logistics and higher merchandise markups successfully neutralize persistent store-level wage increases and freight surcharges, anchoring operating margins safely above 11.5%.
Profitability Margins
Latest: 31.0% | Max: 31.0% | Min: 0.3%
Latest Profitability Ratios as of 2026-01-31
Gross Margin
31.0%
Gross profit / revenue
Operating Margin
11.9%
Operating income / revenue
Net Margin
9.1%
Net income / revenue
FCF Margin
8.1%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2017-01-31 | 33,183,744,000 | 2,298,234,000 | 2,577,200,000 |
| 2018-01-31 | 35,864,664,000 | 2,607,948,000 | 1,968,000,000 |
| 2019-01-31 | 38,972,934,000 | 3,059,798,000 | 2,963,400,000 |
| 2020-01-31 | 41,716,977,000 | 3,272,193,000 | 2,843,600,000 |
| 2021-01-31 | 32,137,000,000 | 90,000,000 | 3,993,900,000 |
| 2022-01-31 | 48,550,000,000 | 3,283,000,000 | 2,012,700,000 |
| 2023-01-31 | 49,936,000,000 | 3,498,000,000 | 2,627,000,000 |
| 2024-01-31 | 54,217,000,000 | 4,474,000,000 | 4,335,000,000 |
| 2025-01-31 | 56,360,000,000 | 4,864,000,000 | 4,198,000,000 |
| 2026-01-31 | 60,372,000,000 | 5,494,000,000 | 4,917,000,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2026-01-31 | 30.46 | Trailing four quarters |
| 2025-01-31 | 28.89 | Trailing four quarters |
| 2024-01-31 | 24.2 | Trailing four quarters |
| 2023-01-31 | 27.1 | Annual net income |
| 2022-01-31 | 25.7 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2017-01-31 | 28.98 | 11.6 | 6.93 | 7.77 |
| 2018-01-31 | 28.89 | 11.12 | 7.27 | 5.49 |
| 2019-01-31 | 28.59 | 10.82 | 7.85 | 7.6 |
| 2020-01-31 | 28.46 | 10.59 | 7.84 | 6.82 |
| 2021-01-31 | 23.66 | 1.81 | 0.28 | 12.43 |
| 2022-01-31 | 28.5 | 9.79 | 6.76 | 4.15 |
| 2023-01-31 | 27.61 | 9.73 | 7 | 5.26 |
| 2024-01-31 | 30 | 10.69 | 8.25 | 8 |
| 2025-01-31 | 30.6 | 11.18 | 8.63 | 7.45 |
| 2026-01-31 | 30.96 | 11.89 | 9.1 | 8.14 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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