14 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 13.4% per year over the past 5 years.
Net income has grown faster than revenue (127.6% vs 13.4% per year).
Free cash flow has grown 4.2% per year over the past 5 years.
Financial health
The company holds more cash ($6.2B) than total debt ($2.9B).
Total debt has grown slower than revenue (-14.0% vs 13.4% per year).
Shareholder returns
Dividends have been paid for 14 consecutive years, consuming 33.5% of earnings and 37.5% of free cash flow.
The dividend has grown 46.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$60.4B
$5.5B
31.0%
0.0%
$4.9B
$2.9B
$6.2B
2025
$56.4B
$4.9B
30.6%
0.0%
$4.2B
$2.9B
$5.3B
2024
$54.2B
$4.5B
30.0%
0.0%
$4.3B
$2.9B
$5.6B
2023
$49.9B
$3.5B
27.6%
0.0%
$2.6B
$3.4B
$5.5B
2022
$48.5B
$3.3B
28.5%
0.0%
$2.0B
$3.4B
$6.2B
2021
$32.1B
$90M
23.7%
0.0%
$4.0B
$6.1B
$10.5B
2020
$41.7B
$3.3B
28.5%
0.0%
$2.8B
$2.2B
$3.2B
2019
$39.0B
$3.1B
28.6%
12.2%
$3.0B
$2.2B
$3.0B
2018
$35.9B
$2.6B
28.9%
12.3%
$2.0B
$2.2B
$2.8B
2017
$33.2B
$2.3B
29.0%
12.8%
$2.6B
$2.2B
$2.9B
2016
—
$2.3B
—
—
—
$1.6B
$2.1B
2015
—
$2.2B
—
—
—
$1.6B
$2.5B
2014
—
$2.1B
—
—
$1.6B
$1.3B
$2.1B
2013
—
$1.9B
—
—
$2.1B
$775M
$1.8B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
May '26
$14.3B
$1.3B
31.3%
0.0%
$457M
$2.9B
$5.6B
Jan '26
$17.7B
$1.8B
30.9%
0.0%
$2.7B
$2.9B
$6.2B
Nov '25
$15.1B
$1.4B
32.6%
0.0%
$1.0B
$2.9B
$4.6B
Aug '25
$14.4B
$1.2B
30.7%
0.0%
$1.3B
$2.9B
$4.6B
May '25
$13.1B
$1.0B
29.5%
0.0%
-$103M
$2.9B
$4.3B
Feb '25
$16.4B
$1.4B
30.5%
0.0%
$2.2B
$2.9B
$5.3B
Nov '24
$14.1B
$1.3B
31.6%
0.0%
$624M
$2.9B
$4.7B
Aug '24
$13.5B
$1.1B
30.4%
0.0%
$1.1B
$2.9B
$5.3B
May '24
$12.5B
$1.1B
30.0%
0.0%
$318M
$2.9B
$5.1B
Feb '24
$16.4B
$1.4B
29.8%
0.0%
$2.4B
$2.9B
$5.6B
Oct '23
$13.3B
$1.2B
31.1%
0.0%
$711M
$2.9B
$4.3B
Jul '23
$12.8B
$989M
30.2%
0.0%
$882M
$2.9B
$4.5B
Apr '23
$11.8B
$891M
28.9%
0.0%
$384M
$3.4B
$5.0B
Jan '23
$14.5B
$1.0B
26.1%
0.0%
$2.7B
$3.4B
$5.5B
Oct '22
$12.2B
$1.1B
29.1%
0.0%
$646M
$3.4B
$3.4B
Jul '22
$11.8B
$810M
27.6%
0.0%
$261M
$3.4B
$3.5B
Apr '22
$11.4B
$587M
27.9%
0.0%
-$948M
$3.4B
$4.3B
Jan '22
$13.9B
$940M
27.1%
0.0%
$781M
$3.4B
$6.2B
Oct '21
$12.5B
$1.0B
29.5%
0.0%
$729M
$3.4B
$6.8B
Jul '21
$12.1B
$786M
29.4%
0.0%
$1.2B
$3.4B
$7.1B
Valuation over time
How the market has priced TJX against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 24.7× (Mar '23) to 31.2× (Jun '26).
The price-to-sales ratio has risen from 1.7× (Mar '23) to 2.8× (Jun '26).
The dividend yield has fallen from 1.5% (Mar '23) to 1.1% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is TJX growing its revenue and profit?
Over the past 5 years, TJX Companies's revenue has grown 13.4% per year, and net income grown 127.6% per year. These are computed facts, not advice.
How much debt does TJX have?
As of FY2026, TJX Companies reported $2.9B of total debt against $6.2B of cash.
What is TJX's profit margin?
In FY2026, gross margin was 31.0%, operating margin —, and net margin 9.1%.
What is TJX's P/E ratio?
As of Jun '26, TJX Companies traded at a price-to-earnings ratio of about 31.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.