About TJX Companies, Inc. (The)
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.
TJX Companies, Inc. (The) (TJX) is a Consumer Cyclical company in the Apparel Retail industry with a market capitalisation of $146.6B. The stock trades at 24.58x trailing earnings and yields 1.44%.
- Sector
- Consumer Cyclical
- Industry
- Apparel Retail
- Market cap
- $146.6B
- P/E ratio
- 24.58
- Forward P/E
- 22.99
- EPS (TTM)
- $5.40
- Revenue (TTM)
- $62.4B
- Free cash flow
- $4.4B
- Profit margin
- 9.7%
- Dividend yield
- 1.44%
- Beta
- 0.59
- Shares outstanding
- 1.1B
Financial health: Fair7.3/10
6 strengths, 1 concern. Weakest points: peg ratio.
- Debt to equity: 0.28 (Strong, benchmark < 0.5) — Debt of 0.28x equity is conservative against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 0.0y (Strong, benchmark < 4 years) — Holds more cash than debt ($3.4B net cash).
- Current ratio: 1.14 (Watch, benchmark > 1.5) — Short-term assets cover 1.14x short-term liabilities, against Graham's 1.5x floor. It has been broadly flat over the last 4 years.
- Return on equity: 62.2% (Strong, benchmark > 15%) — Earns 62.2% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 31.5% (Watch, benchmark > 40%) — Keeps 31.5% of revenue after the direct cost of sales, short of the > 40% mark.
- Net margin: 9.7% (Watch, benchmark > 10%) — Turns 9.7% of revenue into profit, short of the > 10% mark.
- Free cash flow: $4.9B (Strong, benchmark positive) — Generated $4.9B of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 5.4% (Watch, benchmark > 10%) — Revenue changed 5.4% year on year, short of the > 10% mark.
- Earnings growth: 23.6% (Strong, benchmark > 10%) — Earnings changed 23.6% year on year, comfortably past the > 10% mark.
- PEG ratio: 2.57 (Concern, benchmark < 1) — At 2.57, the price looks expensive relative to expected growth — Lynch treated 1.0 as fair value.
- Payout ratio: 32.5% (Strong, benchmark < 60%) — Pays out 32.5% of earnings as dividends, leaving room to keep paying.