Stocktoria

TJX COMPANIES INC /DE/ TJX

NYSE · stock · Retail-Family Clothing Stores · website · IPO 1965-11-17

TJX COMPANIES INC /DE/ statistics & valuation

Market cap$171.7B
P / E31.3×
P / S2.8×
P / B16.9×
P / FCF34.9×
Dividend yield1.07%
Net margin9.1%
Return on equity53.9%
FCF margin8.1%
Net cash$4.4B
Enterprise value USD$167.3B
Graham number -79.4%$31.46

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($31.46); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
6.90% 7.30% 7.90% 7.80% 0.30% 6.80% 7.00% 8.30% 8.60% 9.10% 2017201820192020202120222023202420252026
Gross margin (%)
2017201820192020202120222023202420252026
Operating margin (%)
12.80% 12.30% 12.20% 2017201820192020202120222023202420252026
Return on equity (%)
51.00% 50.70% 60.60% 55.00% 1.50% 54.70% 55.00% 61.30% 58.00% 53.90% 2017201820192020202120222023202420252026
Shares outstanding
1.33B 1.29B 1.26B 1.23B 1.22B 1.22B 1.18B 1.16B 1.14B 1.13B 2017201820192020202120222023202420252026
Net debt ($)
-$702.2M -$527.9M -$796.6M -$980.1M -$5.14B -$2.87B -$2.62B -$2.74B -$2.47B -$4.36B 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
17.80% 18.60% 21.40% 13.60% 0.30% 11.50% 12.30% 15.00% 15.30% 15.40% 2017201820192020202120222023202420252026
Free cash flow margin (%)
7.80% 5.50% 7.60% 6.80% 12.40% 4.10% 5.30% 8.00% 7.40% 8.10% 2017201820192020202120222023202420252026
Debt / equity (×)
0.49× 0.43× 0.44× 0.38× 0.91× 0.56× 0.45× 0.39× 0.34× 0.18× 2017201820192020202120222023202420252026
EPS ($)
$1.73 $2.02 $2.43 $2.67 $0.07 $2.70 $2.97 $3.86 $4.26 $4.87 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

TJX COMPANIES INC /DE/ trades at about 31.3× earnings — above its 10-year norm (10-year range 20.5×–942.7×, median 25.7×).

20.5× 942.7×

Shaded band = 10-year range (20.5×–942.7×); dot = today's 31.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating margin———————12.2%12.3%12.8%
Net margin9.1%8.6%8.3%7.0%6.8%0.3%7.8%7.9%7.3%6.9%
FCF margin8.1%7.4%8.0%5.3%4.1%12.4%6.8%7.6%5.5%7.8%
Return on assets15.4%15.3%15.0%12.3%11.5%0.3%13.6%21.4%18.6%17.8%
Return on equity53.9%58.0%61.3%55.0%54.7%1.5%55.0%60.6%50.7%51.0%
Debt / equity0.18×0.34×0.39×0.45×0.56×0.91×0.38×0.44×0.43×0.49×
Current ratio1.141.181.211.211.271.461.241.531.661.63

Computed from company filings · US · as of 2026-01-31. Facts plus Stocktoria's own computed scores — not investment advice.