TJX Companies (TJX)

Consumer Discretionary · $150B market cap · SEC CIK 0000109198

Next reports on Nov 18, 2026, with analysts expecting $1.35 in earnings per share.

52-week range $122.78 to $170.00. 19% below its 52-week high and 12% above its low.

The case for TJX

• Earns 60% back on shareholder equity.
• Holds more cash ($6.2B) than long-term debt ($1.9B).
• Reasonably priced for its growth: 24.7× earnings, where 20% a year of growth plus a 1.5% dividend would justify about 41×.
• Has compounded revenue at 13.4% a year over five years.
• Moves less than the market (beta 0.58).
• Pays a modest 1.5% dividend.

The case against

• The price trend is weak (31/100): −4.5% over a year, −13.0% over three months, 19% below its 52-week high.
• Weakest against its peers: free-cash-flow yield of 3.3% is lower than 64% of Consumer Discretionary companies.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Consumer Discretionary companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 48 Consumer Discretionary companies.

The financials

The financials, five years deep

Pulled from TJX Companies's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What TJX Companies says it does

BUSINESS OVERVIEW The TJX Companies, Inc. (together with its subsidiaries, “TJX,” the “Company,” “we,” or “our”) is the leading off-price apparel and home fashions retailer in the United States and worldwide. We have over 5,200 stores and six branded e-commerce sites that offer a rapidly changing assortment of quality, fashionable, brand name and designer merchandise at prices generally 20% to 60% below full-price retailers’ (including department, specialty, and major online retailers) regular prices on comparable merchandise, every day. Our mission is to deliver great value to our customers every day. In our stores and online, we offer consumers our value proposition of brand, fashion, price and quality. Our opportunistic buying strategies and flexible business model differentiate us from traditional retailers. We offer a treasure hunt shopping experience and a rapid turn of inventories relative to traditional retailers. Our goal is…

Risk factors TJX lists in its 10-K

• Failure to execute our opportunistic buying strategy and successfully manage our inventory could adversely affect our results
• Failure to identify consumer trends and preferences, or to otherwise meet customer demand or expectations, in new or existing markets or channels could negatively impact our performance
• We operate in highly competitive markets, and we may not be able to compete effectively
• Failure to continue to expand our business successfully could adversely affect our financial results
• Failure to effectively manage the large size and scale of our operations may adversely affect our financial results
• We source our merchandise globally, which subjects us to risks, including when moving merchandise internationally
• Our results and profitability could be adversely affected by increased labor costs, including wage, pension, health and other costs, or other challenges from our large workforce
• Failure to employ qualified Associates in appropriate numbers and to retain key Associates and management could adversely affect our performance
• Damage to our corporate reputation or any of our retail banners’ reputation could adversely affect our sales and operating results
• Further expansion of our international operations could expose us to risks inherent in operating in new countries
• Failure to meet market expectations for our financial performance could adversely affect the market price and volatility of our stock
• Failure to protect our inventory or other assets from loss and theft and situations resulting in loss or theft may impact customer and Associate safety as well as our financial results
• We depend upon strong cash flows from our operations to supply capital to fund our operations, anticipated growth, any stock repurchases and dividends and interest and debt repayment
• Mergers, acquisitions or investments in new businesses, or divesting, closing or consolidating any of our current businesses, subjects our business to additional risks and could adversely affect our results
• Our large number of real estate leases, which generally obligate us for long periods, subject us to potential financial risk
• Changes to U.S. or other countries' trade policies and tariff and import/export regulations or our failure to comply with such regulations may have an adverse effect on our business, financial condition, and results of operations
• Our results may be adversely affected by severe or unseasonable adverse weather, serious disruptions, catastrophic events or public health crises
• Our results may be adversely affected by increased utility, transportation or logistics costs; reduced availability or increased cost of oil or other fuels; or increased costs of other commodities
• Fluctuations in currency exchange rates may lead to lower revenues and earnings
• Failure to comply with laws, rules, regulations and orders and applicable accounting principles and interpretations could negatively affect our business operations and financial performance
• Our results may be materially adversely affected by the outcomes of litigation, legal proceedings and other legal or regulatory matters
• Quality, safety or other issues with merchandise we buy and sell could impact our reputation, sales and financial results

Filings

Other Consumer Discretionary companies