T.J. Maxx Financial Statements From 2010 to 2023

TJX Stock  USD 75.38  0.51  0.68%   
T.J. Maxx financial statements provide useful quarterly and yearly information to potential The TJX Companies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on T.J. Maxx financial statements helps investors assess T.J. Maxx's valuation, profitability, and current liquidity needs.
We have found one hundred six available fundamental trend indicators for The TJX Companies, which can be analyzed and compared to other ratios and to its competition. Make sure you double-check all of The TJX Companies current market performance against the performance between 2010 and 2023 to make sure the company can sustain itself down the road.
T.J. Maxx Tangible Asset Value is fairly stable at the moment as compared to the past year. T.J. Maxx reported Tangible Asset Value of 10.68 Billion in 2022. Working Capital is likely to rise to about 3 B in 2023, whereas Earnings before Tax are likely to drop slightly above 3.3 B in 2023.
  
Check T.J. Maxx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among T.J. Maxx main balance sheet or income statement drivers, such as Direct Expenses of 20.5 B, Consolidated Income of 2.5 B or Cost of Revenue of 25.2 B, as well as many exotic indicators such as Interest Coverage of 103, Long Term Debt to Equity of 0.39 or Calculated Tax Rate of 38.04. T.J. Maxx financial statements analysis is a perfect complement when working with T.J. Maxx Valuation or Volatility modules. It can also supplement T.J. Maxx's financial leverage analysis and stock options assessment as well as various T.J. Maxx Technical models . Check out the analysis of T.J. Maxx Correlation against competitors. For more information on how to buy T.J. Maxx Stock please use our How to Invest in T.J. Maxx guide.

T.J. Maxx Revenues

35.21 Billion

T.J. Maxx Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities364.2 M408.9 M304.9 M
Down
Slightly volatile
Tax Assets35.9 M35 M111.2 M
Up
Very volatile
Accumulated Retained Earnings Deficit4.8 B4.1 B4.8 B
Up
Slightly volatile
Trade and Non Trade Receivables296.8 M213.8 M336 M
Up
Slightly volatile
Property Plant and Equipment NetB3.9 B9.8 B
Up
Pretty Stable
Trade and Non Trade Payables2.6 BB2.6 B
Up
Slightly volatile
Liabilities Non Current2.9 B2.8 B7.6 B
Up
Slightly volatile
Current Liabilities5.5 B3.9 B6.2 B
Up
Slightly volatile
Total Liabilities10.4 B6.7 B13.9 B
Up
Slightly volatile
Investments Current384.8 M325 M360.3 M
Down
Very volatile
Investments384.8 M325 M360.3 M
Down
Very volatile
InventoryB3.2 B4.3 B
Up
Slightly volatile
Goodwill and Intangible Assets334.3 M309.9 M190.1 M
Down
Pretty Stable
Shareholders Equity USD5.1 B4.3 B5.3 B
Up
Slightly volatile
Shareholders Equity5.1 B4.3 B5.3 B
Up
Slightly volatile
Total Debt USD1.7 B1.6 B7.3 B
Up
Slightly volatile
Debt Non Current1.7 B1.6 B6.5 B
Up
Slightly volatile
Debt Current2.3 B2.4 B1.6 B
Up
Slightly volatile
Total Debt1.7 B1.6 B7.3 B
Up
Slightly volatile
Cash and Equivalents USD3.5 B2.5 B3.3 B
Up
Slightly volatile
Cash and Equivalents3.5 B2.5 B3.3 B
Up
Slightly volatile
Assets Non Current6.9 B4.4 B10.7 B
Up
Slightly volatile
Current Assets8.5 B6.6 B8.5 B
Up
Slightly volatile
Total Assets15.4 B11 B19.2 B
Up
Slightly volatile
Accounts Payable2.1 BB2.6 B
Up
Slightly volatile
Receivables233.5 M213.8 M331.5 M
Up
Slightly volatile
Inventories3.3 B3.2 B4.3 B
Up
Slightly volatile

