TJX CompaniesTJX

TJX CompaniesTJX

Revenue: is the business selling more than it used to?

$60.4B+21% YoYFY 2025

→Revenue reached $60.4B in 2025, compounding +7% a year since 2022 though the pace has cooled. The trailing twelve months are already running at $62.4B, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Net income: how much of that revenue becomes profit?

$5.5B+57% YoYFY 2025

→Net income was $5.5B in 2025, compounding +16% a year over three years. Trailing twelve-month profit stands at $6.1B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

How fast is it growing, year by year?

+20.9%revenue growth, FY 2025

→Revenue grew +21% in 2025 against a five-year average of +16%. Earnings grew faster (+57%), so each new dollar of sales is arriving more profitably. 2021's +3548% earnings rebound off a collapsed base sits off the axis.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Revenue per share: is your slice growing as fast as the company?

$53.52revenue per share, FY 2025

→Revenue per share reached $53.52 in 2025, compounding +8% a year against +7% for TJX as a whole. Buybacks added roughly 1.6 points to your per-share result. Free cash flow per share stands at $4.36.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Free cash flow: what is left in real cash after everything?

$4.9B+87% YoYFY 2025

→Free cash flow was $4.9B in 2025, compounding +23% a year since 2022. That is the most cash the business has ever thrown off in a year. The trailing twelve months stand at $5.9B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

How much of every sales dollar ends up as free cash?

→8 cents of every sales dollar became free cash in 2025, up 3 points since 2022.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

What does staying competitive cost, per dollar of sales?

→The biggest claim on each sales dollar is capital spending, at 3% of revenue (stock compensation 0%).

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Margins: of every $1 of sales, how much survives each cost layer?

→Net margin stands at 9% in 2025. TJX doesn't break out gross or operating margin in its filings, so net is the only layer the data supports.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

What does it earn on the money it uses?

→ROE of 57% and ROCE of 52% sit close together, so the returns come from the business itself rather than from borrowing.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

What has the market paid for TJX over time?

24.6xP/E today

→At 24.6x earnings, the market is paying about what it has typically paid TJX's own 6-year median of 23.7x. Neither a bargain nor a stretch by its own standard.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

What cash return does the business throw off per dollar of market value?

4.0%FCF yield today

→Every dollar of market value currently buys 4.0% of annual free cash flow, less than its 6-year median of 5.0% - you are paying up for the same cash.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Could it handle its debt if things went wrong?

→The company holds $6.0B in cash against $2.9B of debt - a net-cash balance sheet, which means a bad year is an inconvenience rather than a threat.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Is the company's own capital growing?

→The company's own capital grew from $7.3B in 2023 to $10.7B (+46%). The business is building book value rather than consuming it.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

How much goes back, and how much leaks out as stock comp?

→Shareholders received $2.5B in buybacks and $1.8B in dividends in 2025. Stock compensation issued $214M of new shares in the same year, offsetting 5% of that.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

How fast is your ownership being diluted - or concentrated?

→The share count shrank 4.2% in 2025, averaging 2.4% a year over three years. Buybacks are concentrating your ownership: the same business, split fewer ways.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Is the dividend cheque growing?

→The dividend per share reached $1.63 in 2025, compounding +48% a year since 2020.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Can it afford the dividend?

→The dividend consumed 34% of profit and 37% of free cash flow in 2025. That leaves room to keep paying through a weak year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Does TJX earn more on its capital than that capital costs?

→TJX earns 52.4% on the capital it employs, well above the 10% most investors treat as the cost of capital.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

TJX has issued or retired shares - did shareholders end up better off?

→TJX has shrunk its share count -40% from 2007 to 2025, so each remaining share owns more of the business. Revenue per share is +446% over the same years.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01

TJX CompaniesTJX

Are the people running it buying or selling?

→Insiders bought $7,915 and sold $41M on the open market, a net sale of $41M. A further 45 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-08-01