(TJX) The TJX Companies - NYSE
Sector: Consumer Cyclical | Industry: Apparel Retail | Exchange: NYSE (USA) | Market Cap: 180.962m USD | Total Return: 33.2% in 12m
Avg Turnover: 967M
EPS Trend: 96.4%
Qual. Beats: 4
Rev. Trend: 98.3%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Pead
The TJX Companies, Inc. is a U.S.-based off-price retailer of apparel and home fashions operating four segments-Marmaxx, HomeGoods, TJX Canada, and TJX International-and selling through both physical stores and e-commerce sites. Its merchandise spans family apparel, footwear, accessories, home basics, furniture, seasonal decor, and pet and gourmet food. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts.
Off-price retailers like TJX follow a distinct business model: they purchase merchandise from manufacturers and brand owners at opportunistic terms-often leveraging excess inventory, cancelled orders, special makeups, and packaway buys-and resell it at meaningfully lower prices than traditional department stores, typically without a consistent in-store assortment. Within the Consumer Discretionary sector and the Apparel Retail sub-industry, TJX competes with other discount and value-oriented chains that rely on high inventory turnover, opportunistic buying teams, and a treasure hunt shopping experience to drive frequent customer visits.
- Off-price comp sales growth across Marmaxx and HomeGoods segments
- Tariff exposure on imported apparel and home goods pressures margins
- Competition from Ross Stores and Burlington in off-price retail intensifies
| Net Income: 5.79b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 3.29 > 1.0 |
| NWC/Revenue: 2.90% < 20% (prev 3.10%; Δ -0.20% < -1%) |
| CFO/TA 0.21 > 3% & CFO 7.60b > Net Income 5.79b |
| Net Debt (19.9b) to EBITDA (9.03b): 2.21 < 3 |
| Current Ratio: 1.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.12b) vs 12m ago -1.06% < -2% |
| Gross Margin: 31.44% > 18% (prev 30.48%; Δ 0.96% > 0.5%) |
| Asset Turnover: 181.1% > 50% (prev 178.9%; Δ 2.19% > 0%) |
| Interest Coverage Ratio: 104.6 > 6 (EBIT TTM 7.74b / Interest Expense TTM 74.0m) |
| A: 0.05 (Total Current Assets 14.6b - Total Current Liabilities 12.9b) / Total Assets 36.2b |
| B: 0.27 (Retained Earnings 9.67b / Total Assets 36.2b) |
| C: 0.23 (EBIT TTM 7.74b / Avg Total Assets 34.0b) |
| D: 0.40 (Book Value of Equity 10.4b / Total Liabilities 25.8b) |
| Altman-Z'' = 3.15 = A |
| DSRI: 1.02 (Receivables 706.0m/638.0m, Revenue 61.6b/57.0b) |
| GMI: 0.97 (GM 30.48% / 31.44%) |
| AQI: 1.01 (AQ_t 0.06 / AQ_t-1 0.06) |
| SGI: 1.08 (Revenue 61.6b / 57.0b) |
| TATA: -0.05 (NI 5.79b - CFO 7.60b) / TA 36.2b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of June 23, 2026, the stock is trading at USD 164.17 with a total of 5,210,278 shares traded. Over the past week, the price has changed by -2.52%, over one month by +3.73%, over three months by +5.24% and over the past year by +33.20%.
Current recommended Stop Loss: 159.40 (which is 2.9% or 1.4 ATR below the current price).
The TJX Companies has received a consensus analysts rating of 4.62. Therefore, it is recommended to buy TJX.
- StrongBuy: 16
- Buy: 3
- Hold: 1
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 177.6 | 8.2% |
P/E Trailing = 31.8697
P/E Forward = 31.5457
P/S = 2.9385
P/B = 17.3951
P/EG = 3.5002
Revenue TTM = 61.6b USD
EBIT TTM = 7.74b USD
EBITDA TTM = 9.03b USD
Long Term Debt = 1.87b USD (from longTermDebt, last quarter)
Short Term Debt = 2.71b USD (from shortTermDebt, last quarter)
Debt = 25.5b USD (from shortLongTermDebtTotal, last quarter) + Leases 11.3b
Net Debt = 19.9b USD (calculated: Debt 25.5b - CCE 5.58b)
Enterprise Value = 201b USD (181b + Debt 25.5b - CCE 5.58b)
Interest Coverage Ratio = 104.6 (Ebit TTM 7.74b / Interest Expense TTM 74.0m)
EV/FCF = 36.68x (Enterprise Value 201b / FCF TTM 5.48b)
FCF Yield = 2.73% (FCF TTM 5.48b / Enterprise Value 201b)
FCF Margin = 8.89% (FCF TTM 5.48b / Revenue TTM 61.6b)
Net Margin = 9.40% (Net Income TTM 5.79b / Revenue TTM 61.6b)
Gross Margin = 31.44% ((Revenue TTM 61.6b - Cost of Revenue TTM 42.2b) / Revenue TTM)
Gross Margin QoQ = 31.28% (prev 30.86%)
Tobins Q-Ratio = 5.56 (Enterprise Value 201b / Total Assets 36.2b)
Interest Expense / Debt = 0.29% (Interest Expense 74.0m / Debt 25.5b)
Taxrate = 24.55% (1.88b / 7.67b)
NOPAT = 5.84b (EBIT 7.74b * (1 - 24.55%))
Current Ratio = 1.14 (Total Current Assets 14.6b / Total Current Liabilities 12.9b)
Debt / Equity = 2.45 (Debt 25.5b / totalStockholderEquity, last quarter 10.4b)
Debt / EBITDA = 2.21 (Net Debt 19.9b / EBITDA 9.03b)
Debt / FCF = 3.64 (Net Debt 19.9b / FCF TTM 5.48b)
Total Stockholder Equity = 9.70b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.03% (Net Income 5.79b / Total Assets 36.2b)
RoE = 59.66% (Net Income TTM 5.79b / Total Stockholder Equity 9.70b)
RoCE = 66.86% (EBIT 7.74b / Capital Employed (Equity 9.70b + L.T.Debt 1.87b))
RoIC = 25.46% (NOPAT 5.84b / Invested Capital 22.9b)
WACC = 6.24% (E(181b)/V(206b) * Re(7.09%) + D(25.5b)/V(206b) * Rd(0.29%) * (1-Tc(0.25)))
Discount Rate = 7.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -1.24%
[DCF] Terminal Value 77.97% ; FCFF base≈4.80b ; Y1≈5.50b ; Y5≈8.09b
[DCF] Fair Price = 92.22 (EV 122b - Net Debt 19.9b = Equity 102b / Shares 1.10b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.45 | EPS CAGR: 13.54% | SUE: 3.18 | # QB: 4
Revenue Correlation: 98.35 | Revenue CAGR: 6.11% | SUE: 2.83 | # QB: 4
EPS current Quarter (2026-07-31): EPS=1.18 | Chg30d=+1.25% | Revisions=+33% | Analysts=9
EPS next Quarter (2026-10-31): EPS=1.33 | Chg30d=-1.99% | Revisions=-56% | Analysts=9
EPS current Year (2027-01-31): EPS=5.21 | Chg30d=+1.93% | Revisions=+64% | GrowthEPS=+6.9% | GrowthRev=+6.2%
EPS next Year (2028-01-31): EPS=5.71 | Chg30d=+0.60% | Revisions=+56% | GrowthEPS=+9.7% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: +64%