T.J. Maxx Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense1.2 B1.3 B1.2 B
Up
Very volatile
Weighted Average Shares Diluted1.3 B1.4 B1.3 B
Down
Slightly volatile
Weighted Average Shares1.3 B1.4 B1.3 B
Down
Slightly volatile
Selling General and Administrative ExpenseB4.7 B6.5 B
Up
Slightly volatile
Revenues USD35.2 B29.1 B37.2 B
Up
Slightly volatile
Revenues35.2 B29.1 B37.2 B
Up
Slightly volatile
Operating Income3.9 B3.6 B4.1 B
Up
Slightly volatile
Operating ExpensesB4.7 B6.5 B
Up
Slightly volatile
Net Income Common Stock USD2.5 B2.2 B2.8 B
Up
Slightly volatile
Net Income Common Stock2.5 B2.2 B2.8 B
Up
Slightly volatile
Net Income2.5 B2.2 B2.8 B
Up
Slightly volatile
Interest Expense52 M39.8 M36.2 M
Up
Slightly volatile
Gross Profit10 B8.3 B10.6 B
Up
Slightly volatile
Earning Before Interest and Taxes USD3.4 B3.6 BB
Up
Slightly volatile
Earning Before Interest and Taxes EBIT3.4 B3.6 BB
Up
Slightly volatile
Cost of Revenue25.2 B20.8 B26.6 B
Up
Slightly volatile
Consolidated Income2.5 B2.2 B2.8 B
Up
Slightly volatile
Direct Expenses20.5 B20.8 B26.3 B
Up
Slightly volatile

T.J. Maxx Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation(7.2 M)(7 M)77.7 M
Up
Slightly volatile
Net Cash Flow from Operations3.6 BB3.4 B
Up
Slightly volatile
Issuance Repayment of Debt Securities 315.1 M333.1 M(752.2 M)
Down
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(55.5 M)(51.4 M)(113.7 M)
Down
Pretty Stable
Net Cash Flow or Change in Cash and Cash Equivalents454.3 M344 M(372.6 M)
Down
Slightly volatile
Depreciation Amortization and Accretion719.5 M589 M746 M
Up
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share11.617.70815.2682
Up
Slightly volatile
Sales per Share26.5420.98929.4635
Up
Slightly volatile
Return on Sales0.110.1230.11
Down
Slightly volatile
Return on Invested Capital0.50.5960.3533
Down
Slightly volatile
Return on Average Equity0.480.5150.5545
Down
Pretty Stable
Return on Average Assets0.180.2020.1633
Down
Slightly volatile
Price to Sales Ratio1.761.5711.6493
Up
Slightly volatile
Price to Earnings Ratio21.1520.60621.5039
Up
Slightly volatile
Price to Book Value12.0910.65311.5243
Up
Slightly volatile
Payout Ratio0.220.2090.277
Up
Slightly volatile
Profit Margin0.06830.0760.0757
Down
Slightly volatile
Gross Margin0.250.260.2809
Down
Slightly volatile
Free Cash Flow per Share1.891.5141.8228
Up
Slightly volatile
Enterprise Value over EBITDA15.9910.74413.791
Up
Slightly volatile
Enterprise Value over EBIT13.3413.015.8816
Up
Slightly volatile
Earnings per Basic Share USD1.881.62.2299
Up
Slightly volatile
Earnings per Diluted Share1.851.5752.1946
Up
Slightly volatile
Earnings per Basic Share1.881.62.2299
Up
Slightly volatile
EBITDA Margin0.130.1440.1302
Down
Slightly volatile
Dividends per Basic Common Share0.480.3350.6644
Up
Slightly volatile
Dividend Yield0.01210.010.013
Up
Slightly volatile
Debt to Equity Ratio2.151.5772.5151
Up
Slightly volatile
Current Ratio1.521.6741.4349
Down
Slightly volatile
Book Value per Share3.833.0784.1645
Up
Slightly volatile
Asset Turnover2.392.6482.1292
Down
Slightly volatile
Total Assets Per Share9.098.126115.3685
Up
Slightly volatile
Cash Flow Per Share2.152.19672.6583
Up
Pretty Stable
Return on Investment64.8262.685658.516
Down
Slightly volatile
Operating Margin12.412.344811.1233
Down
Slightly volatile
Calculated Tax Rate38.0437.630.2288
Down
Pretty Stable
Receivables Turnover142138119
Down
Very volatile
Inventory Turnover6.176.7196.4633
Down
Very volatile
PPandE Turnover8.837.81428.2323
Up
Slightly volatile
Cash and Equivalents Turnover13.9812.558712.4345
Down
Slightly volatile
Accounts Payable Turnover16.2115.432514.7464
Down
Pretty Stable
Accrued Expenses Turnover35.5335.778529.4758
Down
Pretty Stable
Interest Coverage10390.2222239
Down
Very volatile
Long Term Debt to Equity0.390.39510.3829
Up
Slightly volatile
Quick Ratio0.680.76090.6263
Down
Pretty Stable
Net Current Assets as percentage of Total Assets25.0625.029915.2104
Down
Pretty Stable
Revenue to Assets2.772.6132.1367
Down
Pretty Stable

