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TJX

CompareEarnings: Jul 1, 2026

TJX Companies Inc

Exchange: NYSESector: Consumer CyclicalIndustry: Apparel Retail

The TJX Companies, Inc. (TJX) is the off-price apparel and home fashions retailer in the United States and worldwide. As of January 28, 2012, the Company operated in four business segments. It has two segments in the United States, Marmaxx (T.J. Maxx and Marshalls) and HomeGoods; one in Canada, TJX Canada (Winners, Marshalls and HomeSense) and one in Europe, TJX Europe (T.K. Maxx and HomeSense). As a result of the consolidation of the A.J. Wright chain, all A.J. Wright stores ceased operations by the end of February 2011. It completed the consolidation of A.J. Wright, converting 90 of the A.J. Wright stores to T.J. Maxx, Marshalls or HomeGoods banners and closed the remaining 72 stores, two distribution centers and home office. In December 2012, the Company acquired Sierra Trading Post, an off-price Internet retailer.

Did you know?

Earnings per share grew at a 9.0% CAGR.

Current Price

$157.03

-0.83%

GoodMoat Value

$91.88

41.5% overvalued
Profile
Valuation (TTM)
Market Cap$174.38B
P/E31.74
EV$182.73B
P/B17.11
Shares Out1.11B
P/Sales2.89
Revenue$60.37B
EV/EBITDA21.56

TJX Companies Inc (TJX) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

TJX is a dominant off-price retailer with a powerful business model, but its current valuation appears stretched. Its high ROE of 61.0% and consistent growth demonstrate a strong moat, yet the P/E of 34.7x and a GoodMoat Target price of $80.69 signal significant overvaluation.

Read full analysis
The TJX Companies Inc. operates a massive, global network of off-price retail stores, including T.J. Maxx, Marshalls, and HomeGoods. Its business model is buying excess inventory and irregular merchandise from thousands of suppliers at deep discounts and selling it to value-conscious consumers at prices 20-60% below full-price retailers. This creates a treasure-hunt shopping experience for a broad customer base. From a moat perspective (Section 1), TJX excels in scale privilege, strategic partnerships, and niche dominance. Its massive $177.8B scale gives it unparalleled buying power and access to inventory, and its long-term relationships with over 21,000 vendors are a key advantage. However, it faces low disruption risk from e-commerce giants, as its treasure-hunt model is difficult to replicate online. Key risks (Section 5) include macro sensitivity, as its consumer cyclical business can be hit during downturns, and potential margin compression from rising costs. A value investor might be drawn to its exceptional 61.0% Return on Equity (ROE), which far exceeds the 15-20% high-quality threshold, and its 8.5% revenue growth. However, caution is warranted due to its high P/E of 34.7x, which is elevated for its growth rate, a modest Free Cash Flow Yield of 2.4%, and a debt/equity ratio of 1.52, which is above the ideal low-debt threshold. The significant gap between the current price and the GoodMoat Target suggests the market price may not offer a margin of safety.

TJX Company Information

The TJX Companies, Inc. (TJX) is the off-price apparel and home fashions retailer in the United States and worldwide. As of January 28, 2012, the Company operated in four business segments.

It has two segments in the United States, Marmaxx (T. J. Maxx and Marshalls) and HomeGoods; one in Canada, TJX Canada (Winners, Marshalls and HomeSense) and one in Europe, TJX Europe (T. K.

Maxx and HomeSense). As a result of the consolidation of the A. J. Wright chain, all A. J. Wright stores ceased operations by the end of February 2011. It completed the consolidation of A. J.

Wright, converting 90 of the A. J. Wright stores to T. J. Maxx, Marshalls or HomeGoods banners and closed the remaining 72 stores, two distribution centers and home office.

In December 2012, the Company acquired Sierra Trading Post, an off-price Internet retailer.

Sector

Consumer Cyclical

Industry

Apparel Retail

Exchange

NYSE

Country

Massachusetts, USA

TJX Key Officers

Key officers data coming soon

TJX Company Profile

TJX Companies Inc (TJX) is a Consumer Cyclical company in the Apparel Retail industry. It trades on NYSE. The company is based in Massachusetts, USA.

The TJX Companies, Inc. (TJX) is the off-price apparel and home fashions retailer in the United States and worldwide. As of January 28, 2012, the Company operated in four business segments. It has two segments in the United States, Marmaxx (T.J. Maxx and Marshalls) and HomeGoods; one in Canada, TJX Canada (Winners, Marshalls and HomeSense) and one in Europe, TJX Europe (T.K. Maxx and HomeSense). As a result of the consolidation of the A.J. Wright chain, all A.J. Wright stores ceased operations by the end of February 2011. It completed the consolidation of A.J. Wright, converting 90 of the A.J. Wright stores to T.J. Maxx, Marshalls or HomeGoods banners and closed the remaining 72 stores, two distribution centers and home office. In December 2012, the Company acquired Sierra Trading Post, an off-price Internet retailer.

Market cap is $174.38B. There are 1110.5M shares outstanding. Dividend yield is 1.06%.

See the full TJX Companies Inc profile on GoodMoat. It covers key officers, financial metrics, and sector details. You can also use GoodMoat's DCF calculator, fair value models, and quality score to help decide if TJX is a good investment.