Founded in 1987, TJX Companies is the world's largest off-price apparel and home fashions retailer, operating more than 5,000 stores across nine countries. In fiscal 2026, the company generated roughly $60 billion in sales.
It is a $153B consumer company. Revenue grew 7.7% over the last year, it keeps 10¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 25.2× earnings — in the cheapest third of its own history.
- Website
- tjx.com
- Location
- Framingham, MA
- Employees
- 377 000
- Sector
- Consumer Cyclical
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong profitability and quality.
Valuation69
- P/E vs own history18th pct · 25/25
- FCF yield3.8% · 12/25
- P/S2.4x · 20/25
- EV/EBITDA16.2x · 12/25
Growth69
- Revenue CAGR5.6% · 12/25
- Net income CAGR13.7% · 20/25
- EPS CAGR ~5Y130.7% · 25/25
- Fwd implied growth7.0% · 12/25
Profitability75
- ROIC94.2% · 25/25
- ROE59.8% · 25/25
- Net margin9.7% · 13/25
- Operating margin12.7% · 12/25
Health62
- Altman Zn/a · 0/25
- Current ratio1.15 · 12/25
- Interest coverage773.7x · 25/25
- Net cash / debtNet cash · 25/25
Quality87
- Piotroski F8/9 · 25/25
- Beneish M-2.39 · 20/25
- FCF conversion97% · 22/25
- Margin stabilityσ 7.2% · 20/25
Moat68
- ROIC >12% years10/11 yrs · 25/25
- Median gross margin28.5% · 6/25
- FCF-positive years11/11 yrs · 25/25
- Worst-year net marginworst 0.3% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2026FinancialBest year on record$5.49B net income
- FY2024FinancialRevenue crossed $50B$54.2B for the year
- 2019MilestoneThe chain rebranded to Sierra in 2019
- 2019AcquisitionTJX purchased a 25% stake in Russian retailer Familia
- FY2016FinancialProfitable every year on record11 consecutive profitable years in our data
- FY2016FinancialRevenue already above $10B$30.9B in first reported year
- FY2016FinancialPositive free cash flow every year since11-year streak
- 2015AcquisitionTJX acquired the Trade Secret and Home Secret off-price retail businesses from Australian company…
- 2012AcquisitionTJX acquired Sierra Trading Post, an off-price internet retailer of outdoor gear and apparel
- 2008ProductTJX launched the HomeSense brand in the UK, with six stores opening throughout May
- 2003AcquisitionTJX acquired an eighth brand division, Bob's Stores, concentrated in New England
- 1995AcquisitionTJX doubled in size when it acquired Marshalls, its fifth brand
- 1990MilestoneTJX expanded into an additional store brand division
- 1989AcquisitionZayre Corp. acquired the outstanding minority interest in TJX and merged with the subsidiary, changing…
- 1988MilestoneZayre stores had operating losses of $69 million on sales of $1.4 billion
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Net cash position after subtracting debt from cash
- Interest covered 773.7× by operating earnings
- High returns on invested capital (ROIC 94.2%)
- Piotroski F-Score 8/9 — fundamentally strong checklist
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+7.7% YoY
- Profitable — makes more than it spends$6.07B TTM
- Profit growing — earnings are higher than last year+17.9% YoY
- Generates cash — cash left after running and investing$5.88B TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$153B market cap
- Not printing shares — share count not ballooning — you keep your slice-7.1% shares over ~5y
- Proven track record — years of profitability behind it11/11 profitable years
- Financially stable — balance sheet not near distresshealth score 37/100
- Pays a dividend — returns cash to shareholdersyield 1.28%
- Valuation not extreme — price not wildly above earningsP/E 25.2
Peer comparisonTJX Companies, Inc. (The) vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| TJX this company | $153.0B | 25.2 | +7.7% | 9.7% | Mixed |
| AMZN Amazon.Com Inc | $2.8T | 20.9 | +15.8% | 17.4% | Mixed |
| TSLA Tesla, Inc. | $1.5T | 397.1 | +11.8% | 3.7% | Strong |
| NFLX NetFlix Inc | $292.8B | 21.4 | +16.0% | 28.2% | Solid |
| HD Home Depot, Inc. | $290.4B | 20.4 | -16.0% | 8.7% | Solid |
| DIS The Walt Disney Company | $186.5B | 21.7 | +4.6% | 8.7% | Solid |
| MCD McDonald's Corporation | $166.9B | 18.9 | +6.3% | 31.7% | Strained |
Head-to-head: TJX vs AMZN · TJX vs TSLA · TJX vs NFLX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/TJX
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of TJX on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $139.10 · market cap $153B.