T.J. Maxx Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working CapitalB2.6 B2.3 B
Up
Pretty Stable
Tangible Asset Value15.2 B10.7 B19 B
Up
Slightly volatile
Market Capitalization56.2 B45.4 B61.5 B
Up
Slightly volatile
Invested Capital Average6.2 BB16.8 B
Up
Slightly volatile
Invested CapitalB5.9 B16.7 B
Up
Pretty Stable
Free Cash Flow2.5 B2.1 B2.3 B
Up
Slightly volatile
Enterprise Value57 B44.9 B66.2 B
Up
Slightly volatile
Average EquityB4.3 BB
Up
Slightly volatile
Earnings before Tax3.3 B3.5 BB
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD4.6 B4.2 B4.8 B
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA4.6 B4.2 B4.8 B
Up
Slightly volatile
Average Assets15.2 B11 B19 B
Up
Slightly volatile
Revenue Per Employee157.6 K147.3 K146 K
Up
Slightly volatile
Net Income Per Employee11.3 K11.2 K11.1 K
Down
Slightly volatile

T.J. Maxx Fundamental Market Drivers

Forward Price Earnings22.4719
Cash And Short Term Investments5.5 B

T.J. Maxx Upcoming Events

17th of May 2023
Upcoming Quarterly Report
View
16th of August 2023
Next Financial Report
View
30th of April 2023
Next Fiscal Quarter End
View
28th of February 2024
Next Fiscal Year End
View
31st of January 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
View

About T.J. Maxx Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include T.J. Maxx income statement, its balance sheet, and the statement of cash flows. T.J. Maxx investors use historical funamental indicators, such as T.J. Maxx's revenue or net income, to determine how well the company is positioned to perform in the future. Although T.J. Maxx investors may use each financial statement separately, they are all related. The changes in T.J. Maxx's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on T.J. Maxx's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on T.J. Maxx Financial Statements. Understanding these patterns can help to make the right decision on long term investment in T.J. Maxx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Cost of Revenue20.8 B25.2 B
Revenues29.1 B35.2 B
Revenue to Assets 2.61  2.77 
Revenue Per Employee147.3 K157.6 K

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Check out the analysis of T.J. Maxx Correlation against competitors. For more information on how to buy T.J. Maxx Stock please use our How to Invest in T.J. Maxx guide. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is T.J. Maxx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T.J. Maxx. If investors know T.J. Maxx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T.J. Maxx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.136
Dividend Share
1.18
Earnings Share
2.98
Revenue Per Share
42.39
Quarterly Revenue Growth
0.048
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. Maxx that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine T.J. Maxx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.