TJX Companies, Inc. (The) (TJX) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

TJX Companies, Inc. (The)

NYSE•Consumer Cyclical•Apparel Retail

$127.24+0.69(0.01%)After hours

Market Cap

$139.71B

P/E

23.0x

P/S

2.2x

P/B

13.1x

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.

How this company scores

ExcellentMetricSide Score: 87/100

Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (21/25).

Profitability23/25

Growth21/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality22/25

Strengths

Rising free cash flowHigh ROERising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 23.0x5y range 21.3x – 30.4x

Currently near its 20-quarter median.

P/S · 2.2x5y range 1.4x – 2.8x

Currently near its 20-quarter median.

P/B · 13.1x5y range 12.2x – 17.0x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $139.71B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $62.36B
Q. Revenue: $15.18B
TTM EBITDA: $9.23B
TTM Op. Income: $7.92B
Q. Op. Income: $1.99B
TTM Net Income: $6.07B
Q. Net Income: $1.52B
EPS: $1.38
Shares Out.: $1.10B

$62.36B in TTM revenue grew 7.7% YoY, reaching $15.18B last quarter. TTM EBITDA of $9.23B and TTM operating income of $7.92B show growth is flowing through to the bottom line. TTM net income of $6.07B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 15.3%
Op. Margin: 13.1%
Net Margin: 10.0%

Op. margin of 13.1% is up 1.8% YoY — cost efficiency is improving. Net margin at 10.0% Over the past year, operating margin is up 16% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 23.0x
P/S Ratio: 2.2x
P/B Ratio: 13.1x

At 23.0x P/E, the stock trades within typical market levels. P/S of 2.2x and P/B of 13.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $37.12B
Cash: $6.00B
Long-Term Debt: $1.87B
Book Value: $10.65B
D/E Ratio: 0.2
Debt/EBITDA: 0.8

With $37.12B in assets and $1.87B in long-term debt, D/E is 0.2and book value is $10.65B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $2.23B
TTM Free Cash Flow: $5.88B
FCF Margin: 9.4%
FCF / Net Income: 1.0

TTM FCF of $5.88B on $2.23B in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.